Delta Air Lines (DAL) Tax Rate (2009 - 2026)

Delta Air Lines (DAL) reported Tax Rate of 35.05% for Q1 2026, down 6005.0% on a YoY basis from 0.59% in Q1 2025, and down 280.36% quarter-over-quarter from 19.43% in Q4 2025.

Delta Air Lines (DAL) Tax Rate (2009 - 2026) Analysis & Trends

Delta Air Lines has reported Tax Rate for 18 years, with the latest figure at 35.05% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 6005.0% year-over-year to 35.05%; the trailing twelve-month figure through Mar 2026 stood at 20.76% (down 387.0% YoY), and the FY2025 full-year result was 19.08%, down 671.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 35.05%, down from 19.43% in the prior quarter.
  • The five-year high for Tax Rate was 69.67% in Q1 2024, with the low at 35.05% in Q1 2026.
  • Historically, Tax Rate has averaged 22.51% across 5 years, with a median of 25.0% in 2025.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 4141 bps — and 2026, when it sank 6005 bps.
  • Delta Air Lines' Tax Rate stood at 25.98% in 2022, then slumped by 60 bps to 10.46% in 2023, then surged by 185 bps to 29.87% in 2024, then plunged by 35 bps to 19.43% in 2025, then slumped by 280 bps to 35.05% in 2026.
  • The last three Tax Rate figures came in at 35.05% (Q1 2026), 19.43% (Q4 2025), and 20.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -35.05
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 0.00
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 20.35
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn -
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 39.12
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 5.64
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -20.22
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 5.06
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 35.66

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.05%
Mar 31, 2026 -35.05%
Dec 31, 2025 19.43%
Dec 31, 2025 19.43%
Sep 30, 2025 20.26%
Sep 30, 2025 20.26%
Jun 30, 2025 17.25%
Jun 30, 2025 17.25%
Mar 31, 2025 25.00%
Mar 31, 2025 25.00%
Dec 31, 2024 29.87%
Dec 31, 2024 29.87%
Sep 30, 2024 18.51%
Sep 30, 2024 18.51%
Jun 30, 2024 26.40%
Jun 30, 2024 26.40%
Mar 31, 2024 69.67%
Mar 31, 2024 69.67%
Dec 31, 2023 10.46%
Dec 31, 2023 10.46%