Delta Air Lines Inc (DAL)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 26,756,000 | 25,328,000 | 25,238,000 | 24,614,000 | 24,122,000 | 24,579,000 | 23,824,000 | 22,898,000 | 21,070,000 | 19,389,000 | 17,036,000 | 13,059,000 | 9,651,000 | 5,382,000 | -3,774,000 | -10,082,000 | -6,723,000 | 4,945,000 | 16,273,000 | 26,215,000 |
| Revenue (ttm) | US$ in thousands | 61,398,000 | 59,858,000 | 59,460,000 | 58,180,000 | 57,151,000 | 56,332,000 | 54,746,000 | 52,914,000 | 49,453,000 | 45,408,000 | 40,372,000 | 33,646,000 | 28,386,000 | 22,842,000 | 16,956,000 | 11,442,000 | 16,166,000 | 23,997,000 | 33,716,000 | 44,903,000 |
| Gross profit margin | 43.58% | 42.31% | 42.45% | 42.31% | 42.21% | 43.63% | 43.52% | 43.27% | 42.61% | 42.70% | 42.20% | 38.81% | 34.00% | 23.56% | -22.26% | -88.11% | -41.59% | 20.61% | 48.26% | 58.38% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $26,756,000K ÷ $61,398,000K
= 43.58%
Based on the provided data, Delta Air Lines Inc's gross profit margin has seen significant fluctuations over the past few years.
The gross profit margin started at a healthy 58.38% in March 2020 but experienced a notable decline in the subsequent quarters, reaching a low of -88.11% in March 2021 and -41.59% in December 2020. These negative margins could be attributed to challenges faced by the airline industry, such as the COVID-19 pandemic and its impact on air travel demand.
However, there has been a notable recovery since, with the gross profit margin improving steadily. By December 2024, the gross profit margin had rebounded to a respectable 43.58%. This positive trend suggests that Delta Air Lines Inc has been able to adapt and recover from the challenges it faced, potentially through cost-cutting measures, revenue-generating initiatives, or operational efficiencies.
Overall, while the company faced significant hurdles in the past, the recent improvement in gross profit margin reflects a more stable financial performance and indicates a positive outlook for Delta Air Lines Inc.
Peer comparison
Dec 31, 2024