Why did Delta Air Lines (DAL) stock move recently?

On 7/28/2026, Delta Air Lines moved +3.1% — Delta shares rose with the broader airline sector as oil prices retreated and on JetBlue's Q2 earnings beat plus reinstated outlook and 2028 profit target, which lifted peers including Delta, United, and Southwest. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Delta Air Lines (DAL) overvalued or fairly valued?

MarketChacha shows Delta Air Lines's valuation in context — a trailing P/E of about 10.5, a forward P/E of about 10.6, a price-to-book of about 2.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Delta Air Lines's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.75×) from reported figures — education, not a rating.

What is Delta Air Lines's revenue?

Delta Air Lines reported revenue of $63.4B for FY2025, with net profit of $5.0B, per official filings.

What is the share price of Delta Air Lines (DAL)?

Delta Air Lines last traded at $77.82 (+4.3% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Delta Air Lines

DAL · NYSE · Industrials · United States

Snapshot

TickerDAL

ExchangeNYSE

SectorIndustrials

IndustryAirlines

CountryUnited States

Employees100,000

HeadquartersAtlanta, United States

Websitewww.delta.com

Filings tracked18

About Delta Air Lines

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, Detroit, Minneapolis-St. Paul, 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, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Who owns it

Insiders9.2%
Institutions80.5%
Public & other10.3%

1,936 institutional holders

Ownership breakdown from public market data.

Top holders

Berkshire Hathaway, Inc8.71%
Blackrock Inc.6.86%
Vanguard Capital Management LLC6.28%
FMR, LLC5.04%
Sanders Capital, LLC4.43%
Vanguard Portfolio Management LLC4.00%
State Street Corporation3.67%
Capital International Investors3.14%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.75×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend7.9% → 7.9%

Margin has held broadly steady over the period — stable profitability.

Return on equity24.0%

Latest ROE of 24.0% — capital is generating a healthy return.

Growth qualityrev 4% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $17.2B · EPS 0.52

Est. earnings growth -18.1%

Next fiscal year

Rev $77.3B · EPS 7.33

Est. earnings growth +35.4%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$63.4B

Net margin

7.9%

ROE

24.0%

Revenue CAGR (2y)

+4.5%

Profit CAGR (2y)

+4.2%

EPS (FY2025)

7.66

Net profit (FY2025)

$5.0B

Ask MarketChacha about DAL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 28, 2026
Delta shares rose with the broader airline sector as oil prices retreated and on JetBlue's Q2 earnings beat plus reinstated outlook and 2028 profit target, which lifted peers including Delta, United, and Southwest.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 24, 2026
DAL rose with the broader airline sector after recent fuel-cost pressure on peers like American Airlines, supported by Delta's affirmed full-year 2026 earnings guidance and revenue outlook from its July 10 earnings release.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$63.4B	$5.0B	7.66	7.9%	24.0%
FY2024	$61.6B	$3.5B	5.33	5.6%	22.6%
FY2023	$58.0B	$4.6B	7.17	7.9%	41.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$19.8B	$1.6B	2.44	8.1%
2026Q1	$15.9B	$-289.0M	-0.44	-1.8%
2025Q3	$16.7B	$1.4B	2.17	8.5%
2025Q2	$16.6B	$2.1B	3.27	12.8%
2025Q1	$14.0B	$240.0M	0.37	1.7%
2024Q3	$15.7B	$1.3B	1.97	8.1%
2024Q2	$16.7B	$1.3B	2.01	7.8%
2024Q1	$13.7B	$37.0M	0.06	0.3%
2023Q3	$15.5B	$1.1B	1.72	7.2%
2023Q2	$15.6B	$1.8B	2.84	11.7%
2023Q1	$12.8B	$-363.0M	-0.57	-2.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/10/2026material
10-Q filing
SEC7/10/2026
8-K — Shareholder vote results
SEC6/22/2026material
8-K — Material agreement, Material financial obligation
SEC6/12/2026material
8-K — Results of operations, Exhibits
SEC4/8/2026material
10-Q filing
SEC4/8/2026
8-K — Reg FD disclosure, Exhibits
SEC3/17/2026material
8-K — Executive/director change, Exhibits
SEC3/5/2026material
8-K — Executive/director change
SEC2/13/2026material
10-K filing
SEC2/11/2026
8-K — Material agreement
SEC1/27/2026material
8-K — Material agreement, Results of operations, Exhibits
SEC1/13/2026material

2025

8-K — Executive/director change, Exhibits
SEC12/17/2025material
8-K — Reg FD disclosure
SEC12/3/2025material
8-K — Results of operations, Exhibits
SEC10/9/2025material
10-Q filing
SEC10/9/2025
8-K — Material agreement, Material financial obligation
SEC9/30/2025material
8-K — Reg FD disclosure
SEC9/11/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.