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DAL US​
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Delta Air Lines, Inc.(DAL US)

$86.25-0.300.35%Ext:$84.98-1.271.47%(After Hours · 22:07:24 UTC)
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Overview

ProfileEntity Structure

Documents

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  • Home
  • AI Agent
  • Annotations
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  • Pricing and plans
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  • Get the full experience

    We save the real magic for signed-in users.

DAL US​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Delta Air Lines, Inc.(DAL US)

$86.25-0.300.35%Ext:$84.98-1.271.47%(After Hours · 22:07:24 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Delta Air Lines, Inc. — Company Profile

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 domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Sector
Industrials
Industry
Air Freight & Logistics
Exchange
UN
CEO
Edward H. Bastian
Headquarters
Atlanta, GA, US
IPO Date
May 3, 2007
Employees
103,000
Website
www.delta.com

Key Metrics

Price
$84.09
Market Cap
$55.30B
Revenue (TTM)
$15.85B
Net Income (TTM)
$-289000000.00
EPS (TTM)
-0.44
P/E (TTM)
12.35
P/B (TTM)
2.71
Dividend Yield
104.82%
ROE (TTM)
-1.42%
ROA (TTM)
-0.34%
Operating Margin
3.16%
Beta
1.69

Dividends

Last Dividend
$0.19
Last Yield
1.05%

Summary

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 domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Website
www.delta.com
Location
Atlanta, GA, US
Phone404 715 2600
Employees103,000
CEOEdward H. Bastian
Sector
Industrials
Industry
Air Freight & Logistics
IPO DateMay 3, 2007

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2.8K)

Expand
  • Form 144Sear Steven M12 Nov
  • Form 4BELLEMARE ALAIN9 Nov
  • Form 4Carter Peter W6 Nov
  • 8-KEntry into a Material Definitive Agreement6 Nov
  • Form 144BELLEMARE ALAIN6 Nov
  • SC 13D/AWheels Up Experience Inc.5 Nov
  • 424B5Prospectus filing (Rule 424(b)(5))5 Nov
  • Form 144Carter Peter W4 Nov
  • FWPFree writing prospectus4 Nov
  • 424B5Prospectus filing (Rule 424(b)(5))4 Nov
  • Form 4Bastian Edward H30 Oct
  • Form 144Bastian Edward H29 Oct
  • 10-QQ3ended 30 Sept 20269 Oct
  • 8-KResults of Operations and Financial Condition9 Oct
  • N-PXAnnual report of proxy voting record28 Aug
  • SC 13G/ADELTA AIR LINES, INC.14 Aug
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug
  • Form 4HUERTA MICHAEL P6 Aug
  • Form 4/ABELLEMARE ALAIN6 Aug
  • Form 4Sear Steven M6 Aug

News

  • United’s CEO Says He’s “100%” Sure an American Deal Could Be Approved10:53AM
  • JetBlue Drops 5% as Rebounding Oil Prices Hit Airline Stocks; United and Delta Fall 4%12 Nov
  • 2 Airline Stocks Drawing Unusual Options Volume Today12 Nov
  • Dow Rallies as Nvidia Fallout Fails to Rattle Wall Street12 Nov
  • The Big 3: JPM, DAL, AMD11 Nov
  • Delta's free Wi-Fi was just the beginning. The airline has bigger plans with T-Mobile9 Nov
  • Delta Air Lines Stocks Rise 4.68% as Oil Retreats Toward $879 Nov
  • JetBlue Rallies 7% as Airline Stocks Extend Their Run; United Climbs 7%, American Airlines Gains 6%9 Nov
  • Delta Air Lines Is Worth Buying Despite Near-Term Pressure5 Nov
  • Delta vs. United: Could Falling Oil Prices Set the Stage for an Airline Stock Comeback in 2027?4 Nov
  • Wall Street Analysts Think Delta (DAL) Is a Good Investment: Is It?4 Nov
  • Delta CEO says Heathrow plan to relocate airline's operations is 'deeply disappointing'2 Nov
  • Contrasting Delta Air Lines (NYSE:DAL) and JetBlue Airways (NASDAQ:JBLU)31 Oct
  • Delta Air Lines, Inc. (DAL) is Attracting Investor Attention: Here is What You Should Know29 Oct
  • Delta Air, American Tower, Apple And A Health Care: CNBC's ‘Final Trades'28 Oct
  • Wall Street in Rally Mode as AI Stocks Stabilize26 Oct
  • JetBlue Airways Tumbles 16% as Creditors Hire Restructuring Advisers; United Airlines Rises 3%, Delta Edges Higher26 Oct
  • American Airlines Sinks 4% as Oil Climb Reverses Post-Earnings Rebound; Delta and United Airlines Slide 3%23 Oct
  • US airlines favor higher fares over fuller planes as fuel costs squeeze profits23 Oct
  • Airline Stocks Rise After Southwest's Strong Q3 Results22 Oct

