What is the current annual operating margin of DAL?

As of today, DAL annual operating margin is 9.19%

What is 1-year change in DAL annual operating margin?

DAL annual operating margin is down -5.55% year-over-year

What is 3-year change in DAL annual operating margin?

DAL annual operating margin is up +31.47% over the past 3 years

How far is DAL annual operating margin from its all-time high?

DAL annual operating margin is currently -55.58% below its historical high of 20.69% set on December 31, 2015

How does DAL annual operating margin rank versus sector peers?

DAL annual operating margin is higher than 63.66% of companies in Industrials sector

When is DAL next annual earnings release?

The next annual earnings release for DAL is on January 13, 2027

What is the current quarterly operating margin of DAL?

As of today, DAL quarterly operating margin is 7.20%

What is DAL quarterly operating margin most recent change?

DAL quarterly operating margin was down -23.65% on September 30, 2026

What is 1-year change in DAL quarterly operating margin?

DAL quarterly operating margin is down -28.71% year-over-year

How far is DAL quarterly operating margin from its all-time high?

DAL quarterly operating margin is currently -90.89% below its historical high of 79.06% set on June 30, 1994

How does DAL quarterly operating margin rank versus sector peers?

DAL quarterly operating margin is higher than 50.24% of companies in Industrials sector

When is DAL next earnings release?

The next earnings release for DAL is on January 13, 2027

DAL Operating Margin History & Chart Since 1980

Annual Operating Margin

9.19%0.54%-5.55%

December 31, 2025

Summary

Current Value: As of today, DAL annual operating margin is 9.19%, down -5.55% on December 31, 2025
Historical Performance: DAL annual operating margin is up +31.47% over the past 3 years, up +118.97% over the past 5 years
All-Time High Comparison: DAL annual operating margin is currently -55.58% below its historical high of 20.69% set on December 31, 2015
3-Year Low Comparison: DAL annual operating margin is +31.47% above its 3-year low of 6.99% reached on an earlier date
Sector Comparison: DAL annual operating margin is higher than 63.66% of companies in Industrials sector

Operating Margin Chart

beforeafter

Performance

DAL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	9.19%	-5.5%	+31.5%	+119.0%	+4.9%
Quarterly Operating Margin	Sep 30, 26	7.20%	-28.7%	-43.8%	+58.6%	-29.5%
Price	Oct 20, 26	$76.66	+24.1%	+137.8%	+90.2%	+781.1%
PE Ratio	Oct 20, 26	15.33	+76.2%	+151.7%	–	-8.4%
Annual Revenue	Dec 31, 25	$63.36B	+2.8%	+25.3%	+270.7%	+99.3%
Annual Operating Profit	Dec 31, 25	$5.82B	-2.9%	+64.6%	+170.3%	+109.0%
Annual Gross Margin	Dec 31, 25	18.99%	+7.0%	+32.4%	+149.7%	+1.6%
Annual Net Margin	Dec 31, 25	7.90%	+40.8%	+202.7%	+110.9%	+322.5%

Operating Margin Highs

DAL Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	10.78%	Dec 31, 23	-14.8%
5Y	10.78%	Dec 31, 23	-14.8%
All	20.69%	Dec 31, 15	-55.6%

Operating Margin Lows

DAL Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	6.99%	N/A	+31.5%
5Y	-48.44%	N/A	+119.0%
All	-48.44%	Dec 31, 20	+119.0%

Operating Margin History

Year	Value	Change
2025	9.19%	-5.5%
2024	9.73%	-9.7%
2023	10.78%	+54.2%
2022	6.99%	+179.0%
2021	-8.85%	+81.7%
2020	-48.44%	-442.1%
2019	14.16%	+19.5%
2018	11.85%	-19.3%
2017	14.68%	-20.2%
2016	18.39%	-11.1%
2015	20.69%	+74.6%
2014	11.85%	+40.6%
2013	8.43%	+13.8%
2012	7.41%	+40.3%
2011	5.28%	-39.7%
2010	8.76%	+71.4%
2009	5.11%	+922.0%
2008	0.50%	-90.8%
2007	5.46%	+425.0%
2006	1.04%	+115.1%
2005	-6.87%	+29.0%
2004	-9.68%	-40.5%
2003	-6.89%	-1.5%

