Delta Air Lines (DAL) Short-term Investments (2009 - 2024)
Delta Air Lines' Short-term Investments came in at $8 million for Q3 2024, down 99.6% from $2.2 billion a year earlier and down 93.5% from the prior quarter.
Delta Air Lines (DAL) Short-term Investments (2009 - 2024) Analysis & Trends
At the end of FY2023, Delta Air Lines' Short-term Investments was $1.13 billion, down 65.5% from FY2022.
- Short-term Investments has declined in each of the last three years, though with a five-year compound annual growth rate of 40.9% (FY2018 to FY2023).
- Going back by year, Short-term Investments was $3.27 billion in FY2022 (-3.5%), $3.39 billion in FY2021 (-41.5%) and $5.79 billion in FY2020.
- The Q3 2024 figure represents the lowest quarterly Short-term Investments in data going back to Q4 2009.
- Year-over-year, Short-term Investments has declined for four consecutive quarters, with an average decline of 14.2% over the last eight quarters.
- The fastest year-over-year change in Short-term Investments over five years came in Q2 2023 (growth of 119.5%), and the weakest in Q3 2024 (a decline of 99.6%).
- Business Quant data shows DAL's Short-term Investments at $124 million (Q2 2024), $589 million (Q1 2024) and $1.13 billion (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 171.29 Bn | 165.82 Bn | - |
| 2 | Csx | 90.34 Bn | 86.55 Bn | - |
| 3 | United Parcel Service | 83.18 Bn | 60.07 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.13 Bn | 76.15 Bn | - |
| 5 | Norfolk Southern | 72.86 Bn | 67.50 Bn | - |
| 6 | Fedex | 70.02 Bn | 35.97 Bn | - |
| 7 | Delta Air Lines | 51.16 Bn | 33.34 Bn | - |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - |
| 9 | United Airlines Holdings | 32.92 Bn | -23.46 Bn | - |
| 10 | Ryanair Holdings | 27.49 Bn | 11.13 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 124.00 Mn |
| Mar 31, 2024 | 589.00 Mn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 2.20 Bn |
| Jun 30, 2023 | 3.40 Bn |
| Mar 31, 2023 | 3.40 Bn |
| Dec 31, 2022 | 3.27 Bn |
| Sep 30, 2022 | 1.35 Bn |
| Jun 30, 2022 | 1.55 Bn |
| Mar 31, 2022 | 2.25 Bn |
| Dec 31, 2021 | 3.39 Bn |
| Sep 30, 2021 | 4.42 Bn |
| Jun 30, 2021 | 4.90 Bn |
| Mar 31, 2021 | 5.60 Bn |
| Dec 31, 2020 | 5.79 Bn |
| Sep 30, 2020 | 5.05 Bn |
| Jun 30, 2020 | 4.30 Bn |
| Dec 31, 2018 | 203.00 Mn |
| Sep 30, 2018 | 478.00 Mn |
Delta Air Lines Short-term Investments 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=short-term-investments&ticker=DAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();