Delta Air Lines (DAL) Common Equity (2009 - 2026)
Delta Air Lines (DAL) reported Common Equity of $21.82 billion for Q2 2026, up 25.1% from $17.44 billion a year earlier and up 7.1% from the prior quarter.
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Analysis
Delta Air Lines (DAL) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Delta Air Lines posted Common Equity of $20.85 billion, up 36.4% from FY2024.
- Common Equity has increased for five consecutive years, with a five-year compound annual growth rate of 68.5% (FY2020 to FY2025).
- By year, Common Equity came in at $15.29 billion in FY2024 (+37.7%), $11.11 billion in FY2023 (+68.7%), $6.58 billion in FY2022 (+69.3%) and $3.89 billion in FY2021 (+153.4%).
- The Q2 2026 figure ranks as the highest quarterly Common Equity in data going back to Q4 2009.
- Year over year, Common Equity has now increased in each of the last 19 quarters, with growth averaging 37.0% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q1 2022 (growth of 520.5%); the low point was Q3 2021 (a decline of 22.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.38 billion (Q1 2026), $20.85 billion (Q4 2025) and $18.82 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 20.67 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 14.09 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 34.42 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 15.10 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 16.25 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 31.65 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 21.82 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 4.55 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 11.02 Bn |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn | 8.77 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.82 Bn |
| Mar 31, 2026 | 20.38 Bn |
| Dec 31, 2025 | 20.85 Bn |
| Sep 30, 2025 | 18.82 Bn |
| Jun 30, 2025 | 17.44 Bn |
| Mar 31, 2025 | 15.45 Bn |
| Dec 31, 2024 | 15.29 Bn |
| Sep 30, 2024 | 13.65 Bn |
| Jun 30, 2024 | 12.39 Bn |
| Mar 31, 2024 | 11.15 Bn |
| Dec 31, 2023 | 11.11 Bn |
| Sep 30, 2023 | 9.23 Bn |
| Jun 30, 2023 | 8.10 Bn |
| Mar 31, 2023 | 6.26 Bn |
| Dec 31, 2022 | 6.58 Bn |
| Sep 30, 2022 | 4.59 Bn |
| Jun 30, 2022 | 3.81 Bn |
| Mar 31, 2022 | 2.99 Bn |
| Dec 31, 2021 | 3.89 Bn |
| Sep 30, 2021 | 2.61 Bn |
API Access
Delta Air Lines Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();