DAL is the ticker symbol for DELTA AIR LINES, INC., a publicly traded Industrials sector company listed on NYSE. 13F Pro tracks DAL with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is DAL a good stock to buy?

13F Pro's AI ranking engine scores DAL at 59.5/100, ranked #921 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for DAL is available at https://13fpro.ai/company/DAL. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source DAL data?

All DELTA AIR LINES, INC. fundamentals and ownership data come directly from SEC EDGAR. DELTA AIR LINES, INC. files with the SEC under CIK 27904. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

DELTA AIR LINES, INC. DAL

NYSELarge CapIndustrials

13F Pro quality score

Rank #921 of 2,925TOP 50%

Why it scores 60 Industrials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$20.19B

Quarter to Sep 30

Net income

$756.00M

Quarter to Sep 30

Free cash flow

$1.50B

Quarter to Sep 30

Operating margin

7.2%

Quarter to Sep 30

Top Institutional Holders

as of Q2 2026

$54.23B total

BERKSHIRE HATHAWAY INC

$5.37B+44.0%

BlackRock, Inc.

$4.22B+2.2%

VANGUARD CAPITAL MANAGEMENT LLC

$3.87B-1.5%

FMR LLC

$3.11B+20.7%

Sanders Capital, LLC

$2.73B-1.1%

VANGUARD PORTFOLIO MANAGEMENT LLC

$2.47B-3.8%

STATE STREET CORP

$2.26B+2.9%

Capital International Investors

$1.94B+0.6%

GEODE CAPITAL MANAGEMENT, LLC

$1.75B+3.0%

PRIMECAP MANAGEMENT CO/CA/

$1.64B-0.2%

HARRIS ASSOCIATES L P

$1.62B-3.7%

Bank of New York Mellon Corp

$1.18B+2.9%

MORGAN STANLEY

$1.10B-12.6%

DIMENSIONAL FUND ADVISORS LP

$899.59M-4.3%

AQR CAPITAL MANAGEMENT LLC

$731.68M-6.9%

JPMORGAN CHASE & CO

$626.94M-8.6%

GOLDMAN SACHS GROUP INC

$594.18M+23.9%

Newport Trust Company, LLC

$582.22M-21.0%

NORTHERN TRUST CORP

$470.39M+0.9%

Invesco Ltd.

$468.65M-18.6%

Life Cycle Investment Partners Ltd

$449.35M-14.7%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$375.63M+1.4%

Ninety One UK Ltd

$363.55M+7.1%

VANGUARD FIDUCIARY TRUST CO

$341.97M-0.2%

Gallagher Fiduciary Advisors, LLC

$340.68M-5.3%

See all 1,527 institutional holders →

What's Driving DAL's Business? Latest 10-Q Breakdown

24/24 datapoints verified

AI-extracted from the 10-Q filed 2026-10-09 — Q3 FY2026 (quarter ended September 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Delta's September 2026 quarter revenue rose 21% to $20.2B, but operating income fell to $1.5B as fuel costs jumped 69% and operating expense rose 25%.

Biggest Revenue Drivers

Passenger$15.5B+15% YoY

Broad based demand strength across premium, main, and loyalty

Other$4.4B+48% YoY

Driven by higher refinery sales to third parties, growth in cargo and MRO businesses

Biggest Revenue Drivers

Total revenue: $20.2B+21% YoY

Passenger$15.5B+15% YoY

Broad based demand strength across premium, main, and loyalty

Other$4.4B+48% YoY

Driven by higher refinery sales to third parties, growth in cargo and MRO businesses

Within Other

Refinery$2.6B+76% YoY

Higher market prices for refined products and shift to more sales than exchanges

Loyalty and related$1.3B+19% YoY

Higher customer spend on American Express cards and new card acquisitions

Cargo$301M+29% YoY

Driven largely by volume

Largest Expense Items

Aircraft fuel and related taxes$4.4B+69% YoY

63% increase in average jet fuel purchase price

Salaries and related costs$4.8B+9% YoY

4% base pay increases effective June 1, 2026 and January 1, 2026 for pilots, step-ups and premium pay from disruptions

Refinery expense$2.6B+76% YoY

Expenses associated with refinery sales to third parties

Margins: Operating income fell $230M to $1.5B as expenses outpaced revenue; the refinery posted an operating loss of $33M due to a temporary outage, which management expects to return to profitability in the December 2026 quarter.

Watch Items from the Filing

Average jet fuel price rose 63% and management expects elevated jet fuel costs to persist until market disruptions and geopolitical events are resolved.
Mark-to-market losses on equity investments drove non-operating expense of $380M versus $93M of income in the prior-year quarter.
Liquidity of $6.9B at quarter end, including approximately $3.1B undrawn under revolving credit facilities; debt reduced by $1.2B in the quarter via repayments.
Aircraft purchase commitments total approximately $26.7B at September 30, 2026, with a $910M payment due in the remainder of 2026.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q3 2026

EDGAR

Net Income

Q3 2026

EDGAR

EPS (Diluted)

Q3 2026

EDGAR

Operating Margin

Q3 2026

EDGAR

ROIC

Q3 2026

EDGAR

Free Cash Flow

Q3 2026

EDGAR

Debt/Equity

Q3 2026

EDGAR

Financial Trends

Revenue & Net Income

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Earnings Per Share

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DELTA AIR LINES, INC. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$63.4B	$5.0B	9.2%
FY 2024	10-K	$61.6B	$3.5B	9.7%
FY 2023	10-K	$58.0B	$4.6B	9.5%
FY 2022	10-K	$50.6B	$1.3B	7.2%
FY 2021	10-K	$29.9B	$280.0M	6.3%
FY 2020	10-K	$17.1B	$-12.4B	-72.9%

About DELTA AIR LINES, INC. (DAL): stock profile, AI score and financials

DELTA AIR LINES, INC. (DAL) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores DAL at 59.5/100 on a composite quality score built from its SEC filings, placing it at rank #921 of 2,925 stocks — the top half of the AI-ranked universe. DAL scores in the top quartile across revenue scale (97.8), earnings quality (78.7). Areas of concern include institutional flow (17.7) and profitability (39.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2026), DELTA AIR LINES, INC. reports quarterly revenue of $20.2B, net income of $756.0M, an operating margin of 7.2%. Top institutional holders of DAL by reported 13-F value include BERKSHIRE HATHAWAY, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. DAL trades on the NYSE exchange and files with the SEC under CIK 27904. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DAL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DELTA AIR LINES, INC. directly from SEC EDGAR.

Financials through the period ended Sep 30, 2026SEC EDGAR: CIK 27904 →

DELTA AIR LINES, INC. DAL

Top Institutional Holders

What's Driving DAL's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

DAL key financials by period

DAL insiders

Congress trading in DAL

About DELTA AIR LINES, INC. (DAL): stock profile, AI score and financials

DELTA AIR LINES, INC. DAL

Top Institutional Holders

What's Driving DAL's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

DAL key financials by period

Companies similar to DAL

DAL insiders

Congress trading in DAL

About DELTA AIR LINES, INC. (DAL): stock profile, AI score and financials