Mentions in Filings

  • … nt Funds, SEI Catholic Values Trust, SEI Alternative Income Fund and SEI Carlyle Private Markets Fund. Vice President and Chief Investment Officer of Berman Capital Advisors from March 2018 to May 2021. Independent Consultant from January 2017 to February 2018. Principal and Chief Investment Officer of Diversified Trust Company from January 2003 to April 2015. Information Analyst and Director of <strong>Delta Air Lines</strong> from January 1990 to December 2002.
    SEI Exchange Traded FundsDelta Air Lines, Inc.·485APOS - Post-effective amendment (open-end investment companies)·Q3 27·6 Nov
  • … Francis Healthcare, Boeing Company, Robert Bosch LLC, Blackbaud, Trident Health, Mercedes - Benz Vans and SAIC ▪ Atlanta, Georgia – Key Industries : Logistics, media, information technology, education and entertainment – Key Employers : Coca - Cola Company, Home Depot, <strong>Delta Air Lines</strong>, AT&T Mobility, UPS, Newell - Rubbermaid, Cable News Network, Georgia Tech, Lockheed Martin and Cox Enterprises Our Regions: Centers for Continued Growth (cont.) 30
    ServisFirst Bancshares, Inc.Delta Air Lines, Inc.·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·5 Nov
  • … bership program that strategically utilize our controlled fleet of Bombardier Challenger 300 series and Embraer Phenom 300 series premium jet aircraft and global network of safety-vetted charter operators to deliver a greater range of travel alternatives. In addition, our first-of-its-kind partnership with <strong>Delta Air Lines, Inc.</strong> (“Delta”) provides our members and customers with a seamless offering across both private and premium commercial travel.
    Wheels Up Experience Inc.Delta Air Lines, Inc.·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … to, and U.S. Bank Trust Company, N.A., as administrative agent for the lenders and as collateral agent for the secured parties (the “Agent”), which provides for term loans in the aggregate original principal amount of $390.0 million (the “2023 Term Loans”) and a commitment for a revolving credit facility provided by <strong>Delta Air Lines, Inc.</strong> (“Delta”) in the aggregate original principal amount of $100.0 million (the “2023 Revolving Credit Facility”).
    Wheels Up Experience Inc.Delta Air Lines, Inc.·8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov
  • … d as of November 4, 2026 and effective as of the Amendment Effective Date (as defined below), is by and among WHEELS UP EXPERIENCE INC., a Delaware corporation (the “Borrower”), each other Loan Party party hereto, <strong>DELTA AIR LINES, INC.</strong> (“Delta”), as the Incremental Revolving Lender, CK WHEELS LLC (together with Delta, constituting the Required Lenders and the Lead Lenders), COX INVESTMENT HOLDINGS, LLC, as a Lender, and U.S. BANK TRUST COMPANY, N …
    Wheels Up Experience Inc.Delta Air Lines, Inc.·EX-10.1 - 8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov
  • … grams and continuing to scale the Wheels Up Signature Membership, expanding high-quality revenue, improving productivity, maximizing the value driven by our premium fleet, and deepening our strategic partnership with <strong>Delta Air Lines</strong> to support long-term profitable growth.” 1 --- Business Highlights •Continued to invest in the premium fleet transition. Today, Wheels Up announced a landmark order for six factory-new Embraer Phenom 300E aircraft …
    Wheels Up Experience Inc.Delta Air Lines, Inc.·EX-99.1 - 8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov

Key Stats

Trading

Px/Chg 1D$84.09 / -0.05%
Avg Volume10.42M
Beta1.69
Mkt Cap55.30B
FD Mkt Cap51.38B

Float

Shrs Out/Float657.62M / 649.60M
Short Float0.04%
Days to Cover3.01
Stock Repurchased$0.00

Current Valuation

EV64.41B
EV/EBITDA7.08
EV/Sales0.99
P/B2.71
P/S0.85
FCF Yield2.23%
ROE-1.42%
ROA-0.34%
Current Ratio0.42

