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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.33
DAL's Cash to Debt is ranked higher than
75% of the 126 Companies
in the Global Airlines industry.

( Industry Median: 0.52 vs. DAL: 0.33 )
DAL' s 10-Year Cash to Debt Range
Min: 0.11   Max: No Debt
Current: 0.33

Equity to Asset 0.22
DAL's Equity to Asset is ranked higher than
75% of the 119 Companies
in the Global Airlines industry.

( Industry Median: 0.28 vs. DAL: 0.22 )
DAL' s 10-Year Equity to Asset Range
Min: -0.69   Max: 0.31
Current: 0.22

-0.69
0.31
F-Score: 8
Z-Score: 1.33
M-Score: -1.83
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 9.00
DAL's Operating margin (%) is ranked higher than
89% of the 123 Companies
in the Global Airlines industry.

( Industry Median: 4.64 vs. DAL: 9.00 )
DAL' s 10-Year Operating margin (%) Range
Min: -36.63   Max: 12.81
Current: 9

-36.63
12.81
Net-margin (%) 27.90
DAL's Net-margin (%) is ranked higher than
99% of the 123 Companies
in the Global Airlines industry.

( Industry Median: 2.79 vs. DAL: 27.90 )
DAL' s 10-Year Net-margin (%) Range
Min: -39.31   Max: 27.9
Current: 27.9

-39.31
27.9
ROE (%) 90.53
DAL's ROE (%) is ranked higher than
99% of the 118 Companies
in the Global Airlines industry.

( Industry Median: 7.83 vs. DAL: 90.53 )
DAL' s 10-Year ROE (%) Range
Min: -1020.82   Max: 90.53
Current: 90.53

-1020.82
90.53
ROA (%) 20.17
DAL's ROA (%) is ranked higher than
99% of the 126 Companies
in the Global Airlines industry.

( Industry Median: 1.66 vs. DAL: 20.17 )
DAL' s 10-Year ROA (%) Range
Min: -31.61   Max: 20.17
Current: 20.17

-31.61
20.17
ROC (Joel Greenblatt) (%) 15.56
DAL's ROC (Joel Greenblatt) (%) is ranked higher than
90% of the 123 Companies
in the Global Airlines industry.

( Industry Median: 6.09 vs. DAL: 15.56 )
DAL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -40.31   Max: 18.17
Current: 15.56

-40.31
18.17
Revenue Growth (%) 5.30
DAL's Revenue Growth (%) is ranked higher than
80% of the 104 Companies
in the Global Airlines industry.

( Industry Median: 4.50 vs. DAL: 5.30 )
DAL' s 10-Year Revenue Growth (%) Range
Min: -27.6   Max: 12.5
Current: 5.3

-27.6
12.5
EBITDA Growth (%) 17.30
DAL's EBITDA Growth (%) is ranked higher than
93% of the 97 Companies
in the Global Airlines industry.

( Industry Median: -6.70 vs. DAL: 17.30 )
DAL' s 10-Year EBITDA Growth (%) Range
Min: -30   Max: 238.7
Current: 17.3

-30
238.7
EPS Growth (%) 159.80
DAL's EPS Growth (%) is ranked higher than
98% of the 87 Companies
in the Global Airlines industry.

( Industry Median: -16.50 vs. DAL: 159.80 )
DAL' s 10-Year EPS Growth (%) Range
Min: -63.8   Max: 159.8
Current: 159.8

-63.8
159.8
» DAL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

DAL Guru Trades in Q2 2013

Louis Moore Bacon 100,000 sh (New)
Stanley Druckenmiller 3,861,500 sh (New)
Caxton Associates 383,106 sh (+91.55%)
Jeremy Grantham 673,619 sh (+79.23%)
Pioneer Investments 627,672 sh (+72.86%)
PRIMECAP Management 15,338,000 sh (+72.77%)
Steven Cohen 1,369,250 sh (+62.14%)
David Tepper 10,290,884 sh (+4.75%)
Jean-Marie Eveillard Sold Out
Joel Greenblatt 85,904 sh (-2.69%)
Robert Olstein 407,000 sh (-2.86%)
Ronald Muhlenkamp 77,485 sh (-3.2%)
Ken Heebner 5,070,000 sh (-30.53%)
Paul Tudor Jones 14,700 sh (-40.96%)
George Soros 5,151,757 sh (-42.87%)
» More
Q3 2013

