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Delta Air Lines, Inc. (DAL)
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Delta Air Lines, Inc. (DAL) Return on Invested Capital (ROIC): 8.30%

Is Delta Air Lines, Inc.’s return on invested capital (ROIC) high or low?

Delta Air Lines, Inc.'s return on invested capital (ROIC) of 8.30% is 203% above its 5-year average of 2.74%, near the high end of its 5-year range (-16.94%–8.90%).

As of Sunday, June 14, 2026. 1.89% below its 12-month average of 8.46%.

DAL Return on Invested Capital (ROIC) Chart

DAL Return on Invested Capital (ROIC)
8.30%-3.71% 1Y
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DAL Average Return on Invested Capital (ROIC) Chart

DAL Current vs Average Return on Invested Capital (ROIC) Chart

DAL Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

8.30%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.46%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

7.73%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

2.74%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

6.49%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

6.40%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

5.06%

CURRENT VS TTM AVG

-1.89%

CURRENT VS 3Y AVG

+7.37%

CURRENT VS 5Y AVG

+202.92%

CURRENT VS 10Y AVG

+27.89%

CURRENT VS 15Y AVG

+29.65%

CURRENT VS 20Y AVG

+64.14%

DAL Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Delta Air Lines, Inc. (DAL)$54.57B8.30%8.46%7.73%2.74%
Fastenal Company (FAST)$53.46B28.17%27.85%28.02%26.95%
AMETEK, Inc. (AME)$52.06B11.04%11.09%10.84%10.34%
L3Harris Technologies, Inc. (LHX)$57.34B5.26%5.30%5.18%5.36%
Rockwell Automation, Inc. (ROK)$51.11B13.71%13.05%14.13%13.66%
Old Dominion Freight Line, Inc. (ODFL)$51.11B19.91%21.74%25.01%23.46%
Rocket Lab USA, Inc. (RKLB)$59.27B-10.09%-16.12%-18.18%-20.49%
PACCAR Inc (PCAR)$62.38B6.39%8.44%10.51%8.23%
Westinghouse Air Brake Technologies Corporation (WAB)$45.00B7.64%7.77%6.65%5.74%
Comfort Systems USA, Inc. (FIX)$66.10B33.59%30.38%24.94%20.63%

Capital Efficiency

ROIC

8.3%

ROE

22.0%

Delta Air Lines, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Delta Air Lines, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The return on invested capital (ROIC) for DAL stock is 8.30%.
Is Delta Air Lines, Inc.'s return on invested capital (ROIC) high or low?
Delta Air Lines, Inc.'s return on invested capital (ROIC) of 8.30% is 203% above its 5-year average of 2.74%, near the high end of its 5-year range (-16.94%–8.90%).
What is the TTM average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The TTM average return on invested capital (ROIC) for DAL stock is 8.46%.
What is the 3Y average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The 3Y average return on invested capital (ROIC) for DAL stock is 7.73%.
What is the 5Y average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The 5Y average return on invested capital (ROIC) for DAL stock is 2.74%.
What is the 10Y average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The 10Y average return on invested capital (ROIC) for DAL stock is 6.49%.
What is the 15Y average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The 15Y average return on invested capital (ROIC) for DAL stock is 6.40%.
What is the 20Y average return on invested capital (ROIC) for Delta Air Lines, Inc. (DAL)?
The 20Y average return on invested capital (ROIC) for DAL stock is 5.06%.

Delta Air Lines, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-318.30%
2024-12-318.62%
2023-12-318.90%
2022-12-315.10%
2021-12-312.46%
2020-12-31-16.94%
2019-12-3110.73%
2018-12-319.11%
2017-12-319.41%
2016-12-3112.43%
2015-12-3113.27%
2014-12-313.54%
2013-12-318.58%
2012-12-316.51%
2011-12-316.03%
2010-12-316.38%
2009-12-313.61%
2008-12-312.96%
2007-12-319.25%
2006-12-310.34%
2005-12-31-12.40%
2004-12-31-19.75%
2003-12-31-2.46%
2002-12-31-4.39%
2001-12-31-5.72%
2000-12-315.84%
2000-06-3046.64%
1998-06-309.35%
1997-06-3010.13%
1996-06-3068.45%

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