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
Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $68.3B +4.8% Gross margin — — Operating margin 8.1% −0.8pp Net margin 5.8% −1.1pp Net income $4.0B −11.8%Filings
TTM 16-09 → TTM 26-06 · following the period bar 7 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 7 filings
10-Q Q2 2020 2020-07-15 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| TTM 16-09 | 2016-09-30 | $39.7B |
| TTM 16-12 | 2016-12-31 | $39.6B |
| TTM 17-03 | 2017-03-31 | $39.5B |
| TTM 17-06 | 2017-06-30 | $39.8B |
| TTM 17-09 | 2017-09-30 | $40.4B |
| TTM 17-12 | 2017-12-31 | $41.1B |
| TTM 18-03 | 2018-03-31 | $42.0B |
| TTM 18-06 | 2018-06-30 | $43.0B |
| TTM 18-09 | 2018-09-30 | $43.9B |
| TTM 18-12 | 2018-12-31 | $44.4B |
| TTM 19-03 | 2019-03-31 | $44.9B |
| TTM 19-06 | 2019-06-30 | $45.7B |
| TTM 19-09 | 2019-09-30 | $46.3B |
| TTM 19-12 | 2019-12-31 | $47.0B |
| TTM 20-03 | 2020-03-31 | $45.1B |
| TTM 20-06 | 2020-06-30 | $34.1B |
| TTM 20-09 | 2020-09-30 | $24.6B |
| TTM 20-12 | 2020-12-31 | $17.1B |
| TTM 21-03 | 2021-03-31 | $12.7B |
| TTM 21-06 | 2021-06-30 | $18.3B |
| TTM 21-09 | 2021-09-30 | $24.4B |
| TTM 21-12 | 2021-12-31 | $29.9B |
| TTM 22-03 | 2022-03-31 | $35.1B |
| TTM 22-06 | 2022-06-30 | $41.8B |
| TTM 22-09 | 2022-09-30 | $46.6B |
| TTM 22-12 | 2022-12-31 | $50.6B |
| TTM 23-03 | 2023-03-31 | $54.0B |
| TTM 23-06 | 2023-06-30 | $55.7B |
| TTM 23-09 | 2023-09-30 | $57.3B |
| TTM 23-12 | 2023-12-31 | $58.0B |
| TTM 24-03 | 2024-03-31 | $59.0B |
| TTM 24-06 | 2024-06-30 | $60.1B |
| TTM 24-09 | 2024-09-30 | $60.3B |
| TTM 24-12 | 2024-12-31 | $61.6B |
| TTM 25-03 | 2025-03-31 | $61.9B |
| TTM 25-06 | 2025-06-30 | $61.9B |
| TTM 25-09 | 2025-09-30 | $62.9B |
| TTM 25-12 | 2025-12-31 | $63.4B |
| TTM 26-03 | 2026-03-31 | $65.2B |
| TTM 26-06 | 2026-06-30 | $68.3B |
| Period | Period end | Net income |
|---|---|---|
| TTM 16-09 | 2016-09-30 | $4.7B |
| TTM 16-12 | 2016-12-31 | $4.4B |
| TTM 17-03 | 2017-03-31 | $4.0B |
| TTM 17-06 | 2017-06-30 | $3.6B |
| TTM 17-09 | 2017-09-30 | $3.5B |
| TTM 17-12 | 2017-12-31 | $3.2B |
| TTM 18-03 | 2018-03-31 | $3.2B |
| TTM 18-06 | 2018-06-30 | $3.1B |
| TTM 18-09 | 2018-09-30 | $3.2B |
| TTM 18-12 | 2018-12-31 | $3.9B |
| TTM 19-03 | 2019-03-31 | $4.1B |
| TTM 19-06 | 2019-06-30 | $4.5B |
| TTM 19-09 | 2019-09-30 | $4.7B |
| TTM 19-12 | 2019-12-31 | $4.8B |
| TTM 20-03 | 2020-03-31 | $3.5B |
| TTM 20-06 | 2020-06-30 | -$3.7B |
| TTM 20-09 | 2020-09-30 | -$10.5B |
| TTM 20-12 | 2020-12-31 | -$12.4B |
| TTM 21-03 | 2021-03-31 | -$13.0B |
| TTM 21-06 | 2021-06-30 | -$6.7B |
| TTM 21-09 | 2021-09-30 | -$68.0M |
| TTM 21-12 | 2021-12-31 | $280.0M |
| TTM 22-03 | 2022-03-31 | $517.0M |
| TTM 22-06 | 2022-06-30 | $600.0M |
| TTM 22-09 | 2022-09-30 | $83.0M |
| TTM 22-12 | 2022-12-31 | $1.3B |
| TTM 23-03 | 2023-03-31 | $1.9B |
| TTM 23-06 | 2023-06-30 | $3.0B |
| TTM 23-09 | 2023-09-30 | $3.4B |
| TTM 23-12 | 2023-12-31 | $4.6B |
| TTM 24-03 | 2024-03-31 | $5.0B |
| TTM 24-06 | 2024-06-30 | $4.5B |
| TTM 24-09 | 2024-09-30 | $4.7B |
| TTM 24-12 | 2024-12-31 | $3.5B |
| TTM 25-03 | 2025-03-31 | $3.7B |
| TTM 25-06 | 2025-06-30 | $4.5B |
| TTM 25-09 | 2025-09-30 | $4.6B |
| TTM 25-12 | 2025-12-31 | $5.0B |
| TTM 26-03 | 2026-03-31 | $4.5B |
| TTM 26-06 | 2026-06-30 | $4.0B |
| Period | Period end | Operating income |
|---|---|---|
| TTM 16-09 | 2016-09-30 | $7.6B |
| TTM 16-12 | 2016-12-31 | $7.0B |
| TTM 17-03 | 2017-03-31 | $6.4B |
| TTM 17-06 | 2017-06-30 | $6.0B |
| TTM 17-09 | 2017-09-30 | $5.8B |
| TTM 17-12 | 2017-12-31 | $6.0B |
| TTM 18-03 | 2018-03-31 | $5.8B |