Dividend

Cash$0.19
Yield104.82%
Yield (TTM)104.82%

Estimates

P/E12.35
Est P/E0.00
Est EPS1.49
Est PEG0.00

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-25.2716.336.566.7334.94-190.92
Price / Sales1.490.430.520.382.663.48
Price / Book Value2.453.272.721.522.052.71
Price / Free Cash Flow-2,130.45-10,763.0626.508.0631.4844.78
ENTERPRISE VALUE METRICS
Enterprise Value54,049.248,870.154,777.542,952.259,360.464,285.6
Enterprise Value / Sales2.070.970.940.703.714.05
Enterprise Value / EBITDA32.669.686.245.4229.56112.39
Enterprise Value / EBIT-188.9216.618.507.9542.77-1,020.41

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue20.7%29,899.050,582.058,048.061,643.063,364.0
Gross Income61.4%2,133.011,160.015,518.016,557.014,475.0
EBITDA21.6%3,675.05,050.08,783.07,918.08,032.0
EBIT35.1%1,677.02,943.06,442.05,405.05,589.0
Net Income105.6%280.01,318.04,609.03,457.05,005.0
EPS (Diluted)104.3%0.442.067.175.337.66
BALANCE SHEET
Cash & ST Inv-21.4%11,319.06,534.03,868.03,069.04,310.0
Total Assets2.9%72,471.072,275.073,644.075,372.081,185.0
Total Liabilities-3.1%68,572.065,706.062,539.060,079.060,432.0
Total Shareholder Equity52%3,887.06,582.011,105.015,293.020,753.0
CASH FLOW
Net Operating Cash Flow26.4%3,263.06,364.06,464.08,025.08,342.0
Cap Ex8.5%-3,247.0-6,366.0-5,323.0-5,140.0-4,499.0
Free Cash Flow293.7%16.0-2.01,141.02,885.03,843.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)86.24
Basic Shares657.62
Market Cap56,713.4
Diluted Shares659.00
Fully Diluted Shares Outstanding659.00
Fully Diluted Market Cap56,832.2
+Consolidated Debt18,835.0
−In-the-Money Convertible Debt—
+Capital Leases5,475.0
+Operating Leases—
−Cash & Equivalents-3,787.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value71,761.4

Segment data

Revenue

by Products and services

  • Airline89%
  • Refinery11%

Revenue

by Geography

  • United States71%
  • Atlantic17%
  • Latin America7%
  • Pacific5%

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Delta Air Lines, Inc. — Company Profile

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 domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Sector
Industrials
Industry
Air Freight & Logistics
Exchange
UN
CEO
Edward H. Bastian
Headquarters
Atlanta, GA, US
IPO Date
May 3, 2007
Employees
103,000
Website
www.delta.com

Key Metrics

Price
$84.09
Market Cap
$55.30B
Revenue (TTM)
$15.85B
Net Income (TTM)
$-289000000.00
EPS (TTM)
-0.44
P/E (TTM)
12.35
P/B (TTM)
2.71
Dividend Yield
104.82%
ROE (TTM)
-1.42%
ROA (TTM)
-0.34%
Operating Margin
3.16%
Beta
1.69

Dividends

Last Dividend
$0.19
Last Yield
1.05%

Summary

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 domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Website
www.delta.com
Location
Atlanta, GA, US
Phone404 715 2600
Employees103,000
CEOEdward H. Bastian
Sector
Industrials
Industry
Air Freight & Logistics
IPO DateMay 3, 2007

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2.8K)

Expand
  • Form 144Sear Steven M12 Nov
  • Form 4BELLEMARE ALAIN9 Nov
  • Form 4Carter Peter W6 Nov
  • 8-KEntry into a Material Definitive Agreement6 Nov
  • Form 144BELLEMARE ALAIN6 Nov
  • SC 13D/AWheels Up Experience Inc.5 Nov
  • 424B5Prospectus filing (Rule 424(b)(5))5 Nov
  • Form 144Carter Peter W4 Nov
  • FWPFree writing prospectus4 Nov
  • 424B5Prospectus filing (Rule 424(b)(5))4 Nov
  • Form 4Bastian Edward H30 Oct
  • Form 144Bastian Edward H29 Oct
  • 10-QQ3ended 30 Sept 20269 Oct
  • 8-KResults of Operations and Financial Condition9 Oct
  • N-PXAnnual report of proxy voting record28 Aug
  • SC 13G/ADELTA AIR LINES, INC.14 Aug
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug
  • Form 4HUERTA MICHAEL P6 Aug
  • Form 4/ABELLEMARE ALAIN6 Aug
  • Form 4Sear Steven M6 Aug

