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% YoY from $5.5 billion in Q2 2025, and down 2.55% on a QoQ basis from $5.3 billion in Q1 2026.
Delta Air Lines (DAL) Operating Leases (2018 - 2026) Analysis & Trends
Delta Air Lines (DAL) has 9 years of Operating Leases data on file, last reported at $5.2 billion in 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 slipped to $5.2 billion in Q2 2026, from $5.3 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $8.7 billion in Q4 2023 to a low of $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 advanced 29.29% — and 2024, when it tumbled 32.95%.
- Tracing DAL's Operating Leases over 5 years: stood at $6.9 billion in 2022, then grew by 26.29% to $8.7 billion in 2023, then plunged by 32.95% to $5.8 billion in 2024, then retreated by 7.93% to $5.4 billion in 2025, then slipped by 3.55% to $5.2 billion in 2026.
- The last three Operating Leases figures came in at $5.2 billion (Q2 2026), $5.3 billion (Q1 2026), and $5.4 billion (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |