Delta Air Lines
Market Cap
US$34.7b
Last Updated
2019/10/20 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.
Snowflake
Fundamentals
Solid track record and fair value.
Similar Companies
Share Price & News
How has Delta Air Lines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.7%
DAL
1.3%
US Airlines
0.4%
US Market
1 Year Return
0.8%
DAL
-0.4%
US Airlines
6.9%
US Market
Return vs Industry: DAL exceeded the US Airlines industry which returned -0.4% over the past year.
Return vs Market: DAL underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| DAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | 1.3% | 0.4% |
| 30 Day | -8.2% | -3.0% | -1.1% |
| 90 Day | -12.2% | -5.3% | -0.5% |
| 1 Year | 3.4%0.8% | 1.0%-0.4% | 9.3%6.9% |
| 3 Year | 40.1%30.8% | 28.4%23.4% | 45.8%36.4% |
| 5 Year | 49.8%36.5% | 54.4%45.5% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is Delta Air Lines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
4 Days To Buy Delta Air Lines, Inc. (NYSE:DAL) Before The Ex-Dividend Date6 days ago | Simply Wall St
Delta Air Lines, Inc. Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year4 months ago | Simply Wall St
What Did Delta Air Lines, Inc.'s (NYSE:DAL) CEO Take Home Last Year?Valuation
Is Delta Air Lines undervalued compared to its fair value and its price relative to the market?
25.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: DAL ($53.83) is trading below our estimate of fair value ($71.88)
Significantly Undervalued: DAL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: DAL is good value based on its PE Ratio (7.6x) compared to the Airlines industry average (8.7x).
PE vs Market: DAL is good value based on its PE Ratio (7.6x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: DAL is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: DAL is overvalued based on its PB Ratio (2.3x) compared to the US Airlines industry average (1.7x).
Next Steps
Future Growth
How is Delta Air Lines forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DAL's forecast earnings growth (3.4% per year) is above the savings rate (2.7%).
Earnings vs Market: DAL's earnings (3.4% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: DAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: DAL's revenue (3.5% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: DAL's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: DAL's Return on Equity is forecast to be high in 3 years time (23.9%)
Next Steps
Past Performance
How has Delta Air Lines performed over the past 5 years?
0.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DAL's earnings have grown by 0.3% per year over the past 5 years.
Accelerating Growth: DAL's earnings growth over the past year (45.9%) exceeds its 5-year average (0.3% per year).
Earnings vs Industry: DAL earnings growth over the past year (45.9%) exceeded the Airlines industry -30.9%.
Return on Equity
High ROE: DAL's Return on Equity (31.1%) is considered high.
Return on Assets
ROA vs Industry: DAL has a higher Return on Assets than the Airlines industry average last year.
Return on Capital Employed
ROCE Improving: DAL's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Delta Air Lines's financial position?
Financial Position Analysis
Short Term Liabilities: DAL's short term assets ($6.9B) do not cover its short term liabilities ($20.2B)
Long Term Liabilities: DAL's short term assets (6.9B) do not cover its long term liabilities (27.9B)
Debt to Equity History and Analysis
Debt Level: DAL's debt to equity ratio (62.8%) is considered high
Reducing Debt: DAL's debt to equity ratio has reduced from 84.3% to 62.8% over the past 5 years.
Debt Coverage: DAL's debt is well covered by operating cash flow (92.1%).
Interest Coverage: DAL's interest payments on its debt are well covered by EBIT (21.6x coverage).
Balance Sheet
Inventory Level: DAL has a high level of physical assets or inventory.
Debt Coverage by Assets: DAL's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Delta Air Lines's current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Delta Air Lines before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: DAL's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: DAL's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: Whilst dividend payments have been stable, DAL has been paying a dividend for less than 10 years.
Growing Dividend: DAL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.5%), DAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DAL's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).
Next Steps
Management
What is the CEO of Delta Air Lines's salary, the management and board of directors tenure and is there insider trading?
3.7yrs
Average management tenure
CEO
Ed Bastian (61yo)
3.4yrs
Tenure
US$14,982,448
Compensation
Mr. Edward H. Bastian, also known as Ed, has been the Chief Executive Officer of Delta Air Lines, Inc. since May 2, 2016. Mr. Bastian served as President of Delta Air Lines, Inc. from September 01, 2007 to ...
CEO Compensation Analysis
Compensation vs. Market: Ed's total compensation ($USD14.98M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.7yrs
Average Tenure
57yo
Average Age
Experienced Management: DAL's management team is considered experienced (3.7 years average tenure).
