Delta Air Lines (DAL) EV to CFO (2010 - 2026)
Delta Air Lines' EV to CFO came in at 6.39 for Q3 2026, up 53.2% from 4.17 a year earlier but down 8.7% from the prior quarter.
Delta Air Lines (DAL) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Delta Air Lines reported EV to CFO of 4.64, up 59.7% year-over-year; for FY2025, it came in at 4.92, up 9.6% from FY2024.
- EV to CFO has increased in each of the last three years.
- Going back by year, EV to CFO was 4.49 in FY2024 (+31.8%), 3.41 in FY2023 (+49.1%), 2.28 in FY2022 (-45.5%) and 4.19 in FY2021.
- The five-year range for quarterly EV to CFO is 1.56 (Q2 2022) to 7.00 (Q2 2026).
- Year-over-year, EV to CFO has increased for four consecutive quarters, with growth averaging 24.1% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2023 (growth of 128.2%), and the weakest in Q3 2022 (a decline of 83.0%).
- Business Quant data shows DAL's EV to CFO at 7.00 (Q2 2026), 4.60 (Q1 2026) and 4.92 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - |
| 10 | Ryanair Holdings | 27.69 Bn | 11.34 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.39 |
| Jun 30, 2026 | 7.00 |
| Mar 31, 2026 | 4.60 |
| Dec 31, 2025 | 4.92 |
| Sep 30, 2025 | 4.17 |
| Jun 30, 2025 | 3.89 |
| Mar 31, 2025 | 3.10 |
| Dec 31, 2024 | 4.49 |
| Sep 30, 2024 | 4.31 |
| Jun 30, 2024 | 4.07 |
| Mar 31, 2024 | 3.98 |
| Dec 31, 2023 | 3.41 |
| Sep 30, 2023 | 2.64 |
| Jun 30, 2023 | 3.55 |
| Mar 31, 2023 | 2.32 |
| Dec 31, 2022 | 2.28 |
| Sep 30, 2022 | 1.68 |
| Jun 30, 2022 | 1.56 |
| Mar 31, 2022 | 3.55 |
| Dec 31, 2021 | 4.19 |
Delta Air Lines EV to CFO 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=ev-to-cfo&ticker=DAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();