Delta Air Lines (DAL) Retained Earnings (2009 - 2026)
Delta Air Lines (DAL) reported Retained Earnings of $14.88 billion for Q3 2026, up 22.7% from $12.13 billion a year earlier and up 4.3% 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 Q3 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 13 quarters, with growth averaging 47.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Retained Earnings ranged from 22.7% (Q3 2026) to 956.4% (Q3 2023).
- Per Business Quant data, the three quarters before Q3 2026 came in at $14.27 billion (Q2 2026), $12.93 billion (Q1 2026) and $13.34 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.23 Bn | 165.76 Bn | - | 71.58 Bn |
| 2 | Csx | 89.85 Bn | 86.05 Bn | - | 11.35 Bn |
| 3 | United Parcel Service | 85.26 Bn | 62.16 Bn | - | 18.83 Bn |
| 4 | Canadian Pacific Kansas City | 78.22 Bn | 77.24 Bn | - | 13.88 Bn |
| 5 | Norfolk Southern | 73.47 Bn | 68.11 Bn | - | 13.91 Bn |
| 6 | Fedex | 70.95 Bn | 36.90 Bn | - | 44.46 Bn |
| 7 | Delta Air Lines | 51.78 Bn | 33.97 Bn | - | 14.88 Bn |
| 8 | Old Dominion Freight Line | 39.33 Bn | 38.59 Bn | - | 4.29 Bn |
| 9 | United Airlines Holdings | 33.90 Bn | -22.47 Bn | - | 11.54 Bn |
| 10 | Ryanair Holdings | 28.79 Bn | 12.44 Bn | - | 8.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.88 Bn |
| 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 |
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();