KPIs & Operating Metrics(New)
Growth Metrics

Delta Air Lines (DAL) Rent Expense (2009 - 2026)

Delta Air Lines posted quarterly Rent Expense of $913.0 million for Q1 2026, up 7.29% year-on-year from $851.0 million in Q1 2025, and little changed on a QoQ basis from $914.0 million in Q4 2025.

Delta Air Lines (DAL) has 18 years of Rent Expense data on file, last reported at $913.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Rent Expense rose 7.29% year-over-year to $913.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.6 billion (up 11.5% YoY), and the FY2025 full-year result was $3.6 billion, up 13.14% from the prior year.
  • Rent Expense for Q1 2026 stood at $913.0 million, roughly flat from $914.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $921.0 million in Q3 2025 and bottomed at $504.0 million in Q1 2022.
  • The 5-year median for Rent Expense is $748.0 million (2024), against an average of $727.7 million.
  • The widest annual swing landed in 2022, when Rent Expense increased 2.23%; it then advanced 28.08% in 2024.
  • A 5-year view of Rent Expense shows it stood at $570.0 million in 2022, then advanced by 19.82% to $683.0 million in 2023, then climbed by 17.57% to $803.0 million in 2024, then grew by 13.82% to $914.0 million in 2025, then fell by 0.11% to $913.0 million in 2026.
  • The last three Rent Expense figures came in at $913.0 million (Q1 2026), $914.0 million (Q4 2025), and $921.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 913.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 572.00 Mn
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 291.00 Mn
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 169.00 Mn
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 192.00 Mn

