86.480
USD
-0.08
(-0.09%)
Market Open
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 1.42Revenue estimate 19.50B
Q4 FY2026 · Earnings report
EPS estimate 1.42Revenue estimate 19.50B
Delta Air Lines debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Delta Air Lines's debt to equity ratio is 0.84: total debt of 18.84B USD against shareholders' equity of 22.51B USD.
- Today
- 0.84
- Average, 5 years
- 3.42
- Low, 5 years
- 0.70
- High, 5 years
- 11.20
Debt to equity = total debt ÷ shareholders' equity = 18.84B ÷ 22.51B = 0.84
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.84 | 18.84B | 22.51B | |
| FY2025 | 31 Dec 2025 | 1.02 | 21.08B | 20.75B |
| FY2024 | 31 Dec 2024 | 1.49 | 22.77B | 15.29B |
| FY2023 | 31 Dec 2023 | 2.46 | 27.28B | 11.11B |
| FY2022 | 31 Dec 2022 | 4.65 | 30.61B | 6.58B |
| FY2021 | 31 Dec 2021 | 8.92 | 34.68B | 3.89B |
| FY2020 | 31 Dec 2020 | 23.17 | 35.55B | 1.53B |
| FY2019 | 31 Dec 2019 | 1.12 | 17.26B | 15.36B |
| FY2018 | 31 Dec 2018 | 1.21 | 16.53B | 13.69B |
| FY2017 | 31 Dec 2017 | 0.71 | 8.83B | 12.53B |
| FY2016 | 31 Dec 2016 | 0.60 | 7.33B | 12.29B |
| FY2015 | 31 Dec 2015 | 0.77 | 8.33B | 10.85B |
| FY2014 | 31 Dec 2014 | 1.11 | 9.78B | 8.81B |
| FY2013 | 31 Dec 2013 | 0.97 | 11.34B | 11.64B |
| FY2012 | 31 Dec 2012 | — | 12.71B | -2.13B |
| FY2011 | 31 Dec 2011 | — | 13.79B | -1.40B |
| FY2010 | 31 Dec 2010 | 17.00 | 15.25B | 897.00M |
| FY2009 | 31 Dec 2009 | 83.31 | 20.41B | 245.00M |
| FY2008 | 31 Dec 2008 | 24.18 | 21.13B | 874.00M |
| FY2007 | 31 Dec 2007 | 0.70 | 7.09B | 10.11B |
| FY2006 | 31 Dec 2006 | — | 8.01B | -13.59B |
| FY2005 | 31 Dec 2005 | — | 7.74B | -9.90B |
| FY2004 | 31 Dec 2004 | — | 13.90B | -5.80B |
| FY2003 | 31 Dec 2003 | — | 12.64B | -659.00M |
| FY2002 | 31 Dec 2002 | 12.28 | 10.97B | 893.00M |
| FY2001 | 31 Dec 2001 | 2.49 | 9.40B | 3.77B |
| FY1999 | 30 Jun 2000 | 1.01 | 5.02B | 4.99B |
| FY1997 | 30 Jun 1998 | 0.43 | 1.91B | 4.45B |
| FY1996 | 30 Jun 1997 | 0.52 | 2.10B | 4.02B |
| FY1995 | 30 Jun 1996 | 0.72 | 2.27B | 3.16B |
| FY1994 | 30 Jun 1995 | 1.24 | 3.33B | 2.68B |
| FY1993 | 30 Jun 1994 | 1.78 | 3.47B | 1.95B |
| FY1992 | 30 Jun 1993 | 2.40 | 3.76B | 1.57B |
