Delta Air Lines Inc (DAL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,658,000 | 5,608,000 | 1,914,000 | 398,000 | -15,587,000 |
| Revenue | US$ in thousands | 61,604,000 | 57,151,000 | 49,453,000 | 28,301,000 | 16,166,000 |
| Pretax margin | 7.56% | 9.81% | 3.87% | 1.41% | -96.42% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $4,658,000K ÷ $61,604,000K
= 7.56%
The pretax margin of Delta Air Lines Inc has shown a significant improvement over the years based on the provided data.
- In December 31, 2020, the pretax margin was at a negative 96.42%, indicating a substantial loss before taxes were factored in.
- By December 31, 2021, there was a notable turnaround, with the pretax margin improving to 1.41%, indicating a return to profitability.
- Over the next years, the positive trend continued, reaching 3.87% by December 31, 2022, and further improving to 9.81% by December 31, 2023, showing a strengthening financial performance.
- However, by December 31, 2024, there was a slight decline where the pretax margin decreased to 7.56%, but still indicating a healthy level of profitability compared to the earlier years.
Overall, the pretax margin of Delta Air Lines Inc has displayed a positive trajectory, indicating the company's ability to generate profits before accounting for taxes, with some fluctuations observed in the most recent year.
Peer comparison
Dec 31, 2024