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Delta Air Lines Inc Stock Research

DAL

35.89USD+0.14(+0.39%)Market Closed

Market Summary

USD35.89+0.14
Market Closed
0.39%

DAL Alerts

DAL Stock Price

DAL RSI Chart

DAL Valuation

Market Cap

24.5B

Price/Earnings (Trailing)

298.7

Price/Sales (Trailing)

0.53

EV/EBITDA

27.58

Price/Free Cashflow

4.27

DAL Price/Sales (Trailing)

DAL Profitability

EBT Margin

3.78%

Return on Equity

20.02%

Return on Assets

1.82%

Free Cashflow Yield

23.4%

DAL Fundamentals

DAL Revenue

Revenue (TTM)

54.0B

Revenue Y/Y

36.49%

Revenue Q/Q

-5.03%

DAL Earnings

Earnings (TTM)

1.9B

Earnings Y/Y

61.38%

Earnings Q/Q

-143.79%

Price Action

52 Week Range

27.2042.45
(Low)(High)

Last 7 days

0.8%

Last 30 days

9.6%

Last 90 days

-3.9%

Trailing 12 Months

-12.1%

DAL Financial Health

Current Ratio

0.5

Debt/Equity

3.14

Debt/Cashflow

0.31

DAL Investor Care

Diluted EPS (TTM)

2.96

Peers (Alternatives to Delta Air Lines)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
92.6B
0.62% 6.12%
17.9
0.63
1.02% -41.74%
24.5B
54.0B
9.59% -12.10%
298.7
0.53
53.83% 267.44%
17.6B
24.8B
-4.05% -33.42%
30.79
0.71
34.69% -26.67%
15.5B
48.8B
12.27% 2.58%
8.07
0.32
68.46% 196.77%
9.4B
52.3B
12.64% -16.76%
5.29
0.18
50.29% 174.49%
MID-CAP
5.7B
9.6B
6.77% -4.31%
97.27
0.59
56.19% -87.34%
2.9B
4.5B
0.24% 22.01%
8.22
0.64
12.86% -27.86%
2.2B
9.8B
-0.73% -35.63%
-7.49
0.23
38.47% -57.37%
SMALL-CAP
1.8B
2.5B
2.42% -31.70%
707.48
0.77
27.09% -98.36%
1.6B
5.5B
-13.65% -24.26%
-3.48
0.3
45.87% 16.50%
1.2B
2.1B
-8.48% -40.67%
7.39
0.61
11.75% -29.30%
1.2B
3.0B
28.40% 20.99%
16.55
0.4
1.63% -34.81%
413.9M
2.8B
1.52% -51.86%
-2.02
0.15
46.79% 5.66%
77.6M
224.4M
10.41% 69.23%
-30.86
0.35
30.18% -139.59%
68.2M
529.0M
-17.65% -42.86%
-0.4
0.13
0.40% -181.76%

Financials for Delta Air Lines

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue6.7%53,99350,58246,61741,79635,098
  S&GA Expenses9.9%2,0781,8911,6971,4591,155
Costs and Expenses6.2%49,82546,92144,16238,59232,597
EBITDA113.1%2,9921,4041,8691,534-
EBITDA Margin96.4%0.06*0.03*0.04*0.04*-
Earnings Before Taxes36.3%2,6091,914400970713
EBT Margin341.0%0.04*0.01*0.02*0.02*-
Interest Expenses4.6%-982-1,029-1,056-1,122-1,191
Net Income43.9%1,8961,31882.00599516
Net Income Margin1381.4%0.03*0.00*0.01*0.01*-
Free Cahsflow11.0%6,3635,7315,0134,344-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.2%73,13472,28872,59674,80573,748
  Current Assets3.0%13,40113,01114,79917,31315,720
    Cash Equivalents-1.6%3,2153,2667,0239,2217,705
  Goodwill0%9,7539,7539,7539,7539,753
  Current Liabilities9.5%28,41725,94025,87026,32424,060
  Long Term Debt-4.1%19,82320,67121,20222,90324,441
    LT Debt, Current95.1%1,621831---
    LT Debt, Non Current-6.5%21,44422,939---
Shareholder's Equity-4.9%6,2606,5824,5903,8112,991
  Retained Earnings-31.0%8071,170342-353-1,088
  Additional Paid-In Capital0.2%11,54411,52611,50711,48511,462
Shares Outstanding0.0%641641---
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations7.3%6,8276,3635,7315,0134,344
Cashflow From Investing-5.1%-7,275-6,924-2,669-1,765-1,587
Cashflow From Financing6.1%-4,258-4,535-5,397-5,154-4,518
  Dividend Payments-0.00----
  Buy Backs-0.00----

Risks for DAL

What is the probability of a big loss on DAL?

