Delta Air Lines (DAL) Retained Earnings (2009 - 2026)
Delta Air Lines (DAL) reported Retained Earnings of $14.27 billion for Q2 2026, up 31.7% from $10.83 billion a year earlier and up 10.3% from the prior quarter.
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Analysis
Delta Air Lines (DAL) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Delta Air Lines posted Retained Earnings of $13.34 billion, up 51.9% from FY2024.
- Retained Earnings has increased for three consecutive years.
- By year, Retained Earnings came in at $8.78 billion in FY2024 (+55.5%), $5.65 billion in FY2023 (+382.9%), $1.17 billion in FY2022 and -$148 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Retained Earnings in data going back to Q4 2009.
- Year over year, Retained Earnings has now increased in each of the last 12 quarters, with growth averaging 59.4% over the last eight quarters.
- The high point for year-over-year Retained Earnings in five years was Q3 2023 (growth of 956.4%); the low point was Q3 2021 (a decline of 20.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $12.93 billion (Q1 2026), $13.34 billion (Q4 2025) and $12.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 71.58 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 11.35 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 14.26 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 18.83 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 13.91 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 44.46 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 14.27 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 4.29 Bn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 8.31 Bn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 7.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.27 Bn |
| Mar 31, 2026 | 12.93 Bn |
| Dec 31, 2025 | 13.34 Bn |
| Sep 30, 2025 | 12.13 Bn |
| Jun 30, 2025 | 10.83 Bn |
| Mar 31, 2025 | 8.93 Bn |
| Dec 31, 2024 | 8.78 Bn |
| Sep 30, 2024 | 7.94 Bn |
| Jun 30, 2024 | 6.77 Bn |
| Mar 31, 2024 | 5.62 Bn |
| Dec 31, 2023 | 5.65 Bn |
| Sep 30, 2023 | 3.61 Bn |
| Jun 30, 2023 | 2.57 Bn |
| Mar 31, 2023 | 807.00 Mn |
| Dec 31, 2022 | 1.17 Bn |
| Sep 30, 2022 | 342.00 Mn |
| Jun 30, 2022 | -353.00 Mn |
| Mar 31, 2022 | -1.09 Bn |
| Dec 31, 2021 | -148.00 Mn |
| Sep 30, 2021 | 259.00 Mn |
API Access
Delta Air Lines Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();