Delta Air Lines (DAL) FY2024 results: revenue $61.6 billion, up 6.2% on the year
Delta Air Lines, Inc. (DAL) reported revenue of $61.6 billion for fiscal 2024, the year ended 31 December 2024, up 6.2% on the year before. Net income was $3.5 billion, down 25.0%, and diluted earnings per share $5.33. The figures are the company's own, from the 10-K it filed with the SEC on 11 February 2025.
Revenue
$61.6 billion
+6.2% on the year
FY2017FY2024
Operating margin
9.7%
9.5% a year earlier
FY2017FY2024
Net income
$3.5 billion
-25.0% on the year
FY2017FY2024
Diluted EPS
$5.33
-25.7% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
8,025
6,464
6,363
+24.1%
Capital expenditure
5,140
5,323
6,366
-3.4%
Free cash flow
2,885
1,141
-3.0
+152.8%
Free cash flow margin
4.7%
2.0%
-0.0%
Cash from investing
-3,739
-3,148
-6,924
Cash from financing
-4,260
-3,394
-4,535
Depreciation and amortisation
2,513
2,341
2,107
+7.3%
Share-based compensation
236
180
150
+31.1%
Buybacks
n/a
n/a
0.0
Dividends paid
321
128
0.0
+150.8%
Dividend per share
$0.50
$0.20
$0.00
+150.0%
Diluted shares, weighted
648m
643m
641m
+0.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
15,293
11,105
6,582
+37.7%
Debt
17,294
21,154
24,130
-18.2%
Operating lease liabilities
5,814
6,468
6,866
-10.1%
Finance lease liabilities
473
1,086
1,345
-56.4%
Other liabilities
36,498
33,831
33,365
+7.9%
Total liabilities and equity
75,372
73,644
72,288
+2.3%
Goodwill
9,753
9,753
9,753
0.0%
Intangible assets
5,975
5,983
5,992
-0.1%
Investments
0.0
1,127
3,268
Cash and equivalents
3,069
2,741
3,266
+12.0%
Receivables
3,224
3,130
3,176
+3.0%
Other assets
53,351
50,910
46,833
+4.8%
Total assets
75,372
73,644
72,288
+2.3%
10-K for the year ended 31 December 2024, filed 11 February 2025: the filing.