Delta Air Lines (DAL) Short-term Investments (2009 - 2024)
Delta Air Lines (DAL) posted Short-term Investments of $8.0 million for Q3 2024, down 93.55% on a QoQ basis from $124.0 million in Q2 2024, and down 99.64% year-over-year from $2.2 billion in Q4 2023.
Delta Air Lines (DAL) Short-term Investments (2009 - 2024) Analysis & Trends
Delta Air Lines' Short-term Investments history runs 15 years deep, the most recent figure standing at $8.0 million for Q3 2024.
- Quarterly Short-term Investments fell 99.64% year-over-year to $8.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $8.0 million (down 99.64% YoY) and the FY2023 annual result came in at $1.1 billion, down 65.51% from the prior year.
- Short-term Investments was $8.0 million for Q3 2024 at Delta Air Lines, down from $124.0 million in the prior quarter.
- Across five years, Short-term Investments topped out at $5.8 billion in Q4 2020 and bottomed at $8.0 million in Q3 2024.
- A 5-year average of $2.9 billion and a median of $3.3 billion in 2022 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2023 — Short-term Investments surged 117.43% — and 2024, when it slumped 99.64%.
- Delta Air Lines' Short-term Investments stood at $5.8 billion in 2020, then tumbled by 41.51% to $3.4 billion in 2021, then fell by 3.48% to $3.3 billion in 2022, then slumped by 65.51% to $1.1 billion in 2023, then sank by 99.29% to $8.0 million in 2024.
- Business Quant data shows DAL's Short-term Investments at $8.0 million in Q3 2024, $124.0 million in Q2 2024, and $589.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 30,537.63 Bn | 30,534.97 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 61.66 Bn | 58.47 Bn | - |
| 3 | Delta Air Lines | 56.54 Bn | 51.87 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 22.23 Bn | 18.44 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.87 Bn | 8.05 Bn | - |
| 6 | Copa Holdings | 5.70 Bn | 4.36 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.42 Bn | 3.65 Bn | 3.20 Bn |
| 8 | Skywest | 4.28 Bn | 3.68 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 2.02 Bn | 1.60 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.81 Bn | 909.71 Mn | 651.87 Mn |
Historic Data
Download 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 | 3.37 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 | 2.20 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 |