Delta Air Lines is trading with a PEG ratio of 0.6, based on Jun 22, 2026 data. Dividing the 12.47 PE ratio by the 20.9% earnings growth rate yields this valuation metric.
Historically, Delta Air Lines shows a PEG ratio averaging 0.25 across the past ten years. At 0.6, today's PE to growth ratio sits 140% above its historical average. The ten years high occurred in the Sep 2022 quarter at 1.17, reflecting maximum valuation relative to growth. The minimum was hit in the Sep 2023 quarter at 0, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.21 | 8.99 | 43.2% |
| 2024 | N/A | 11.22 | -25.2% |
| 2023 | 0.02 | 5.58 | 248.3% |
| 2022 | 0.04 | 15.87 | 370.5% |
| 2021 | 0.87 | 88.82 | 102.3% |
| 2020 | N/A | N/A | -366.3% |
| 2019 | 0.28 | 7.99 | 28.6% |
| 2018 | 0.31 | 8.77 | 27.9% |
| 2017 | N/A | 12.58 | -20.4% |
| 2016 | N/A | 8.8 | -1.6% |
| 2015 | 0.01 | 8.92 | 619% |
| 2014 | N/A | 62.27 | -93.6% |
| 2013 | 0 | 2.21 | 934.2% |
| 2012 | 0.56 | 9.89 | 17.6% |
| 2011 | 0.18 | 7.93 | 43.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.46 | 9.65 | 20.9% |
| Dec 2025 | 0.21 | 8.99 | 43.2% |
| Sep 2025 | N/A | 7.95 | -1.7% |
| Jun 2025 | N/A | 7.09 | -1% |
| Mar 2025 | N/A | 7.65 | -27.2% |
| Dec 2024 | N/A | 11.22 | -25.2% |
| Sep 2024 | 0.19 | 7 | 36.5% |
| Jun 2024 | 0.14 | 6.77 | 49.8% |
| Mar 2024 | 0.04 | 6.11 | 163.6% |
| Dec 2023 | 0.02 | 5.58 | 248.3% |
| Sep 2023 | 0 | 6.95 | 4,333.3% |
| Jun 2023 | 0.03 | 10.16 | 403.2% |
| Mar 2023 | 0.04 | 11.76 | 271.3% |
| Dec 2022 | 0.04 | 15.87 | 370.5% |
| Sep 2022 | 1.17 | 233.83 | 200% |
Measured against past performance, DAL's PEG ratio is higher than its 3, 5 and 10-year averages.
Delta Air Lines's PEG of 0.6 is above the industry average but below the Industrials sector average. Compared to its Industrials sector average of 1.13, Delta Air Lines's PEG is 47% lower.
Compared to its peers, DAL has a PEG ratio under stock UAL, while above LUV's and SKYW's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| LUV Southwest Airlines Co | 0.44 | $24.39B |
| SKYW Skywest Inc | 0.47 | $3.74B |
| DAL Delta Air Lines Inc | 0.6 | $56.92B |
| UAL United Airlines Holdings Inc | 6.72 | $39.45B |
| JBLU Jetblue Airways Corp | N/A | $2.08B |
| ALK Alaska Air Group Inc | N/A | $5.56B |
| AAL American Airlines Group Inc | N/A | $10.77B |
| ALGT Allegiant Travel CO | N/A | $1.92B |
According to Jun 22, 2026 data, DAL's PEG ratio sits at 0.6.
Historical data over a 3-year period places DAL's average PEG ratio at 0.14.
Historical data over a 5-year period places DAL's average PEG ratio at 0.28.
DAL's PEG ratio peaked at 1.17 during the Sep 2022 quarter - the highest in ten years.
Compared to the 10-year average, DAL's PEG ratio is 140% higher.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth (YoY TTM). As of Jun 22, 2026, Delta Air Lines has a P/E ratio of 12.47. Earnings grew at 20.9% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 0.6. PEG RATIO(0.6) = PE RATIO(12.47) / EPS GROWTH(20.9%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.