The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

DAL

Concerning the House

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, Detroit, Minneapolis-St. Paul, 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, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

United States · www.delta.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$63.36B+6.0%
Operating income$6.00B+8.3%
Net income$5.00B+19.5%
Cash from ops$6.46B+6.6%
Quotation

$91.31

+1.38 (+1.5%)

52w hi$93.43
52w lo$55.22
Vol3.55M
As ofAug 13
The Verdict

Hold

Our score +0.25

Short+0.29
Medium+0.28
Long+0.13

computed 2026-08-13

By the Numbers

Delta Air Lines, Inc.

Industrials · Airlines

Market cap$60.05B
Enterprise value$75.24B
Trailing P/E15.14x
Forward P/E10.31x
EV / EBITDA10.02x
P / S (ttm)
Profit margin5.8%
Return on equity20.1%
Revenue growth+18.7%
Earnings growth-25.4%
Debt / equity96.65
Risk Metrics
Beta vs SPX1.75
Corr SPX0.63
Annual vol45.0%
Annual ret+51.7%
Sharpe1.15
Max DD-48.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.20
Sector+0.07
Technical+0.22
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$91.45$92.21$90.86$91.313.55M
Aug 12$90.76$91.25$88.50$89.933.19M
Aug 11$89.99$90.91$88.93$90.412.89M
Aug 10$90.34$90.51$88.94$89.213.76M
Aug 7$92.30$92.44$90.85$91.343.39M