Delta Air Lines (DAL) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Delta Air Lines (DAL) reported Non-Current Debt of $9.53 billion for Q3 2026, down 25.4% from $12.77 billion a year earlier and down 9.4% from the prior quarter.
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Analysis
Delta Air Lines (DAL) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Delta Air Lines posted Non-Current Debt of $12.51 billion, down 10.8% from FY2024.
- Non-Current Debt has declined for five consecutive years, with a five-year compound annual growth rate of -14.5% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $14.02 billion in FY2024 (-17.9%), $17.07 billion in FY2023 (-17.4%), $20.67 billion in FY2022 (-17.8%) and $25.14 billion in FY2021 (-8.3%).
- The Q3 2026 figure ranks as the lowest quarterly Non-Current Debt since Q4 2019.
- Year over year, Non-Current Debt has now declined in each of the last 21 quarters, with an average decline of 16.8% over the last eight quarters.
- The year-over-year decline in Non-Current Debt has ranged between 6.2% (Q1 2022) and 25.4% (Q3 2026) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at $10.51 billion (Q2 2026), $11.08 billion (Q1 2026) and $12.51 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | -13.00 Mn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | -1.00 Mn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 822.00 Mn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | -4.29 Mn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | -735.00 Mn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | -11.00 Mn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | -1.23 Bn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | -135.00 Mn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | - |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.23 Bn |
| Jun 30, 2026 | -536.00 Mn |
| Mar 31, 2026 | -1.56 Bn |
| Dec 31, 2025 | -896.00 Mn |
| Sep 30, 2025 | -242.00 Mn |
| Jun 30, 2025 | -2.94 Bn |
| Mar 31, 2025 | -531.00 Mn |
| Dec 31, 2024 | -1.54 Bn |
| Sep 30, 2024 | -262.00 Mn |
| Jun 30, 2024 | -1.44 Bn |
| Mar 31, 2024 | -712.00 Mn |
| Dec 31, 2023 | -361.00 Mn |
| Sep 30, 2023 | -724.00 Mn |
| Jun 30, 2023 | -1.82 Bn |
| Mar 31, 2023 | -1.17 Bn |
| Dec 31, 2022 | -285.00 Mn |
| Sep 30, 2022 | -1.80 Bn |
| Jun 30, 2022 | -952.00 Mn |
| Mar 31, 2022 | -1.44 Bn |
| Dec 31, 2021 | -1.15 Bn |
API Access
Delta Air Lines Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();