Year	Value	Change
2002	-6.79%	+15.7%
2001	-8.05%	-169.4%
2000	11.60%	-8.7%
1999	12.71%	+6.2%
1998	11.97%	+49.1%
1997	8.03%	0.0%
1996	8.03%	+184.8%
1995	2.82%	+340.6%
1994	0.64%	+115.6%
1993	-4.11%	+34.0%
1992	-6.23%	-26.9%
1991	-4.91%	-200.4%
1990	4.89%	-41.7%
1989	8.39%	+16.7%
1988	7.19%	-5.5%
1987	7.61%	+888.3%
1986	0.77%	-90.1%
1985	7.81%	+57.5%
1984	4.96%	+186.6%
1983	-5.73%	-2,391.3%
1982	-0.23%	-104.7%
1981	4.93%	+57.5%
1980	3.13%	-

FAQ

What is the current annual operating margin of DAL?: As of today, DAL annual operating margin is 9.19%
What is 1-year change in DAL annual operating margin?: DAL annual operating margin is down -5.55% year-over-year
What is 3-year change in DAL annual operating margin?: DAL annual operating margin is up +31.47% over the past 3 years
How far is DAL annual operating margin from its all-time high?: DAL annual operating margin is currently -55.58% below its historical high of 20.69% set on December 31, 2015
How does DAL annual operating margin rank versus sector peers?: DAL annual operating margin is higher than 63.66% of companies in Industrials sector
When is DAL next annual earnings release?: The next annual earnings release for DAL is on January 13, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

7.20%2.23%-23.65%

September 30, 2026

Summary

Current Value: As of today, DAL quarterly operating margin is 7.20%, down -23.65% on September 30, 2026
Historical Performance: DAL quarterly operating margin is down -28.71% year-over-year, down -43.79% over the past 3 years
All-Time High Comparison: DAL quarterly operating margin is currently -90.89% below its historical high of 79.06% set on June 30, 1994
3-Year Low Comparison: DAL quarterly operating margin is +127.85% above its 3-year low of 3.16% reached on March 31, 2026
Sector Comparison: DAL quarterly operating margin is higher than 50.24% of companies in Industrials sector

Performance

DAL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	7.20%	-23.6%	-28.7%	-43.8%	+58.6%
Annual Operating Margin	Dec 31, 25	9.19%	–	-5.5%	+31.5%	+119.0%
Price	Oct 20, 26	$76.66	-9.3%	+24.1%	+137.8%	+90.2%
PE Ratio	Oct 20, 26	15.33	+9.2%	+76.2%	+151.7%	–
Quarterly Revenue	Sep 30, 26	$20.19B	+2.2%	+21.1%	+30.3%	+120.5%
Quarterly Operating Profit	Sep 30, 26	$1.45B	-22.0%	-13.7%	-26.7%	+249.5%
Quarterly Gross Margin	Sep 30, 26	13.82%	-16.7%	-20.8%	-32.8%	+17.0%
Quarterly Net Margin	Sep 30, 26	3.75%	-53.8%	-55.9%	-47.5%	-71.7%

Quarterly Operating Margin Highs

DAL Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	10.10%	N/A	-28.7%
3Y	13.61%	Jun 30, 24	-47.1%
5Y	15.99%	Jun 30, 23	-55.0%
All	79.06%	Jun 30, 94	-90.9%

