Buyback yield (TTM)
N/A
Shareholder yield (TTM)
1.08%
5Y share count change
2.8%
Buyback spend (TTM)
N/A
Cumulative buybacks
$14.89B
Key takeaways
- Diluted share count is up 2.8% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- Cash buyback spend has compounded at -100.0% per year over the latest 5-year window.
- TTM repurchases used about 0% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Delta Air Lines (DAL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Delta Air Lines (DAL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Delta Air Lines (DAL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Delta Air Lines (DAL)
Latest: $0.00
Overview
2025's annual buyback spend for Delta Air Lines (DAL) came in at $0.00.
Delta Air Lines buyback spend compound annual growth for the 2020–2025 (5 years) window is -100.0%, with a net decline across the window.
Delta Air Lines buyback spend peaked at $2.60B in 2016; the latest annual figure is $0.00 in 2025 (100.0% below peak).
2016 marks the peak buyback spend at $2.60B, with the historical low of $0.00 recorded in 1990.
Delta Air Lines Buyback Spend 2025: $0.00
Delta Air Lines buyback spend in 2025 was $0.00.
Delta Air Lines Buyback Spend 2024: $0.00
Delta Air Lines buyback spend in 2024 was $0.00.
Delta Air Lines Buyback Spend 2023: $0.00
Delta Air Lines buyback spend in 2023 was $0.00.
Delta Air Lines Buyback Spend 2022: $0.00
Delta Air Lines buyback spend in 2022 was $0.00.
Delta Air Lines Buyback Spend 2021: $0.00
Delta Air Lines buyback spend in 2021 was $0.00.
See more financial history for Delta Air Lines (DAL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $0.00 | $0.00 | $0.00 | — | 0.65B | +0.9% | |
| 2024 | $0.00 | $0.00 | $0.00 | — | 0.65B | +0.8% | |
| 2023 | $0.00 | $0.00 | $0.00 | — | 0.64B | +0.3% | |
| 2022 | $0.00 | $150.00M | −$150.00M | — | 0.64B | 0.0% | |
| 2021 | $0.00 | $0.00 | $0.00 | — | 0.64B | +0.8% | |
| 2020 | $344.00M | $119.00M | $225.00M | 1.35% | 0.64B | -2.6% | |
| 2019 | $2.03B | $161.00M | $1.87B | 5.40% | 0.65B | -5.9% | |
| 2018 | $1.57B | $0.00 | $1.57B | 4.64% | 0.69B | -4.1% | |
| 2017 | $1.68B | $169.00M | $1.51B | 4.23% | 0.72B | -4.2% | |
| 2016 | $2.60B | $154.00M | $2.45B | 7.22% | 0.76B | -6.1% | |
| 2015 | $2.20B | $76.00M | $2.12B | 5.58% | 0.80B | -4.9% | |
| 2014 | $1.10B | $81.00M | $1.02B | 2.71% | 0.84B | -1.5% | |
| 2013 | $250.00M | $90.00M | $160.00M | 1.08% | 0.86B | +0.9% | |
| 2012 | $0.00 | $54.00M | −$54.00M | — | 0.85B | +0.7% | |
| 2011 | $0.00 | $72.00M | −$72.00M | — | 0.84B | +0.1% | |
| 2010 | $0.00 | $89.00M | −$89.00M | — | 0.84B | +1.9% | |
| 2009 | $0.00 | $108.00M | −$108.00M | — | 0.83B | +76.7% | |
| 2008 | $0.00 | $0.00 | $0.00 | — | 0.47B | +50.0% | |
| 2007 | $0.00 | $76.00M | −$76.00M | — | 0.31B | +58.8% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.20B | +21.7% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.16B | +27.2% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.13B | +2.9% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.12B | +0.1% | |
| 2002 | $42.00M | $0.00 | $42.00M | 1.49% | 0.12B | +0.1% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.12B | -5.1% | |
| 2000 | $502.00M | $0.00 | $502.00M | — | 0.13B | -14.3% | |
| 1999 | $885.00M | $0.00 | $885.00M | — | 0.15B | -2.6% | |
| 1998 | $885.00M | $0.00 | $885.00M | — | 0.16B | +106.2% | |
| 1997 | $354.00M | $0.00 | $354.00M | — | 0.08B | -26.7% | |
| 1996 | $379.00M | $0.00 | $379.00M | — | 0.10B | — | |
| 1995 | $66.00M | $0.00 | $66.00M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$0.00
- 2024$0.00
- 2023$0.00
- 2022$0.00
- 2021$0.00
- 2020$344.00M
- 2019$2.03B
- 2018$1.57B
- 2017$1.68B
- 2016$2.60B
- 2015$2.20B
- 2014$1.10B
- 2013$250.00M
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$42.00M
- 2001$0.00
- 2000$502.00M
- 1999$885.00M
- 1998$885.00M
- 1997$354.00M
- 1996$379.00M
- 1995$66.00M
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
Buybacks vs stock-based compensation for Delta Air Lines (DAL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Buybacks vs dividends (share of cash returned) for Delta Air Lines (DAL)
How Delta Air Lines splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Delta Air Lines, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $3.45B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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