2022 was $3.25. Past performance is a poor indicator of future performance. This investment adviser does not provide advice to individual investors. Below are some of Delta Air's important, The Macroaxis Fundamental Analysis modules help investors analyze Delta Air Lines's financials across various querterly and yearly statements, indicators and fundamental ratios. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. And the median was 1.90% per year. We help investors to determine the real value of Delta Air using virtually all public information available. The company has $10.77 billion in cash and $32.57 billion in debt, giving a net cash position of -$21.80 billion or -$34.00 per share. United, JetBlue Airways, Delta and others have been paying crews extra to pick up open shifts and ease staffing shortages. The average price target for DAL is $53.11, which is 66.18% higher than the current price. Click here to check it out. The latest short interest is 20.55 million, so 3.20% of the outstanding shares have been sold short. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. Here's how Delta performed compared with what analysts expected, according to average estimates compiled by Refinitiv: Got a confidential news tip? 981 ATLANTA GA 30320, C/O DELTA AIR LINES, INC., DEPT. Extraordinaries & Discontinued Operations, What the first 7 public hearings of the House select committee have revealed about the Jan. 6, 2021, insurrection a recap, Snap stock plunges 25% as advertising slows down, executives decline to offer forecast, This 400-year-old Shakespeare book sold for nearly $2.5 million at auction, Corsair Gaming stock falls as revenue outlook comes up short. EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. Delta expects first-quarter revenue to come in 24% to 28% below 2019 levels on capacity 15% to 17% below what it flew three years earlier. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Privacy Notice, and
Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Airlines canceled thousands of flights around the year-end holidays as Covid sidelined crews but Delta said its operation has stabilized. 2004-2022 GuruFocus.com, LLC. Delta expects costs to rise in the first quarter amid weaker-than-expected bookings because of the omicron variant. Gurus may be added or dropped from the GuruFocus site at any time. All rights reserved. "So while the new variant is not done, it appears that the worst may be behind us," Bastian said on a call with analysts and reporters. And the cost to replace the assets may be more or less than it was in the past. three Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Investors have largely shrugged off omicron's impact on airlines. Delta is a founding member of the SkyTeam airline alliance. Airlines have been comparing results to 2019 to show how far the business has recovered from pre-pandemic levels. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Delta posted a net loss of $408 million for the fourth quarter as fuel and other costs rose, partly driven by disruptions from omicron. Also Price-to-EBITDA is sometimes used in valuations. EBITDA for the trailing twelve months (TTM) ended in Jun. View, Earnings Before Interest Taxes and Depreciation Amortization EBITDA Over Time, Sponsored content. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The company is still yet to fully recover from the Covid-19 crisis. Return on equity (ROE) is 18.00%, which is considered high. Measures how much net income or profit is generated as a percentage of revenue. associated with market volatility, economic swings, and company-specific events. BOX 20574 ATLANTA GA 30320, THE PROCTER & GAMBLE COMPANY ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202, C/O DELTA AIR LINES, INC. P.O. Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS), Delta Air Lines EBITDA Margin 2010-2022 | DAL. reserved. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. Delta Air Lines Announces Webcast of June Quarter 2021 Financial Results, Addison Capital Co Buys Coterra Energy Inc, Intel Corp, General Motors Co, Sells iShares S&P 500 Growth ETF, Peapack Gladstone Financial Corp, iShares S&P 500 Value ETF, Delta Air Lines Inc (DAL) EVP & Chief Info Officer Rahul D Samant Sold $505,415 of Shares, Delta Air Lines Announces Webcast of March Quarter Financial Results, Beta Wealth Group, Inc. Buys SPDR Blackstone Senior Loan ETF, Delta Air Lines Inc, Boeing Co, Sells Vanguard Dividend Appreciation FTF, BTC iShares International Aggregate Bond Fund, Blackstone Inc, Covalent Partners LLC Buys Delta Air Lines Inc, Southwest Airlines Co, Helmerich & Payne Inc, Sells Carnival Corp, UFP Industries Inc, B. Riley Principal 150 Merger Corp, Delta Air Lines to Host Capital Markets Day on Dec. 16, 2021, Delta Air Lines (DAL) Outpaces Stock Market Gains: What You Should Know, Delta Air Lines (DAL) Dips More Than Broader Markets: What You Should Know. Please check your download folder. According to the company disclosure, Delta Air Lines reported earnings before interest,tax, depreciation and amortization of 1.35, We derive many important indicators used in calculating different scores of Delta Air from analyzing Delta Air's financial statements. CEO Ed Bastian said omicron is expected to delay a rebound in air travel by about 60 days, forecasting losses for January and February and then profits in March. www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. United is scheduled to report results after the market closes on Wednesday followed by American the next morning. A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. "The cost outlook is likely the biggest point of contention for investors, as airlines (not just Delta) have consistently seen higher than expected costs relative to expectations," MKM Partners airline analyst Conor Cunningham wrote in an investor note Thursday. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. NYSE:DAL has been removed from your Stock Email Alerts list. View full relative valuation report for Delta Air Lines Inc, which takes into account all DAL`s valuation multiples. The airline, along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents. We have many different tools that can be utilized to determine how healthy Delta Air is operating at the current time. The company has a current ratio of 0.66, with a Debt / Equity ratio of 8.55. 