Delta Air Lines (DAL) Free Cash Flow (2009 - 2026)
Delta Air Lines posted quarterly Free Cash Flow of $1.4 billion for Q1 2026, up 24.09% year-on-year from $1.2 billion in Q1 2025, and down 13.26% on a QoQ basis from $1.7 billion in Q4 2025.
Delta Air Lines (DAL) has 18 years of Free Cash Flow data on file, last reported 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.
- Across five years, Free Cash Flow topped out at $2.2 billion in Q2 2023 and bottomed at -$2.2 billion in Q4 2023.
- The 5-year median for Free Cash Flow is $1.1 billion (2022), against an average of $727.8 million.
- The widest annual swing landed in 2022, when Free Cash Flow surged 2153.57%; it then slumped 451.51% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $631.0 million in 2022, then plunged by 451.51% to -$2.2 billion in 2023, then soared by 48.87% to -$1.1 billion in 2024, then soared by 245.59% to $1.7 billion in 2025, then dropped 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 1.43 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 788.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 201.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 251.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 391.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 130.43 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | -949.97 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -6.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 222.64 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 28.00 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 |
| Sep 30, 2023 | -736.00 Mn |
| Sep 30, 2023 | -736.00 Mn |
| Jun 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 1.87 Bn |
| Mar 31, 2023 | 1.87 Bn |
| Dec 31, 2022 | 631.00 Mn |
| Dec 31, 2022 | 631.00 Mn |
| Sep 30, 2022 | 1.43 Bn |
| Sep 30, 2022 | 1.43 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | 28.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Sep 30, 2021 | -245.00 Mn |
| Sep 30, 2021 | -245.00 Mn |
| Jun 30, 2021 | 1.50 Bn |
| Jun 30, 2021 | 1.50 Bn |
| Mar 31, 2021 | 385.00 Mn |
| Mar 31, 2021 | 385.00 Mn |
| Dec 31, 2020 | -1.59 Bn |
| Dec 31, 2020 | -1.59 Bn |
| Sep 30, 2020 | -2.51 Bn |
| Sep 30, 2020 | -2.51 Bn |
| Jun 30, 2020 | -641.00 Mn |
| Jun 30, 2020 | -641.00 Mn |
| Mar 31, 2020 | 50.00 Mn |
| Mar 31, 2020 | 50.00 Mn |
| Dec 31, 2019 | -1.19 Bn |
| Dec 31, 2019 | -1.19 Bn |
| Sep 30, 2019 | 1.70 Bn |
| Sep 30, 2019 | 1.70 Bn |
| Jun 30, 2019 | 2.10 Bn |
| Jun 30, 2019 | 2.10 Bn |
| Mar 31, 2019 | 883.00 Mn |
| Mar 31, 2019 | 883.00 Mn |
| Dec 31, 2018 | 374.00 Mn |
| Dec 31, 2018 | 374.00 Mn |
| Sep 30, 2018 | -754.00 Mn |
| Sep 30, 2018 | -754.00 Mn |
| Jun 30, 2018 | 2.59 Bn |
| Jun 30, 2018 | 2.59 Bn |
| Mar 31, 2018 | 1.10 Bn |
| Mar 31, 2018 | 1.10 Bn |
| Dec 31, 2017 | 1.53 Bn |
| Dec 31, 2017 | 1.53 Bn |
| Sep 30, 2017 | 2.06 Bn |
| Sep 30, 2017 | 2.06 Bn |
| Jun 30, 2017 | 1.28 Bn |
| Jun 30, 2017 | 1.28 Bn |
| Mar 31, 2017 | -1.04 Bn |
| Mar 31, 2017 | -1.04 Bn |
| Dec 31, 2016 | 809.00 Mn |
| Dec 31, 2016 | 809.00 Mn |
| Sep 30, 2016 | 1.68 Bn |
| Sep 30, 2016 | 1.68 Bn |
| Jun 30, 2016 | 3.71 Bn |
| Jun 30, 2016 | 3.71 Bn |
| Mar 31, 2016 | 247.00 Mn |
| Mar 31, 2016 | 247.00 Mn |
| Dec 31, 2015 | -982.00 Mn |
| Dec 31, 2015 | -982.00 Mn |
| Sep 30, 2015 | 2.76 Bn |
| Sep 30, 2015 | 2.76 Bn |
| Jun 30, 2015 | 1.70 Bn |
| Jun 30, 2015 | 1.70 Bn |
| Mar 31, 2015 | 1.50 Bn |
| Mar 31, 2015 | 1.50 Bn |
| Dec 31, 2014 | 1.17 Bn |
| Dec 31, 2014 | 1.17 Bn |
| Sep 30, 2014 | 454.00 Mn |
| Sep 30, 2014 | 454.00 Mn |
| Jun 30, 2014 | 1.88 Bn |
| Jun 30, 2014 | 1.88 Bn |
| Mar 31, 2014 | 851.00 Mn |
| Mar 31, 2014 | 851.00 Mn |
| Dec 31, 2013 | 290.00 Mn |
| Dec 31, 2013 | 290.00 Mn |
| Sep 30, 2013 | 105.00 Mn |
| Sep 30, 2013 | 105.00 Mn |
| Jun 30, 2013 | 1.52 Bn |
| Jun 30, 2013 | 1.52 Bn |
| Mar 31, 2013 | 477.00 Mn |
| Mar 31, 2013 | 477.00 Mn |
| Dec 31, 2012 | -101.00 Mn |
| Dec 31, 2012 | -101.00 Mn |
| Sep 30, 2012 | 527.00 Mn |
| Sep 30, 2012 | 527.00 Mn |
| Jun 30, 2012 | 331.00 Mn |
| Jun 30, 2012 | 331.00 Mn |
| Mar 31, 2012 | 523.00 Mn |
| Mar 31, 2012 | 523.00 Mn |
| Dec 31, 2011 | 461.00 Mn |
| Dec 31, 2011 | 461.00 Mn |
| Sep 30, 2011 | 173.00 Mn |
| Sep 30, 2011 | 173.00 Mn |
| Jun 30, 2011 | 439.00 Mn |
| Jun 30, 2011 | 439.00 Mn |
| Mar 31, 2011 | 854.00 Mn |
| Mar 31, 2011 | 854.00 Mn |
| Dec 31, 2010 | 784.00 Mn |
| Dec 31, 2010 | 784.00 Mn |
| Sep 30, 2010 | -164.00 Mn |
| Sep 30, 2010 | -164.00 Mn |
| Jun 30, 2010 | 1.00 Bn |
| Jun 30, 2010 | 1.00 Bn |
| Mar 31, 2010 | 924.00 Mn |
| Mar 31, 2010 | 924.00 Mn |
| Dec 31, 2009 | -839.00 Mn |
| Dec 31, 2009 | -839.00 Mn |
| Sep 30, 2009 | -97.00 Mn |
| Sep 30, 2009 | -97.00 Mn |