KPIs & Operating Metrics(New)
Growth Metrics

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

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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
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