Delta Historical Income Statement

DAL Stock  USD 47.31  1.38  3.00%   
Historical analysis of Delta Air income statement accounts such as Selling General Administrative of 3.1 B or Total Revenue of 61 B can show how well Delta Air Lines performed in making a profits. Evaluating Delta Air income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Delta Air's future profits or losses.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Delta Air Lines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Delta Air Lines is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

About Delta Income Statement Analysis

Delta Air Lines Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Delta Air shareholders. The income statement also shows Delta investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Delta Air Income Statement Chart

Delta Air Lines Income Statement is one of the three primary financial statements used for reporting Delta's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Delta Air Lines revenue and expense. Delta Air Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Delta Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 8 B this year, although the value of Gross Profit will most likely fall to about 10.6 B.

Total Revenue

Total revenue comprises all receipts Delta Air Lines generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Delta Air Lines. It is also known as Delta Air overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Delta Air Lines income statement and represents the costs associated with goods and services Delta Air provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Delta Air's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Delta Air Lines current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Delta Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 8 B this year, although the value of Gross Profit will most likely fall to about 10.6 B.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.0B834M1.0B
Depreciation And Amortization2.0B2.1B2.3B1.4B

Delta Air income statement Correlations

0.170.79-0.23-0.58-0.12-0.77-0.8-0.550.01-0.47-0.78-0.6-0.75-0.27-0.33-0.76-0.780.5-0.860.76-0.320.25-0.06
0.170.190.16-0.330.28-0.34-0.27-0.250.36-0.17-0.37-0.24-0.23-0.35-0.2-0.27-0.38-0.55-0.390.56-0.75-0.590.22
0.790.19-0.31-0.39-0.21-0.72-0.72-0.53-0.21-0.06-0.76-0.59-0.74-0.25-0.43-0.76-0.760.26-0.650.6-0.180.1-0.02
-0.230.16-0.310.690.980.630.650.80.930.550.620.560.550.30.790.490.33-0.080.11-0.09-0.11-0.150.55
-0.58-0.33-0.390.690.590.870.880.890.380.890.850.60.740.440.820.720.7-0.040.66-0.630.480.130.23
-0.120.28-0.210.980.590.490.520.690.960.50.490.470.440.220.720.370.19-0.11-0.010.05-0.22-0.180.58
-0.77-0.34-0.720.630.870.490.980.930.360.610.980.680.870.470.70.870.86-0.130.74-0.710.38-0.070.24
-0.8-0.27-0.720.650.880.520.980.940.390.640.990.770.880.470.690.860.83-0.210.72-0.670.3-0.10.31
-0.55-0.25-0.530.80.890.690.930.940.570.630.930.740.790.50.740.760.69-0.030.49-0.480.22-0.060.42
0.010.36-0.210.930.380.960.360.390.570.250.370.410.340.160.610.260.08-0.07-0.190.21-0.38-0.230.58
-0.47-0.17-0.060.550.890.50.610.640.630.250.570.40.50.280.650.480.44-0.150.56-0.480.440.070.25
-0.78-0.37-0.760.620.850.490.980.990.930.370.570.790.880.490.690.870.86-0.10.7-0.70.35-0.030.24
-0.6-0.24-0.590.560.60.470.680.770.740.410.40.790.680.420.510.660.58-0.070.35-0.420.060.050.39
-0.75-0.23-0.740.550.740.440.870.880.790.340.50.880.680.020.620.990.81-0.210.71-0.670.36-0.030.2
-0.27-0.35-0.250.30.440.220.470.470.50.160.280.490.420.020.310.010.340.170.18-0.240.06-0.010.13
-0.33-0.2-0.430.790.820.720.70.690.740.610.650.690.510.620.310.60.550.070.42-0.360.310.350.32
-0.76-0.27-0.760.490.720.370.870.860.760.260.480.870.660.990.010.60.84-0.190.74-0.720.410.00.11
-0.78-0.38-0.760.330.70.190.860.830.690.080.440.860.580.810.340.550.840.020.77-0.860.490.05-0.15
0.5-0.550.26-0.08-0.04-0.11-0.13-0.21-0.03-0.07-0.15-0.1-0.07-0.210.170.07-0.190.02-0.31-0.030.30.52-0.29
-0.86-0.39-0.650.110.66-0.010.740.720.49-0.190.560.70.350.710.180.420.740.77-0.31-0.890.690.08-0.13
0.760.560.6-0.09-0.630.05-0.71-0.67-0.480.21-0.48-0.7-0.42-0.67-0.24-0.36-0.72-0.86-0.03-0.89-0.79-0.170.35
-0.32-0.75-0.18-0.110.48-0.220.380.30.22-0.380.440.350.060.360.060.310.410.490.30.69-0.790.57-0.36
0.25-0.590.1-0.150.13-0.18-0.07-0.1-0.06-0.230.07-0.030.05-0.03-0.010.350.00.050.520.08-0.170.57-0.16
-0.060.22-0.020.550.230.580.240.310.420.580.250.240.390.20.130.320.11-0.15-0.29-0.130.35-0.36-0.16
Click cells to compare fundamentals