| FY1991 | 30 Jun 1992 | 1.83 | 3.66B | 2.00B |
| FY1990 | 30 Jun 1991 | 1.09 | 2.14B | 1.97B |
| FY1989 | 30 Jun 1990 | 0.57 | 1.42B | 2.51B |
| FY1988 | 30 Jun 1989 | 0.27 | 719.90M | 2.62B |
| FY1987 | 30 Jun 1988 | 0.29 | 765.90M | 2.62B |
| FY1986 | 30 Jun 1987 | 0.48 | 1.07B | 2.21B |
| FY1985 | 30 Jun 1986 | 0.48 | 929.60M | 1.94B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.84 | 18.84B | 22.51B |
| Q2 FY2026 | 30 Jun 2026 | 0.92 | 19.98B | 21.82B |
| Q1 FY2026 | 31 Mar 2026 | 0.70 | 14.16B | 20.38B |
| Q4 FY2025 | 31 Dec 2025 | 1.02 | 21.08B | 20.75B |
| Q3 FY2025 | 30 Sept 2025 | 1.11 | 20.98B | 18.82B |
| Q2 FY2025 | 30 Jun 2025 | 1.22 | 21.28B | 17.44B |
| Q1 FY2025 | 31 Mar 2025 | 1.44 | 22.28B | 15.45B |
| Q4 FY2024 | 31 Dec 2024 | 1.49 | 22.77B | 15.29B |
| Q3 FY2024 | 30 Sept 2024 | 1.79 | 24.39B | 13.65B |
| Q2 FY2024 | 30 Jun 2024 | 2.00 | 24.81B | 12.39B |
| Q1 FY2024 | 31 Mar 2024 | 2.36 | 26.31B | 11.15B |
| Q4 FY2023 | 31 Dec 2023 | 2.46 | 27.28B | 11.11B |
| Q3 FY2023 | 30 Sept 2023 | 2.90 | 26.80B | 9.23B |
| Q2 FY2023 | 30 Jun 2023 | 3.40 | 27.55B | 8.10B |
| Q1 FY2023 | 31 Mar 2023 | 4.72 | 29.56B | 6.26B |
| Q4 FY2022 | 31 Dec 2022 | 4.65 | 30.61B | 6.58B |
| Q3 FY2022 | 30 Sept 2022 | 6.72 | 30.84B | 4.59B |
| Q2 FY2022 | 30 Jun 2022 | 8.55 | 32.57B | 3.81B |
| Q1 FY2022 | 31 Mar 2022 | 11.20 | 33.50B | 2.99B |
| Q4 FY2021 | 31 Dec 2021 | 8.92 | 34.68B | 3.89B |
| Q3 FY2021 | 30 Sept 2021 | 13.12 | 34.20B | 2.61B |
| Q2 FY2021 | 30 Jun 2021 | 27.57 | 35.32B | 1.28B |
| Q1 FY2021 | 31 Mar 2021 | 73.16 | 35.27B | 482.00M |
| Q4 FY2020 | 31 Dec 2020 | 23.17 | 35.55B | 1.53B |
| Q3 FY2020 | 30 Sept 2020 | 12.34 | 41.44B | 3.36B |
| Q2 FY2020 | 30 Jun 2020 | 3.54 | 30.75B | 8.69B |
| Q1 FY2020 | 31 Mar 2020 | 1.61 | 22.97B | 14.31B |
| Q4 FY2019 | 31 Dec 2019 | 1.12 | 17.26B | 15.36B |
| Q3 FY2019 | 30 Sept 2019 | 1.09 | 16.40B | 15.07B |
| Q2 FY2019 | 30 Jun 2019 | 1.17 | 16.37B | 13.96B |
| Q1 FY2019 | 31 Mar 2019 | 1.36 | 17.51B | 12.91B |
| Q4 FY2018 | 31 Dec 2018 | 1.21 | 16.53B | 13.69B |
| Q3 FY2018 | 30 Sept 2018 | 0.68 | 9.29B | 13.70B |
| Q2 FY2018 | 30 Jun 2018 | 0.77 | 9.90B | 12.86B |
| Q1 FY2018 | 31 Mar 2018 | 0.69 | 8.65B | 12.56B |
