Delta Air Lines Inc (DAL)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 3,457,000 | 4,609,000 | 1,318,000 | 280,000 | -12,385,000 |
Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
Net profit margin | 5.61% | 8.06% | 2.67% | 0.99% | -76.61% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,457,000K ÷ $61,604,000K
= 5.61%
Delta Air Lines Inc's net profit margin has shown improvement over the years, starting at a significant negative figure of -76.61% on December 31, 2020. By the end of 2021, the net profit margin turned positive at 0.99%, indicating a recovery in profitability. This positive trend continued in the following years, with the net profit margin increasing to 2.67% by December 31, 2022, 8.06% by December 31, 2023, and 5.61% by December 31, 2024.
The increase in net profit margin reflects Delta Air Lines Inc's ability to effectively manage costs and generate more profits from its revenue. It suggests that the company may have implemented strategies to enhance efficiency, control expenses, and optimize its operations to drive profitability.
However, the slight decline in the net profit margin from 8.06% in 2023 to 5.61% in 2024 could indicate some challenges or changes in the company's financial performance during that period. It is important for stakeholders to further investigate the factors contributing to this decrease to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024