News

  • United’s CEO Says He’s “100%” Sure an American Deal Could Be Approved10:53AM
  • JetBlue Drops 5% as Rebounding Oil Prices Hit Airline Stocks; United and Delta Fall 4%12 Nov
  • 2 Airline Stocks Drawing Unusual Options Volume Today12 Nov
  • Dow Rallies as Nvidia Fallout Fails to Rattle Wall Street12 Nov
  • The Big 3: JPM, DAL, AMD11 Nov
  • Delta's free Wi-Fi was just the beginning. The airline has bigger plans with T-Mobile9 Nov
  • Delta Air Lines Stocks Rise 4.68% as Oil Retreats Toward $879 Nov
  • JetBlue Rallies 7% as Airline Stocks Extend Their Run; United Climbs 7%, American Airlines Gains 6%9 Nov
  • Delta Air Lines Is Worth Buying Despite Near-Term Pressure5 Nov
  • Delta vs. United: Could Falling Oil Prices Set the Stage for an Airline Stock Comeback in 2027?4 Nov
  • Wall Street Analysts Think Delta (DAL) Is a Good Investment: Is It?4 Nov
  • Delta CEO says Heathrow plan to relocate airline's operations is 'deeply disappointing'2 Nov
  • Contrasting Delta Air Lines (NYSE:DAL) and JetBlue Airways (NASDAQ:JBLU)31 Oct
  • Delta Air Lines, Inc. (DAL) is Attracting Investor Attention: Here is What You Should Know29 Oct
  • Delta Air, American Tower, Apple And A Health Care: CNBC's ‘Final Trades'28 Oct
  • Wall Street in Rally Mode as AI Stocks Stabilize26 Oct
  • JetBlue Airways Tumbles 16% as Creditors Hire Restructuring Advisers; United Airlines Rises 3%, Delta Edges Higher26 Oct
  • American Airlines Sinks 4% as Oil Climb Reverses Post-Earnings Rebound; Delta and United Airlines Slide 3%23 Oct
  • US airlines favor higher fares over fuller planes as fuel costs squeeze profits23 Oct
  • Airline Stocks Rise After Southwest's Strong Q3 Results22 Oct

Mentions in Filings

  • … nt Funds, SEI Catholic Values Trust, SEI Alternative Income Fund and SEI Carlyle Private Markets Fund. Vice President and Chief Investment Officer of Berman Capital Advisors from March 2018 to May 2021. Independent Consultant from January 2017 to February 2018. Principal and Chief Investment Officer of Diversified Trust Company from January 2003 to April 2015. Information Analyst and Director of <strong>Delta Air Lines</strong> from January 1990 to December 2002.
    SEI Exchange Traded FundsDelta Air Lines, Inc.·485APOS - Post-effective amendment (open-end investment companies)·Q3 27·6 Nov
  • … Francis Healthcare, Boeing Company, Robert Bosch LLC, Blackbaud, Trident Health, Mercedes - Benz Vans and SAIC ▪ Atlanta, Georgia – Key Industries : Logistics, media, information technology, education and entertainment – Key Employers : Coca - Cola Company, Home Depot, <strong>Delta Air Lines</strong>, AT&T Mobility, UPS, Newell - Rubbermaid, Cable News Network, Georgia Tech, Lockheed Martin and Cox Enterprises Our Regions: Centers for Continued Growth (cont.) 30
    ServisFirst Bancshares, Inc.Delta Air Lines, Inc.·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·5 Nov
  • … bership program that strategically utilize our controlled fleet of Bombardier Challenger 300 series and Embraer Phenom 300 series premium jet aircraft and global network of safety-vetted charter operators to deliver a greater range of travel alternatives. In addition, our first-of-its-kind partnership with <strong>Delta Air Lines, Inc.</strong> (“Delta”) provides our members and customers with a seamless offering across both private and premium commercial travel.
    Wheels Up Experience Inc.Delta Air Lines, Inc.·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … to, and U.S. Bank Trust Company, N.A., as administrative agent for the lenders and as collateral agent for the secured parties (the “Agent”), which provides for term loans in the aggregate original principal amount of $390.0 million (the “2023 Term Loans”) and a commitment for a revolving credit facility provided by <strong>Delta Air Lines, Inc.</strong> (“Delta”) in the aggregate original principal amount of $100.0 million (the “2023 Revolving Credit Facility”).
    Wheels Up Experience Inc.Delta Air Lines, Inc.·8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov
  • … d as of November 4, 2026 and effective as of the Amendment Effective Date (as defined below), is by and among WHEELS UP EXPERIENCE INC., a Delaware corporation (the “Borrower”), each other Loan Party party hereto, <strong>DELTA AIR LINES, INC.</strong> (“Delta”), as the Incremental Revolving Lender, CK WHEELS LLC (together with Delta, constituting the Required Lenders and the Lead Lenders), COX INVESTMENT HOLDINGS, LLC, as a Lender, and U.S. BANK TRUST COMPANY, N …
    Wheels Up Experience Inc.Delta Air Lines, Inc.·EX-10.1 - 8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov
  • … grams and continuing to scale the Wheels Up Signature Membership, expanding high-quality revenue, improving productivity, maximizing the value driven by our premium fleet, and deepening our strategic partnership with <strong>Delta Air Lines</strong> to support long-term profitable growth.” 1 --- Business Highlights •Continued to invest in the premium fleet transition. Today, Wheels Up announced a landmark order for six factory-new Embraer Phenom 300E aircraft …
    Wheels Up Experience Inc.Delta Air Lines, Inc.·EX-99.1 - 8-K - Entry into a Material Definitive Agreement·Q4 26·5 Nov

