DELTA AIR LINES, INC.
DAL Industrials · TransportationEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−34 over range · as of 2026-06-30
Revenue +18.7% YoY, earnings -24.7% YoY · sector avg 71
▼−3 over range · as of 2026-06-30
8.1% net margin, 18% return on equity, 7% free-cash-flow margin, profitable in 7 of last 8 quarters · sector avg 49
▲+10 over range · as of 2026-06-30
Net debt 1.0x EBITDA, 0.4x current ratio · sector avg 55
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $19.8B +24.6% Gross margin — — Operating margin 9.4% +6.3pp Net margin 8.1% +9.9pp Net income $1.6B —Filings
16-09 → 26-06 · following the period bar 21 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 21 filings
10-Q Q2 2024 2024-07-11 Pro → 10-Q Q1 2024 2024-04-10 Pro → 10-Q Q3 2023 2023-10-12 Pro → 10-Q Q2 2023 2023-07-13 Pro → 10-Q Q1 2023 2023-04-13 Pro → 10-Q Q3 2022 2022-10-13 Pro → 10-Q Q2 2022 2022-07-13 Pro → 10-Q Q1 2022 2022-04-13 Pro → 10-Q Q3 2021 2021-10-13 Pro → 10-Q Q2 2021 2021-07-14 Pro → 10-Q Q1 2021 2021-04-15 Pro → 10-Q Q3 2020 2020-10-14 Pro → 10-Q Q2 2020 2020-07-15 Pro → 10-Q Q1 2020 2020-04-22 Pro → 10-Q Q3 2019 2019-10-10 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 16-09 | 2016-09-30 | $10.5B |
| 16-12 | 2016-12-31 | $9.5B |
| 17-03 | 2017-03-31 | $9.1B |
| 17-06 | 2017-06-30 | $10.7B |
| 17-09 | 2017-09-30 | $11.1B |
| 17-12 | 2017-12-31 | $10.2B |
| 18-03 | 2018-03-31 | $10.0B |
| 18-06 | 2018-06-30 | $11.8B |
| 18-09 | 2018-09-30 | $12.0B |
| 18-12 | 2018-12-31 | $10.7B |
| 19-03 | 2019-03-31 | $10.5B |
| 19-06 | 2019-06-30 | $12.5B |
| 19-09 | 2019-09-30 | $12.6B |
| 19-12 | 2019-12-31 | $11.4B |
| 20-03 | 2020-03-31 | $8.6B |
| 20-06 | 2020-06-30 | $1.5B |
| 20-09 | 2020-09-30 | $3.1B |
| 20-12 | 2020-12-31 | $4.0B |
| 21-03 | 2021-03-31 | $4.2B |
| 21-06 | 2021-06-30 | $7.1B |
| 21-09 | 2021-09-30 | $9.2B |
| 21-12 | 2021-12-31 | $9.5B |
| 22-03 | 2022-03-31 | $9.3B |
| 22-06 | 2022-06-30 | $13.8B |
| 22-09 | 2022-09-30 | $14.0B |
| 22-12 | 2022-12-31 | $13.4B |
| 23-03 | 2023-03-31 | $12.8B |
| 23-06 | 2023-06-30 | $15.6B |
| 23-09 | 2023-09-30 | $15.5B |
| 23-12 | 2023-12-31 | $14.2B |
| 24-03 | 2024-03-31 | $13.7B |
| 24-06 | 2024-06-30 | $16.7B |
| 24-09 | 2024-09-30 | $15.7B |
| 24-12 | 2024-12-31 | $15.6B |
| 25-03 | 2025-03-31 | $14.0B |
| 25-06 | 2025-06-30 | $16.6B |
| 25-09 | 2025-09-30 | $16.7B |
| 25-12 | 2025-12-31 | $16.0B |
| 26-03 | 2026-03-31 | $15.9B |
| 26-06 | 2026-06-30 | $19.8B |
| Period | Period end | Net income |
|---|---|---|
| 16-09 | 2016-09-30 | $1.3B |
| 16-12 | 2016-12-31 | $622.0M |
| 17-03 | 2017-03-31 | $561.0M |
| 17-06 | 2017-06-30 | $1.2B |
| 17-09 | 2017-09-30 | $1.2B |
| 17-12 | 2017-12-31 | $299.0M |
| 18-03 | 2018-03-31 | $557.0M |
| 18-06 | 2018-06-30 | $1.0B |
| 18-09 | 2018-09-30 | $1.3B |
| 18-12 | 2018-12-31 | $1.0B |
| 19-03 | 2019-03-31 | $730.0M |
| 19-06 | 2019-06-30 | $1.4B |
| 19-09 | 2019-09-30 | $1.5B |
| 19-12 | 2019-12-31 | $1.1B |
| 20-03 | 2020-03-31 | -$534.0M |
| 20-06 | 2020-06-30 | -$5.7B |
| 20-09 | 2020-09-30 | -$5.4B |
| 20-12 | 2020-12-31 | -$755.0M |
| 21-03 | 2021-03-31 | -$1.2B |
