Delta Air Lines (DAL) Operating Leases (2018 - 2026)
Delta Air Lines posted quarterly Operating Leases of $5.3 billion for Q1 2026, down 7.12% year-on-year from $5.7 billion in Q1 2025, and down 1.03% on a QoQ basis from $5.4 billion in Q4 2025.
Delta Air Lines (DAL) has 9 years of Operating Leases data on file, last reported 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.
- Across five years, Operating Leases topped out at $7.2 billion in Q1 2022 and bottomed at $5.3 billion in Q1 2026.
- The 5-year median for Operating Leases is $6.2 billion (2024), against an average of $6.2 billion.
- Peak annual rise in Operating Leases reached 29.29% in 2022, while the deepest fall reached 28.44% in 2022.
- A 5-year view of Operating Leases shows it stood at $6.9 billion in 2022, then decreased by 5.8% to $6.5 billion in 2023, then fell by 10.11% to $5.8 billion in 2024, then decreased by 7.93% to $5.4 billion in 2025, then decreased 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 5.57 Bn |
| Dec 31, 2020 | 7.57 Bn |
| Sep 30, 2020 | 5.86 Bn |
| Jun 30, 2020 | 5.37 Bn |
| Mar 31, 2020 | 5.20 Bn |
| Dec 31, 2019 | 7.15 Bn |
| Sep 30, 2019 | 5.44 Bn |
| Jun 30, 2019 | 5.54 Bn |
| Mar 31, 2019 | 5.81 Bn |
| Dec 31, 2018 | 7.16 Bn |