Delta Air Lines Inc (DAL)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
| Total assets | US$ in thousands | 75,372,000 | 73,644,000 | 72,288,000 | 72,459,000 | 71,996,000 |
| Total asset turnover | 0.82 | 0.78 | 0.68 | 0.39 | 0.22 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $61,604,000K ÷ $75,372,000K
= 0.82
The total asset turnover for Delta Air Lines Inc has shown a consistent improvement over the years, reflecting the company's ability to generate revenue from its total assets efficiently. From 0.22 in 2020, the ratio increased to 0.39 in 2021, indicating that Delta was able to generate more revenue for each dollar of assets invested. Subsequently, the ratio further improved to 0.68 in 2022, 0.78 in 2023, and finally 0.82 in 2024, highlighting a sustained trend of better asset utilization and operational efficiency. This signifies that Delta Air Lines Inc has been effectively managing its assets to drive revenue growth and maximize its operational performance.
Peer comparison
Dec 31, 2024