Delta Air Lines (DAL) Invested Capital (2009 - 2026)
Delta Air Lines (DAL) reported Invested Capital of $33.6 billion for Q1 2026, up 10.12% on a YoY basis from $30.5 billion in Q1 2025, and down 1.61% quarter-over-quarter from $34.2 billion in Q4 2025.
Delta Air Lines (DAL) Invested Capital (2009 - 2026) Analysis & Trends
Delta Air Lines has reported Invested Capital for 18 years, with the latest figure at $33.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 10.12% year-over-year to $33.6 billion; the trailing twelve-month figure through Mar 2026 stood at $33.6 billion (up 10.12% YoY), and the FY2025 full-year result was $34.2 billion, up 11.49% from the prior year.
- Invested Capital for Q1 2026 stood at $33.6 billion, down from $34.2 billion in the prior quarter.
- The five-year high for Invested Capital was $34.2 billion in Q4 2025, with the low at $26.1 billion in Q3 2022.
- Historically, Invested Capital has averaged $29.4 billion across 5 years, with a median of $29.3 billion in 2024.
- Annual changes were most pronounced in 2022 — Invested Capital declined 9.04% — and 2025, when it increased 11.49%.
- Delta Air Lines' Invested Capital stood at $28.0 billion in 2022, then increased by 6.27% to $29.7 billion in 2023, then grew by 3.11% to $30.6 billion in 2024, then increased by 11.49% to $34.2 billion in 2025, then slipped by 1.61% to $33.6 billion in 2026.
- The last three Invested Capital figures came in at $33.6 billion (Q1 2026), $34.2 billion (Q4 2025), and $33.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 13.23 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 33.61 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 7.38 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 4.76 Bn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 8.81 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 3.33 Bn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 394.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 10.25 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 2.89 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.61 Bn |
| Dec 31, 2025 | 34.16 Bn |
| Sep 30, 2025 | 33.00 Bn |
| Jun 30, 2025 | 31.82 Bn |
| Mar 31, 2025 | 30.52 Bn |
| Dec 31, 2024 | 30.64 Bn |
| Sep 30, 2024 | 30.23 Bn |
| Jun 30, 2024 | 29.17 Bn |
| Mar 31, 2024 | 29.28 Bn |
| Dec 31, 2023 | 29.72 Bn |
| Sep 30, 2023 | 27.25 Bn |
| Jun 30, 2023 | 26.74 Bn |
| Mar 31, 2023 | 26.58 Bn |
| Dec 31, 2022 | 27.96 Bn |
| Sep 30, 2022 | 26.11 Bn |
| Jun 30, 2022 | 26.88 Bn |
| Mar 31, 2022 | 26.76 Bn |
| Dec 31, 2021 | 28.97 Bn |
| Sep 30, 2021 | 28.71 Bn |
| Jun 30, 2021 | 28.55 Bn |