Delta Air Lines Inc (DAL)
Financial leverage ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 81,185,000 | 79,623,000 | 78,395,000 | 77,342,000 | 75,372,000 | 75,368,000 | 75,197,000 | 74,969,000 | 73,644,000 | 73,247,000 | 73,497,000 | 73,134,000 | 72,275,000 | 72,596,000 | 74,805,000 | 73,748,000 | 72,471,000 | 72,783,000 | 75,309,000 | 73,083,000 |
| Total stockholders’ equity | US$ in thousands | 20,753,000 | 18,822,000 | 17,440,000 | 15,447,000 | 15,293,000 | 13,646,000 | 12,386,000 | 11,151,000 | 11,105,000 | 9,226,000 | 8,100,000 | 6,260,000 | 6,582,000 | 4,590,000 | 3,811,000 | 2,991,000 | 3,887,000 | 2,606,000 | 1,281,000 | 482,000 |
| Financial leverage ratio | 3.91 | 4.23 | 4.50 | 5.01 | 4.93 | 5.52 | 6.07 | 6.72 | 6.63 | 7.94 | 9.07 | 11.68 | 10.98 | 15.82 | 19.63 | 24.66 | 18.64 | 27.93 | 58.79 | 151.62 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $81,185,000K ÷ $20,753,000K
= 3.91
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Delta Air Lines Inc
DAL
3.91
Alaska Air Group Inc
ALK
—
American Airlines Group
AAL
—
JetBlue Airways Corp
JBLU
7.31
SkyWest Inc
SKYW
2.69
Southwest Airlines Company
LUV
3.64
United Airlines Holdings Inc
UAL
5.00