DAL Delta Air Lines PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: DAL
- PE Ratio
As at Jun 11, 2025, the DAL stock has a PE ratio of 8.63. This is based on the current EPS of $5.7 and the stock price of $49.17 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 8.2 of the last 4 quarters.
DAL PE ratio history
The mean historical PE ratio of Delta Air Lines over the last ten years is 20.2. The current 8.63 PE ratio is 57% 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 Mar 2020 quarter recorded the bottom point at 5.27, with a price of $28.53 and an EPS of $5.41.
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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 11.22 | 101.08% | $60.5 | $5.39 |
| 2023 | 5.58 | -64.84% | $40.23 | $7.21 |
| 2022 | 15.87 | -82.13% | $32.86 | $2.07 |
| 2021 | 88.82 | N/A | $39.08 | $0.44 |
| 2020 | N/A | N/A | $40.21 | -$19.49 |
| 2019 | 7.99 | -8.89% | $58.48 | $7.32 |
| 2018 | 8.77 | -30.29% | $49.9 | $5.69 |
| 2017 | 12.58 | 42.95% | $56 | $4.45 |
| 2016 | 8.8 | -1.35% | $49.19 | $5.59 |
| 2015 | 8.92 | -85.68% | $50.69 | $5.68 |
| 2014 | 62.27 | 2,717.65% | $49.19 | $0.79 |
| 2013 | 2.21 | -77.65% | $27.47 | $12.41 |
| 2012 | 9.89 | 24.72% | $11.87 | $1.2 |
| 2011 | 7.93 | -55.32% | $8.09 | $1.02 |
| 2010 | 17.75 | N/A | $12.6 | $0.71 |
Delta Air Lines PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 7.65 | -31.82% | $43.6 | $5.7 |
| Dec 2024 | 11.22 | 60.29% | $60.5 | $5.39 |
| Sep 2024 | 7 | 3.4% | $50.79 | $7.26 |
| Jun 2024 | 6.77 | 10.8% | $47.44 | $7.01 |
| Mar 2024 | 6.11 | 9.5% | $47.87 | $7.83 |
| Dec 2023 | 5.58 | -19.71% | $40.23 | $7.21 |
| Sep 2023 | 6.95 | -31.59% | $37 | $5.32 |
| Jun 2023 | 10.16 | -13.61% | $47.54 | $4.68 |
| Mar 2023 | 11.76 | -25.9% | $34.92 | $2.97 |
| Dec 2022 | 15.87 | -93.21% | $32.86 | $2.07 |
| Sep 2022 | 233.83 | 650.66% | $28.06 | $0.12 |
| Jun 2022 | 31.15 | -37.02% | $28.97 | $0.93 |
| Mar 2022 | 49.46 | -44.31% | $39.57 | $0.8 |
| Dec 2021 | 88.82 | N/A | $39.08 | $0.44 |
| Sep 2021 | N/A | N/A | $42.61 | -$0.12 |
DAL Price vs fair value
DAL average PE ratio chart
The current PE ratio of DAL is below the 3, 5 and 10-year averages.
DAL PE vs 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 16.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UAL United Airlines Holdings Inc | 7.06 | $25.68B |
| DAL Delta Air Lines Inc | 8.63 | $32.11B |
| AAL American Airlines Group Inc | 10.63 | $7.29B |
| SKYW Skywest Inc | 11.11 | $4.05B |
| ALK Alaska Air Group Inc | 17.43 | $5.97B |
| LUV Southwest Airlines Co | 37.21 | $19.08B |
| JBLU Jetblue Airways Corp | N/A | $1.72B |
| ALGT Allegiant Travel CO | N/A | $996.53M |
Frequently asked questions
What is Delta Air Lines's PE ratio?
As of Jun 11, 2025, DAL stock has a price to earnings ratio of 8.63.
What is the 3-year average PE ratio for Delta Air Lines (DAL)?
The 3-year average PE ratio for DAL stock is 29.5.
What is the 5-year average PE ratio for Delta Air Lines (DAL)?
The 5-year average PE ratio for DAL stock is 35.17.
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 57% below its 10-year historical average.
Why is Delta Air Lines's PE ratio so low?
DAL's PE ratio of 8.63 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 (Jun 11, 2025), Delta Air Lines's stock price is $49.17. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $5.7. Therefore, Delta Air Lines's P/E ratio for today is 8.63. PE RATIO(8.63) = STOCK PRICE($49.17) / TTM EPS($5.7)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.