Quarterly Operating Margin Lows

DAL Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	3.16%	Mar 31, 26	+127.8%
3Y	3.16%	Mar 31, 26	+127.8%
5Y	-8.43%	Mar 31, 22	+185.4%
All	-334.04%	Jun 30, 86	+102.2%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	7.20%	-23.6%
Jun 2026	9.43%	+198.4%
Mar 2026	3.16%	-65.5%
Dec 2025	9.17%	-9.2%
Sep 2025	10.10%	-20.0%
Jun 2025	12.63%	+211.9%
Mar 2025	4.05%	-63.3%
Dec 2024	11.04%	+23.9%
Sep 2024	8.91%	-34.5%
Jun 2024	13.61%	+204.5%
Mar 2024	4.47%	-52.0%
Dec 2023	9.31%	-27.3%
Sep 2023	12.81%	-19.9%
Jun 2023	15.99%	+346.6%
Mar 2023	3.58%	-64.4%
Dec 2022	10.06%	-3.5%
Sep 2022	10.42%	-5.2%
Jun 2022	10.99%	+230.4%
Mar 2022	-8.43%	-423.0%
Dec 2021	2.61%	-42.5%
Sep 2021	4.54%	+147.6%
Jun 2021	-9.54%	+84.9%
Mar 2021	-63.33%	-44.1%
Dec 2020	-43.95%	+42.3%
Sep 2020	-76.22%	+68.7%
Jun 2020	-243.39%	-3,238.7%
Mar 2020	-7.29%	-158.1%
Dec 2019	12.54%	-22.8%
Sep 2019	16.24%	-3.4%
Jun 2019	16.82%	+63.9%
Mar 2019	10.26%	+1.2%
Dec 2018	10.14%	-26.0%
Sep 2018	13.71%	-9.3%
Jun 2018	15.11%	+78.2%
Mar 2018	8.48%	-31.7%
Dec 2017	12.41%	-28.6%
Sep 2017	17.39%	-3.6%
Jun 2017	18.04%	+75.5%
Mar 2017	10.28%	-8.1%
Dec 2016	11.18%	-40.8%
Sep 2016	18.90%	-19.6%
Jun 2016	23.50%	+21.1%
Mar 2016	19.40%	-1.2%
Dec 2015	19.63%	-9.5%
Sep 2015	21.69%	-9.5%
Jun 2015	23.96%	+26.5%
Mar 2015	18.94%	+60.2%
Dec 2014	11.82%	-17.6%
Sep 2014	14.34%	+2.4%
Jun 2014	14.01%	+126.7%
Mar 2014	6.18%	-16.5%
Dec 2013	7.40%	-39.5%
Sep 2013	12.24%	+18.3%
Jun 2013	10.35%	+287.6%
Mar 2013	2.67%	-47.4%
Dec 2012	5.08%	-52.0%
Sep 2012	10.58%	-1.3%
Jun 2012	10.72%	+382.9%
Mar 2012	2.22%	-63.1%
Dec 2011	6.01%	-41.1%
Sep 2011	10.21%	+57.3%
Jun 2011	6.49%	+475.1%
Mar 2011	-1.73%	-133.5%
Dec 2010	5.16%	-64.1%
Sep 2010	14.36%	+23.3%
Jun 2010	11.65%	+473.9%
Mar 2010	2.03%	+84.5%
Dec 2009	1.10%	-85.1%
Sep 2009	7.38%	+12.5%
Jun 2009	6.56%	+59.2%
Mar 2009	4.12%	+351.2%
Dec 2008	-1.64%	-290.5%
Sep 2008	-0.42%	+76.9%
Jun 2008	-1.82%	+53.3%