DAL Guru Trades in Q3 2013

Julian Robertson 863,000 sh (New)
Ronald Muhlenkamp 724,765 sh (+835.36%)
PRIMECAP Management 16,163,700 sh (+5.38%)
Pioneer Investments 655,697 sh (+4.46%)
Ken Heebner 5,250,000 sh (+3.55%)
Joel Greenblatt Sold Out
George Soros Sold Out
Caxton Associates Sold Out
Jeremy Grantham 663,587 sh (-1.49%)
David Tepper 8,400,000 sh (-18.37%)
Stanley Druckenmiller 3,110,000 sh (-19.46%)
Robert Olstein 267,000 sh (-34.4%)
Paul Tudor Jones 9,600 sh (-34.69%)
Louis Moore Bacon 23,109 sh (-76.89%)
Steven Cohen 253,372 sh (-81.5%)
» More
Q4 2013

DAL Guru Trades in Q4 2013

George Soros 1,588,507 sh (New)
Caxton Associates 51,939 sh (New)
Whitney Tilson 75,000 sh (New)
David Dreman 2,076 sh (New)
Louis Moore Bacon 1,142,724 sh (+4844.93%)
Paul Tudor Jones 20,515 sh (+113.7%)
Steven Cohen 414,464 sh (+63.58%)
Ronald Muhlenkamp 754,415 sh (+4.09%)
PRIMECAP Management 16,210,200 sh (+0.29%)
Stanley Druckenmiller 3,110,000 sh (unchged)
Julian Robertson 836,885 sh (-3.03%)
Robert Olstein 228,000 sh (-14.61%)
Pioneer Investments 549,605 sh (-16.18%)
David Tepper 5,635,683 sh (-32.91%)
Jeremy Grantham 339,100 sh (-48.9%)
Ken Heebner 990,000 sh (-81.14%)
» More
Q1 2014

DAL Guru Trades in Q1 2014

Chuck Royce 4,400 sh (New)
David Dreman 7,541 sh (+263.25%)
PRIMECAP Management 18,378,980 sh (+13.38%)
Whitney Tilson 84,800 sh (+13.07%)
David Tepper 5,969,683 sh (+5.93%)
Ken Heebner 990,000 sh (unchged)
Caxton Associates Sold Out
Stanley Druckenmiller Sold Out
Ronald Muhlenkamp 752,495 sh (-0.25%)
Pioneer Investments 539,551 sh (-1.83%)
George Soros 1,516,586 sh (-4.53%)
Paul Tudor Jones 19,086 sh (-6.97%)
Julian Robertson 745,485 sh (-10.92%)
Louis Moore Bacon 959,438 sh (-16.04%)
Robert Olstein 187,000 sh (-17.98%)
Steven Cohen 287,935 sh (-30.53%)
Jeremy Grantham 85,485 sh (-74.79%)
» More
» Details

Insider Trades

Latest Guru Trades with DAL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Julian Robertson 2014-03-31 Reduce -10.92%0.76%$27.19 - $35.37 $ 39.1522%745485
David Dreman 2014-03-31 Add 263.25%0.01%$27.19 - $35.37 $ 39.1522%7541
George Soros 2013-12-31 New Buy0.37%$24.02 - $29.34 $ 39.1546%1588507
Ronald Muhlenkamp 2013-12-31 Add 4.09%0.14%$24.02 - $29.34 $ 39.1546%754415
David Dreman 2013-12-31 New Buy$24.02 - $29.34 $ 39.1546%2076
Julian Robertson 2013-09-30 New Buy3.1%$18.41 - $24.01 $ 39.1588%863000
Ronald Muhlenkamp 2013-09-30 Add 835.36%3.04%$18.41 - $24.01 $ 39.1588%724765
George Soros 2013-09-30 Sold Out 1%$18.41 - $24.01 $ 39.1588%0
Joel Greenblatt 2013-09-30 Sold Out 0.07%$18.41 - $24.01 $ 39.1588%0
George Soros 2013-06-30 Reduce -42.87%0.73%$14.39 - $18.97 $ 39.15126%5151757
PRIMECAP Management 2013-06-30 Add 72.77%0.17%$14.39 - $18.97 $ 39.15126%15338000
Jean-Marie Eveillard 2013-06-30 Sold Out 0.12%$14.39 - $18.97 $ 39.15126%0
Premium More recent guru trades are included for Premium Members only!!
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Top Ranked Articles about Delta Air Lines Inc

