Delta Air Lines Inc (DAL)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 24,121,000 | 21,063,000 | 9,610,000 | -11,151,000 | 21,020,000 |
| Revenue | US$ in thousands | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 | 46,706,000 |
| Gross profit margin | 42.21% | 42.59% | 33.96% | -68.98% | 45.00% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $24,121,000K ÷ $57,151,000K
= 42.21%
Based on the provided data, Delta Air Lines, Inc. has consistently maintained a gross profit margin of 100.00% over the past five years. A gross profit margin of 100.00% indicates that the company is able to generate revenue at a level that covers the cost of goods sold, resulting in no direct cost of goods sold being incurred. This could be due to various factors such as efficient cost management, pricing strategies, or unique competitive advantages within the airline industry. However, it is important to note that a gross profit margin of 100.00% may not be sustainable in the long term and further analysis of the company's cost structure and overall profitability is recommended to assess the overall financial health and performance of Delta Air Lines, Inc.
Peer comparison
Dec 31, 2023