Delta Air Lines (DAL) Invested Capital (2009 - 2026)

Delta Air Lines (DAL) posted Invested Capital of $3.4 billion for Q2 2026, up 11.46% on a QoQ basis from $3.1 billion in Q1 2026, and up 55.05% year-over-year from $2.2 billion in Q2 2025.

Delta Air Lines (DAL) Invested Capital (2009 - 2026) Analysis & Trends

Delta Air Lines' Invested Capital history runs 18 years deep, the most recent figure standing at $3.4 billion for Q2 2026.

  • Quarterly Invested Capital rose 55.05% year-over-year to $3.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $10.2 billion (down 3.9% YoY) and the FY2025 annual result came in at $1.6 billion, down 26.21% from the prior year.
  • Invested Capital was $3.4 billion for Q2 2026 at Delta Air Lines, up from $3.1 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.4 billion in Q2 2026 and bottomed at $1.1 billion in Q1 2022.
  • A 5-year average of $2.4 billion and a median of $2.2 billion in 2024 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2022 — Invested Capital plunged 62.59% — and 2023, when it jumped 91.4%.
  • Delta Air Lines' Invested Capital stood at $2.4 billion in 2022, then rose by 26.45% to $3.0 billion in 2023, then fell by 27.09% to $2.2 billion in 2024, then retreated by 26.21% to $1.6 billion in 2025, then surged by 114.45% to $3.4 billion in 2026.
  • Business Quant data shows DAL's Invested Capital at $3.4 billion in Q2 2026, $3.1 billion in Q1 2026, and $1.6 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Latam Airlines 30,663.75 Bn 30,661.08 Bn 1.28 Mn -
2 Ryanair Holdings 62.20 Bn 59.00 Bn - -
3 Delta Air Lines 57.16 Bn 52.49 Bn 19.07 Bn 3.44 Bn
4 Southwest Airlines 22.66 Bn 18.87 Bn 7.33 Bn 2.16 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 9.07 Bn 8.24 Bn - -
6 Copa Holdings 5.82 Bn 4.48 Bn 713.71 Mn 1.98 Bn
7 Alaska Air 5.51 Bn 3.74 Bn 3.20 Bn 498.00 Mn
8 Skywest 4.30 Bn 3.70 Bn 1.01 Bn 656.71 Mn
9 Jetblue Airways 2.09 Bn 1.68 Bn 1.87 Bn 8.49 Bn
10 Allegiant Travel 1.87 Bn 965.51 Mn 651.87 Mn 15.52 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 3.44 Bn
Mar 31, 2026 3.09 Bn
Dec 31, 2025 1.61 Bn
Sep 30, 2025 2.11 Bn
Jun 30, 2025 2.22 Bn
Mar 31, 2025 2.94 Bn
Dec 31, 2024 2.18 Bn
Sep 30, 2024 3.32 Bn
Jun 30, 2024 2.95 Bn
Mar 31, 2024 2.81 Bn
Dec 31, 2023 2.98 Bn
Sep 30, 2023 1.98 Bn
Jun 30, 2023 2.07 Bn
Mar 31, 2023 2.14 Bn
Dec 31, 2022 2.36 Bn
Sep 30, 2022 2.03 Bn
Jun 30, 2022 1.94 Bn
Mar 31, 2022 1.12 Bn
Dec 31, 2021 1.78 Bn
Sep 30, 2021 2.30 Bn