Month	Value	Change
Mar 2008	-3.90%	-358.8%
Dec 2007	-0.85%	-110.2%
Sep 2007	8.34%	-12.3%
Jun 2007	9.51%	+128.1%
Mar 2007	4.17%	+95.8%
Dec 2006	2.13%	-48.3%
Sep 2006	4.12%	-49.3%
Jun 2006	8.12%	+163.0%
Mar 2006	-12.88%	-7.0%
Dec 2005	-12.04%	-227.2%
Sep 2005	-3.68%	-371.8%
Jun 2005	-0.78%	+93.2%
Mar 2005	-11.49%	+29.5%
Dec 2004	-16.29%	-70.9%
Sep 2004	-9.53%	-204.5%
Jun 2004	-3.13%	+73.5%
Mar 2004	-11.79%	-199.2%
Dec 2003	-3.94%	-53.9%
Sep 2003	-2.56%	+58.1%
Jun 2003	-6.11%	+60.8%
Mar 2003	-15.59%	-144.4%
Dec 2002	-6.38%	-12.5%
Sep 2002	-5.67%	-89.6%
Jun 2002	-2.99%	+76.5%
Mar 2002	-12.73%	+38.7%
Dec 2001	-20.75%	-99.1%
Sep 2001	-10.42%	-628.7%
Jun 2001	-1.43%	+52.2%
Mar 2001	-2.99%	-167.5%
Dec 2000	4.43%	-63.8%
Sep 2000	12.24%	-20.9%
Jun 2000	15.48%	+72.8%
Mar 2000	8.96%	-11.8%
Mar 1999	10.16%	+9.5%
Dec 1998	9.28%	-36.1%
Sep 1998	14.52%	+46.5%
Mar 1998	9.91%	+2.5%
Dec 1997	9.67%	-20.3%
Sep 1997	12.13%	+4.2%
Mar 1997	11.64%	+63.9%
Dec 1996	7.10%	-44.4%
Sep 1996	12.76%	+197.7%
Mar 1996	-13.06%	-327.5%
Dec 1995	5.74%	-52.6%
Sep 1995	12.11%	+777.5%
Mar 1995	1.38%	+122.6%
Dec 1994	0.62%	-87.3%
Sep 1994	4.88%	-93.8%
Jun 1994	79.06%	+1.1%
Mar 1994	78.21%	+3.4%
Dec 1993	75.61%	+1,905.6%
Sep 1993	3.77%	+175.2%
Jun 1993	1.37%	+122.5%
Mar 1993	-6.10%	+10.0%
Dec 1992	-6.78%	-27.9%
Sep 1992	-5.30%	+43.6%
Jun 1992	-9.39%	-32.6%
Mar 1992	-7.08%	+21.6%
Dec 1991	-9.03%	-968.3%
Sep 1991	1.04%	-48.0%
Jun 1991	2.00%	+139.9%
Mar 1991	-5.01%	+65.8%
Dec 1990	-14.65%	-341.3%
Sep 1990	-3.32%	-167.5%
Jun 1990	4.92%	+116.7%
Mar 1990	2.27%	-34.2%
Dec 1989	3.45%	-60.7%
Sep 1989	8.77%	+104.0%
Jun 1989	-220.60%	+2.4%
Jun 1988	-226.07%	-5.8%
Jun 1987	-213.73%	+36.0%
Jun 1986	-334.04%	-40.3%
Jun 1985	-238.14%	+6.4%
Jun 1984	-254.51%	-

FAQ

What is the current quarterly operating margin of DAL?: As of today, DAL quarterly operating margin is 7.20%
What is DAL quarterly operating margin most recent change?: DAL quarterly operating margin was down -23.65% on September 30, 2026
What is 1-year change in DAL quarterly operating margin?: DAL quarterly operating margin is down -28.71% year-over-year
How far is DAL quarterly operating margin from its all-time high?: DAL quarterly operating margin is currently -90.89% below its historical high of 79.06% set on June 30, 1994
How does DAL quarterly operating margin rank versus sector peers?: DAL quarterly operating margin is higher than 50.24% of companies in Industrials sector
When is DAL next earnings release?: The next earnings release for DAL is on January 13, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

DAL Official Website www.delta.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/27904/000002790426000008/0000027904-26-000008-index.htm
DAL Profile on Yahoo Finance finance.yahoo.com/quote/DAL
DAL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/dal