Delta Air Lines (DAL) Invested Capital (2009 - 2026)
Delta Air Lines posted quarterly Invested Capital of $33.6 billion for Q1 2026, up 10.12% year-on-year from $30.5 billion in Q1 2025, and down 1.61% on a QoQ basis from $34.2 billion in Q4 2025.
Delta Air Lines (DAL) has 18 years of Invested Capital data on file, last reported 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.
- Across five years, Invested Capital topped out at $34.2 billion in Q4 2025 and bottomed at $26.1 billion in Q3 2022.
- The 5-year median for Invested Capital is $29.3 billion (2024), against an average of $29.4 billion.
- The widest annual swing landed in 2022, when Invested Capital declined 9.04%; it then increased 11.49% in 2025.
- A 5-year view of Invested Capital shows it stood at $28.0 billion in 2022, then rose by 6.27% to $29.7 billion in 2023, then increased by 3.11% to $30.6 billion in 2024, then rose by 11.49% to $34.2 billion in 2025, then dropped 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 33.61 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 7.38 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 3.53 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 394.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 8.81 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 3.33 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 4.76 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 10.25 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 2.89 Bn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 810.00 Mn |
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 |
| Mar 31, 2021 | 27.96 Bn |
| Dec 31, 2020 | 29.51 Bn |
| Sep 30, 2020 | 3.36 Bn |
| Jun 30, 2020 | 8.69 Bn |
| Mar 31, 2020 | 14.31 Bn |
| Dec 31, 2019 | 25.46 Bn |
| Sep 30, 2019 | 24.09 Bn |
| Jun 30, 2019 | 23.25 Bn |
| Mar 31, 2019 | 23.30 Bn |
| Dec 31, 2018 | 23.06 Bn |
| Sep 30, 2018 | 22.37 Bn |
| Jun 30, 2018 | 22.15 Bn |
| Mar 31, 2018 | 14.61 Bn |
| Dec 31, 2017 | 20.97 Bn |
| Sep 30, 2017 | -6.37 Bn |
| Jun 30, 2017 | 1.19 Bn |
| Mar 31, 2017 | -6.53 Bn |
| Dec 31, 2016 | 18.29 Bn |
| Sep 30, 2016 | -6.49 Bn |
| Jun 30, 2016 | -6.39 Bn |
| Mar 31, 2016 | -5.79 Bn |
| Dec 31, 2015 | 18.80 Bn |
| Sep 30, 2015 | 2.13 Bn |
| Jun 30, 2015 | -5.78 Bn |
| Mar 31, 2015 | 11.56 Bn |
| Dec 31, 2014 | 18.08 Bn |
| Sep 30, 2014 | 13.47 Bn |
| Jun 30, 2014 | 13.44 Bn |
| Mar 31, 2014 | 13.22 Bn |
| Dec 31, 2013 | 22.49 Bn |
| Sep 30, 2013 | 1.96 Bn |
| Jun 30, 2013 | 511.00 Mn |
| Mar 31, 2013 | -350.00 Mn |
| Dec 31, 2012 | 9.98 Bn |
| Sep 30, 2012 | 1.50 Bn |
| Jun 30, 2012 | 11.18 Bn |
| Mar 31, 2012 | 11.66 Bn |
| Dec 31, 2011 | 11.66 Bn |
| Sep 30, 2011 | 14.97 Bn |
| Jun 30, 2011 | 14.68 Bn |
| Mar 31, 2011 | 13.82 Bn |
| Dec 31, 2010 | 15.40 Bn |
| Sep 30, 2010 | 3.02 Bn |
| Jun 30, 2010 | 1.75 Bn |
| Dec 31, 2009 | 1.78 Bn |