Delta Air Lines Inc (DAL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.58% | 42.31% | 42.45% | 42.31% | 42.21% | 43.63% | 43.52% | 43.27% | 42.61% | 42.70% | 42.20% | 38.81% | 34.00% | 23.56% | -22.26% | -88.11% | -41.59% | 20.61% | 48.26% | 58.38% |
| 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% |
| Pretax margin | 7.59% | 9.57% | 9.57% | 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% |
| 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% |
Delta Air Lines Inc has shown a significant improvement in its profitability ratios over the past few quarters. The gross profit margin, a measure of profitability after accounting for the cost of goods sold, has steadily increased from a low of -41.59% in December 2020 to 43.58% in December 2024, indicating better cost management and higher revenues.
Similarly, the operating profit margin, which reflects the company's ability to generate income from its core operations, has rebounded from negative figures in 2020 to reach 10.41% in June 2024. This improvement suggests Delta has been able to control its operational expenses and increase operational efficiency.
The pretax margin, a measure of profitability before taxes, has also shown a positive trend, moving from negative values in 2020 to 7.59% in December 2024. This indicates that Delta has been able to increase its pre-tax earnings relative to its total revenue.
Finally, the net profit margin, which indicates the percentage of revenue that translates into profit after all expenses have been deducted, has also experienced a positive trajectory, reaching 5.63% in December 2024. This suggests that Delta has been able to effectively manage its costs and improve its bottom line profitability.
Overall, Delta Air Lines Inc's profitability ratios have shown a consistent upward trend, reflecting the company's efforts to enhance efficiency, control costs, and boost profitability in a challenging operating environment.
Return on investment
| 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 return on assets (Operating ROA) | 7.95% | 7.43% | 8.23% | 8.55% | 7.50% | 7.74% | 6.99% | 5.70% | 5.07% | 3.38% | 4.28% | 3.39% | 2.60% | 1.05% | -10.39% | -18.41% | -17.32% | -12.91% | -2.43% | 7.55% |
| Return on assets (ROA) | 4.59% | 6.17% | 5.97% | 6.68% | 6.26% | 4.64% | 4.07% | 2.59% | 1.82% | 0.11% | 0.80% | 0.70% | 0.39% | -0.09% | -8.84% | -17.83% | -17.20% | -13.32% | -5.06% | 5.10% |
| Return on total capital | 20.79% | 20.34% | 23.37% | 23.99% | 20.38% | 22.16% | 20.58% | 16.84% | 14.13% | 10.07% | 12.69% | 9.65% | 6.87% | 2.87% | -29.50% | -53.22% | -44.43% | -31.65% | -6.45% | 19.91% |
| Return on equity (ROE) | 22.61% | 34.08% | 36.23% | 44.92% | 41.50% | 36.86% | 36.89% | 30.29% | 20.04% | 1.79% | 15.72% | 17.25% | 7.18% | -2.61% | -519.83% | -2,702.90% | -807.37% | -313.70% | -42.08% | 24.48% |
Delta Air Lines Inc's profitability ratios show a mixed performance over the quarters.
1. Operating return on assets (Operating ROA) improved gradually from 7.55% in March 2020 to 8.55% in March 2024. However, there was a notable dip in June 2020 and a period of negative figures from September 2020 to June 2021, indicating operational challenges during that period.
2. Return on assets (ROA) also experienced fluctuations, with negative values up to June 2021 before showing positive trends, reaching 6.17% in September 2024. The company managed to turn around its asset efficiency over the period under review.
3. Return on total capital increased steadily from March 2020 (19.91%) to December 2024 (20.79%), marking consistent growth in generating returns on invested capital. The ratio showed resilience even during the challenging periods.
4. Return on equity (ROE) saw extreme fluctuations, with drastic negative values in 2020, reflecting challenges in profitability relative to shareholders' equity. However, Delta Air Lines managed to improve its ROE significantly from March 2021 onwards, reaching 22.61% by December 2024, indicating a recovery in the company's profitability attributable to shareholders.
Overall, while there were periods of challenges, Delta Air Lines' profitability ratios demonstrated a positive trajectory towards the end of the period, indicating improved operational performance and shareholder value creation.