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
DateValue
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