Delta Air Lines, Inc. DAL
Air Freight/Delivery Services · data as of November 13, 2026
Delta Air Lines, Inc. (DAL) is a consumer discretionary company listed in the US with a market value of about $56.7B. In the twelve months to September 30, 2026 it had revenue of $71.8B and net income of $3.3B, a net margin of 4.6%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is value (3/5); the weakest is future growth (1/5).
Key numbers: a P/E of 17.2, a price to free cash flow of 18.8, 5-year revenue growth of 30% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 44% below the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.8B | $63.4B | $61.6B | $58.0B | $50.6B | $29.9B | $17.1B | $47.0B | $44.4B | $41.2B | $39.6B |
| Net income | $3.3B | $5.0B | $3.5B | $4.6B | $1.3B | $280M | -$12.4B | $4.8B | $3.9B | $3.2B | $4.2B |
| Free cash flow | $3.0B | $3.8B | $2.9B | $1.1B | -$3M | $17M | -$5.7B | $3.5B | $1.8B | $1.1B | $3.8B |
| EPS (diluted) | $5.01 | $7.66 | $5.33 | $7.17 | $2.06 | $0.44 | $-19.49 | $7.30 | $5.67 | $4.43 | $5.55 |
| Net margin | 4.6% | 7.9% | 5.6% | 7.9% | 2.6% | 0.9% | -72.5% | 10.1% | 8.9% | 7.8% | 10.6% |
| ROIC | — | 11.7% | 11.9% | 12.3% | 7.1% | 3.6% | -27.6% | 16.1% | 13.5% | 16.6% | 25.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 24 analysts is $100.98, 17% above the current price; targets range from $53.00 to $125.00; the consensus rating is “Strong buy”; expected EPS is $5.35 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Delta Air Lines’s P/E ratio?
About 17.2, based on the last twelve months of diluted earnings per share (forward P/E about 15.5).
Is Delta Air Lines stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 44% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Delta Air Lines pay a dividend?
Yes. The dividend yield is about 0.94%, and it has paid dividends for 8 years in our data.
Is Delta Air Lines a good stock to buy?
We do not give buy or sell advice. Delta Air Lines scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.