Key Stats

Trading

Px/Chg 1D$84.09 / -0.05%
Avg Volume10.42M
Beta1.69
Mkt Cap55.30B
FD Mkt Cap51.38B

Float

Shrs Out/Float657.62M / 649.60M
Short Float0.04%
Days to Cover3.01
Stock Repurchased$0.00

Current Valuation

EV64.41B
EV/EBITDA7.08
EV/Sales0.99
P/B2.71
P/S0.85
FCF Yield2.23%
ROE-1.42%
ROA-0.34%
Current Ratio0.42

Dividend

Cash$0.19
Yield104.82%
Yield (TTM)104.82%

Estimates

P/E12.35
Est P/E0.00
Est EPS1.49
Est PEG0.00

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-25.2716.336.566.7334.94-190.92
Price / Sales1.490.430.520.382.663.48
Price / Book Value2.453.272.721.522.052.71
Price / Free Cash Flow-2,130.45-10,763.0626.508.0631.4844.78
ENTERPRISE VALUE METRICS
Enterprise Value54,049.248,870.154,777.542,952.259,360.464,285.6
Enterprise Value / Sales2.070.970.940.703.714.05
Enterprise Value / EBITDA32.669.686.245.4229.56112.39
Enterprise Value / EBIT-188.9216.618.507.9542.77-1,020.41

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue20.7%29,899.050,582.058,048.061,643.063,364.0
Gross Income61.4%2,133.011,160.015,518.016,557.014,475.0
EBITDA21.6%3,675.05,050.08,783.07,918.08,032.0
EBIT35.1%1,677.02,943.06,442.05,405.05,589.0
Net Income105.6%280.01,318.04,609.03,457.05,005.0
EPS (Diluted)104.3%0.442.067.175.337.66
BALANCE SHEET
Cash & ST Inv-21.4%11,319.06,534.03,868.03,069.04,310.0
Total Assets2.9%72,471.072,275.073,644.075,372.081,185.0
Total Liabilities-3.1%68,572.065,706.062,539.060,079.060,432.0
Total Shareholder Equity52%3,887.06,582.011,105.015,293.020,753.0
CASH FLOW
Net Operating Cash Flow26.4%3,263.06,364.06,464.08,025.08,342.0
Cap Ex8.5%-3,247.0-6,366.0-5,323.0-5,140.0-4,499.0
Free Cash Flow293.7%16.0-2.01,141.02,885.03,843.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)86.24
Basic Shares657.62
Market Cap56,713.4
Diluted Shares659.00
Fully Diluted Shares Outstanding659.00
Fully Diluted Market Cap56,832.2
+Consolidated Debt18,835.0
−In-the-Money Convertible Debt—
+Capital Leases5,475.0
+Operating Leases—
−Cash & Equivalents-3,787.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value71,761.4

Segment data

Revenue

by Products and services

  • Airline89%
  • Refinery11%

Revenue

by Geography

  • United States71%
  • Atlantic17%
  • Latin America7%
  • Pacific5%

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