Delta Air Lines Inc (DAL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,457,000 | 4,651,000 | 4,487,000 | 5,009,000 | 4,609,000 | 3,401,000 | 2,988,000 | 1,896,000 | 1,319,000 | 82,000 | 599,000 | 516,000 | 279,000 | -68,000 | -6,659,000 | -13,028,000 | -12,385,000 | -10,531,000 | -3,657,000 | 3,503,000 |
| 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 |
| Net profit margin | 5.63% | 7.77% | 7.55% | 8.61% | 8.06% | 6.04% | 5.46% | 3.58% | 2.67% | 0.18% | 1.48% | 1.53% | 0.98% | -0.30% | -39.27% | -113.86% | -76.61% | -43.88% | -10.85% | 7.80% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,457,000K ÷ $61,398,000K
= 5.63%
Net profit margin is a key profitability ratio that indicates the percentage of revenue converted into profit by a company after deducting all expenses. Looking at the data provided for Delta Air Lines Inc, the net profit margin has fluctuated significantly over time.
In the first quarter of 2020, the net profit margin was healthy at 7.80%, indicating a decent level of profitability. However, in the following quarters, the net profit margin dipped into negative territory, with significant declines in profitability. This was likely due to the impact of the COVID-19 pandemic on the airline industry, leading to reduced air travel demand and increased operating expenses.
As the data progresses into 2021 and beyond, there is a gradual improvement in Delta's net profit margin, with the company returning to positive territory by the end of 2021. The trend continues positively into 2022 and 2023, with the net profit margin showing steady improvement, reaching a peak of 8.61% in the first quarter of 2024.
Overall, the data reflects the challenges faced by Delta Air Lines due to external factors like the pandemic, as well as its efforts to adapt and improve profitability over time. The upward trend in the net profit margin in recent quarters indicates a positive trajectory for the company's financial performance.
Peer comparison
Dec 31, 2024