Delta Financial Statements From 2010 to 2024

DAL Stock  USD 47.31  1.38  3.00%   
Delta Air financial statements provide useful quarterly and yearly information to potential Delta Air Lines investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Delta Air financial statements helps investors assess Delta Air's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Delta Air's valuation are summarized below:
Gross Profit
9.7 B
Profit Margin
0.0794
Market Capitalization
29.5 B
Enterprise Value Revenue
0.9124
Revenue
58 B
There are over one hundred nineteen available fundamental signals for Delta Air Lines, which can be analyzed over time and compared to other ratios. We recommend to verify Delta Air's prevailing fundamental drivers against the all of the trends between 2010 and 2024.
Check Delta Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Delta main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 1 B or Selling General Administrative of 3.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.64, Price Earnings Ratio of 6.59 or Price To Sales Ratio of 0.33. Delta financial statements analysis is a perfect complement when working with Delta Air Valuation or Volatility modules.
  
This module can also supplement Delta Air's financial leverage analysis and stock options assessment as well as various Delta Air Technical models . Check out the analysis of Delta Air Correlation against competitors.

Delta Air Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets77.3 B73.6 B56.6 B
Slightly volatile
Short and Long Term Debt Total28.6 B27.3 B17.6 B
Slightly volatile
Total Current Liabilities27.7 B26.4 B17.7 B
Slightly volatile
Property Plant And Equipment Net44.6 B42.5 B28.6 B
Slightly volatile
Net Debt25.8 B24.5 B14.5 B
Slightly volatile
Cash2.4 B2.7 BB
Slightly volatile
Non Current Assets Total66.5 B63.4 B47.2 B
Slightly volatile
Non Currrent Assets Other744.8 M784 M4.4 B
Slightly volatile
Cash And Short Term Investments3.1 B3.9 B4.5 B
Slightly volatile
Net Receivables3.3 B3.1 B2.2 B
Slightly volatile
Common Stock Shares Outstanding415.5 M643 M672.2 M
Pretty Stable
Liabilities And Stockholders Equity77.3 B73.6 B56.6 B
Slightly volatile
Non Current Liabilities Total21 B36.1 B29.8 B
Slightly volatile
Inventory1.4 B1.3 B974.9 M
Slightly volatile
Other Current Assets2.1 BB1.3 B
Slightly volatile
Other Stockholder Equity7.7 B11.3 B11 B
Very volatile
Total Liabilities65.7 B62.5 B48.7 B
Slightly volatile
Property Plant And Equipment Gross67.4 B64.2 B31.5 B
Slightly volatile
Total Current Assets6.3 B10.3 B9.1 B
Slightly volatile
Short Term Debt3.9 B3.7 BB
Very volatile
Intangible Assets3.1 BB4.7 B
Slightly volatile
Accounts Payable2.4 B4.4 B2.9 B
Slightly volatile
Good Will6.2 B11.2 BB
Slightly volatile
Short Term Investments961.4 M1.1 B1.5 B
Slightly volatile
Other Liabilities15.8 B14.1 B15.9 B
Very volatile
Long Term Debt12.9 B17.1 B12.5 B
Slightly volatile
Property Plant Equipment24.5 B46.2 B27.8 B
Slightly volatile
Current Deferred Revenue2.3 B3.9 B2.6 B
Pretty Stable
Long Term Debt Total13.9 B23.8 B13.5 B
Slightly volatile
Capital Surpluse9.9 B10.4 B12.1 B
Slightly volatile
Deferred Long Term Liabilities2.4 B1.3 B2.5 B
Slightly volatile
Non Current Liabilities Other3.4 B3.6 B13.4 B
Slightly volatile
Long Term Investments3.6 B3.5 B1.1 B
Slightly volatile
Short and Long Term DebtBB1.7 B
Slightly volatile
Cash And Equivalents4.5 B3.8 B3.6 B
Slightly volatile
Net Invested Capital29 B31.2 B24.8 B
Slightly volatile
Capital Lease Obligations7.7 B7.2 B6.9 B
Slightly volatile

Delta Air Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.4 B2.3 B2.3 B
Slightly volatile
Interest ExpenseB834 M708.2 M
Slightly volatile
Selling General Administrative3.1 B1.6 B2.3 B
Very volatile
Total Revenue61 B58 B38.9 B
Slightly volatile
Other Operating Expenses55.4 B52.8 B35.2 B
Slightly volatile
Cost Of Revenue48.9 B46.6 B31 B
Slightly volatile
Selling And Marketing Expenses1.3 B2.3 B1.6 B
Pretty Stable
Interest Income1.2 B2.1 B953.1 M
Slightly volatile
Reconciled Depreciation1.8 B2.3 B2.2 B
Pretty Stable

Delta Air Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.6 B3.5 B3.4 B
Slightly volatile
Capital Expenditures5.6 B5.3 B3.5 B
Slightly volatile
End Period Cash Flow2.7 B3.4 B3.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.330.44290.6979
Pretty Stable
Dividend Yield0.00540.00570.0134
Slightly volatile
Operating Cycle28.4829.979633.2411
Pretty Stable
Days Of Payables Outstanding47.9434.845538.7168
Pretty Stable
Inventory Turnover46.7535.442237.2856
Slightly volatile
Payables Turnover7.6510.474810.0302
Slightly volatile
Long Term Debt To Capitalization0.420.67950.6344
Very volatile
Cash Per Share7.416.05326.7042
Slightly volatile
Total Debt To Capitalization0.390.71070.6508
Very volatile
Quick Ratio0.250.26490.409
Very volatile
Net Income Per E B T0.690.82191.0023
Slightly volatile
Cash Ratio0.09860.10380.1752
Pretty Stable
Days Of Inventory Outstanding9.7810.298510.9611
Slightly volatile
Days Of Sales Outstanding26.1819.681122.7787
Pretty Stable
Current Ratio0.370.38870.5589
Pretty Stable
Fixed Asset Turnover1.571.36621.4358
Slightly volatile
Debt Ratio0.250.37040.3027
Pretty Stable
Price Sales Ratio0.330.44290.6979
Pretty Stable
Receivables Turnover13.9218.545716.9813
Slightly volatile
Asset Turnover0.90.78820.7381
Slightly volatile

Delta Fundamental Market Drivers

Forward Price Earnings6.8446
Cash And Short Term Investments3.9 B

Delta Upcoming Events

11th of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
10th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Delta Air Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Delta Air income statement, its balance sheet, and the statement of cash flows. Delta Air investors use historical funamental indicators, such as Delta Air's revenue or net income, to determine how well the company is positioned to perform in the future. Although Delta Air investors may use each financial statement separately, they are all related. The changes in Delta Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Delta Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Delta Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Delta Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue3.9 B2.3 B
Total Revenue58 B61 B
Cost Of Revenue46.6 B48.9 B
Ebit Per Revenue 0.1  0.1 

Pair Trading with Delta Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Delta Stock

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The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
Check out the analysis of Delta Air Correlation against competitors.
Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Delta Air's price analysis, check to measure Delta Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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Is Delta Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.436
Dividend Share
0.3
Earnings Share
7.17
Revenue Per Share
90.842
Quarterly Revenue Growth
0.059
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.