Industrials · Passenger Airlines
Delta Air Lines: revenue, profit and dividends
In fiscal 2025, Delta Air Lines had revenue of $63.4B, up 4.5% a year on average since 2015, and net income of $5.0B (7.9% of revenue). It paid a dividend of $0.68 a share. It has 19% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +2.8% vs 2024
- Ticker
- DAL · NYSE
- Sector
- Industrials
- Sub-industry
- Passenger Airlines
- Headquarters
- Atlanta, Georgia
- Founded
- 1929
- In the S&P 500 since
- September 11, 2013
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Delta Air Lines, Inc. · CIK 0000027904
Revenue and net income
Revenue went from $22.7B in 2008 to $63.4B in 2025. Net loss in 2008–2009, 2020.
Diluted earnings per share
Diluted EPS went from −$19.08 in 2008 to $7.66 in 2025. Ten-year growth: 3.1% a year.
Dividends per share
Raised 2 years in a row, every year from 2024 to 2025. Ten-year growth: 4.1% a year.
Shares outstanding
18.7% fewer shares in 2025 than in 2015 (804M → 654M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $3.84B in 2025, 6.1% of revenue. Negative in 2020, 2022.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $63.4B | $5.0B | 7.9% | $7.66 | $0.68 | 654M | $8.34B | $4.5B | $3.84B |
| 2024 | $61.6B | $3.46B | 5.6% | $5.33 | $0.50 | 648M | $8.03B | $5.14B | $2.88B |
| 2023 | $58B | $4.61B | 7.9% | $7.17 | $0.20 | 643M | $6.46B | $5.32B | $1.14B |
| 2022 | $50.6B | $1.32B | 2.6% | $2.06 | $0.00 | 641M | $6.36B | $6.37B | −$3.0M |
| 2021 | $29.9B | $280M | 0.9% | $0.44 | $0.00 | 641M | $3.26B | $3.25B | $17M |
| 2020 | $17.1B | −$12.4B | −72.4% | −$19.49 | $0.40 | 636M | −$3.79B | $1.9B | −$5.69B |
| 2019 | $47B | $4.77B | 10.1% | $7.30 | $1.51 | 653M | $8.43B | $4.94B | $3.49B |
| 2018 | $44.4B | $3.94B | 8.9% | $5.67 | $1.31 | 694M | $7.01B | $5.17B | $1.85B |
| 2017 | $41.1B | $3.21B | 7.8% | $4.43 | $1.02 | 723M | $5.02B | $3.89B | $1.13B |
| 2016 | $39.5B | $4.2B | 10.6% | $5.55 | $0.68 | 755M | $7.21B | $3.39B | $3.82B |
| 2015 | $40.7B | $4.53B | 11.1% | $5.63 | $0.45 | 804M | $7.93B | $2.94B | $4.98B |
| 2014 | $40.4B | $659M | 1.6% | $0.78 | $0.30 | 845M | $4.95B | $2.25B | $2.7B |
| 2013 | $37.8B | $10.5B | 27.9% | $12.29 | $0.12 | 858M | $4.5B | $2.57B | $1.94B |
| 2012 | $36.7B | $1.01B | 2.8% | $1.19 | $0.00 | 850M | $2.48B | $1.97B | $508M |
| 2011 | $35.1B | $854M | 2.4% | $1.01 | $0.00 | 844M | — | — | — |
| 2010 | $31.8B | $593M | 1.9% | $0.70 | — | 843M | — | — | — |
| 2009 | $28.1B | −$1.24B | −4.4% | −$1.50 | — | 827M | — | — | — |
| 2008 | $22.7B | −$8.92B | −39.3% | −$19.08 | — | — | — | — | — |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Passenger Airlines companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.