Delta Air Lines, Inc. (DAL) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and...
Delta Air Lines, Inc. (DAL) currently trades at a P/E ratio of 15.07 (historical range: 5.37–315.16, median: 9.19), placing it at the 76th percentile — above its historical average, P/S ratio of 0.69 (range: 0.34–1.53, 69th percentile — above its historical average), EV/EBITDA of 11.23 (range: 5.95–57.38, 68th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Delta Air Lines, Inc.'s P/E ratio has contracted by 89% over the observed period (from an average of 83.9 to 9.0).
Delta Air Lines, Inc. trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.07 | 9.19 | 76th | above its historical average |
| P/S Ratio | 0.69 | 0.55 | 69th | above its historical average |
| EV/EBITDA | 11.23 | 9.24 | 68th | above its historical average |
| FCF Yield | 6.31% | 6.28% | 52th | near its historical average |
Delta Air Lines, Inc. (DAL) Valuation & P/E History
Delta Air Lines, Inc. (DAL) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Air Transportation, Scheduled industry currently trading at $75.49 with a market capitalization of $49.7 billion. This page provides historical valuation analysis for DAL based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 15.07 is above the historical median of 9.19, placing DAL at the 76th percentile of its valuation range. The P/S ratio of 0.69 compares to a median of 0.55.
DAL Valuation Metrics & Historical Range
The valuation table above shows Delta Air Lines, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether DAL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests DAL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Delta Air Lines, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is DAL Overvalued or Undervalued?
Delta Air Lines, Inc. trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 71 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive DAL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full DAL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.DAL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.