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Evidence of David Tepper’s magic touch has been manifest numerous times over his career. This year in particular, his “one big play versus the market” doubled and tripled, helping propel his firm, Appaloosa Management, to gross returns of more than 40%. The play also happened to be in a sector Warren Buffett loathes. Read more...
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Ratios

vs
industry
vs
history
P/E(ttm) 3.10
DAL's P/E(ttm) is ranked higher than
99% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 19.30 vs. DAL: 3.10 )
DAL' s 10-Year P/E(ttm) Range
Min: 2.2   Max: 685.5
Current: 3.1

2.2
685.5
P/B 2.80
DAL's P/B is ranked higher than
75% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 1.78 vs. DAL: 2.80 )
DAL' s 10-Year P/B Range
Min: 0.36   Max: 181.13
Current: 2.8

0.36
181.13
P/S 0.88
DAL's P/S is ranked higher than
73% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 0.45 vs. DAL: 0.88 )
DAL' s 10-Year P/S Range
Min: 0.09   Max: 0.95
Current: 0.88

0.09
0.95
PFCF 17.50
DAL's PFCF is ranked higher than
89% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 95.12 vs. DAL: 17.50 )
DAL' s 10-Year PFCF Range
Min: 4.28   Max: 60.41
Current: 17.5

4.28
60.41
EV-to-EBIT 9.79
DAL's EV-to-EBIT is ranked higher than
90% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 20.20 vs. DAL: 9.79 )
DAL' s 10-Year EV-to-EBIT Range
Min: 6.1   Max: 117
Current: 9.79

6.1
117
PEG 0.10
DAL's PEG is ranked higher than
99% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 35.00 vs. DAL: 0.10 )
DAL' s 10-Year PEG Range
Min: 0   Max: 0.1
Current: 0.1

0
0.1
Shiller P/E 26.90
DAL's Shiller P/E is ranked higher than
88% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 54.00 vs. DAL: 26.90 )
DAL' s 10-Year Shiller P/E Range
Min: 22.27   Max: 28.92
Current: 26.9

22.27
28.92
Current Ratio 0.65
DAL's Current Ratio is ranked higher than
70% of the 122 Companies
in the Global Airlines industry.

( Industry Median: 0.95 vs. DAL: 0.65 )
DAL' s 10-Year Current Ratio Range
Min: 0.5   Max: 0.97
Current: 0.65

0.5
0.97
Quick Ratio 0.59
DAL's Quick Ratio is ranked higher than
69% of the 122 Companies
in the Global Airlines industry.

( Industry Median: 0.91 vs. DAL: 0.59 )
DAL' s 10-Year Quick Ratio Range
Min: 0.5   Max: 0.94
Current: 0.59

0.5
0.94

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.61
DAL's Dividend Yield is ranked lower than
86% of the 59 Companies
in the Global Airlines industry.

( Industry Median: 1.62 vs. DAL: 0.61 )
DAL' s 10-Year Dividend Yield Range
Min: 0.21   Max: 0.55
Current: 0.61

0.21
0.55
Dividend Payout 0.01
DAL's Dividend Payout is ranked higher than
94% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 9999.00 vs. DAL: 0.01 )
DAL' s 10-Year Dividend Payout Range
Min: 0.01   Max: 0.24
Current: 0.01

0.01
0.24
Yield on cost (5-Year) 0.60
DAL's Yield on cost (5-Year) is ranked lower than
86% of the 59 Companies
in the Global Airlines industry.