78.8%


Probability that Delta Air Lines stock will be more than 20% underwater in next one year

45%


Probability that Delta Air Lines stock will be more than 30% underwater in next one year.

19.6%


Probability that Delta Air Lines stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DAL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Delta Air Lines was unfortunately bought at previous high price.

Drawdowns

Returns for DAL

Cumulative Returns on DAL

8%


10-Year Cumulative Returns

-1.3%


7-Year Cumulative Returns

-7.6%


5-Year Cumulative Returns

11.9%


3-Year Cumulative Returns

What are the long-term rolling returns for DAL?

FIve years rolling returns for Delta Air Lines.

Annualized Returns

Which funds bought or sold DAL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Front Row Advisors LLC
unchanged
-
1,000
9,000
-%
2023-05-23
Toroso Investments, LLC
added
214
2,083,000
2,974,000
0.05%
2023-05-22
Arete Wealth Advisors, LLC
reduced
-0.03
-250,578,000
267,000
0.02%
2023-05-22
PUTNAM INVESTMENTS LLC
new
-
2,982,870
2,982,870
-%
2023-05-22
AMERIPRISE FINANCIAL INC
added
8.12
5,049,190
40,245,200
0.01%
2023-05-22
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
37,286
632,052
0.25%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-27,570
-
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-3.3
551,000
20,514,000
0.03%
2023-05-18
Harvest Portfolios Group Inc.
reduced
-9.47
-189,544
4,801,990
0.24%
2023-05-18
CENTAURUS FINANCIAL, INC.
added
26.86
86,000
333,000
0.03%

1–10 of 41

Latest Funds Activity

Are funds buying DAL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DAL
No. of Funds

Delta Air Lines News

msnNOW
Memorial Day weekend is a traveler's nightmare but it's a dream for ....
msnNOW,
17 hours ago
Nasdaq

Schedule 13G FIlings of Delta Air Lines

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.15%
71,496,733
SC 13G/A
Feb 01, 2023
blackrock inc.
5.9%
38,051,209
SC 13G/A
Feb 09, 2022
vanguard group inc
10.46%
66,966,728
SC 13G/A
Feb 01, 2022
blackrock inc.
6.0%
38,133,128
SC 13G/A
Feb 10, 2021
vanguard group inc
10.22%
65,199,619
SC 13G/A
Jan 29, 2021
blackrock inc.
5.6%
35,684,640
SC 13G/A
Oct 13, 2020
vanguard group inc
10.41%
66,379,398
SC 13G/A
May 07, 2020
berkshire hathaway inc
0%
0
SC 13G/A
May 07, 2020
berkshire hathaway inc
0%
0
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
11.0%
70,910,456
SC 13G/A

DAL Fair Value

Recent SEC filings of Delta Air Lines

View All Filings
Date Filed Form Type Document
May 25, 2023
PX14A6G
PX14A6G
May 23, 2023
8-K
Current Report
May 12, 2023
13F-HR
Fund Holdings Report
May 08, 2023
3
Insider Trading
Apr 28, 2023
8-K
Current Report
Apr 28, 2023
DEF 14A
DEF 14A
Apr 28, 2023
DEFA14A
DEFA14A
Apr 27, 2023
4
Insider Trading
Apr 24, 2023
4
Insider Trading
Apr 21, 2023
4
Insider Trading

