Event-Driven Stocks

DELTA AIR LINES, INC.

DALNYSE

Industrials · Air Transportation, Scheduled · DE · SEC filings ↗ · Compare ⊕

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Signs5 gooddetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$63.36B$61.64B$58.05B$50.58B$29.90B$17.09B
Operating income$5.82B$6.00B$5.52B$3.66B$1.89B−$12.47B
Net income$5.00B$3.46B$4.61B$1.32B$280.0M−$12.38B
Total assets$81.32B$75.37B$73.64B$72.29B$72.46B$72.00B
Total liabilities
Equity$20.85B$15.29B$11.11B$6.58B$3.89B$1.53B
EPS (diluted)$7.66$5.33$7.17$2.06$0.44$-19.49
Shares out.646.0M643.3M641.2M639.9M638.1M640.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
9.2%
Net margin
7.9%
Return on equity
24.0%
Return on assets
6.2%
Return on capital (ROCE)
10.8%
Liabilities / assets
Debt / equity
Book value / share
$32.28
Revenue growth (YoY)
2.8%
Net income growth (YoY)
44.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
4.1%clean
Piotroski F-Score
5/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

5 good
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202625.6M3.6+9.0%
Apr 30, 202623.5M2.9+2.5%
Apr 15, 202622.9M1.8-4.5%
Mar 31, 202624.0M1.6+45.2%
Mar 13, 202616.5M1.0+7.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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