Delta Air Lines Inc (DAL)

Operating 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
Operating income (ttm)	US$ in thousands	5,995,000	5,600,000	6,187,000	6,411,000	5,520,000	5,668,000	5,140,000	4,168,000	3,662,000	2,455,000	3,204,000	2,501,000	1,886,000	765,000	-7,826,000	-13,457,000	-12,469,000	-10,212,000	-1,755,000	5,188,000
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
Operating profit margin		9.76%	9.36%	10.41%	11.02%	9.66%	10.06%	9.39%	7.88%	7.41%	5.41%	7.94%	7.43%	6.64%	3.35%	-46.15%	-117.61%	-77.13%	-42.56%	-5.21%	11.55%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,995,000K ÷ $61,398,000K
= 9.76%

Delta Air Lines Inc's operating profit margin has shown significant fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin, which measures the company's ability to generate profits from its core operations, started positively at 11.55% in March 2020, but then dipped into negative territory in the following quarters. The margins remained negative until the third quarter of 2021, indicating challenges faced by the company in maintaining profitability.

However, there was a notable turnaround in the third quarter of 2021, with the operating profit margin improving to 3.35% and continuing on a positive trajectory through December 2024. The margin reached a peak of 11.02% in March 2024, indicating improved operational efficiency and profitability for Delta Air Lines during this period.

Overall, the trend in operating profit margin for Delta Air Lines Inc shows a recovery from negative margins to positive levels, demonstrating the company's ability to adapt and improve its operational performance over time.