DELTA AIR LINES, INC.

DALCIK 000002790417 fiscal years

RevenueFY2025

$63.36B2.8%

Net incomeFY2025

$5.00B44.8%

Free cash flowFY2025

$3.84B33.2%

Diluted EPSFY2025

$7.6643.7%

Trends

FY2009–FY2025 · hover a year for its filing

Revenue & net incomeRevenueNet income

revenue 2.3× since FY2009 · net margin -4.4% → 7.9%

MarginsNet marginFCF margin

FY2025: net 7.9% · free cash flow 6.1% of revenue

Cash flowOperating cash flowFree cash flow

FY2025: $8.34B operating cash − $4.50B capex = $3.84B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 66% (FY2010) → 24% (FY2025) · on assets 6.2%

Financial statements

Annual Quarterly

USD millions, except per-share values; share counts in millions. Hover a value for its XBRL tag and filing accession.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	63,364	61,643	58,048	50,582	29,899	17,095	47,007	44,438	41,138	39,450	40,704	40,362
Net income	5,005	3,457	4,609	1,318	280	(12,385)	4,767	3,935	3,205	4,195	4,526	659
Diluted EPS	7.66	5.33	7.17	2.06	0.44	(19.49)	7.30	5.67	4.43	5.55	5.63	0.78
Diluted shares	654	648	643	641	641	636	653	694	723	755	804	845
Operating cash flow	8,342	8,025	6,464	6,363	3,264	(3,793)	8,425	7,014	5,023	7,215	7,927	4,947
Capital expenditures	4,499	5,140	5,323	6,366	3,247	1,899	4,936	5,168	3,891	3,391	2,945	2,249
Free cash flow	3,843	2,885	1,141	(3)	17	(5,692)	3,489	1,846	1,132	3,824	4,982	2,698
Cash & equivalents	4,310	3,069	2,741	3,266	7,933	8,307	2,882	1,565	1,814	2,762	1,972	2,088
Total assets	81,317	75,372	73,644	72,288	72,459	71,996	64,532	60,266	53,671	51,261	53,134	54,005
Shareholders' equity	20,853	15,293	11,105	6,582	3,887	1,534	15,358	13,687	12,530	12,287	10,850	8,813

As reported in SEC filings; a missing tag shows “—”, never zero. Free cash flow is operating cash flow − capex. Methodology