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Delta Air Lines, Inc.

DAL Consumer Discretionary Air Freight/Delivery Services
$79.26
▲ +3.4% Today
as of Oct 22, 16:47 ET
Last 30 days -0.68% Sep 14 → Oct 22
$73.81 $76.80 $79.78 $82.77 $85.76 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$75.63
High
$79.57
Low
$75.38
Volume
$7M
Avg Vol
$8M
Mkt Cap
$54.6B
P/E (TTM)
23.93
Beta
—
52w High
$95.68
52w Low
$55.03
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

mixed ▲ 0 ● 25 ▼ 0
Oct 22 · 07:13 Simply Wall St. neutral
Delta Air Lines Shares Rose Even As Profit Fell
Oct 21 · 03:24 RATING Simply Wall St. neutral
Delta Air Lines (DAL) Stock May Be Undervalued As Fuel Cost Pressure Bites
Oct 20 · 16:51 Trefis neutral
What Does Delta Stock's Winning Streak Really Prove?
▸ Show all 25 press releases & news Free account →

DAL earnings at a glance

The options market is pricing a move of about ±6.2% after the report, a range of roughly $74.34 to $84.18 from today's $79.26. Over its last 5 reports the stock rose the next day 3 times and fell 2, moving ±4.8% on average; after the most recent report on Jul 10, 2026 it moved -1.8%. That means options currently expect more movement than DAL has typically delivered. DAL beat the consensus EPS estimate in 5 of its last 5 reported quarters. Implied volatility is currently 53%. The share price of $79.26 sits in the middle of its 52-week range.

More Consumer Discretionary stocks · All stocks · Earnings calendar

Overview

52-week range
$55
$96
60% of range
Avg surprise (last 5)
+5.0%
Avg reaction (last 5)
+3.2%
60% positive
Latest IV / EM
53%
EM ±6.2% · $82 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.06$0.75$1.45$2.15$2.84 Actual $2.84Actual $1.72Actual $0.06Actual $2.01Actual $1.97Actual $0.37Actual $2.10Est $2.04Actual $1.71Est $1.52Actual $1.55Est $1.53Actual $0.64Est $0.61Actual $1.56Est $1.50Actual $1.15 JunSepMarJunSepMarJun/2025Sep/20258K8KJun/2026Sep
Revenue vs Net Income Revenue Net income
$-289M$5.1B$10.5B$15.8B$21.2B Mar 25Jun 25Sep 25Mar 26Jun 26Sep 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Sep 30, 2026Sep 2026 $1.15 — — — — financials
Fri Jul 10, 2026Jun/2026 $1.56 $1.50 +3.3% -28.6% -1.8% earnings
Wed Apr 8, 20268K 2026-04-08 $0.64 $0.61 +4.9% — +3.7% earnings
Tue Jan 13, 20268K 2026-01-13 $1.55 $1.53 +1.3% — -2.4% earnings
Thu Oct 9, 2025Sep/2025 $1.71 $1.52 +12.5% — +4.3% earnings
Thu Jul 10, 2025Jun/2025 $2.10 $2.04 +2.9% — +12.0% earnings
Mon Mar 31, 2025Mar 2025 $0.37 — — — — financials
Mon Sep 30, 2024Sep 2024 $1.97 — — — — financials
Sun Jun 30, 2024Jun 2024 $2.01 — — — — financials
Sun Mar 31, 2024Mar 2024 $0.06 — — — — financials
Sat Sep 30, 2023Sep 2023 $1.72 — — — — financials
Fri Jun 30, 2023Jun 2023 $2.84 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.57 — — — — financials

Financials

Income statement (quarterly)

MetricSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue$20.19B$19.76B$15.85B—$16.67B$16.65B$14.04B—
Cost of revenue————————
Gross profit————————
Operating income$1.45B$1.86B$501M—$1.68B$2.10B$569M—
Net income$756M$1.60B$-289M—$1.42B$2.13B$240M—
EPS (diluted)$1.15$2.44$-0.44—$2.17$3.27$0.37—

Balance sheet (quarterly)

MetricSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Cash & equivalents$3.79B$4.67B$5.05B$4.31B$3.79B$3.33B$3.71B$3.07B
Inventory————————
Total current assets$13.49B$14.24B$13.66B$10.97B$11.23B$10.98B$11.24B$9.84B
Total assets$86.05B$86.32B$84.43B$81.32B$79.62B$78.39B$77.34B$75.37B
Long-term debt$9.12B$10.10B$10.61B$11.94B$12.30B$12.40B$12.43B$13.55B
Total liabilities————————
Total equity$22.51B$21.82B$20.38B$20.85B$18.82B$17.44B$15.45B$15.29B