| Q4 FY2017 | 31 Dec 2017 | 0.71 | 8.83B | 12.53B |
| Q3 FY2017 | 30 Sept 2017 | 0.63 | 8.81B | 14.00B |
| Q2 FY2017 | 30 Jun 2017 | 0.67 | 9.01B | 13.48B |
| Q1 FY2017 | 31 Mar 2017 | 0.71 | 9.23B | 12.95B |
| Q4 FY2016 | 31 Dec 2016 | 0.60 | 7.33B | 12.29B |
| Q3 FY2016 | 30 Sept 2016 | 0.60 | 7.57B | 12.51B |
| Q2 FY2016 | 30 Jun 2016 | 0.66 | 7.80B | 11.81B |
| Q1 FY2016 | 31 Mar 2016 | 0.75 | 8.45B | 11.25B |
| Q4 FY2015 | 31 Dec 2015 | 0.77 | 8.33B | 10.85B |
| Q3 FY2015 | 30 Sept 2015 | 0.85 | 8.80B | 10.35B |
| Q2 FY2015 | 30 Jun 2015 | 0.97 | 9.26B | 9.56B |
| Q1 FY2015 | 31 Mar 2015 | 1.06 | 9.57B | 9.05B |
| Q4 FY2014 | 31 Dec 2014 | 1.11 | 9.78B | 8.81B |
| Q3 FY2014 | 30 Sept 2014 | 0.82 | 10.14B | 12.30B |
| Q2 FY2014 | 30 Jun 2014 | 0.85 | 10.32B | 12.20B |
| Q1 FY2014 | 31 Mar 2014 | 0.95 | 11.04B | 11.64B |
| Q4 FY2013 | 31 Dec 2013 | 0.97 | 11.34B | 11.64B |
| Q3 FY2013 | 30 Sept 2013 | 86.86 | 11.90B | 137.00M |
| Q2 FY2013 | 30 Jun 2013 | — | 12.22B | -1.18B |
| Q1 FY2013 | 31 Mar 2013 | — | 12.31B | -1.94B |
| Q4 FY2012 | 31 Dec 2012 | — | 12.71B | -2.13B |
| Q3 FY2012 | 30 Sept 2012 | — | 12.66B | -48.00M |
| Q2 FY2012 | 30 Jun 2012 | — | 13.00B | -1.14B |
| Q1 FY2012 | 31 Mar 2012 | — | 13.38B | -1.01B |
| Q4 FY2011 | 31 Dec 2011 | — | 13.79B | -1.40B |
| Q3 FY2011 | 30 Sept 2011 | 11.86 | 14.49B | 1.22B |
| Q2 FY2011 | 30 Jun 2011 | 18.68 | 14.66B | 785.00M |
| Q1 FY2011 | 31 Mar 2011 | 20.01 | 15.17B | 758.00M |
| Q4 FY2010 | 31 Dec 2010 | 17.00 | 15.25B | 897.00M |
| Q3 FY2010 | 30 Sept 2010 | 21.49 | 15.37B | 715.00M |
| Q2 FY2010 | 30 Jun 2010 | 79.31 | 15.78B | 199.00M |
| Q1 FY2010 | 31 Mar 2010 | 290.39 | 20.91B | 72.00M |
| Q4 FY2009 | 31 Dec 2009 | 83.31 | 20.41B | 245.00M |
| Q3 FY2009 | 30 Sept 2009 | 23.56 | 21.21B | 900.00M |
| Q2 FY2009 | 30 Jun 2009 | 21.02 | 20.60B | 980.00M |
| Q1 FY2009 | 31 Mar 2009 | 40.24 | 20.88B | 519.00M |
| Q4 FY2008 | 31 Dec 2008 | 24.18 | 21.13B | 874.00M |
| Q3 FY2008 | 30 Sept 2008 | 4.24 | 10.14B | 2.39B |
| Q2 FY2008 | 30 Jun 2008 | 2.45 | 9.13B | 3.72B |
| Q1 FY2008 | 31 Mar 2008 | 2.31 | 9.12B | 3.95B |
| Q4 FY2007 | 31 Dec 2007 | 0.89 | 9.00B | 10.11B |
| Q3 FY2007 | 30 Sept 2007 | 0.85 | 8.33B | 9.75B |
