DELTA AIR LINES, INC.
DALNYSEIndustrials · Air Transportation, Scheduled · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| 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. | 646.0M | 643.3M | 641.2M | 639.9M | 638.1M | 640.1M |
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 ScoreOur 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- Berkshire Hathaway IncPassive (13G)May 15, 2026
- Vanguard Capital Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
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| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 25.6M | 3.6 | +9.0% |
| Apr 30, 2026 | 23.5M | 2.9 | +2.5% |
| Apr 15, 2026 | 22.9M | 1.8 | -4.5% |
| Mar 31, 2026 | 24.0M | 1.6 | +45.2% |
| Mar 13, 2026 | 16.5M | 1.0 | +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- Results of operationsApr 8, 2026
- Regulation FD disclosureMar 17, 2026
- Director / officer changeMar 5, 2026
- Director / officer changeFeb 13, 2026
- Entered a material agreementJan 27, 2026
- Entered a material agreement · Results of operationsJan 13, 2026
- Director / officer changeDec 17, 2025
- Regulation FD disclosureDec 3, 2025
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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