Capital Expenditures for Delta Air Lines (DAL)
According to Delta Air Lines's latest reported financial statements, the company's current capital expenditures (TTM) is $4.48B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.48B
YoY change
-12.4%
5Y CAGR
+18.8%
Peak year (2022)
$6.37B
Cumulative capital expenditures
$88.39B
CapEx history chart for Delta Air Lines (DAL) from 1990 to 2025
CapEx history table for Delta Air Lines (DAL) from 1990 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $4.50B | -12.4% | ||
| 2024 | $5.14B | -3.4% | ||
| 2023 | $5.32B | -16.4% | ||
| 2022 | $6.37B | +96.1% | ||
| 2021 | $3.25B | +71.0% | ||
| 2020 | $1.90B | -61.5% | ||
| 2019 | $4.94B | -4.5% | ||
| 2018 | $5.17B | +32.8% | ||
| 2017 | $3.89B | +14.7% | ||
| 2016 | $3.39B | +15.1% | ||
| 2015 | $2.94B | +30.9% | ||
| 2014 | $2.25B | -12.4% | ||
| 2013 | $2.57B | +30.5% | ||
| 2012 | $1.97B | +56.9% | ||
| 2011 | $1.25B | -6.6% | ||
| 2010 | $1.34B | +11.6% | ||
| 2009 | $1.20B | -21.0% | ||
| 2008 | $1.52B | +44.8% | ||
| 2007 | $1.05B | +154.5% | ||
| 2006 | $413.00M | -49.3% | ||
| 2005 | $814.00M | +7.1% | ||
| 2004 | $760.00M | +2.2% | ||
| 2003 | $744.00M | -42.1% | ||
| 2002 | $1.29B | -54.0% | ||
| 2001 | $2.79B | -31.2% | ||
| 2000 | $4.06B | +44.0% | ||
| 1999 | $2.82B | +23.0% | ||
| 1998 | $2.29B | +17.6% | ||
| 1997 | $1.95B | +108.1% | ||
| 1996 | $936.00M | +49.5% | ||
| 1995 | $626.00M | -48.0% | ||
| 1994 | $1.21B | -14.7% | ||
| 1993 | $1.41B | -43.0% | ||
| 1992 | $2.48B | +15.7% | ||
| 1991 | $2.14B | +26.9% | ||
| 1990 | $1.69B | — |
CapEx values are taken from Delta Air Lines's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Delta Air Lines (DAL) capital expenditures totalled $4.50B – declined 12.4% year-over-year.
Through 2020–2025 (5 years), Delta Air Lines capital expenditures delivered a +18.8% annualised rate; with the latest reading among the more recent periods of the dataset.
Delta Air Lines capital expenditures peaked at $6.37B in 2022; the latest annual figure is $4.50B in 2025 (29.3% below peak).
The dataset's maximum capital expenditures sits at $6.37B (2022); the minimum reading of $413.00M dates to 2006.
Within Industrials, Delta Air Lines (DAL) ranks 1st among 8 peers we track. The peer median for capital expenditures is $2.05B.
Delta Air Lines Capital Expenditures by Year
Delta Air Lines Capital Expenditures 2025: $4.50B
Delta Air Lines capital expenditures in 2025 was $4.50B, declined 12.4% below 2024.
Delta Air Lines Capital Expenditures 2024: $5.14B
Delta Air Lines capital expenditures in 2024 was $5.14B, edged down 3.4% below 2023.
Delta Air Lines Capital Expenditures 2023: $5.32B
Delta Air Lines capital expenditures in 2023 was $5.32B, declined 16.4% below 2022.
Delta Air Lines Capital Expenditures 2022: $6.37B
Delta Air Lines capital expenditures in 2022 was $6.37B, surged 96.1% from 2021. This figure represents the highest annual value in the available history.
Delta Air Lines Capital Expenditures 2021: $3.25B
Delta Air Lines capital expenditures in 2021 was $3.25B.
See more financial history for Delta Air Lines (DAL).
Sector peers — CapEx
Companies in the same sector as Delta Air Lines, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is Delta Air Lines's capital expenditures?
- Latest reported capital expenditures for Delta Air Lines (DAL) is $4.48B (period ending March 31, 2026).
How has Delta Air Lines capital expenditures changed year-over-year?
- Delta Air Lines (DAL) capital expenditures changed -12.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Delta Air Lines capital expenditures?
- Delta Air Lines (DAL) capital expenditures compound annual growth rate is +18.8% over the most recent 5 years available.
When did Delta Air Lines capital expenditures hit its highest annual value?
- Delta Air Lines capital expenditures reached its highest annual value of $6.37B in 2022.
What was Delta Air Lines capital expenditures in 2024?
- Delta Air Lines (DAL) capital expenditures in 2024 was $5.14B.
What was Delta Air Lines capital expenditures in 2025?
- Delta Air Lines (DAL) capital expenditures in 2025 was $4.50B.
Metrics overview
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