Implied volatility — last 90 days

34%41%49%56%64% Jun 07 — IV 49% · EM ±4.6%Jun 08 — IV 45% · EM ±3.8%Jun 09 — IV 48% · EM ±3.5%Jun 10 — IV 51% · EM ±3.0%Jun 11 — IV 64% · EM ±2.7%Jun 15 — IV 45% · EM ±3.3%Jun 16 — IV 48% · EM ±2.8%Jun 17 — IV 57% · EM ±2.4%Jun 19 — IV 42% · EM ±4.6%Jun 22 — IV 46% · EM ±3.8%Jun 23 — IV 47% · EM ±3.4%Jun 24 — IV 43% · EM ±2.5%Jun 25 — IV 44% · EM ±1.9%Jun 29 — IV 54% · EM ±9.6%Jun 30 — IV 51% · EM ±8.7%Jul 01 — IV 51% · EM ±8.4%Jul 02 — IV 51% · EM ±8.3%Jul 03 — IV 53% · EM ±8.3%Jul 06 — IV 59% · EM ±8.2%Jul 07 — IV 58% · EM ±7.6%Jul 08 — IV 61% · EM ±7.6%Jul 09 — IV 59% · EM ±6.9%Jul 13 — IV 46% · EM ±3.9%Jul 14 — IV 46% · EM ±3.3%Jul 15 — IV 53% · EM ±3.1%Jul 16 — IV 42% · EM ±1.8%Jul 20 — IV 44% · EM ±3.7%Jul 21 — IV 43% · EM ±3.1%Jul 22 — IV 46% · EM ±2.7%Jul 23 — IV 42% · EM ±1.8%Jul 27 — IV 45% · EM ±3.7%Jul 28 — IV 45% · EM ±3.2%Jul 29 — IV 61% · EM ±3.6%Jul 30 — IV 47% · EM ±2.0%Aug 03 — IV 42% · EM ±3.5%Aug 04 — IV 43% · EM ±3.1%Aug 05 — IV 41% · EM ±2.4%Aug 06 — IV 39% · EM ±1.6%Aug 10 — IV 36% · EM ±3.0%Aug 11 — IV 37% · EM ±2.7%Aug 12 — IV 38% · EM ±2.2%Aug 13 — IV 38% · EM ±1.6%Aug 17 — IV 37% · EM ±3.1%Aug 18 — IV 36% · EM ±2.6%Aug 19 — IV 34% · EM ±2.0%Aug 20 — IV 38% · EM ±1.6%Aug 24 — IV 38% · EM ±3.1%Aug 25 — IV 40% · EM ±2.9%Aug 26 — IV 42% · EM ±2.5%Aug 27 — IV 39% · EM ±1.6%Aug 31 — IV 35% · EM ±2.9%Sep 01 — IV 38% · EM ±2.8%Sep 02 — IV 34% · EM ±2.0%Sep 03 — IV 37% · EM ±1.6%Sep 07 — IV 37% · EM ±3.1%Sep 08 — IV 37% · EM ±2.7%Sep 09 — IV 38% · EM ±2.3%Sep 10 — IV 44% · EM ±1.8%Sep 14 — IV 45% · EM ±3.8%Sep 15 — IV 51% · EM ±3.7%Sep 16 — IV 49% · EM ±2.9%Sep 17 — IV 43% · EM ±1.8%Sep 21 — IV 41% · EM ±3.4%Sep 22 — IV 45% · EM ±3.2%Sep 23 — IV 42% · EM ±2.5%Sep 24 — IV 43% · EM ±1.8%Sep 28 — IV 52% · EM ±9.1%Sep 29 — IV 50% · EM ±8.7%Sep 30 — IV 49% · EM ±8.1%Oct 01 — IV 50% · EM ±8.0%Oct 02 — IV 48% · EM ±7.6%Oct 06 — IV 52% · EM ±6.9%Oct 07 — IV 53% · EM ±6.7%Oct 08 — IV 53% · EM ±6.2%

Sector peers

FDX
FedEx Corporation
$68.4B $303.92+1.7%
UAL
United Airlines Holdings, Inc.
$35.8B $102.00+4.3%
RYAAY
Ryanair Holdings plc
$27.9B $53.67-0.6%
LUV
Southwest Airlines Company
$20.4B $42.03+6.0%
LTM
LATAM Airlines Group S.A.
$13.7B $47.22-1.1%
AAL
American Airlines Group, Inc.
$8.5B $12.60+4.0%

DAL earnings FAQ

What is DAL's expected move for earnings?

Options currently price a move of about ±6.2%, or $4.92 per share either way from $79.26.

How does DAL stock usually react to earnings?

Across the last 5 reports the average next-day move was ±4.8%, up 3 times and down 2 times.

What is DAL's implied volatility?

DAL's at-the-money implied volatility is about 53% based on the latest options snapshot.

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