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| Date | Value |
|---|---|
| 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% |