KPIs & Operating Metrics(New)
Growth Metrics

Delta Air Lines (DAL) Equity Ratio (2009 - 2026)

Delta Air Lines posted quarterly Equity Ratio of 0.24 for Q1 2026, up 20.83% year-on-year from 0.2 in Q1 2025, and down 5.89% on a QoQ basis from 0.26 in Q4 2025.

Delta Air Lines (DAL) has 18 years of Equity Ratio data on file, last reported at 0.24 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 20.83% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (up 20.83% YoY), and the FY2025 full-year result was 0.26, up 26.39% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.24, down from 0.26 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.26 in Q4 2025 and bottomed at 0.04 in Q1 2022.
  • The 5-year median for Equity Ratio is 0.15 (2023), against an average of 0.15.
  • The widest annual swing landed in 2022, when Equity Ratio surged 514.94%; it then advanced 20.83% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.09 in 2022, then surged by 65.61% to 0.15 in 2023, then surged by 34.56% to 0.2 in 2024, then rose by 26.39% to 0.26 in 2025, then dropped by 5.89% to 0.24 in 2026.
  • The last three Equity Ratio figures came in at 0.24 (Q1 2026), 0.26 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 0.24
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 0.23
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn -
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 0.18
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 0.37
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 0.42
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 0.11
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 0.25
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 0.03

Historic Data

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DateValue
Mar 31, 2026 0.24
Dec 31, 2025 0.26
Sep 30, 2025 0.24
Jun 30, 2025 0.22
Mar 31, 2025 0.20
Dec 31, 2024 0.20
Sep 30, 2024 0.18
Jun 30, 2024 0.16
Mar 31, 2024 0.15
Dec 31, 2023 0.15
Sep 30, 2023 0.13
Jun 30, 2023 0.11
Mar 31, 2023 0.09
Dec 31, 2022 0.09
Sep 30, 2022 0.06
Jun 30, 2022 0.05
Mar 31, 2022 0.04
Dec 31, 2021 0.05
Sep 30, 2021 0.04
Jun 30, 2021 0.02
Mar 31, 2021 0.01
Dec 31, 2020 0.02
Sep 30, 2020 0.04
Jun 30, 2020 0.12
Mar 31, 2020 0.21
Dec 31, 2019 0.24
Sep 30, 2019 0.24
Jun 30, 2019 0.22
Mar 31, 2019 0.21
Dec 31, 2018 0.23
Sep 30, 2018 0.23
Jun 30, 2018 0.21
Mar 31, 2018 0.21
Dec 31, 2017 0.23
Sep 30, 2017 -0.14
Jun 30, 2017 0.00
Mar 31, 2017 -0.15
Dec 31, 2016 0.22
Sep 30, 2016 -0.14
Jun 30, 2016 -0.14
Mar 31, 2016 -0.14
Dec 31, 2015 0.20
Sep 30, 2015 0.00
Jun 30, 2015 -0.14
Mar 31, 2015 0.17
Dec 31, 2014 0.16
Sep 30, 2014 0.24
Jun 30, 2014 0.23
Mar 31, 2014 0.22
Dec 31, 2013 0.22
Sep 30, 2013 0.00
Jun 30, 2013 -0.03
Mar 31, 2013 -0.04
Dec 31, 2012 -0.05
Sep 30, 2012 0.00
Jun 30, 2012 -0.03
Mar 31, 2012 -0.02
Dec 31, 2011 -0.03
Sep 30, 2011 0.03
Jun 30, 2011 0.02
Mar 31, 2011 0.02
Dec 31, 2010 0.02
Sep 30, 2010 0.02
Jun 30, 2010 0.00
Dec 31, 2009 0.01