Delta Air Lines DAL
NYSE DAL
$78.80 -0.16 (-0.20%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Delta Air Lines' (DAL) quarterly Operating Leases came in at $5.2 billion in Q2 2026, down 5.77% on a YoY basis from $5.5 billion in Q2 2025, and down 2.55% quarter-over-quarter from $5.3 billion in Q1 2026.

Analysis

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

Delta Air Lines (DAL) has reported Operating Leases for 9 consecutive years, with $5.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases fell 5.77% year-over-year to $5.2 billion; the trailing twelve-month figure through Jun 2026 stood at $5.2 billion (down 5.77% YoY), and the FY2025 full-year result was $5.4 billion, down 27.9% from the prior year.
  • Operating Leases fell to $5.2 billion in Q2 2026 per DAL's latest filing, from $5.3 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $9.2 billion in Q4 2022 and bottomed at $5.2 billion in Q2 2026.
  • Historically, Operating Leases has averaged $6.5 billion across 5 years, with a median of $6.4 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases climbed 29.29% in 2022, then decreased 27.9% in 2025.
  • Over 5 years, Operating Leases stood at $9.2 billion in 2022, then retreated by 6.05% to $8.7 billion in 2023, then fell by 14.38% to $7.4 billion in 2024, then slipped by 27.9% to $5.4 billion in 2025, then declined by 3.55% to $5.2 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $5.2 billion, $5.3 billion, and $5.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Delta Air Lines 51.66 Bn 46.99 Bn 19.07 Bn
2 Ryanair Holdings 28.60 Bn 24.67 Bn -
3 Southwest Airlines 18.92 Bn 15.13 Bn 7.33 Bn
4 Copa Holdings 5.36 Bn 4.10 Bn 1.03 Bn
5 Alaska Air 4.49 Bn 1.83 Bn 3.76 Bn
6 Skywest 3.79 Bn 3.19 Bn 1.01 Bn
7 Grupo Aeromexico, S.A.B. de C.V 2.29 Bn 1.25 Bn -
8 Allegiant Travel 1.75 Bn 699.04 Mn 902.77 Mn
9 Jetblue Airways 1.64 Bn -375.44 Mn 2.32 Bn
10 Frontier Group Holdings 1.30 Bn 347.83 Mn -
Historic Data

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 7.42 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 9.23 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