Delta Air Lines Inc (DAL)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 6,235,000 | 5,607,000 | 4,452,000 | 3,893,000 | 2,609,000 | 1,915,000 | 400,000 | 970,000 | 713,000 | 398,000 | -315,000 | -8,706,000 | -16,496,000 | -15,588,000 | -13,081,000 | -4,275,000 | 4,646,000 | 6,199,000 | 6,145,000 | 5,886,000 |
| Revenue (ttm) | US$ in thousands | 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 | 46,779,000 | 46,082,000 | 45,545,000 |
| Pretax margin | 10.72% | 9.81% | 7.90% | 7.11% | 4.93% | 3.87% | 0.88% | 2.40% | 2.12% | 1.40% | -1.38% | -51.34% | -144.17% | -96.42% | -54.51% | -12.68% | 10.35% | 13.25% | 13.33% | 12.92% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $6,235,000K ÷ $58,180,000K
= 10.72%
Delta Air Lines Inc's pretax margin has shown a positive trend over the past few quarters, indicating improved profitability before considering taxes and other expenses. The pretax margin increased from 10.72% in March 2024 to 9.81% in December 2023, showing a strong performance. This follows a gradual improvement from a low of -144.17% in March 2021, which suggests that the company has made significant strides in enhancing its operational efficiency and cost management. Overall, the upward trend in pretax margin reflects Delta Air Lines Inc's efforts to enhance its profitability and financial performance.
Peer comparison
Mar 31, 2024