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
DateValue
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