DAL Delta Air Lines PE ratio, current and historical analysis

As at Apr 1, 2025, the DAL stock has a PE ratio of 7.87. This is based on the current EPS of $5.39 and the stock price of $42.42 per share. The current PE ratio is comparable to the past four-quarter average.

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 20.58. The current 7.87 PE ratio is 62% 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.

Today
7.87
Average
20.58
Median
8.92
Minimum
5.27
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 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
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
Jun 2021 N/A N/A $43.26 -$10.49

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
31.49
5-year avg
37.28
10-year avg
20.58
15-year avg
25.35

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 16.45.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 7.12 $22.32B
DAL Delta Air Lines Inc 7.87 $27.4B
AAL American Airlines Group Inc 7.98 $6.77B
SKYW Skywest Inc 10.99 $3.55B
ALK Alaska Air Group Inc 15.67 $6.04B
LUV Southwest Airlines Co 40.5 $18.72B
JBLU Jetblue Airways Corp N/A $1.69B
ALGT Allegiant Travel CO N/A $932.5M

Frequently asked questions

What is Delta Air Lines's PE ratio?

As of Apr 1, 2025, DAL stock has a price to earnings ratio of 7.87.

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

The 3-year average PE ratio for DAL stock is 31.49.

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

The 5-year average PE ratio for DAL stock is 37.28.

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 62% below its 10-year historical average.

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

DAL's PE ratio of 7.87 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 1, 2025), Delta Air Lines's stock price is $42.42. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $5.39. Therefore, Delta Air Lines's P/E ratio for today is 7.87. PE RATIO(7.87) = STOCK PRICE($42.42) / TTM EPS($5.39)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.