Delta Air Lines Inc (DAL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,609,000 | 1,318,000 | 280,000 | -12,385,000 | 4,767,000 |
| Revenue | US$ in thousands | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 | 46,706,000 |
| Net profit margin | 8.06% | 2.67% | 0.99% | -76.61% | 10.21% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $4,609,000K ÷ $57,151,000K
= 8.06%
The net profit margin of Delta Air Lines, Inc. has displayed significant fluctuations over the past five years. In 2019, the company achieved a robust net profit margin of 10.14%, indicating strong profitability relative to its revenue. However, this was followed by a substantial decline in 2020, where the net profit margin plummeted to -72.45%, reflecting a period of significant losses or expenses exceeding revenue.
In 2021, there was a slight improvement as the net profit margin increased to 0.94%, although it remained relatively low compared to previous years. The trend continued in 2022, with a further increase to 2.61%, indicating a gradual recovery in profitability.
The most recent data for 2023 shows a notable improvement in Delta Air Lines' net profit margin, reaching 7.94%. This resurgence suggests the company has been able to enhance its profitability significantly compared to the previous year.
Overall, the fluctuating nature of Delta Air Lines' net profit margin over the last five years highlights the volatility in its financial performance, likely influenced by various factors such as operational challenges, economic conditions, and industry dynamics. Investors and stakeholders may closely monitor future financial results to assess the company's ability to sustain and enhance its profitability levels.
Peer comparison
Dec 31, 2023