Delta Air Lines (DAL)

Aero Assurance Ltd. • DAL Global Technology • Delta Flight Products, LLC • Delta Material Services, LLC • Delta Professional Services, LLC • Delta Vacations, LLC • Endeavor Air, Inc. • Epsilon Trading, LLC • MIPC, LLC • Monroe Energy, LLC ...

IRS number

580218548

DAL stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$75.71

Low target

$60.00

High target

$90.00

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

13 Dec 24

8-K

Delta Highlights Differentiation & Durability at 2024 Investor Day

10 Oct 24

Delta Air Lines Announces September Quarter 2024 Financial Results

10 Oct 24

8-K

Regulation FD Disclosure

12 Sep 24

N-PX

Annual report of proxy voting record

30 Aug 24

8-K

Departure of Directors or Certain Officers

11 Jul 24

Departure of Directors or Certain Officers

20 Jun 24

PX14A6G

Letter to shareholders

6 May 24

Transcripts

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DAL

Earnings call transcript

2024 Q3

10 Oct 24

DAL

Earnings call transcript

2024 Q2

11 Jul 24

DAL

Earnings call transcript

2024 Q1

10 Apr 24

DAL

Earnings call transcript

2023 Q4

12 Jan 24

DAL

Earnings call transcript

2023 Q3

12 Oct 23

DAL

Earnings call transcript

2023 Q2

13 Jul 23

DAL

Earnings call transcript

2023 Q2

13 Jul 23

DAL

Earnings call transcript

2023 Q1

13 Apr 23

DAL

Earnings call transcript

2022 Q4

13 Jan 23

DAL

Earnings call transcript

2022 Q3

13 Oct 22

Latest ownership filings

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Christophe Beck

13 Dec 24

13F-HR

Quarterly holdings report by institutional manager

Notice of proposed sale of securities

21 Nov 24

SC 13D/A

Wheels Up Experience Inc.

Notice of proposed sale of securities

7 Nov 24

Financial summary

Financial statements Chart DAL financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.29 bn	4.29 bn	4.29 bn	4.29 bn	4.29 bn	4.29 bn
Cash burn (monthly)	73.67 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	205.66 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	4.08 bn	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	55.4	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

DAL institutional ownership history Ownership history

78.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1064	1090	-2.4%
Opened positions	115	132	-12.9%
Closed positions	141	113	+24.8%
Increased positions	376	381	-1.3%
Reduced positions	396	377	+5.0%

13F shares	Current	Prev Q	Change
Total value	25.04 tn	22.85 tn	+9.6%
Total shares	507.86 mm	496.15 mm	+2.4%
Total puts	30.97 mm	18.02 mm	+71.8%
Total calls	31.29 mm	33.10 mm	-5.5%
Total put/call ratio	1.0	0.5	+81.8%

Largest owners	Shares	Value	Change
Vanguard	71.95 mm	$3.65 tn	-0.0%
BLK BlackRock	42.54 mm	$2.16 tn	NEW
Sanders Capital	27.84 mm	$1.41 tn	+2.8%
Primecap Management	22.40 mm	$1.14 tn	-0.1%
STT State Street	21.81 mm	$1.11 tn	-1.3%
Capital International Investors	21.40 mm	$1.09 tn	+0.0%
Wellington Management	19.85 mm	$1.01 tn	-9.5%
Geode Capital Management	15.50 mm	$789.45 bn	+2.8%
Capital World Investors	15.13 mm	$768.67 bn	+0.4%
Harris Associates L P	12.62 mm	$641.17 bn	+7.8%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	42.54 mm	+42.54 mm	NEW
BLK BlackRock	0.00	-42.28 mm	EXIT
Pzena Investment Management	5.54 mm	+5.54 mm	NEW
Castle Hook Partners	3.73 mm	+3.73 mm	NEW
Aqr Capital Management	4.44 mm	+3.67 mm	+471.6%
Slate Path Capital	6.49 mm	+2.37 mm	+57.6%
Wellington Management	19.85 mm	-2.07 mm	-9.5%
Balyasny Asset Management	513.33 k	-2.00 mm	-79.6%
Norges Bank	0.00	-1.68 mm	EXIT
FMR	7.70 mm	-1.62 mm	-17.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

DAL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Nov 24	Joanne D Smith	Common Stock	Sell	Dispose S	No	No	64.7	19,660	1.27 mm	85,123
8 Nov 24	William C Carroll	Common Stock	Sell	Dispose S	No	No	60.625	21,530	1.31 mm	19,756
8 Nov 24	William C Carroll	Common Stock	Option exercise	Acquire M	No	No	51.23	12,140	621.93 k	41,286
8 Nov 24	William C Carroll	Common Stock	Option exercise	Acquire M	No	No	49.33	9,390	463.21 k	29,146
8 Nov 24	William C Carroll	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	51.23	12,140	621.93 k	0
8 Nov 24	William C Carroll	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	49.33	9,390	463.21 k	0
7 Nov 24	Samant Rahul D	Common Stock	Sell	Dispose S	No	No	62.135	18,600	1.16 mm	45,563
7 Nov 24	Joanne D Smith	Common Stock	Sell	Dispose S	No	No	60.706	4,207	255.39 k	104,783
6 Nov 24	Glen W Hauenstein	Common Stock	Sell	Dispose S	No	No	62.559	40,000	2.50 mm	102,584