| Q2 FY2007 | 30 Jun 2007 | 0.88 | 8.30B | 9.47B |
| Q1 FY2007 | 31 Mar 2007 | — | 8.01B | -13.68B |
| Q4 FY2006 | 31 Dec 2006 | — | 8.01B | -13.59B |
| Q3 FY2006 | 30 Sept 2006 | — | 7.78B | -13.87B |
| Q2 FY2006 | 30 Jun 2006 | — | 7.91B | -13.87B |
| Q1 FY2006 | 31 Mar 2006 | — | 7.96B | -11.66B |
| Q4 FY2005 | 31 Dec 2005 | — | 7.74B | -9.90B |
| Q3 FY2005 | 30 Sept 2005 | — | 7.59B | -8.46B |
| Q2 FY2005 | 30 Jun 2005 | — | 14.08B | -6.99B |
| Q1 FY2005 | 31 Mar 2005 | — | 14.07B | -6.63B |
| Q4 FY2004 | 31 Dec 2004 | — | 13.90B | -5.80B |
| Q3 FY2004 | 30 Sept 2004 | — | 12.77B | -3.58B |
| Q2 FY2004 | 30 Jun 2004 | — | 12.55B | -2.95B |
| Q1 FY2004 | 31 Mar 2004 | — | 12.57B | -1.03B |
| Q4 FY2003 | 31 Dec 2003 | — | 12.64B | -659.00M |
| Q3 FY2003 | 30 Sept 2003 | 25.24 | 12.54B | 497.00M |
| Q2 FY2003 | 30 Jun 2003 | 18.11 | 12.30B | 679.00M |
| Q1 FY2003 | 31 Mar 2003 | 22.60 | 11.41B | 505.00M |
| Q4 FY2002 | 31 Dec 2002 | 12.28 | 10.97B | 893.00M |
| Q3 FY2002 | 30 Sept 2002 | 3.59 | 10.22B | 2.85B |
| Q2 FY2002 | 30 Jun 2002 | 3.16 | 10.03B | 3.18B |
| Q1 FY2002 | 31 Mar 2002 | 2.76 | 9.43B | 3.41B |
| Q4 FY2001 | 31 Dec 2001 | 2.49 | 9.40B | 3.77B |
| Q3 FY2001 | 30 Sept 2001 | 1.96 | 9.07B | 4.64B |
| Q2 FY2001 | 30 Jun 2001 | 1.36 | 6.84B | 5.03B |
| Q1 FY2001 | 31 Mar 2001 | 1.09 | 6.09B | 5.59B |
| Q1 FY2000 | 30 Sept 2000 | 0.94 | 5.17B | 5.48B |
| Q4 FY1999 | 30 Jun 2000 | 1.00 | 5.09B | 5.09B |
| Q3 FY1999 | 31 Mar 2000 | 1.04 | 5.01B | 4.80B |
| Q2 FY1999 | 31 Dec 1999 | 1.01 | 5.02B | 4.99B |
| Q1 FY1999 | 30 Sept 1999 | 0.64 | 2.98B | 4.68B |
| Q4 FY1998 | 30 Jun 1999 | 0.60 | 2.65B | 4.45B |
| Q3 FY1998 | 31 Mar 1999 | 0.59 | 2.60B | 4.42B |
| Q2 FY1998 | 31 Dec 1998 | 0.43 | 1.85B | 4.28B |
| Q1 FY1998 | 30 Sept 1998 | 0.41 | 1.66B | 4.10B |
| Q4 FY1997 | 30 Jun 1998 | 0.48 | 1.91B | 4.02B |
| Q3 FY1997 | 31 Mar 1998 | 0.40 | 1.56B | 3.86B |
| Q2 FY1997 | 31 Dec 1997 | 0.49 | 1.76B | 3.58B |
| Q1 FY1997 | 30 Sept 1997 | 0.52 | 1.76B | 3.41B |
| Q4 FY1996 | 30 Jun 1997 | 0.66 | 2.10B | 3.16B |
| Q3 FY1996 | 31 Mar 1997 | 0.65 | 1.81B | 2.81B |
| Q2 FY1996 | 31 Dec 1996 | 0.69 | 1.81B | 2.63B |
| Q1 FY1996 | 30 Sept 1996 | 0.68 | 1.81B | 2.67B |
