Delta Air Lines, Inc. (DAL) Debt to Equity Ratio: 1.02
Is Delta Air Lines, Inc.’s debt to equity ratio high or low?
Delta Air Lines, Inc.'s debt to equity ratio of 1.02 is 85% below its 5-year average of 6.95, near the low end of its 5-year range (1.02–23.17).
As of Sunday, June 14, 2026. 18.73% below its 12-month average of 1.25.
DAL Debt to Equity Ratio Chart
DAL Average Debt to Equity Ratio Chart
DAL Current vs Average Debt to Equity Ratio Chart
DAL Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.02
DEBT TO EQUITY RATIO AVG TTM
1.25
DEBT TO EQUITY RATIO AVG 3Y
2.40
DEBT TO EQUITY RATIO AVG 5Y
6.95
DEBT TO EQUITY RATIO AVG 10Y
4.19
DEBT TO EQUITY RATIO AVG 15Y
4.66
DEBT TO EQUITY RATIO AVG 20Y
10.20
CURRENT VS TTM AVG
-18.73%
CURRENT VS 3Y AVG
-57.59%
CURRENT VS 5Y AVG
-85.33%
CURRENT VS 10Y AVG
-75.67%
CURRENT VS 15Y AVG
-78.10%
CURRENT VS 20Y AVG
-90.00%
DAL Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Delta Air Lines, Inc. (DAL) | $54.57B | 1.02 | 1.25 | 2.40 | 6.95 |
| Fastenal Company (FAST)vs › | $53.46B | 0.11 | 0.12 | 0.16 | 0.18 |
| AMETEK, Inc. (AME)vs › | $52.06B | 0.21 | 0.22 | 0.29 | 0.33 |
| L3Harris Technologies, Inc. (LHX)vs › | $57.34B | 0.53 | 0.60 | 0.65 | 0.55 |
| Rockwell Automation, Inc. (ROK)vs › | $51.11B | 1.00 | 1.08 | 1.16 | 1.46 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $51.11B | 0.03 | 0.04 | 0.03 | 0.03 |
| Rocket Lab USA, Inc. (RKLB)vs › | $59.27B | 0.15 | 0.68 | 0.48 | 0.42 |
| PACCAR Inc (PCAR)vs › | $62.38B | 0.00 | 0.46 | 0.68 | 0.79 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $45.00B | 0.50 | 0.45 | 0.42 | 0.42 |
| Comfort Systems USA, Inc. (FIX)vs › | $66.10B | 0.32 | 0.25 | 0.27 | 0.37 |
Financial Health
Debt/Equity
1.02
Current Ratio
0.40
Delta Air Lines, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Delta Air Lines, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The debt to equity ratio for DAL stock is 1.02.
- Is Delta Air Lines, Inc.'s debt to equity ratio high or low?
- Delta Air Lines, Inc.'s debt to equity ratio of 1.02 is 85% below its 5-year average of 6.95, near the low end of its 5-year range (1.02–23.17).
- What is the TTM average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The TTM average debt to equity ratio for DAL stock is 1.25.
- What is the 3Y average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The 3Y average debt to equity ratio for DAL stock is 2.40.
- What is the 5Y average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The 5Y average debt to equity ratio for DAL stock is 6.95.
- What is the 10Y average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The 10Y average debt to equity ratio for DAL stock is 4.19.
- What is the 15Y average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The 15Y average debt to equity ratio for DAL stock is 4.66.
- What is the 20Y average debt to equity ratio for Delta Air Lines, Inc. (DAL)?
- The 20Y average debt to equity ratio for DAL stock is 10.20.
Delta Air Lines, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 1.02 |
| 2024-12-31 | 1.49 |
| 2023-12-31 | 2.46 |
| 2022-12-31 | 4.65 |
| 2021-12-31 | 8.92 |
| 2020-12-31 | 23.17 |
| 2019-12-31 | 1.12 |
| 2018-12-31 | 1.21 |
| 2017-12-31 | 0.71 |
| 2016-12-31 | 0.60 |
| 2015-12-31 | 0.77 |
| 2014-12-31 | 1.11 |
| 2013-12-31 | 0.97 |
| 2010-12-31 | 17.00 |
| 2009-12-31 | 83.31 |
| 2008-12-31 | 24.18 |
| 2007-12-31 | 0.70 |
| 2002-12-31 | 12.28 |
| 2001-12-31 | 2.49 |
| 2000-12-31 | 1.03 |
| 2000-06-30 | 1.01 |
| 1998-06-30 | 0.43 |
| 1997-06-30 | 0.52 |
| 1996-06-30 | 0.72 |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- Edward H. Bastian