Historic Data

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DateValue
Mar 31, 2026 913.00 Mn
Mar 31, 2026 913.00 Mn
Dec 31, 2025 914.00 Mn
Dec 31, 2025 914.00 Mn
Sep 30, 2025 921.00 Mn
Sep 30, 2025 921.00 Mn
Jun 30, 2025 878.00 Mn
Jun 30, 2025 878.00 Mn
Mar 31, 2025 851.00 Mn
Mar 31, 2025 851.00 Mn
Dec 31, 2024 803.00 Mn
Dec 31, 2024 803.00 Mn
Sep 30, 2024 832.00 Mn
Sep 30, 2024 832.00 Mn
Jun 30, 2024 766.00 Mn
Jun 30, 2024 766.00 Mn
Mar 31, 2024 748.00 Mn
Mar 31, 2024 748.00 Mn
Dec 31, 2023 683.00 Mn
Dec 31, 2023 683.00 Mn
Sep 30, 2023 679.00 Mn
Sep 30, 2023 679.00 Mn
Jun 30, 2023 617.00 Mn
Jun 30, 2023 617.00 Mn
Mar 31, 2023 584.00 Mn
Mar 31, 2023 584.00 Mn
Dec 31, 2022 570.00 Mn
Dec 31, 2022 570.00 Mn
Sep 30, 2022 562.00 Mn
Sep 30, 2022 562.00 Mn
Jun 30, 2022 546.00 Mn
Jun 30, 2022 546.00 Mn
Mar 31, 2022 504.00 Mn
Mar 31, 2022 504.00 Mn
Dec 31, 2021 542.00 Mn
Dec 31, 2021 542.00 Mn
Sep 30, 2021 524.00 Mn
Sep 30, 2021 524.00 Mn
Jun 30, 2021 460.00 Mn
Jun 30, 2021 460.00 Mn
Mar 31, 2021 493.00 Mn
Mar 31, 2021 493.00 Mn
Dec 31, 2020 403.00 Mn
Dec 31, 2020 403.00 Mn
Sep 30, 2020 458.00 Mn
Sep 30, 2020 458.00 Mn
Jun 30, 2020 422.00 Mn
Jun 30, 2020 422.00 Mn
Mar 31, 2020 550.00 Mn
Mar 31, 2020 550.00 Mn
Dec 31, 2019 855.00 Mn
Dec 31, 2019 855.00 Mn
Sep 30, 2019 460.00 Mn
Sep 30, 2019 460.00 Mn
Jun 30, 2019 442.00 Mn
Jun 30, 2019 442.00 Mn
Mar 31, 2019 419.00 Mn
Mar 31, 2019 419.00 Mn
Dec 31, 2018 408.00 Mn
Dec 31, 2018 408.00 Mn
Sep 30, 2018 439.00 Mn
Sep 30, 2018 439.00 Mn
Jun 30, 2018 425.00 Mn
Jun 30, 2018 425.00 Mn
Mar 31, 2018 389.00 Mn
Mar 31, 2018 389.00 Mn
Dec 31, 2017 375.00 Mn
Dec 31, 2017 375.00 Mn
Sep 30, 2017 392.00 Mn
Sep 30, 2017 392.00 Mn
Jun 30, 2017 373.00 Mn
Jun 30, 2017 373.00 Mn
Mar 31, 2017 361.00 Mn
Mar 31, 2017 361.00 Mn
Dec 31, 2016 349.00 Mn
Dec 31, 2016 349.00 Mn
Sep 30, 2016 399.00 Mn
Sep 30, 2016 399.00 Mn
Jun 30, 2016 376.00 Mn
Jun 30, 2016 376.00 Mn
Mar 31, 2016 348.00 Mn
Mar 31, 2016 348.00 Mn
Dec 31, 2015 329.00 Mn
Dec 31, 2015 329.00 Mn
Sep 30, 2015 403.00 Mn
Sep 30, 2015 403.00 Mn
Jun 30, 2015 388.00 Mn
Jun 30, 2015 388.00 Mn
Mar 31, 2015 373.00 Mn
Mar 31, 2015 373.00 Mn
Dec 31, 2014 353.00 Mn
Dec 31, 2014 353.00 Mn
Sep 30, 2014 393.00 Mn
Sep 30, 2014 393.00 Mn
Jun 30, 2014 355.00 Mn
Jun 30, 2014 355.00 Mn
Mar 31, 2014 341.00 Mn
Mar 31, 2014 341.00 Mn
Dec 31, 2013 350.00 Mn
Dec 31, 2013 350.00 Mn
Sep 30, 2013 378.00 Mn
Sep 30, 2013 378.00 Mn
Jun 30, 2013 359.00 Mn
Jun 30, 2013 359.00 Mn
Mar 31, 2013 323.00 Mn
Mar 31, 2013 323.00 Mn
Dec 31, 2012 324.00 Mn
Dec 31, 2012 324.00 Mn
Sep 30, 2012 360.00 Mn
Sep 30, 2012 360.00 Mn
Jun 30, 2012 347.00 Mn
Jun 30, 2012 347.00 Mn
Mar 31, 2012 305.00 Mn
Mar 31, 2012 305.00 Mn
Dec 31, 2011 306.00 Mn
Dec 31, 2011 306.00 Mn
Sep 30, 2011 342.00 Mn
Sep 30, 2011 342.00 Mn
Jun 30, 2011 320.00 Mn
Jun 30, 2011 320.00 Mn
Mar 31, 2011 313.00 Mn
Mar 31, 2011 313.00 Mn
Dec 31, 2010 313.00 Mn
Dec 31, 2010 313.00 Mn
Sep 30, 2010 331.00 Mn
Sep 30, 2010 331.00 Mn
Jun 30, 2010 324.00 Mn
Jun 30, 2010 324.00 Mn
Mar 31, 2010 313.00 Mn
Mar 31, 2010 313.00 Mn
Dec 31, 2009 318.00 Mn
Dec 31, 2009 318.00 Mn
Sep 30, 2009 340.00 Mn
Sep 30, 2009 340.00 Mn
Jun 30, 2009 315.00 Mn
Jun 30, 2009 315.00 Mn