Delta Air Lines (DAL) Total Debt (2009 - 2026)
Delta Air Lines' Total Debt came in at $13.95 billion for Q3 2026, down 12.7% from $15.98 billion a year earlier and down 7.3% from the prior quarter.
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Analysis
Delta Air Lines (DAL) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Delta Air Lines' Total Debt was $15.21 billion, down 12.0% from FY2024.
- Total Debt has declined in each of the last five years, with a five-year compound annual growth rate of -12.8% (FY2020 to FY2025).
- Going back by year, Total Debt was $17.29 billion in FY2024 (-18.2%), $21.15 billion in FY2023 (-12.3%), $24.13 billion in FY2022 (-13.9%) and $28.02 billion in FY2021 (-7.4%).
- The Q3 2026 figure represents the lowest quarterly Total Debt since Q4 2019.
- Year-over-year, Total Debt has declined for 21 consecutive quarters, with an average decline of 13.4% over the last eight quarters.
- Across the past five years, year-over-year decline in Total Debt ran from 6.8% in Q2 2026 to 18.2% in Q4 2024.
- Business Quant data shows DAL's Total Debt at $15.05 billion (Q2 2026), $15.26 billion (Q1 2026) and $15.21 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 30.33 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 18.86 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 24.48 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 17.70 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 16.62 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 13.95 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 20.00 Mn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 26.46 Bn |
| 10 | Ryanair Holdings | 28.53 Bn | 12.18 Bn | - | 43.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.95 Bn |
| Jun 30, 2026 | 15.05 Bn |
| Mar 31, 2026 | 15.26 Bn |
| Dec 31, 2025 | 15.21 Bn |
| Sep 30, 2025 | 15.98 Bn |
| Jun 30, 2025 | 16.16 Bn |
| Mar 31, 2025 | 16.92 Bn |
| Dec 31, 2024 | 17.29 Bn |
| Sep 30, 2024 | 18.80 Bn |
| Jun 30, 2024 | 19.08 Bn |
| Mar 31, 2024 | 20.46 Bn |
| Dec 31, 2023 | 21.15 Bn |
| Sep 30, 2023 | 20.61 Bn |
| Jun 30, 2023 | 21.31 Bn |
| Mar 31, 2023 | 23.06 Bn |
| Dec 31, 2022 | 24.13 Bn |
| Sep 30, 2022 | 24.33 Bn |
| Jun 30, 2022 | 25.94 Bn |
| Mar 31, 2022 | 26.66 Bn |
| Dec 31, 2021 | 28.02 Bn |
API Access
Delta Air Lines Total Debt 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=total-debt&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();