Delta Air Lines profit margin DAL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 4.6%
- Operating margin, 12 months
- 7.4%
- Net margin on a year earlier
- −2.8 pts
- Peer median
- 10.6%
Over the twelve months to Sep 30, 2026, Delta Air Lines kept 4.6% of its revenue as net profit, with an operating margin of 7.4%.
Five years earlier its net margin was −0.3%.
The median for 10 industrial stocks of a similar size is 10.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 7.9% | 9.2% |
| FY2024 | 5.6% | 9.7% |
| FY2023 | 7.9% | 9.5% |
| FY2022 | 2.6% | 7.2% |
| FY2021 | 0.9% | 6.3% |
| FY2020 | −72.4% | −72.9% |
| FY2019 | 10.1% | 14.1% |
| FY2018 | 8.9% | 11.8% |
| FY2017 | 7.8% | 14.5% |
| FY2016 | 11.0% | 17.5% |
| FY2015 | 11.1% | 19.2% |
| FY2014 | 1.6% | 5.5% |
| FY2013 | 27.9% | 9.0% |
| FY2012 | 2.8% | 5.9% |
| FY2011 | 2.4% | 5.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 4.6% | −2.8 pts | 7.4% | |
| Q2 FY26 | 5.8% | −1.5 pts | 8.1% | |
| Q1 FY26 | 6.9% | +1.0 pts | 8.8% | |
| Q4 FY25 | 7.9% | +2.3 pts | 9.2% | |
| Q3 FY25 | 7.4% | −0.4 pts | 9.7% | |
| Q2 FY25 | 7.2% | −0.2 pts | 9.3% | |
| Q1 FY25 | 5.9% | −2.6 pts | 9.6% | |
| Q4 FY24 | 5.6% | −2.3 pts | 9.7% | |
| Q3 FY24 | 7.7% | +1.8 pts | 9.3% | |
| Q2 FY24 | 7.5% | +2.1 pts | 10.3% | |
| Q1 FY24 | 8.5% | +5.0 pts | 10.9% | |
| Q4 FY23 | 7.9% | +5.3 pts | 9.5% |
Against its peers
Companies in Industrials nearest Delta Air Lines' size, closest first, today.
| Company | Profit margin |
|---|---|
| DALDelta Air Lines | 4.6% |
| HONAHoneywell Aerospace | n/m |
| ROKRockwell Automation | 13.4% |
| LHXL3Harris Technologies | n/m |
| WCNWaste Connections | 10.9% |
| AMEAMETEK | 20.0% |
| CARRCarrier Global | 5.5% |
| WABWestinghouse Air Brake Technologies | 10.6% |
| PCARPACCAR | 9.0% |
| BEBloom Energy | 7.9% |
| FERGFerguson | n/m |
| Peer median | 10.6% |
Where Delta Air Lines ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Delta Air Lines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.