Board Age and Tenure
5.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: DAL's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
Insider Buying: DAL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Information Officer Executive VP & Chief Information Officer |
| Shares | 16,559 |
| Max Price | US$61.87 |
| Entity | Individual |
| Role | Chief Operating Officer Senior EVP & COO |
| Shares | 10,342 |
| Max Price | US$62.64 |
| Entity | Individual |
| Role | President President |
| Shares | 50,000 |
| Max Price | US$63.03 |
| Entity | Individual |
| Role | Chief Accounting Officer Principal Accounting Officer |
| Shares | 6,384 |
| Max Price | US$61.96 |
| Entity | Individual |
| Shares | 8,993 |
| Max Price | US$53.27 |
| Entity | Individual |
| Shares | 1,010 |
| Max Price | US$54.33 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 25,000 |
| Max Price | US$58.01 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 30,000 |
| Max Price | US$57.50 |
| Entity | Individual |
| Shares | 34,000 |
| Max Price | US$58.00 |
| Entity | Individual |
| Role | Chief Operating Officer Senior EVP & COO |
| Shares | 7,465 |
| Max Price | US$58.53 |
| Entity | Company |
| Shares | 6,500 |
| Max Price | US$49.94 |
| Entity | Company |
| Shares | 5,368,956 |
| Max Price | US$49.77 |
| Entity | Individual |
| Role | Chief Operating Officer Senior EVP & COO |
| Shares | 36,000 |
| Max Price | US$51.51 |
| Entity | Individual |
| Role | Chief Information Officer Executive VP & Chief Information Officer |
| Shares | 13,436 |
| Max Price | US$51.16 |
| Entity | Individual |
| Role | Chief Operating Officer Senior EVP & COO |
| Shares | 21,000 |
| Max Price | US$50.49 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 5,185 |
| Max Price | US$48.17 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$49.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$50.93 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$52.88 |
Ownership Breakdown
Management Team
Ed Bastian (61yo)
CEO & Director
- Tenure: 3.4yrs
- Compensation: US$14.98m
Bill Carroll (61yo)
Principal Accounting Officer
- Tenure: 0.3yrs
Glen Hauenstein (58yo)
President
- Tenure: 3.4yrs
- Compensation: US$8.46m
Gil West (58yo)
Senior EVP & COO
- Tenure: 5.6yrs
- Compensation: US$8.44m
Don Mitacek (56yo)
Senior Vice President of Technical Operations
- Tenure: 0yrs
Paul Jacobson (47yo)
Executive VP & CFO
- Tenure: 7.6yrs
- Compensation: US$5.75m
John Laughter
Senior Vice President of Corporate Safety
- Tenure: 0yrs
Peter Carter (55yo)
Executive VP
- Tenure: 4.3yrs
- Compensation: US$4.12m
Rahul Samant (52yo)
Executive VP & Chief Information Officer
- Tenure: 3.7yrs
Jill Greer
Vice President of Investor Relations
- Tenure: 0yrs
Board Members
Dan Carp (71yo)
Independent Director
- Tenure: 12.5yrs
- Compensation: US$305.79k
Frank Blake (70yo)
Non-Executive Chairman
- Tenure: 3yrs
- Compensation: US$459.31k
Dave DeWalt (55yo)
Independent Director
- Tenure: 7.9yrs
- Compensation: US$300.34k
Ed Bastian (61yo)
CEO & Director
- Tenure: 3.4yrs
- Compensation: US$14.98m
Jeanne Jackson (67yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$295.28k
Sergio Rial (59yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$276.19k
Bill Easter (69yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$301.06k
Kathy Waller (61yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$280.39k
George Mattson (53yo)
Independent Director
- Tenure: 7yrs
- Compensation: US$424.39k
Ash Carter (64yo)
Independent Director
- Tenure: 2yrs
- Compensation: US$287.63k
Company Information
Delta Air Lines, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Delta Air Lines, Inc.
- Ticker: DAL
- Exchange: NYSE
- Founded: 1924
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$34.685b
- Shares outstanding: 644.34m
- Website: https://www.delta.com
Number of Employees
Location
- Delta Air Lines, Inc.
- Post Office Box 20706
- Atlanta
- Georgia
- 30320
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DAL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 2007 |
| OYC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2007 |
| DAL * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Apr 2007 |
| DAL | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Apr 2007 |
| 0QZ4 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 2007 |
| DAL | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Apr 2007 |
| DEAI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD0.0001 | BR | BRL | Apr 2016 |
Biography
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route net ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 00:03 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.