| Q4 FY1995 | 30 Jun 1996 | 0.85 | 2.27B | 2.68B |
| Q3 FY1995 | 31 Mar 1996 | 1.36 | 2.68B | 1.97B |
| Q2 FY1995 | 31 Dec 1995 | 1.25 | 2.79B | 2.22B |
| Q1 FY1995 | 30 Sept 1995 | 1.31 | 2.83B | 2.16B |
| Q4 FY1994 | 30 Jun 1995 | 1.71 | 3.33B | 1.95B |
| Q3 FY1994 | 31 Mar 1995 | 1.68 | 2.88B | 1.72B |
| Q2 FY1994 | 31 Dec 1994 | 1.75 | 3.03B | 1.74B |
| Q1 FY1994 | 30 Sept 1994 | 1.78 | 3.17B | 1.79B |
| Q4 FY1993 | 30 Jun 1994 | 2.21 | 3.47B | 1.57B |
| Q3 FY1993 | 31 Mar 1994 | 1.90 | 3.40B | 1.79B |
| Q2 FY1993 | 31 Dec 1993 | 1.88 | 3.55B | 1.89B |
| Q1 FY1993 | 30 Sept 1993 | 1.72 | 3.53B | 2.05B |
| Q4 FY1992 | 30 Jun 1993 | 1.89 | 3.76B | 2.00B |
| Q3 FY1992 | 31 Mar 1993 | 1.15 | 3.02B | 2.63B |
| Q2 FY1992 | 31 Dec 1992 | 1.13 | 3.14B | 2.78B |
| Q1 FY1992 | 30 Sept 1992 | 0.92 | 2.70B | 2.93B |
| Q4 FY1991 | 30 Jun 1992 | 1.86 | 3.66B | 1.97B |
| Q3 FY1991 | 31 Mar 1992 | 1.55 | 3.34B | 2.16B |
| Q2 FY1991 | 31 Dec 1991 | 1.24 | 2.89B | 2.33B |
| Q1 FY1991 | 30 Sept 1991 | 0.82 | 2.08B | 2.52B |
| Q4 FY1990 | 30 Jun 1991 | 0.85 | 2.14B | 2.51B |
| Q3 FY1990 | 31 Mar 1991 | 1.19 | 2.39B | 2.02B |
| Q2 FY1990 | 31 Dec 1990 | 1.00 | 2.09B | 2.08B |
| Q1 FY1990 | 30 Sept 1990 | 0.68 | 1.57B | 2.30B |
| Q4 FY1989 | 30 Jun 1990 | 0.54 | 1.42B | 2.62B |
| Q3 FY1989 | 31 Mar 1990 | 0.47 | 1.27B | 2.72B |
| Q2 FY1989 | 31 Dec 1989 | 0.26 | 751.20M | 2.90B |
| Q1 FY1989 | 30 Sept 1989 | 0.26 | 726.10M | 2.81B |
| Q4 FY1988 | 30 Jun 1989 | 0.27 | 719.90M | 2.62B |
| Q3 FY1988 | 31 Mar 1989 | — | — | — |
| Q2 FY1988 | 31 Dec 1988 | — | — | — |
| Q1 FY1988 | 30 Sept 1988 | — | — | — |
| Q4 FY1987 | 30 Jun 1988 | 0.35 | 765.90M | 2.21B |
| Q3 FY1987 | 31 Mar 1988 | — | — | — |
| Q2 FY1987 | 31 Dec 1987 | — | — | — |
| Q1 FY1987 | 30 Sept 1987 | — | — | — |
| Q4 FY1986 | 30 Jun 1987 | 0.55 | 1.07B | 1.94B |
| Q3 FY1986 | 31 Mar 1987 | — | — | — |
| Q2 FY1986 | 31 Dec 1986 | — | — | — |
| Q1 FY1986 | 30 Sept 1986 | — | — | — |
| Q4 FY1985 | 30 Jun 1986 | 0.71 | 929.60M | 1.30B |
| Q3 FY1985 | 31 Mar 1986 | — | — | — |
| Q2 FY1985 | 31 Dec 1985 | — | — | — |
| Q1 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Delta Air Lines's debt to equity
Source: Financial Modeling Prep