| TTM 18-06 | 2018-06-30 | $5.5B |
| TTM 18-09 | 2018-09-30 | $5.3B |
| TTM 18-12 | 2018-12-31 | $5.3B |
| TTM 19-03 | 2019-03-31 | $5.4B |
| TTM 19-06 | 2019-06-30 | $5.9B |
| TTM 19-09 | 2019-09-30 | $6.3B |
| TTM 19-12 | 2019-12-31 | $6.6B |
| TTM 20-03 | 2020-03-31 | $5.2B |
| TTM 20-06 | 2020-06-30 | -$1.8B |
| TTM 20-09 | 2020-09-30 | -$10.2B |
| TTM 20-12 | 2020-12-31 | -$12.5B |
| TTM 21-03 | 2021-03-31 | -$13.5B |
| TTM 21-06 | 2021-06-30 | -$7.8B |
| TTM 21-09 | 2021-09-30 | $765.0M |
| TTM 21-12 | 2021-12-31 | $1.9B |
| TTM 22-03 | 2022-03-31 | $2.5B |
| TTM 22-06 | 2022-06-30 | $3.2B |
| TTM 22-09 | 2022-09-30 | $2.5B |
| TTM 22-12 | 2022-12-31 | $3.7B |
| TTM 23-03 | 2023-03-31 | $4.2B |
| TTM 23-06 | 2023-06-30 | $5.1B |
| TTM 23-09 | 2023-09-30 | $5.7B |
| TTM 23-12 | 2023-12-31 | $5.5B |
| TTM 24-03 | 2024-03-31 | $6.4B |
| TTM 24-06 | 2024-06-30 | $6.2B |
| TTM 24-09 | 2024-09-30 | $5.6B |
| TTM 24-12 | 2024-12-31 | $6.0B |
| TTM 25-03 | 2025-03-31 | $6.0B |
| TTM 25-06 | 2025-06-30 | $5.8B |
| TTM 25-09 | 2025-09-30 | $6.1B |
| TTM 25-12 | 2025-12-31 | $5.8B |
| TTM 26-03 | 2026-03-31 | $5.8B |
| TTM 26-06 | 2026-06-30 | $5.5B |
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 |
|---|---|---|---|---|
| TTM 16-09 | 2016-09-30 | not scored | not scored | not scored |
| TTM 16-12 | 2016-12-31 | not scored | not scored | not scored |
| TTM 17-03 | 2017-03-31 | not scored | not scored | not scored |
| TTM 17-06 | 2017-06-30 | not scored | not scored | not scored |
| TTM 17-09 | 2017-09-30 | not scored | not scored | not scored |
| TTM 17-12 | 2017-12-31 | not scored | not scored | not scored |
| TTM 18-03 | 2018-03-31 | not scored | not scored | not scored |
| TTM 18-06 | 2018-06-30 | not scored | not scored | not scored |
| TTM 18-09 | 2018-09-30 | not scored | not scored | not scored |
| TTM 18-12 | 2018-12-31 | not scored | not scored | not scored |
| TTM 19-03 | 2019-03-31 | not scored | not scored | not scored |
| TTM 19-06 | 2019-06-30 | not scored | not scored | not scored |
| TTM 19-09 | 2019-09-30 | not scored | not scored | not scored |
| TTM 19-12 | 2019-12-31 | not scored | not scored | not scored |
| TTM 20-03 | 2020-03-31 | not scored | not scored | not scored |
| TTM 20-06 | 2020-06-30 | not scored | not scored | not scored |
| TTM 20-09 | 2020-09-30 | not scored | not scored | not scored |
| TTM 20-12 | 2020-12-31 | not scored | not scored | not scored |
| TTM 21-03 | 2021-03-31 | not scored | not scored | not scored |
| TTM 21-06 | 2021-06-30 | not scored | not scored | not scored |
| TTM 21-09 | 2021-09-30 | not scored | not scored | not scored |
| TTM 21-12 | 2021-12-31 | not scored | not scored | not scored |
| TTM 22-03 | 2022-03-31 | not scored | not scored | not scored |
| TTM 22-06 | 2022-06-30 | not scored | not scored | not scored |
| TTM 22-09 | 2022-09-30 | not scored | not scored | not scored |
| TTM 22-12 | 2022-12-31 | not scored | not scored | not scored |
| TTM 23-03 | 2023-03-31 | not scored | not scored | not scored |
| TTM 23-06 | 2023-06-30 | not scored | not scored | not scored |
| TTM 23-09 | 2023-09-30 | 74 | 29 | 29 |
| TTM 23-12 | 2023-12-31 | 72 | 42 | 18 |
| TTM 24-03 | 2024-03-31 | 76 | 30 | 29 |
| TTM 24-06 | 2024-06-30 | 37 | 33 | 32 |
| TTM 24-09 | 2024-09-30 | 41 | 34 | 30 |
| TTM 24-12 | 2024-12-31 | 37 | 26 | 30 |
| TTM 25-03 | 2025-03-31 | 71 | 35 | 35 |
| TTM 25-06 | 2025-06-30 | 57 | 48 | 37 |
| TTM 25-09 | 2025-09-30 | 59 | 42 | 35 |
| TTM 25-12 | 2025-12-31 | 59 | 44 | 36 |
| TTM 26-03 | 2026-03-31 | 37 | 22 | 40 |
| TTM 26-06 | 2026-06-30 | 40 | 26 | 39 |