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Operating Income for Delta Air Lines (DAL)

According to Delta Air Lines's latest reported financial statements, the company's current operating income (TTM) is $5.75B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$5.75B

YoY change

-2.9%

5Y CAGR

N/A

Peak year (1999)

$11.71B

Cumulative operating income

$107.92B

Operating Income history chart for Delta Air Lines (DAL) from 1986 to 2025

Operating Income history table for Delta Air Lines (DAL) from 1986 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$5.82B-2.9%
2024$6.00B+8.6%
2023$5.52B+50.8%
2022$3.66B+94.1%
2021$1.89B-115.1%
2020-$12.47B-288.4%
2019$6.62B+25.7%
2018$5.26B-11.8%
2017$5.97B-14.7%
2016$7.00B-10.3%
2015$7.80B+253.7%
2014$2.21B-35.1%
2013$3.40B+56.3%
2012$2.17B+10.1%
2011$1.98B-10.9%
2010$2.22B+35.1%
2009$1.64B+37.3%
2008$1.20B-60.7%
2007$3.04B+5137.9%
2006$58.00M-102.9%
2005-$2.00B-39.5%
2004-$3.31B+321.4%
2003-$785.00M-40.0%
2002-$1.31B-18.3%
2001-$1.60B-197.9%
2000$1.64B-86.0%
1999$11.71B+526.0%
1998$1.87B+10.4%
1997$1.69B-83.4%
1996$10.23B+7.7%
1995$9.50B-0.3%
1994$9.53B+1.2%
1993$9.41B-2009.5%
1992-$492.90M-27.0%
1991-$674.90M+50.0%
1990-$450.00M-207.3%
1989$419.50M-38.2%
1988$678.30M+36.5%
1987$497.10M+22.9%
1986$404.60M

Operating Income 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

The 2025 reading of Delta Air Lines (DAL) operating income is $5.82B – edged down 2.9% year-over-year.

Over 2015–2025 (10 years), Delta Air Lines operating income expanded at a -2.9% compound annual rate, with a net decline across the window.

Between 1999 and 2025, Delta Air Lines operating income plunged 50.3%, falling from $11.71B to $5.82B.

1999 marks the peak operating income at $11.71B, with the historical low of -$12.47B recorded in 2020.

Delta Air Lines (DAL) sits 7th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.

Delta Air Lines Operating Income by Year

Delta Air Lines Operating Income 2025: $5.82B

Delta Air Lines operating income in 2025 was $5.82B, edged down 2.9% below 2024.

Delta Air Lines Operating Income 2024: $6.00B

Delta Air Lines operating income in 2024 was $6.00B, grew 8.6% from 2023.

Delta Air Lines Operating Income 2023: $5.52B

Delta Air Lines operating income in 2023 was $5.52B, surged 50.8% from 2022.

Delta Air Lines Operating Income 2022: $3.66B

Delta Air Lines operating income in 2022 was $3.66B, surged 94.1% from 2021.

Delta Air Lines Operating Income 2021: $1.89B

Delta Air Lines operating income in 2021 was $1.89B.

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

Sector peers — Operating Income

Companies in the same sector as Delta Air Lines, ranked by their latest operating income.

CompanyOperating IncomeSector
Caterpillar Inc. (CAT)$11.21BIndustrials
Union Pacific Corporation (UNP)$9.84BIndustrials
RTX Corporation (RTX)$8.89BIndustrials
GE Aerospace (GE)$8.77BIndustrials
Deere & Company (DE)$8.42BIndustrials
Honeywell International Inc. (HON)$6.57BIndustrials
Eaton Corporation plc (ETN)$5.23BIndustrials
The Boeing Company (BA)-$5.42BIndustrials

Frequently asked questions

What is Delta Air Lines's operating income?

Latest reported operating income for Delta Air Lines (DAL) is $5.75B (period ending March 31, 2026).

How has Delta Air Lines operating income changed year-over-year?

Delta Air Lines (DAL) operating income changed -2.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Delta Air Lines operating income?

Delta Air Lines (DAL) operating income compound annual growth rate is -2.9% over the most recent 10 years available.

When did Delta Air Lines operating income hit its highest annual value?

Delta Air Lines operating income reached its highest annual value of $11.71B in 1999.

What was Delta Air Lines operating income in 2024?

Delta Air Lines (DAL) operating income in 2024 was $6.00B.

What was Delta Air Lines operating income in 2025?

Delta Air Lines (DAL) operating income in 2025 was $5.82B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.