( Industry Median: 1.63 vs. DAL: 0.60 )
DAL' s 10-Year Yield on cost (5-Year) Range
Min: 0.21   Max: 0.55
Current: 0.6

0.21
0.55
Share Buyback Rate -0.60
DAL's Share Buyback Rate is ranked higher than
84% of the 99 Companies
in the Global Airlines industry.

( Industry Median: -0.70 vs. DAL: -0.60 )
DAL' s 10-Year Share Buyback Rate Range
Min: 6.7   Max: -61.5
Current: -0.6

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 2.30
DAL's Price/DCF (Projected) is ranked higher than
84% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 12.20 vs. DAL: 2.30 )
DAL' s 10-Year Price/DCF (Projected) Range
Min: 1.5   Max: 495.75
Current: 2.3

1.5
495.75
Price/Median PS Value 3.50
DAL's Price/Median PS Value is ranked higher than
68% of the 135 Companies
in the Global Airlines industry.

( Industry Median: 1.07 vs. DAL: 3.50 )
DAL' s 10-Year Price/Median PS Value Range
Min: 0.45   Max: 3.11
Current: 3.5

0.45
3.11
Earnings Yield (Greenblatt) 9.90
DAL's Earnings Yield (Greenblatt) is ranked higher than
88% of the 122 Companies
in the Global Airlines industry.

( Industry Median: 6.90 vs. DAL: 9.90 )
DAL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 16.4
Current: 9.9

0.9
16.4
Forward Rate of Return (Yacktman) -0.32
DAL's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 105 Companies
in the Global Airlines industry.

( Industry Median: 4.03 vs. DAL: -0.32 )
DAL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -38.3   Max: 1.8
Current: -0.32

-38.3
1.8

Business Description

Industry: Airlines » Airlines
Compare:CPA, RYAAY, LFL, ALNPY, LUV » details
Traded in other countries:OYC.Germany
Delta Air Lines, Inc. was incorporated under the laws of the State of Delaware. The Company operates as an airline, providing scheduled air transportation for passengers and cargo throughout the United States and around the world. On October 29, 2008, a subsidiary of the Company merged with and into Northwest Airlines Corporation 'Northwest'. As a result of this merger, Northwest and its subsidiaries, including Northwest Airlines, Inc. 'NWA', became wholly-owned subsidiaries of Delta. The Company's global route network is centered on the hub system. It operates at airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York-JFK, Salt Lake City, Amsterdam and Tokyo-Narita. Each of these hub operations includes flights that gather and distribute traffic from markets in the geographic region surrounding the hub to domestic and international cities and to other hubs. The Company and NWA both have frequent flyer programs, which are designed to retain and increase traveler loyalty by offering incentives to customers to increase travel on each airline. Delta's SkyMiles(r) program allows program members to earn mileage for travel awards by flying on it. Mileage credit might also be earned by using certain services offered by program participants, such as credit card companies, hotels, car rental agencies, telecommunication services and internet services. Through the strength of its global network, it is able to connect all of the world's major freight gateways. The Company's maintenance, repair and overhaul 'MRO' operations known as Delta TechOps is an airline MRO in North America with state-of-the-art facilities worldwide. In addition to providing maintenance and engineering support for the combined Delta and NWA fleets of nearly 800 aircraft, Delta TechOps serves more than 125 aviation and airline customers from around the world. In particular, it faces significant competition at its hub airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York-JFK, Salt Lake City, Amsterdam and Tokyo-Narita either directly at those airports or at the hubs of other airlines that are located in close proximity to its hubs. The DOT and the Federal Aviation Administration 'FAA' exercise regulatory authority over air transportation in the U.S. The DOT has authority to issue certificates of public convenience and necessity required for airlines to provide domestic air transportation. The U.S. Environmental Protection Agency the 'EPA' is authorized to regulate aircraft emissions and has historically implemented emissions control standards previously adopted by the International Civil Aviation Organization 'ICAO'. The Company's aircraft comply with the existing EPA standards as applicable by engine design date.
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User Comments

Zaheeramin1@gmail.com
ReplyZaheeramin1@gmail.com - 1 week ago
any one with estimates on delta , seems to be very cheap as compared to the industry
balance sheet may be a problem

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