Delta Air Lines (DAL) EV to CFO (2009 - 2026)
Delta Air Lines' (DAL) quarterly EV to CFO came in at 35.69 in Q2 2026, up 130.29% on a YoY basis from 15.5 in Q2 2025, and up 124.74% quarter-over-quarter from 15.88 in Q1 2026.
Analysis
Delta Air Lines (DAL) EV to CFO (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has reported EV to CFO for 18 consecutive years, with 35.69 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO rose 130.29% year-over-year to 35.69; the trailing twelve-month figure through Jun 2026 stood at 7.0 (up 80.02% YoY), and the FY2025 full-year result was 4.92, up 9.57% from the prior year.
- EV to CFO advanced to 35.69 in Q2 2026 per DAL's latest filing, from 15.88 in the prior quarter.
- Across five years, EV to CFO topped out at 40.39 in Q4 2023 and bottomed at 3.08 in Q2 2022.
- Historically, EV to CFO has averaged 15.91 across 5 years, with a median of 13.87 in 2022.
- The sharpest annual moves came in 2022 and 2023: EV to CFO sank 88.11% in 2022, then surged 230.08% in 2023.
- Over 5 years, EV to CFO stood at 12.24 in 2022, then soared by 230.08% to 40.39 in 2023, then sank by 52.93% to 19.01 in 2024, then declined by 4.55% to 18.15 in 2025, then soared by 96.66% to 35.69 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 35.69, 15.88, and 18.15 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.69 |
| Mar 31, 2026 | 15.88 |
| Dec 31, 2025 | 18.15 |
| Sep 30, 2025 | 18.01 |
| Jun 30, 2025 | 15.50 |
| Mar 31, 2025 | 10.41 |
| Dec 31, 2024 | 19.01 |
| Sep 30, 2024 | 22.60 |
| Jun 30, 2024 | 10.77 |
| Mar 31, 2024 | 10.97 |
| Dec 31, 2023 | 40.39 |
| Sep 30, 2023 | 17.45 |
| Jun 30, 2023 | 9.40 |
| Mar 31, 2023 | 7.08 |
| Dec 31, 2022 | 12.24 |
| Sep 30, 2022 | 11.07 |
| Jun 30, 2022 | 3.08 |
| Mar 31, 2022 | 8.70 |
| Dec 31, 2021 | 24.62 |
| Sep 30, 2021 | 93.17 |