Delta Air Lines (DAL) Operating Leases (2018 - 2026)

Delta Air Lines (DAL) reported Operating Leases of $5.3 billion for Q1 2026, down 7.12% on a YoY basis from $5.7 billion in Q1 2025, and down 1.03% quarter-over-quarter from $5.4 billion in Q4 2025.

Delta Air Lines (DAL) Operating Leases (2018 - 2026) Analysis & Trends

Delta Air Lines has reported Operating Leases for 9 years, with the latest figure at $5.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 7.12% year-over-year to $5.3 billion; the trailing twelve-month figure through Mar 2026 stood at $5.3 billion (down 7.12% YoY), and the FY2025 full-year result was $5.4 billion, down 7.93% from the prior year.
  • Operating Leases for Q1 2026 stood at $5.3 billion, down from $5.4 billion in the prior quarter.
  • The five-year high for Operating Leases was $7.2 billion in Q1 2022, with the low at $5.3 billion in Q1 2026.
  • Historically, Operating Leases has averaged $6.2 billion across 5 years, with a median of $6.2 billion in 2024.
  • The largest YoY upside for Operating Leases was 29.29% in 2022 against a maximum downside of 28.44% in 2022.
  • Delta Air Lines' Operating Leases stood at $6.9 billion in 2022, then retreated by 5.8% to $6.5 billion in 2023, then declined by 10.11% to $5.8 billion in 2024, then retreated by 7.93% to $5.4 billion in 2025, then retreated by 1.03% to $5.3 billion in 2026.
  • The last three Operating Leases figures came in at $5.3 billion (Q1 2026), $5.4 billion (Q4 2025), and $5.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 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
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn

Historic Data

Download Data
DateValue
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 6.47 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 9.60 Bn
Sep 30, 2021 5.74 Bn
Jun 30, 2021 5.63 Bn