Delta Air Lines Inc (DAL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 26,961,000 | 24,121,000 | 21,063,000 | 9,610,000 | -11,151,000 |
| Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
| Gross profit margin | 43.77% | 42.21% | 42.59% | 33.96% | -68.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $26,961,000K ÷ $61,604,000K
= 43.77%
Delta Air Lines Inc's gross profit margin has shown significant fluctuations over the years. Starting at a negative margin of -68.98% in December 2020, the company managed to turn its performance around by achieving a positive margin of 33.96% in December 2021. Subsequently, Delta Air Lines Inc further improved its gross profit margin to 42.59% by December 2022, followed by a slight decrease to 42.21% in December 2023. The most recent data point indicates a positive trend with a gross profit margin of 43.77% as of December 31, 2024.
Overall, the increasing trend in Delta Air Lines Inc's gross profit margin from 2020 to 2024 reflects the company's efforts in improving its profitability and operational efficiency. This positive development may signify effective cost management, pricing strategies, or revenue growth initiatives implemented by the company during this period.
Peer comparison
Dec 31, 2024