981 ATLANTA GA 30354, 1800 M STREET NW SUITE 800 WASHINGTON DC 20036. Delta said in an earnings release that its operation has stabilized and that omicron caused it to cancel only 1% of its flights over the past week. Sorry. The company slogan is "Keep Climbing.". DAL has a market cap or net worth of $20.49 billion. United rose 3.5% to end the day at $48.17 while American added 4.5% to $19.34. For the Airlines subindustry, Delta Air Lines's EBITDA, along with its competitors' market caps and EBITDA data, can be viewed below: * Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. It helps to project a fair market value of Ford stock properly, considering its historical, Today, most investors in Delta Air Stock are looking for. Delta Stock Selloff Has Gone 'Little Too Far,' Analyst Says. "The next four to six weeks are going to be difficult," Bastian said in an interview Thursday on CNBC's "Squawk Box." If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. Join 17,900 value investors using Alpha Spread, By using Alpha Spread you are agreeing to our, Full access to our stock valuation platform. Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. The correlation of Delta Air is a statistical measure of how it moves in relation to other equities. Stock quotes provided by InterActive Data. You can apply the same method to get the EBITDA Growth Rate using EBITDA data. Delta and its rivals have scrambled to hire pilots, flight attendants, baggage handlers and reservations agents, a challenge in a tight labor market. 2022 was $2.03. Today's depreciation and amortization expenses relate to assets bought in the past. Please click on the following links to see related term pages. Bastian said around 8,000 of Delta's employees, roughly1in 10, has tested positive for Covid over the last four weeks. DAL's PEG ratio is 0.13. These drivers represent accounts that assess Delta Air's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Airlines, including Delta, together canceled more than 20,000 U.S. flights from Christmas Eve through the first week of the year as a spike in Covid infections among crews left them short-staffed and winter storms rolled through some of the country's busiest airports. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Please check your download folder. Earnings per share was $0.95. If the correlation is 0, the equities are not correlated; they are entirely random. Current and historical EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) margin for Delta Air Lines (DAL) over the last 10 years. Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Reported on 7/13/22. using this site, you agree to the Terms of Service and Privacy Policy - UPDATED, IncomefromContinuedOperationsAnnualGrowth, More DAL's historic EBITDA Margin results >>, Compare DAL's Earnings before interest, taxes, depreciation and amortization margin, Airline Industry EBITDA Margin Trends and Statistics, Transportation Sector EBITDA Margin Statistics, EBITDA Margin Profitability Trends for overall market, DAL's EBITDA Margin Profitability versus Airline Industry, Transportation Sector and total Market, EBITDA Margin Profit Margin for DAL's Competitors, EBITDA Margin Profit Margin for Delta Air Lines's Suppliers, EBITDA Margin Profit Margin for DAL's Customers. Delta Air Lines's EBITDA for the Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The lowest was -84.40% per year. Delta Air Lines's EBITDA was directly provided by GuruFocus' data source Morningstar. DAL Intrinsic Value, competitors valuation, and company profile. Delta Air Lines's EBITDA for the quarter that ended in Jun. We have a plan for your needs. Detailed analysis of the company's profitability. He said the airline isn't having trouble hiring except for regional airlines, particularly in areas where the cost of living is high, like the Northeast. In the fourth quarter, Delta posted its highest revenue since late 2019, thanks in part to strong holiday bookings and more business travel. The current EBITDA margin for Delta Air Lines as of June 30, 2022 is. The assets being expensed may or may not need to be replaced in the future. In 2020, after travel demand plunged, Delta posted its biggest-ever loss: $12.4 billion. "Amid the continuing challenges, including one of the most difficult holiday environments we've ever encountered, you continue to rise above and provide unmatched service to our customers," Bastian said in a note Thursday to employees. Note that "N/A" values will not show up in the chart. Data is a real-time snapshot *Data is delayed at least 15 minutes. Thinking about trading options or stock in XPO Logistics, Nike, Delta Air Lines, Thor Industries, or Ferrari? EBITDA is not a measure of profit in any sense. Cookie Notice (). During the past 3 years, the average EBITDA Growth Rate was -22.20% per year. That followed a roughly $70 million revenue hit in the last three months of the year. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,092 Mil. BOX 20574 ATLANTA GA 30320, C/O DELTA AIR LINES,INC., DEPT. 3rd day. Subscriber Agreement & Terms of Use,
Bans Russian Flights to Corner Russia Again Over Ukraine. Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk The beta is 1.19, so DAL's price volatility has been higher than the market average. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices. This browser is no longer supported at MarketWatch. months ended in Jun. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense. -516.97M. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. 2022 Alpha Spread Limited. United Airlines CEO Scott Kirby on Monday said some 3,000 of its roughly 67,000 U.S. employees had Covid simultaneously and that on one day recently at its Newark, New Jersey, hub, a third of the staff called out sick with the virus. BOX 20574, DEPT. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 2022 Stock Analysis. Download historical data for 20 million indicators using your browser. Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. We want to hear from you. Post Office Box 20706, Atlanta, GA, USA, 30320-6001. While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. months ended in Jun. This stock does not have any record of stock splits. Analysis of the financial position and solvency of the company. In February 2020, Delta announced a record $1.6 billion in profit-sharing for its staff, which then stood at 90,000.