Delta Air Lines (DAL) Operating Leases (2018 - 2026)
Delta Air Lines (DAL) posted Operating Leases of $5.2 billion for Q2 2026, down 2.55% on a QoQ basis from $5.3 billion in Q1 2026, and down 5.77% year-over-year from $5.5 billion in Q2 2025.
Delta Air Lines (DAL) Operating Leases (2018 - 2026) Analysis & Trends
Delta Air Lines' Operating Leases history runs 9 years deep, the most recent figure standing at $5.2 billion for Q2 2026.
- Quarterly Operating Leases fell 5.77% year-over-year to $5.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.2 billion (down 5.77% YoY) and the FY2025 annual result came in at $5.4 billion, down 7.93% from the prior year.
- Operating Leases was $5.2 billion for Q2 2026 at Delta Air Lines, down from $5.3 billion in the prior quarter.
- Across five years, Operating Leases topped out at $8.7 billion in Q4 2023 and bottomed at $5.2 billion in Q2 2026.
- A 5-year average of $6.3 billion and a median of $6.1 billion in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases increased 29.29% — and 2024, when it slumped 32.95%.
- Delta Air Lines' Operating Leases stood at $6.9 billion in 2022, then rose by 26.29% to $8.7 billion in 2023, then slumped by 32.95% to $5.8 billion in 2024, then slipped by 7.93% to $5.4 billion in 2025, then declined by 3.55% to $5.2 billion in 2026.
- Business Quant data shows DAL's Operating Leases at $5.2 billion in Q2 2026, $5.3 billion in Q1 2026, and $5.4 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 30,864.70 Bn | 30,862.03 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 61.25 Bn | 58.06 Bn | - |
| 3 | Delta Air Lines | 56.88 Bn | 52.22 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 22.25 Bn | 18.46 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.96 Bn | 8.14 Bn | - |
| 6 | Copa Holdings | 5.70 Bn | 4.36 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn |
| 8 | Skywest | 4.34 Bn | 3.74 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.83 Bn | 925.91 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.16 Bn |
| Mar 31, 2026 | 5.30 Bn |
| Dec 31, 2025 | 5.35 Bn |
| Sep 30, 2025 | 5.36 Bn |
| Jun 30, 2025 | 5.48 Bn |
| Mar 31, 2025 | 5.70 Bn |
| Dec 31, 2024 | 5.81 Bn |
| Sep 30, 2024 | 5.92 Bn |
| Jun 30, 2024 | 6.05 Bn |
| Mar 31, 2024 | 6.20 Bn |
| Dec 31, 2023 | 8.67 Bn |
| Sep 30, 2023 | 6.56 Bn |
| Jun 30, 2023 | 6.65 Bn |
| Mar 31, 2023 | 6.88 Bn |
| Dec 31, 2022 | 6.87 Bn |
| Sep 30, 2022 | 6.87 Bn |
| Jun 30, 2022 | 7.01 Bn |
| Mar 31, 2022 | 7.20 Bn |
| Dec 31, 2021 | 7.06 Bn |
| Sep 30, 2021 | 5.74 Bn |