Latest Insider Trading transactions for DAL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-26
Taylor David S
bought
164,125
32.825
5,000
-
2023-04-21
Taylor David S
bought
171,275
34.255
5,000
-
2023-04-19
Janki Daniel C.
acquired
-
-
38,270
evp & chief financial officer
2023-04-19
BELLEMARE ALAIN
acquired
-
-
41,750
evp & pres. - international
2023-04-17
HAUENSTEIN GLEN W
sold
-172,650
34.53
-5,000
president
2023-04-14
Taylor David S
bought
167,805
33.561
5,000
-
2023-02-28
Smith Joanne D
sold
-186,232
38.43
-4,846
evp & chief people officer
2023-02-27
HAUENSTEIN GLEN W
sold
-189,325
37.865
-5,000
president
2023-02-14
Samant Rahul D
sold
-508,844
38.772
-13,124
evp & chief info officer
2023-02-08
Samant Rahul D
sold (taxes)
-425,282
39.44
-10,783
evp & chief info officer

1–10 of 50

Edward H. Bastian
65535
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

DAL Income Statement

2023-03-31
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenue:  
Total operating revenue$ 12,759$ 9,348
Operating Expense:  
Salaries and related costs3,3862,826
Aircraft fuel and related taxes2,6762,092
Ancillary businesses and refinery1,1251,382
Contracted services1,010753
Pilot agreement and related expenses8640
Aircraft maintenance materials and outside repairs585465
Landing fees and other rents584504
Depreciation and amortization564506
Regional carrier expense559491
Passenger commissions and other selling expenses500312
Passenger service416275
Aircraft rent132122
Profit sharing720
Other563403
Total operating expense13,03610,131
Operating Loss(277)(783)
Non-Operating Expense:  
Interest expense, net(227)(274)
Gain/(loss) on investments, net122(147)
Loss on extinguishment of debt(22)(25)
Pension and related (expense)/benefit(61)73
Miscellaneous, net(41)(44)
Total non-operating expense, net(229)(417)
Loss Before Income Taxes(506)(1,200)
Income Tax Benefit143260
Net Loss$ (363)$ (940)
Basic Loss Per Share (USD per share)$ (0.57)$ (1.48)
Diluted Loss Per Share (USD per share)$ (0.57)$ (1.48)
Comprehensive Loss$ (316)$ (881)
Passenger  
Operating Revenue:  
Total operating revenue10,4116,907
Cargo  
Operating Revenue:  
Total operating revenue209289
Other  
Operating Revenue:  
Total operating revenue$ 2,139$ 2,152

DAL Balance Sheet

2023-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 3,215$ 3,266
Short-term investments3,3963,268
Accounts receivable, net of allowance for uncollectible accounts of $24 and $233,2243,176
Fuel, expendable parts and supplies inventories, net of allowance for obsolescence of $134 and $1361,3791,424
Prepaid expenses and other2,1871,877
Total current assets13,40113,011
Noncurrent Assets:  
Property and equipment, net of accumulated depreciation and amortization of $20,881 and $20,37033,24933,109
Operating lease right-of-use assets7,0677,036
Goodwill9,7539,753
Identifiable intangibles, net of accumulated amortization of $904 and $9025,9905,992
Equity investments2,2492,128
Deferred income taxes, net432325
Other noncurrent assets993934
Total noncurrent assets59,73359,277
Total assets73,13472,288
Current Liabilities:  
Current maturities of debt and finance leases2,1362,359
Current maturities of operating leases724714
Accounts payable4,7545,106
Accrued salaries and related benefits2,8283,288
Fuel card obligation1,1001,100
Other accrued liabilities2,0031,779
Total current liabilities28,41725,940
Noncurrent Liabilities:  
Debt and finance leases19,82320,671
Pension, postretirement and related benefits3,7303,707
Noncurrent operating leases6,8776,866
Other noncurrent liabilities3,6144,074
Total noncurrent liabilities38,45739,766
Commitments and Contingencies
Stockholders' Equity:  
Common stock at $0.0001 par value; 1,500,000,000 shares authorized, 653,855,351 and 651,800,786 shares issued00
Additional paid-in capital11,54411,526
Retained earnings8071,170
Accumulated other comprehensive loss(5,754)(5,801)
Treasury stock, at cost, 11,138,728 and 10,535,033 shares(337)(313)
Total stockholders' equity6,2606,582
Total liabilities and stockholders' equity73,13472,288
Air traffic  
Current Liabilities:  
Deferred revenue liability, current11,1878,160
Noncurrent Liabilities:  
Loyalty program deferred revenue 100
Loyalty program  
Current Liabilities:  
Deferred revenue liability, current3,6853,434
Noncurrent Liabilities:  
Loyalty program deferred revenue$ 4,413$ 4,448