Delta Air Lines (DAL) Free Cash Flow (2009 - 2026)
Delta Air Lines (DAL) reported Free Cash Flow of $1.4 billion for Q1 2026, up 24.09% on a YoY basis from $1.2 billion in Q1 2025, and down 13.26% quarter-over-quarter from $1.7 billion in Q4 2025.
Delta Air Lines (DAL) Free Cash Flow (2009 - 2026) Analysis & Trends
Delta Air Lines has reported Free Cash Flow for 18 years, with the latest figure at $1.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 24.09% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $4.4 billion (up 299.1% YoY), and the FY2025 full-year result was $4.8 billion, up 17.27% from the prior year.
- Free Cash Flow for Q1 2026 stood at $1.4 billion, down from $1.7 billion in the prior quarter.
- The five-year high for Free Cash Flow was $2.2 billion in Q2 2023, with the low at -$2.2 billion in Q4 2023.
- Historically, Free Cash Flow has averaged $727.8 million across 5 years, with a median of $1.1 billion in 2022.
- Annual changes were most pronounced in 2022 — Free Cash Flow surged 2153.57% — and 2023, when it plunged 451.51%.
- Delta Air Lines' Free Cash Flow stood at $631.0 million in 2022, then sank by 451.51% to -$2.2 billion in 2023, then surged by 48.87% to -$1.1 billion in 2024, then surged by 245.59% to $1.7 billion in 2025, then slipped by 13.26% to $1.4 billion in 2026.
- The last three Free Cash Flow figures came in at $1.4 billion (Q1 2026), $1.7 billion (Q4 2025), and $687.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 1.43 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 201.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 788.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -949.97 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 391.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 130.43 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 251.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -6.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 222.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 687.00 Mn |
| Sep 30, 2025 | 687.00 Mn |
| Jun 30, 2025 | 648.00 Mn |
| Jun 30, 2025 | 648.00 Mn |
| Mar 31, 2025 | 1.15 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | -1.13 Bn |
| Dec 31, 2024 | -1.13 Bn |
| Sep 30, 2024 | -54.00 Mn |
| Sep 30, 2024 | -54.00 Mn |
| Jun 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | -2.22 Bn |
| Dec 31, 2023 | -2.22 Bn |