Delta Air Lines (DAL)
(Real Time Quote from BATS)
$48.09 USD
+0.15 (0.31%)
Updated Apr 25, 2024 11:04 AM ET
3-Hold of 5 3
A Value C Growth D Momentum B VGM
Company Summary
Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of mergers in the industry during the early part of this century.
Delta, the second airline company to have joined the coveted S&P 500 Index, commands more than 17% share of the domestic market. Bulk of this Atlanta-GA based carrier’s revenues are recognized from its airline segment. Evidently, 94.2% of the $58.05-billion amount generated in 2023 came from this unit. Balance ...
Company Summary
Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of mergers in the industry during the early part of this century.
Delta, the second airline company to have joined the coveted S&P 500 Index, commands more than 17% share of the domestic market. Bulk of this Atlanta-GA based carrier’s revenues are recognized from its airline segment. Evidently, 94.2% of the $58.05-billion amount generated in 2023 came from this unit. Balance is represented by the refinery segment, which operates for the benefit of the airline division by providing it with jet fuel from its own production and agreements with third parties.
With air-travel demand buoyant, passenger revenues increased 22% year over year in 2023 to $48.9 billion. Passenger revenues accounted for the bulk (84.2%) of the top line in 2023. Cargo revenues contributed 1.2% while the rest came from other sources.
Passenger revenues come from three sources, such as ticket sales, loyalty travel awards and travel-related services. In 2023, 89.1% of passenger revenues were recorded from ticket sales. Loyalty travel awards and travel-related services reflected 7.1% and 3.8% of passenger revenues, respectively, in 2023.
Geographically, passenger revenues are generated by domestic operations apart from international operations in the Atlantic, Latin America and the Pacific region. In 2023, 69.5% of passenger revenues was derived from domestic activities. Domestic passenger revenues increased 12% year over year in 2023.
Delta's international operations were up significantly on a year-over-year basis in 2023. Operations in the Atlantic, Latin American and the Pacific regions accounted for 18.5%, 7.6% and 4.4% of 2023’s passenger revenues, respectively.
The removal of COVID-19- related restrictions buoyed air-travel. Delta has hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle and Seoul-Incheon. As of Dec 31, 2023, Delta's fleet included roughly 1,273 aircraft. Delta aims to retire certain planes. The new jets are 25% more fuel-efficient on an average per seat mile.
The company's fiscal year coincides with the calendar year.
General Information
Delta Air Lines, Inc
1030 DELTA BOULEVARD JACKSON ATLANTA INTL AIRPORT
ATLANTA, GA 30320
Phone: 404-715-2600
Fax: 404-715-5042
Web: http://www.delta.com
Email: investorrelations@delta.com
Industry | Transportation - Airline |
Sector | Transportation |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/11/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.36 |
Current Year EPS Consensus Estimate | 6.58 |
Estimated Long-Term EPS Growth Rate | 10.30 |
Exp Earnings Date | 7/11/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 47.94 |
52 Week High | 49.81 |
52 Week Low | 30.60 |
Beta | 1.43 |
20 Day Moving Average | 12,322,551.00 |
Target Price Consensus | 58.06 |
4 Week | 1.33 |
12 Week | 22.48 |
YTD | 19.17 |
4 Week | 4.87 |
12 Week | 17.03 |
YTD | 12.07 |
Shares Outstanding (millions) | 645.31 |
Market Capitalization (millions) | 30,936.27 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.83% |
Annual Dividend | $0.40 |
Payout Ratio | 0.06 |
Change in Payout Ratio | -0.01 |
Last Dividend Payout / Amount | 2/23/2024 / $0.10 |
Fundamental Ratios
P/E (F1) | 7.29 |
Trailing 12 Months | 7.44 |
PEG Ratio | 0.71 |
vs. Previous Year | 80.00% |
vs. Previous Quarter | -64.84% |
vs. Previous Year | 7.75% |
vs. Previous Quarter | -3.34% |
Price/Book | 2.77 |
Price/Cash Flow | 4.85 |
Price / Sales | 0.52 |
3/31/24 | 41.89 |
12/31/23 | 46.35 |
9/30/23 | 54.95 |
3/31/24 | 5.61 |
12/31/23 | 5.48 |
9/30/23 | 5.67 |
3/31/24 | 0.41 |
12/31/23 | 0.39 |
9/30/23 | 0.44 |
3/31/24 | 0.36 |
12/31/23 | 0.34 |
9/30/23 | 0.39 |
3/31/24 | 7.02 |
12/31/23 | 6.93 |
9/30/23 | 7.24 |
3/31/24 | 8.48 |
12/31/23 | 7.94 |
9/30/23 | 5.94 |
3/31/24 | 10.56 |
12/31/23 | 9.66 |
9/30/23 | 7.77 |
3/31/24 | 17.28 |
12/31/23 | 17.26 |
9/30/23 | 14.34 |
3/31/24 | 27.34 |
12/31/23 | 27.23 |
9/30/23 | 25.90 |
3/31/24 | 1.48 |
12/31/23 | 1.54 |
9/30/23 | 1.90 |
3/31/24 | 59.75 |
12/31/23 | 60.59 |
9/30/23 | 65.52 |