Delta Air Lines (DAL) Shares Outstanding (Entity) (2009 - 2026)
Delta Air Lines' Shares Outstanding (Entity) came in at 657.62 million for Q2 2026, up 0.7% from 652.95 million a year earlier and up 0.1% from the prior quarter.
Powered by 
Analysis
Delta Air Lines (DAL) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Delta Air Lines' Shares Outstanding (Entity) was 653.13 million, up 1.1% from FY2024.
- Shares Outstanding (Entity) has increased in each of the last five years, with a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Entity) was 645.96 million in FY2024 (+0.4%), 643.32 million in FY2023 (+0.3%), 641.24 million in FY2022 (+0.2%) and 639.93 million in FY2021 (+0.3%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Entity) since Q4 2018.
- Year-over-year, Shares Outstanding (Entity) has increased for 22 consecutive quarters, with growth averaging 0.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Entity) ranged from 0.2% (Q3 2022) to 1.2% (Q3 2025).
- Business Quant data shows DAL's Shares Outstanding (Entity) at 656.99 million (Q1 2026), 653.13 million (Q4 2025) and 652.96 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 593.96 Mn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.85 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 749.35 Mn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 879.08 Mn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 224.61 Mn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 236.58 Mn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 657.91 Mn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 207.47 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 324.58 Mn |
| 10 | Ryanair Holdings | 27.89 Bn | 11.53 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 657.91 Mn |
| Jun 30, 2026 | 657.62 Mn |
| Mar 31, 2026 | 656.99 Mn |
| Dec 31, 2025 | 653.13 Mn |
| Sep 30, 2025 | 652.96 Mn |
| Jun 30, 2025 | 652.95 Mn |
| Mar 31, 2025 | 652.96 Mn |
| Dec 31, 2024 | 645.96 Mn |
| Sep 30, 2024 | 645.28 Mn |
| Jun 30, 2024 | 645.42 Mn |
| Mar 31, 2024 | 645.31 Mn |
| Dec 31, 2023 | 643.32 Mn |
| Sep 30, 2023 | 643.46 Mn |
| Jun 30, 2023 | 643.42 Mn |
| Mar 31, 2023 | 642.72 Mn |
| Dec 31, 2022 | 641.24 Mn |
| Sep 30, 2022 | 641.19 Mn |
| Jun 30, 2022 | 641.20 Mn |
| Mar 31, 2022 | 641.08 Mn |
| Dec 31, 2021 | 639.93 Mn |
API Access
Delta Air Lines Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();