Delta Air Account Relationship Matchups

Delta Air income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.6B8.6B2.0B2.1B2.3B1.4B
Interest Expense301M929M1.3B1.0B834M1.0B
Selling General Administrative1.6B12.3B108M563M1.6B3.1B
Total Revenue47.0B17.1B29.9B50.6B58.0B61.0B
Gross Profit12.0B(6.5B)(179M)7.8B11.5B10.6B
Other Operating Expenses40.4B21.3B28.0B47.0B52.8B55.4B
Operating Income3.8B(12.5B)260M1.6B5.5B5.8B
Ebit3.8B(12.5B)260M1.6B5.2B5.5B
Ebitda6.4B(3.9B)2.3B3.7B7.6B8.0B
Cost Of Revenue35.0B23.5B30.1B42.8B46.6B48.9B
Total Operating Expenses5.4B(2.2B)(2.0B)4.3B6.2B6.9B
Income Before Tax6.2B(15.6B)398M1.9B5.6B5.9B
Total Other Income Expense Net2.4B(3.1B)138M299M1.2B1.2B
Net Income4.8B(12.4B)280M1.3B4.6B4.8B
Income Tax Expense1.4B(3.2B)118M596M999M1.0B
Selling And Marketing Expenses2.0B582M953M1.9B2.3B1.3B
Net Income Applicable To Common Shares4.8B(12.4B)280M1.3B1.2B1.4B
Net Income From Continuing Ops4.8B(12.4B)280M1.3B3.4B3.6B
Non Operating Income Net Other(119M)(2.2B)(209M)(718M)(646.2M)(613.9M)
Tax Provision1.4B(3.2B)118M596M1.1B731.5M
Interest Income182M3.5B1.6B1.8B2.1B1.2B
Net Interest Income(301M)(929M)(1.3B)(1.0B)(865M)(908.3M)
Reconciled Depreciation2.6B2.3B2.0B2.1B2.3B1.8B

Delta Air Investors Sentiment

The influence of Delta Air's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Delta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Delta Air's public news can be used to forecast risks associated with an investment in Delta. The trend in average sentiment can be used to explain how an investor holding Delta can time the market purely based on public headlines and social activities around Delta Air Lines. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Delta Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Delta Air's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Delta Air's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Delta Air.

Delta Air Implied Volatility

    
  33.63  
Delta Air's implied volatility exposes the market's sentiment of Delta Air Lines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Delta Air's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Delta Air stock will not fluctuate a lot when Delta Air's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Delta Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Delta Air's short interest history, or implied volatility extrapolated from Delta Air options trading.

Pair Trading with Delta Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Air will appreciate offsetting losses from the drop in the long position's value.

Moving together with Delta Stock

  0.69RYAAY Ryanair Holdings PLC Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Delta Stock

  0.63ATSG Air Transport Services Financial Report 2nd of May 2024 PairCorr
  0.45HA Hawaiian Holdings Financial Report 23rd of April 2024 PairCorr
  0.44VLRS Volaris Financial Report 22nd of April 2024 PairCorr
  0.44MCAF Mountain Crest Acqui Upward RallyPairCorr
  0.42BEST BEST IncPairCorr
The ability to find closely correlated positions to Delta Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Air Lines to buy it.
The correlation of Delta Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Air Lines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Delta Stock analysis

When running Delta Air's price analysis, check to measure Delta Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Air is operating at the current time. 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. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Delta Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.436
Dividend Share
0.3
Earnings Share
7.17
Revenue Per Share
90.842
Quarterly Revenue Growth
0.059
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.