Delta Air Lines, Inc. logo
Delta Air Lines, Inc. (DAL)
Compare

Delta Air Lines, Inc. (DAL) Operating Margin: 8.83%

Is Delta Air Lines, Inc.’s operating margin high or low?

Delta Air Lines, Inc.'s operating margin of 8.83% is 271% above its 5-year average of -5.16%, near the high end of its 5-year range (-72.94%–9.73%).

As of Thursday, June 18, 2026. 6.66% below its 12-month average of 9.46%.

DAL Operating Margin Chart

DAL Operating Margin
9.19%-5.55% 1Y
Zoom

DAL Average Operating Margin Chart

DAL Current vs Average Operating Margin Chart

DAL Operating Margin Metrics

OPERATING MARGIN

8.83%

OPERATING MARGIN AVG TTM

9.46%

OPERATING MARGIN AVG 3Y

8.92%

OPERATING MARGIN AVG 5Y

-5.16%

OPERATING MARGIN AVG 10Y

4.22%

OPERATING MARGIN AVG 15Y

10.15%

OPERATING MARGIN AVG 20Y

9.45%

CURRENT VS TTM AVG

-6.66%

CURRENT VS 3Y AVG

-0.98%

CURRENT VS 5Y AVG

+271.12%

CURRENT VS 10Y AVG

+109.47%

CURRENT VS 15Y AVG

-13.04%

CURRENT VS 20Y AVG

-6.60%

DAL Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Delta Air Lines, Inc. (DAL)$54.04B8.83%9.46%8.92%-5.16%
AMETEK, Inc. (AME)vs ›$53.01B26.17%25.89%25.52%24.72%
Fastenal Company (FAST)vs ›$51.52B20.25%20.10%20.46%20.38%
Rockwell Automation, Inc. (ROK)vs ›$51.04B19.08%16.18%17.07%15.99%
L3Harris Technologies, Inc. (LHX)vs ›$58.34B9.93%9.64%9.52%10.34%
PACCAR Inc (PCAR)vs ›$61.75B9.68%12.47%13.66%10.74%
Westinghouse Air Brake Technologies Corporation (WAB)vs ›$46.24B16.10%16.11%14.35%13.08%
Rocket Lab USA, Inc. (RKLB)vs ›$62.51B-33.20%-40.77%-54.59%-89.77%
Old Dominion Freight Line, Inc. (ODFL)vs ›$45.41B24.57%25.66%27.17%26.29%
Norfolk Southern Corporation (NSC)vs ›$67.50B32.39%31.98%31.05%33.01%

Operating Efficiency

Gross Margin

26.2%

Operating Margin

8.8%

Delta Air Lines, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Delta Air Lines, Inc. Operating Margin FAQ

What is the operating margin for Delta Air Lines, Inc. (DAL)?
The operating margin for DAL stock is 8.83%.
Is Delta Air Lines, Inc.'s operating margin high or low?
Delta Air Lines, Inc.'s operating margin of 8.83% is 271% above its 5-year average of -5.16%, near the high end of its 5-year range (-72.94%–9.73%).
What is the TTM average operating margin for Delta Air Lines, Inc. (DAL)?
The TTM average operating margin for DAL stock is 9.46%.
What is the 3Y average operating margin for Delta Air Lines, Inc. (DAL)?
The 3Y average operating margin for DAL stock is 8.92%.
What is the 5Y average operating margin for Delta Air Lines, Inc. (DAL)?
The 5Y average operating margin for DAL stock is -5.16%.
What is the 10Y average operating margin for Delta Air Lines, Inc. (DAL)?
The 10Y average operating margin for DAL stock is 4.22%.
What is the 15Y average operating margin for Delta Air Lines, Inc. (DAL)?
The 15Y average operating margin for DAL stock is 10.15%.
What is the 20Y average operating margin for Delta Air Lines, Inc. (DAL)?
The 20Y average operating margin for DAL stock is 9.45%.

Delta Air Lines, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-319.19%
2024-12-319.73%
2023-12-319.51%
2022-12-317.24%
2021-12-316.31%
2020-12-31-72.94%
2019-12-3114.08%
2018-12-3111.85%
2017-12-3114.50%
2016-12-3117.73%
2015-12-3119.17%
2014-12-315.47%
2013-12-319.00%
2012-12-315.93%
2011-12-315.62%
2010-12-316.98%
2009-12-315.85%
2008-12-315.27%
2007-12-3115.86%
2006-12-310.33%
2005-12-31-12.14%
2004-12-31-21.71%
2003-12-31-5.49%
2002-12-31-9.44%
2001-12-31-11.54%
2000-12-319.78%
2000-06-3078.65%
1998-06-3012.81%
1997-06-3011.98%
1996-06-3075.24%

About Delta Air Lines, Inc.

Delta Air Lines, Inc. operates scheduled air transport services for both passengers and freight, serving destinations across the United States and internationally. Its operations are structured into two main segments: its core airline business and a refinery division. Domestically, its network is anchored by primary hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, further supported by coastal gateways such as Boston, Los Angeles, New York (LaGuardia and JFK), and Seattle. Globally, it maintains a significant presence through key international hubs and operational centers in cities like Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. Tickets are distributed through multiple channels, including its official website (delta.com), the Fly Delta mobile app, direct reservations, online travel agencies, traditional brick-and-mortar agencies, and other distribution partners. Beyond flight services, the company offers aircraft maintenance, engineering support, repair, and overhaul capabilities. It also arranges vacation packages for external clients, along with aircraft charter services, management, and associated programs. The airline operates a vast fleet of roughly 1,200 aircraft. Established in 1924, Delta Air Lines, Inc. is headquartered in Atlanta, Georgia.

Atlanta, GA
100,000 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
Edward H. Bastian