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EBITDA Margin for Delta Air Lines (DAL)

As of · Reported

Metric

TTM

14.8%

YoY change

−0.17pp

Trough year (2020)

-72.2%

Peak year (1999)

85.1%

EBITDA Margin history chart for Delta Air Lines (DAL) from 1986 to 2025

Latest: 12.7%

EBITDA Margin change chart for Delta Air Lines (DAL) from 1986 to 2025

Latest: −0.17pp

EBITDA Margin history table for Delta Air Lines (DAL) from 1986 to 2025

  • 202512.7%-0.17pp
  • 202412.8%-2.29pp
  • 202315.1%+5.15pp
  • 202210.0%-2.31pp
  • 202112.3%+84.51pp
  • 2020-72.2%-91.54pp
  • 201919.3%+1.78pp
  • 201817.5%-2.20pp
  • 201719.7%-2.18pp
  • 201621.9%-1.36pp
  • 201523.3%+14.62pp
  • 20148.7%-4.68pp
  • 201313.3%+3.53pp
  • 20129.8%+0.16pp
  • 20119.6%-0.76pp
  • 201010.4%+7.33pp
  • 20093.1%+34.31pp
  • 2008-31.2%-46.72pp
  • 200715.5%+7.88pp
  • 20067.6%+12.03pp
  • 2005-4.4%+9.13pp
  • 2004-13.5%-16.66pp
  • 20033.1%+4.03pp
  • 2002-0.9%+1.38pp
  • 2001-2.3%-19.17pp
  • 200016.9%-68.24pp
  • 199985.1%+66.40pp
  • 199818.7%+1.71pp
  • 199717.0%-62.90pp
  • 199679.9%-1.34pp
  • 199581.2%-2.45pp
  • 199483.7%+11.36pp
  • 199372.3%+81.26pp
  • 1992-8.9%+1.61pp
  • 1991-10.5%-0.61pp
  • 1990-9.9%-19.38pp
  • 19899.5%-3.29pp
  • 198812.8%+1.55pp
  • 198711.2%-3.27pp
  • 198614.5%—

EBITDA Margin values are taken from Delta Air Lines's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Delta Air Lines (DAL)

According to Delta Air Lines's latest reported financial statements, the company's latest reported EBITDA margin is 14.8%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual EBITDA margin for Delta Air Lines (DAL) came in at 12.68% – contracted 0.2 percentage points year-over-year.

85.11% stands as the all-time-high annual EBITDA margin, posted in 1999, against a low of -72.22% during 2020.

Delta Air Lines EBITDA Margin by Year

Delta Air Lines EBITDA Margin 2025: 12.7%

Delta Air Lines posted EBITDA margin of 12.68% in 2025, contracted 0.2 percentage points from 2024.

Delta Air Lines EBITDA Margin 2024: 12.8%

In 2024, Delta Air Lines reported EBITDA margin of 12.84%, contracted 2.3 percentage points from 2023.

Delta Air Lines EBITDA Margin 2023: 15.1%

Delta Air Lines EBITDA margin in 2023 was 15.13%, expanded 5.1 percentage points from 2022.

Delta Air Lines EBITDA Margin 2022: 10.0%

2022's EBITDA margin for Delta Air Lines came in at 9.98%, contracted 2.3 percentage points from 2021.

Delta Air Lines EBITDA Margin 2021: 12.3%

Delta Air Lines EBITDA margin in 2021 was 12.29%.

See more financial history for Delta Air Lines (DAL).

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