Dividend Overview
Dividend Yield
0.98%
Dividend / Share
$0.67
Delta Air Lines Inc
Exchange: NYSESector: IndustrialsIndustry: Airlines
Through exceptional service and the power of innovation, Delta Air Lines never stops looking for ways to make every trip feel tailored to every customer. There are 100,000 Delta people leading the way to deliver a world-class customer experience on up to 5,500 daily Delta and Delta Connection flights to more than 300 destinations on six continents, connecting people to places and to each other. Delta served more than 200 million customers in 2025 – safely, reliably and with industry-leading customer service innovation – and was recognized by Cirium for being the top on-time airline in North America for the fifth consecutive year. We remain committed to ensuring that the future of travel is connected, personalized and enjoyable. Our people's genuine, enduring motivation is to make every customer feel welcomed and cared for across every point of their journey with us. Headquartered in Atlanta, Delta operates significant hubs and key markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon and Tokyo. As the leading global airline, Delta's mission to connect the world creates opportunities, fosters understanding and expands horizons by connecting people and communities to each other and to their own potential. A founding member of the SkyTeam alliance and powered by innovative and strategic partnerships throughout the world with Aeromexico, Air France-KLM, China Eastern, Korean Air, LATAM, Virgin Atlantic and WestJet, Delta brings more choice and competition to customers worldwide. Delta's premium product line is elevated by its unique partnership with Wheels Up Experience. Delta is America's most-awarded airline thanks to the dedication, passion and professionalism of its people. In addition to the award from Cirium, Delta has been recognized as the World's Most Admired Airline and one of the Best 100 Companies to Work For according to Fortune; the top carrier for business travelers by Business Travel News; and best U.S. airline by Forbes Travel Guide's Verified Air Travel Awards. In addition, Delta has been named to the Civic 50 by Points of Light as one of the most community minded companies in the U.S.
Did you know?
Capital expenditures decreased by 12% from FY24 to FY25.
Current Price
$68.41
-2.58%GoodMoat Value
$141.75
107.2% undervaluedProfile
Valuation (TTM)
Market Cap$44.68B
P/E9.98
EV$58.49B
P/B2.14
Shares Out653.13M
P/Sales0.69
Revenue$65.18B
EV/EBITDA6.85
Delta Air Lines Inc (DAL) Dividends
GoodMoat Analysis
Delta Air Lines offers a modest dividend with a highly sustainable payout ratio, but the yield is below the sector average. The company's strong free cash flow generation and improving balance sheet provide a solid foundation for the current distribution, though dividend growth has been limited.
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For an income-focused value investor, Delta's dividend profile presents a mixed picture. The dividend appears very sustainable, with a payout ratio estimated at approximately 13% based on the provided EPS of $7.66 and a $0.99 annualized yield. This is a low ratio, indicating the company retains significant earnings for debt reduction and reinvestment. However, the yield of 0.99% is below the broader Industrials sector average, which may be less attractive for pure income seekers. The company's ability to grow the dividend is constrained by its capital allocation priorities, which have historically focused on strengthening the balance sheet post-pandemic. The free cash flow picture is supportive; an 8.7% FCF yield is strong and, when referenced against the GoodMoat framework's quality indicators, suggests the cash generation is more than sufficient to cover the modest payout. The framework's balance sheet check shows progress, with a Debt/Equity ratio of 0.97 moving towards the favourable threshold of less than 1.0x, but the primary use of cash flow remains debt reduction rather than aggressive dividend increases. The dividend is secure but not a primary driver of total return at this stage. Analysis based on data as of 2024-05-15.
Key Metrics
Market Cap
$44.68B
P/E Ratio
9.98
Forward P/E
—
EPS
$7.66
PEG Ratio
-0.05
Book Value
$31.93
Dividend Yield
0.98%
Profit Margin
6.87%
ROE
21.47%
Dividend History
Dividend Safety
DAL Dividend Analysis
Delta Air Lines Inc (DAL) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 0.98%. The annual dividend per share is $0.67.
P/E ratio: 9.98. Profit margin: 6.87%. Free cash flow: $3.84B. This page shows Delta Air Lines Inc's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.
GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Delta Air Lines Inc's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.