Delta Air Lines (DAL) EV to FCF (2009 - 2026)
Delta Air Lines' (DAL) quarterly EV to FCF came in at 23.91 in Q2 2026, down 46.17% on a YoY basis from 44.42 in Q2 2025, and down 23.74% quarter-over-quarter from 31.35 in Q1 2026.
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Delta Air Lines (DAL) EV to FCF (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has reported EV to FCF for 18 consecutive years, with 23.91 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 46.17% year-over-year to 23.91; the trailing twelve-month figure through Jun 2026 stood at 10.07 (down 18.4% YoY), and the FY2025 full-year result was 10.67, down 14.49% from the prior year.
- EV to FCF declined to 23.91 in Q2 2026 per DAL's latest filing, from 31.35 in the prior quarter.
- Across five years, EV to FCF topped out at 61.66 in Q4 2024 and bottomed at 533.27 in Q3 2024.
- Historically, EV to FCF has averaged 8.29 across 5 years, with a median of 22.44 in 2024.
- The widest YoY moves for EV to FCF: up 1113.22% in 2024, down 1983.33% in 2024.
- Over 5 years, EV to FCF stood at 3.76 in 2022, then sank by 61.77% to 6.09 in 2023, then surged by 1113.22% to 61.66 in 2024, then plunged by 50.84% to 30.32 in 2025, then declined by 21.13% to 23.91 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 23.91, 31.35, and 30.32 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 | 23.91 |
| Mar 31, 2026 | 31.35 |
| Dec 31, 2025 | 30.32 |
| Sep 30, 2025 | 48.42 |
| Jun 30, 2025 | 44.42 |
| Mar 31, 2025 | 21.45 |
| Dec 31, 2024 | 61.66 |
| Sep 30, 2024 | -533.27 |
| Jun 30, 2024 | 23.12 |
| Mar 31, 2024 | 21.75 |
| Dec 31, 2023 | -6.09 |
| Sep 30, 2023 | 28.32 |
| Jun 30, 2023 | 11.00 |
| Mar 31, 2023 | 8.49 |
| Dec 31, 2022 | -3.76 |
| Sep 30, 2022 | 24.06 |
| Jun 30, 2022 | 3.58 |
| Mar 31, 2022 | 12.03 |
| Dec 31, 2021 | -8.43 |
| Sep 30, 2021 | -57.42 |