Delta Air Lines Inc (DAL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 58.99% | 58.37% | 57.80% |
| Operating profit margin | 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% | 14.15% | 13.69% | 12.92% |
| 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% |
| Net profit margin | 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% | 10.19% | 10.17% | 9.91% |
Delta Air Lines Inc has shown a consistent improvement in its gross profit margin over the past few quarters, with a current ratio of 42.31%. This suggests better control over production and operating costs. The operating profit margin has also been on an upward trend, indicating effective management of operating expenses and an efficient operational performance, currently standing at 11.02%. The pretax margin has shown volatility but has generally improved, reaching 10.72%, demonstrating better management of taxes and non-operating expenses.
Net profit margin has significantly improved from negative margins to positive margins, standing at 8.61%. This reflects the company's ability to generate profits after accounting for all expenses including interest and taxes. Overall, Delta Air Lines Inc has shown a considerable improvement in its profitability ratios over the quarters, indicating better financial health and sustainability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 10.26% | 9.98% | 9.41% |
| Return on assets (ROA) | 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% | 7.39% | 7.41% | 7.22% |
| Return on total capital | 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% | 28.27% | 28.50% | 27.79% |
| Return on equity (ROE) | 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% | 31.04% | 31.11% | 32.34% |
Delta Air Lines Inc has shown a positive trend in its profitability ratios over the past quarters. The operating return on assets (Operating ROA) has consistently increased, indicating the company's ability to generate operating income relative to its assets.
Similarly, the Return on assets (ROA) and Return on total capital have also shown improvement, reflecting the company's overall ability to generate profits from its assets and capital investments.
The most significant improvement is seen in the Return on equity (ROE) which has consistently increased, showing how effectively the company is generating profits for its shareholders relative to their equity investments.
Overall, the positive trend in Delta Air Lines Inc's profitability ratios suggests improved efficiency and profitability in the company's operations over the analyzed period.