Delta Air Lines, Inc. (DAL) is currently priced at $67.39, showing a decrease of 1.19% from the previous close. The trading volume is at $2.29 million, 19.22% higher than average, reflecting investor interest.
DAL's latest quarterly earnings report, released on April 7th, revealed earnings per share of $0.64, surpassing the consensus estimate of $0.58.
With a forward dividend yield of 1.11%, DAL distributed 18.75 cents per share over the most recent quarter, representing a slight decrease year-over-year.
DAL generated $1.23 billion in free cash flow, with a net cash increase of $734 million. Operating cash flow stood at $2.43 billion, indicating a healthy cash position of $5.24 billion.
The airline giant reported revenue of $15.85 billion with a gross profit of $4.54 billion. Operating income was $501 million, while net income showed a loss of $289 million, translating to an EPS of -44 cents.
Key ratios include a gross profit margin of 28.63%, return on assets of -0.34, and a debt-equity ratio of 69.51, reflecting the company's financial performance and leverage.
DAL's total assets amount to $84.43 billion, with net debt standing at $9.11 billion, indicating a stable financial position despite the challenging market conditions.
This comprehensive overview provides insights into DAL's financial health and performance in the current market session.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.