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Shares Outstanding for Delta Air Lines (DAL)

According to Delta Air Lines's latest reported financial statements, the company's latest reported diluted shares outstanding is 652.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

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

Latest period

652.00M

YoY change

+0.9%

5Y CAGR

+0.6%

Peak year (2013)

858.00M

Latest annual

654.00M

Shares Outstanding history chart for Delta Air Lines (DAL) from 1986 to 2025

Shares Outstanding history table for Delta Air Lines (DAL) from 1986 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
2025654.00M+0.9%
2024648.00M+0.8%
2023643.00M+0.3%
2022641.00M0.0%
2021641.00M+0.8%
2020636.00M-2.6%
2019653.00M-5.9%
2018694.00M-4.1%
2017723.48M-4.2%
2016755.00M-6.1%
2015804.00M-4.9%
2014845.00M-1.5%
2013858.00M+0.9%
2012850.00M+0.7%
2011844.00M+0.1%
2010843.00M+1.9%
2009827.00M+76.7%
2008468.00M+50.0%
2007311.92M+58.8%
2006196.49M+21.7%
2005161.52M+27.2%
2004127.03M+2.9%
2003123.44M+0.1%
2002123.28M+0.1%
2001123.12M-5.1%
2000129.78M-14.3%
1999151.39M-2.6%
1998155.42M+106.2%
199775.38M-26.7%
1996102.86M+1.8%
1995101.06M+0.5%
1994100.58M+0.9%
199399.66M+0.6%
199299.04M+11.7%
199188.63M-16.2%
1990105.76M+7.6%
198998.27M+0.9%
198897.40M+9.0%
198789.39M+11.5%
198680.17M

Shares Outstanding 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) diluted shares outstanding is 654.00M – edged up 0.9% year-over-year.

Over 2020–2025 (5 years), Delta Air Lines diluted shares outstanding expanded at a +0.6% compound annual rate, sustaining 3 straight years of year-over-year growth.

Delta Air Lines diluted shares outstanding declined from 858.00M in 2013 to 654.00M in 2025, a 23.8% drawdown.

Across the available history, diluted shares outstanding reached its high of 858.00M in 2013 and its low of 75.38M in 1997.

Among 8 Industrials peers, Delta Air Lines (DAL) ranks 4th; the peer median for diluted shares outstanding is 618.15M.

Delta Air Lines Shares Outstanding by Year

Delta Air Lines Shares Outstanding 2025: 654.00M

Delta Air Lines diluted shares outstanding in 2025 was 654.00M, edged up 0.9% from 2024.

Delta Air Lines Shares Outstanding 2024: 648.00M

Delta Air Lines diluted shares outstanding in 2024 was 648.00M, edged up 0.8% from 2023.

Delta Air Lines Shares Outstanding 2023: 643.00M

Delta Air Lines diluted shares outstanding in 2023 was 643.00M, edged up 0.3% from 2022.

Delta Air Lines Shares Outstanding 2022: 641.00M

Delta Air Lines diluted shares outstanding in 2022 was 641.00M, edged up 0.0% from 2021.

Delta Air Lines Shares Outstanding 2021: 641.00M

Delta Air Lines diluted shares outstanding in 2021 was 641.00M.

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

Sector peers — Shares Outstanding

Companies in the same sector as Delta Air Lines, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
RTX Corporation (RTX)1.36BIndustrials
GE Aerospace (GE)1.07BIndustrials
The Boeing Company (BA)762.30MIndustrials
Honeywell International Inc. (HON)642.80MIndustrials
Union Pacific Corporation (UNP)593.50MIndustrials
Caterpillar Inc. (CAT)469.00MIndustrials
Eaton Corporation plc (ETN)389.50MIndustrials
Deere & Company (DE)271.70MIndustrials

Frequently asked questions

What is Delta Air Lines's diluted shares outstanding?

Latest reported diluted shares outstanding for Delta Air Lines (DAL) is 652.00M (period ending March 31, 2026).

How has Delta Air Lines diluted shares outstanding changed year-over-year?

Delta Air Lines (DAL) diluted shares outstanding changed +0.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Delta Air Lines diluted shares outstanding?

Delta Air Lines (DAL) diluted shares outstanding compound annual growth rate is +0.6% over the most recent 5 years available.

When did Delta Air Lines diluted shares outstanding hit its highest annual value?

Delta Air Lines diluted shares outstanding reached its highest annual value of 858.00M in 2013.

What was Delta Air Lines diluted shares outstanding in 2024?

Delta Air Lines (DAL) diluted shares outstanding in 2024 was 648.00M.

What was Delta Air Lines diluted shares outstanding in 2025?

Delta Air Lines (DAL) diluted shares outstanding in 2025 was 654.00M.

Metrics overview

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