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Delta Air Lines stock: key metrics
DALDelta Air Lines had an operating margin of 9.2% and a return on invested capital (ROIC) of 13% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 12 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 0.0% | 0.3% | −35.4% |
| 2007 | 52.1% | 15.9% | 8.4% |
| 2008 | 39.1% | 5.3% | −39.3% |
| 2009 | 46.4% | 5.8% | −4.4% |
| 2010 | 23.2% | 7.0% | 1.9% |
| 2011 | 20.4% | 5.6% | 2.4% |
| 2012 | 20.1% | 5.9% | 2.8% |
| 2013 | 22.7% | 9.0% | 27.9% |
| 2014 | 20.2% | 5.5% | 1.6% |
| 2015 | 32.8% | 19.2% | 11.1% |
| 2016 | 31.1% | 17.7% | 10.6% |
| 2017 | 28.0% | 14.5% | 7.8% |
| 2018 | 25.0% | 11.8% | 8.9% |
| 2019 | 28.9% | 14.1% | 10.1% |
| 2020 | −25.6% | −72.9% | −72.4% |
| 2021 | 7.1% | 6.3% | 0.9% |
| 2022 | 22.1% | 7.2% | 2.6% |
| 2023 | 26.7% | 9.5% | 7.9% |
| 2024 | 26.9% | 9.7% | 5.6% |
| 2025 | 22.8% | 9.2% | 7.9% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 45.6% | 0.3% | −31.6% |
| 2007 | 15.9% | 90.7% | 6.6% |
| 2008 | −100.0% | 6.0% | −19.8% |
| 2009 | −100.0% | 7.7% | −2.8% |
| 2010 | 66.1% | 15.2% | 1.4% |
| 2011 | −61.2% | 18.5% | 2.0% |
| 2012 | −47.3% | 26.8% | 2.3% |
| 2013 | 90.5% | 25.8% | 20.2% |
| 2014 | 7.5% | 7.9% | 1.2% |
| 2015 | 41.7% | 31.8% | 8.5% |
| 2016 | 34.1% | 28.8% | 8.2% |
| 2017 | 25.6% | 19.8% | 6.0% |
| 2018 | 28.7% | 17.0% | 6.5% |
| 2019 | 31.0% | 17.4% | 7.4% |
| 2020 | −100.0% | −37.4% | −17.2% |
| 2021 | 7.2% | 5.3% | 0.4% |
| 2022 | 20.0% | 8.7% | 1.8% |
| 2023 | 41.5% | 13.9% | 6.3% |
| 2024 | 22.6% | 12.8% | 4.6% |
| 2025 | 24.1% | 13.0% | 6.2% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.