Back to DAL overview

DAL Delta Air Lines PE ratio, current and historical analysis

As at Apr 11, 2024, the DAL stock has a PE ratio of 6.08. This is based on the current EPS of $7.83 and the stock price of $47.63 per share. A decrease of 16% has been seen in the P/E ratio compared to the average of 7.2 of the last 4 quarters.

DAL PE ratio history

How has DAL's PE ratio performed in the past

The mean historical PE ratio of Delta Air Lines over the last ten years is 22.16. The current 6.08 PE ratio is 73% below the historical average. Over the past ten years, DAL's PE ratio was at its highest in the Sep 2022 quarter at 233.83, with a price of $28.06 and an EPS of $0.12. The Jun 2014 quarter recorded the bottom point at 3.03, with a price of $38.72 and an EPS of $12.8.

Average
22.16
Median
9.54
Minimum
3.03
Maximum
233.83

Delta Air Lines PE ratio by year

Maximum annual increase: 2,717.65% in 2014

Maximum annual decrease: -85.68% in 2015

Year PE ratio Change
2023 5.58 -64.84%
2022 15.87 -82.13%
2021 88.82 N/A
2020 N/A N/A
2019 7.99 -8.89%
2018 8.77 -30.29%
2017 12.58 42.95%
2016 8.8 -1.35%
2015 8.92 -85.68%
2014 62.27 2,717.65%

DAL average PE ratio chart

What is the average PE ratio of DAL for the past years

The current PE ratio of DAL is below the 3, 5 and 10-year averages.

3-year avg
45.97
5-year avg
34.96
10-year avg
22.16
15-year avg
26.37

DAL PE vs peers

What is DAL's PE ratio compared to its peers

Compared to its peers LUV and AAL, DAL's PE ratio stands lower, however it is higher than UAL's. Delta Air Lines's PE ratio is trading below the peer group average of 17.19.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 5.24 $13.72B
DAL Delta Air Lines Inc 5.98 $30.24B
ALGT Allegiant Travel CO 9.69 $1.12B
AAL American Airlines Group Inc 10.44 $8.61B
ALK Alaska Air Group Inc 22.45 $5.21B
LUV Southwest Airlines Co 35.31 $16.43B
SKYW Skywest Inc 86.86 $2.73B
JBLU Jetblue Airways Corp N/A $2.3B
SAVE Spirit Airlines Inc N/A $457.62M
HA Hawaiian Holdings Inc N/A $674.5M

Frequently asked questions

What is Delta Air Lines's PE ratio?

As of Apr 11, 2024, DAL stock has a price to earnings ratio of 6.08.

What is the 3-year average PE ratio for Delta Air Lines (DAL)?

The 3-year average PE ratio for DAL stock is 45.97.

What is the 5-year average PE ratio for Delta Air Lines (DAL)?

The 5-year average PE ratio for DAL stock is 34.96.

What is the highest PE ratio for DAL?

Over the last ten years, the quarterly PE ratio reached a historic high of 233.83 in the Sep 2022 quarter.

How does the current PE ratio for DAL compare to its historical average?

DAL's current price to earnings ratio is 73% below its 10-year historical average.

Why is Delta Air Lines's PE ratio so low?

DAL's PE ratio of 6.08 is considered low because the company's stock price is trading at a lower multiple of earnings.

How is DAL's PE ratio calculated (Delta Air Lines PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 11, 2024), Delta Air Lines's stock price is $47.63. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.83. Therefore, Delta Air Lines's P/E ratio for today is 6.08. PE RATIO(6.08) = STOCK PRICE($47.63) / TTM EPS($7.83)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.