| 21-06 | 2021-06-30 | $652.0M |
| 21-09 | 2021-09-30 | $1.2B |
| 21-12 | 2021-12-31 | -$407.0M |
| 22-03 | 2022-03-31 | -$940.0M |
| 22-06 | 2022-06-30 | $735.0M |
| 22-09 | 2022-09-30 | $695.0M |
| 22-12 | 2022-12-31 | $828.0M |
| 23-03 | 2023-03-31 | -$363.0M |
| 23-06 | 2023-06-30 | $1.8B |
| 23-09 | 2023-09-30 | $1.1B |
| 23-12 | 2023-12-31 | $2.0B |
| 24-03 | 2024-03-31 | $37.0M |
| 24-06 | 2024-06-30 | $1.3B |
| 24-09 | 2024-09-30 | $1.3B |
| 24-12 | 2024-12-31 | $843.0M |
| 25-03 | 2025-03-31 | $240.0M |
| 25-06 | 2025-06-30 | $2.1B |
| 25-09 | 2025-09-30 | $1.4B |
| 25-12 | 2025-12-31 | $1.2B |
| 26-03 | 2026-03-31 | -$289.0M |
| 26-06 | 2026-06-30 | $1.6B |
| Period | Period end | Operating income |
|---|---|---|
| 16-09 | 2016-09-30 | $2.0B |
| 16-12 | 2016-12-31 | $1.0B |
| 17-03 | 2017-03-31 | $999.0M |
| 17-06 | 2017-06-30 | $2.0B |
| 17-09 | 2017-09-30 | $1.8B |
| 17-12 | 2017-12-31 | $1.2B |
| 18-03 | 2018-03-31 | $844.0M |
| 18-06 | 2018-06-30 | $1.7B |
| 18-09 | 2018-09-30 | $1.6B |
| 18-12 | 2018-12-31 | $1.1B |
| 19-03 | 2019-03-31 | $1.0B |
| 19-06 | 2019-06-30 | $2.1B |
| 19-09 | 2019-09-30 | $2.1B |
| 19-12 | 2019-12-31 | $1.4B |
| 20-03 | 2020-03-31 | -$410.0M |
| 20-06 | 2020-06-30 | -$4.8B |
| 20-09 | 2020-09-30 | -$6.4B |
| 20-12 | 2020-12-31 | -$858.0M |
| 21-03 | 2021-03-31 | -$1.4B |
| 21-06 | 2021-06-30 | $816.0M |
| 21-09 | 2021-09-30 | $2.2B |
| 21-12 | 2021-12-31 | $263.0M |
| 22-03 | 2022-03-31 | -$783.0M |
| 22-06 | 2022-06-30 | $1.5B |
| 22-09 | 2022-09-30 | $1.5B |
| 22-12 | 2022-12-31 | $1.5B |
| 23-03 | 2023-03-31 | -$277.0M |
| 23-06 | 2023-06-30 | $2.5B |
| 23-09 | 2023-09-30 | $2.0B |
| 23-12 | 2023-12-31 | $1.3B |
| 24-03 | 2024-03-31 | $614.0M |
| 24-06 | 2024-06-30 | $2.3B |
| 24-09 | 2024-09-30 | $1.4B |
| 24-12 | 2024-12-31 | $1.7B |
| 25-03 | 2025-03-31 | $569.0M |
| 25-06 | 2025-06-30 | $2.1B |
| 25-09 | 2025-09-30 | $1.7B |
| 25-12 | 2025-12-31 | $1.5B |
| 26-03 | 2026-03-31 | $501.0M |
| 26-06 | 2026-06-30 | $1.9B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 16-09 | 2016-09-30 | not scored | not scored | not scored |
| 16-12 | 2016-12-31 | not scored | not scored | not scored |
| 17-03 | 2017-03-31 | not scored | not scored | not scored |
| 17-06 | 2017-06-30 | not scored | not scored | not scored |
| 17-09 | 2017-09-30 | not scored | not scored | not scored |
| 17-12 | 2017-12-31 | not scored | not scored | not scored |
| 18-03 | 2018-03-31 | not scored | not scored | not scored |
| 18-06 | 2018-06-30 | not scored | not scored | not scored |
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 18-12 | 2018-12-31 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 74 | 29 | 29 |
| 23-12 | 2023-12-31 | 72 | 42 | 18 |
| 24-03 | 2024-03-31 | 76 | 30 | 29 |
| 24-06 | 2024-06-30 | 37 | 33 | 32 |
| 24-09 | 2024-09-30 | 41 | 34 | 30 |
| 24-12 | 2024-12-31 | 37 | 26 | 30 |
| 25-03 | 2025-03-31 | 71 | 35 | 35 |
| 25-06 | 2025-06-30 | 57 | 48 | 37 |
| 25-09 | 2025-09-30 | 59 | 42 | 35 |
| 25-12 | 2025-12-31 | 59 | 44 | 36 |
| 26-03 | 2026-03-31 | 37 | 22 | 40 |
| 26-06 | 2026-06-30 | 40 | 26 | 39 |