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| Date | Value |
|---|---|
| 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 |