FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

DAL
2026-06-30 · figures in $M

NET DEBT DOWN

Net debt fell 27% to $9.0B, and stands at 1.09× annualized EBITDA.

CASH +40.4%
4,310
TOTAL DEBT -13.3%
13,308
NET DEBT -26.7%
8,998
NET DEBT / ANN. EBITDA -24.6%
1.09× TARGET <2.0×
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
1,565 2,882 8,307 7,933 3,266 2,741 3,069 4,310 +40.4%
Accounts receivable
10-Q
2,314 2,854 1,396 2,404 3,176 3,130 3,224 2,850 -11.6%
Inventories
NOT DISCLOSED 10-Q
463 521 — 1,098 1,424 1,314 1,428 1,601 +12.1%
Other current assets
RESTATED · WAS 1,203 10-Q
1,406 1,262 1,180 1,119 1,877 1,957 2,123 2,207 +4.0%
Total current assets
10-Q
6,340 8,249 17,404 15,940 13,011 10,269 9,844 10,968 +11.4%
Current ratio
10-Q
0.34× 0.41× 1.09× 0.76× 0.50× 0.39× 0.37× 0.40× +7.6%
Goodwill
10-Q
9,781 9,781 9,753 9,753 9,753 9,753 9,753 9,753 +0.0%
Property, plant & equipment
10-Q
28,335 31,310 26,529 28,749 33,109 35,486 37,595 39,743 +5.7%
Total assets
10-Q
60,266 64,532 71,996 72,459 72,288 73,644 75,372 81,317 +7.9%
Return on assets (annualized)
10-Q
6.5% 7.4% -17.2% 0.4% 1.8% 6.3% 4.6% 6.2% +34.2%
Accounts payable
10-Q
2,976 3,266 2,840 4,240 5,106 4,446 4,650 5,226 +12.4%
Accrued liabilities
10-Q
1,117 1,078 1,670 1,746 1,779 1,617 1,812 1,945 +7.3%
Short-term debt
10-Q
1,518 2,287 1,732 1,782 2,359 2,983 2,175 1,605 -26.2%
Total current liabilities
10-Q
18,578 20,204 15,927 20,966 25,940 26,418 26,670 27,624 +3.6%
Long-term debt
10-Q
8,253 8,873 27,425 25,138 20,671 17,071 14,019 12,507 -10.8%
Total liabilities
46,579 49,174 70,462 68,572 65,706 62,539 60,079 60,464 +0.6%
Net debt
7,803 7,224 19,667 17,151 18,115 15,869 12,278 8,998 -26.7%
Stockholders' equity
10-Q
13,687 15,358 1,534 3,887 6,582 11,105 15,293 20,853 +36.4%
Net debt / TTM EBITDA
NOT DISCLOSED 10-Q
1.03× 0.79× — 4.42× 3.14× 2.02× 1.44× 1.09× -24.6%

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SELECTED · NET DEBT · QoQ BRIDGE
FROM12,278 TOTAL DEBT-2,039 CASH & EQUIVALENTS-1,241 TO8,998
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-10 ↗