EBITDA for Delta Air Lines (DAL)
According to Delta Air Lines's latest reported financial statements, the company's current EBITDA (TTM) is $9.66B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$9.66B
YoY change
+1.4%
5Y CAGR
N/A
Peak year (1999)
$12.67B
Cumulative EBITDA
$139.13B
EBITDA history chart for Delta Air Lines (DAL) from 1986 to 2025
EBITDA history table for Delta Air Lines (DAL) from 1986 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $8.03B | +1.4% | ||
| 2024 | $7.92B | -9.8% | ||
| 2023 | $8.78B | +73.9% | ||
| 2022 | $5.05B | +37.4% | ||
| 2021 | $3.67B | -129.8% | ||
| 2020 | -$12.35B | -236.0% | ||
| 2019 | $9.08B | +16.5% | ||
| 2018 | $7.79B | -4.0% | ||
| 2017 | $8.12B | -6.1% | ||
| 2016 | $8.64B | -8.8% | ||
| 2015 | $9.47B | +171.2% | ||
| 2014 | $3.49B | -30.7% | ||
| 2013 | $5.04B | +40.1% | ||
| 2012 | $3.60B | +6.2% | ||
| 2011 | $3.39B | +2.5% | ||
| 2010 | $3.30B | +282.9% | ||
| 2009 | $863.00M | -112.2% | ||
| 2008 | -$7.09B | -339.0% | ||
| 2007 | $2.97B | +122.3% | ||
| 2006 | $1.33B | -283.2% | ||
| 2005 | -$728.00M | -64.7% | ||
| 2004 | -$2.06B | -563.8% | ||
| 2003 | $445.00M | -447.7% | ||
| 2002 | -$128.00M | -59.9% | ||
| 2001 | -$319.00M | -111.3% | ||
| 2000 | $2.82B | -77.7% | ||
| 1999 | $12.67B | +363.8% | ||
| 1998 | $2.73B | +13.6% | ||
| 1997 | $2.40B | -77.9% | ||
| 1996 | $10.86B | +7.3% | ||
| 1995 | $10.12B | -0.9% | ||
| 1994 | $10.21B | +16.8% | ||
| 1993 | $8.74B | -916.9% | ||
| 1992 | -$1.07B | -6.3% | ||
| 1991 | -$1.14B | +25.5% | ||
| 1990 | -$909.20M | -211.9% | ||
| 1989 | $812.60M | -21.3% | ||
| 1988 | $1.03B | +33.2% | ||
| 1987 | $775.10M | +0.7% | ||
| 1986 | $770.00M | — |
EBITDA values are taken from Delta Air Lines's reported income 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
2025's annual EBITDA for Delta Air Lines (DAL) came in at $8.03B – edged up 1.4% year-over-year.
Through 2015–2025 (10 years), Delta Air Lines EBITDA delivered a -1.6% annualised rate; with a net decline across the window.
Delta Air Lines EBITDA plunged from $12.67B in 1999 to $8.03B in 2025, a 36.6% drawdown.
The highest annual EBITDA of $12.67B was reported in 1999. The lowest in the available history was -$12.35B in 2020.
Within Industrials, Delta Air Lines (DAL) ranks 7th among 8 peers we track. The peer median for EBITDA is $11.86B.
Delta Air Lines EBITDA by Year
Delta Air Lines EBITDA 2025: $8.03B
Delta Air Lines EBITDA in 2025 was $8.03B, edged up 1.4% from 2024.
Delta Air Lines EBITDA 2024: $7.92B
Delta Air Lines EBITDA in 2024 was $7.92B, declined 9.8% below 2023.
Delta Air Lines EBITDA 2023: $8.78B
Delta Air Lines EBITDA in 2023 was $8.78B, surged 73.9% from 2022.
Delta Air Lines EBITDA 2022: $5.05B
Delta Air Lines EBITDA in 2022 was $5.05B, surged 37.4% from 2021.
Delta Air Lines EBITDA 2021: $3.67B
Delta Air Lines EBITDA in 2021 was $3.67B.
See more financial history for Delta Air Lines (DAL).
Sector peers — EBITDA
Companies in the same sector as Delta Air Lines, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Delta Air Lines's EBITDA?
- Latest reported EBITDA for Delta Air Lines (DAL) is $9.66B (period ending March 31, 2026).
How has Delta Air Lines EBITDA changed year-over-year?
- Delta Air Lines (DAL) EBITDA changed +1.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Delta Air Lines EBITDA?
- Delta Air Lines (DAL) EBITDA compound annual growth rate is -1.6% over the most recent 10 years available.
When did Delta Air Lines EBITDA hit its highest annual value?
- Delta Air Lines EBITDA reached its highest annual value of $12.67B in 1999.
What was Delta Air Lines EBITDA in 2024?
- Delta Air Lines (DAL) EBITDA in 2024 was $7.92B.
What was Delta Air Lines EBITDA in 2025?
- Delta Air Lines (DAL) EBITDA in 2025 was $8.03B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
DAL Overview
Company profile, financial tools, and key metrics
DAL Revenue Counter
Earns $2,067 every second. See per minute, hour, and day.
DAL Earnings Counter
Earns $141.96 per second net profit. See per minute, hour, and day.
DAL Economic Scale
Exceeds Bolivia's GDP. Compare with world economies.
DAL What If Invested
What if you had invested $1,000? See historical returns from any date.
DAL How It Makes Money
Discover visual breakdown of $65.18B in revenue — where it comes from and where it goes.
DAL Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
DAL Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
DAL Daily Price Character
Explosive · 50.7% historical win rate (green days). Streaks & record days.
DAL Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
DAL Dividend Profile
Yield: 1.08%. Safety: 4/8. See full history.
DAL Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
DAL Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.