Delta Air Lines (MEX:DAL) Debt-to-EBITDA : -80.55 (As of Mar. 2026)


MEX:DAL Delta Air Lines Inc MEX:DAL
73 GF Score
Price MXN1,530.00
GF Value MXN925.21
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Delta Air Lines Debt-to-EBITDA?

Delta Air Lines MEX:DAL -2.60% 73 Debt-to-EBITDA is -80.55 as of Mar. 2026. GuruFocus rates MEX:DAL with a GF Score™ of 73/100 and a GF Value™ of MXN925.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 868 Transportation companies, Delta Air Lines ranks worse than 59.22% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Delta Air Lines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN70,778 Mil. Delta Air Lines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN295,267 Mil. Delta Air Lines's annualized EBITDA for the quarter that ended in Mar. 2026 was MXN-4,544 Mil. Delta Air Lines's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -80.55.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Delta Air Lines's Debt-to-EBITDA or its related term are showing as below:

MEX:DAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.88   Med: 2.15   Max: 9.44
Current: 3.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Delta Air Lines was 9.44. The lowest was -2.88. And the median was 2.15.

MEX:DAL's Debt-to-EBITDA is ranked worse than
59.22% of 868 companies
in the Transportation industry
Industry Median: 2.64 vs MEX:DAL: 3.22

Delta Air Lines  (MEX:DAL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Delta Air Lines Debt-to-EBITDA Related Terms


Delta Air Lines Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Delta Air Lines's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Delta Air Lines Debt-to-EBITDA Chart

Delta Air Lines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.44 6.06 3.11 2.88 2.18

Delta Air Lines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.16 1.94 2.69 3.03 -80.55

MEX:DAL vs UAL, LUV, AAL: Debt-to-EBITDA Comparison

For the Airlines subindustry, Delta Air Lines's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delta Air Lines Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Delta Air Lines's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Debt-to-EBITDA falls into.


MEX:DAL
73GF Score
Delta Air Lines Inc MEX:DAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Air Lines Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Delta Air Lines's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(43465.76 + 321581.802) / 167579.05
=2.18

Delta Air Lines's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(70778.348 + 295267.43) / -4544.24
=-80.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -80.55 mean?
Delta Air Lines (MEX:DAL) has a Debt-to-EBITDA of -80.55 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Delta Air Lines. According to the industry distribution chart, Delta Air Lines ranks #514 out of 868 companies in the Transportation industry, placing it in the top 59.2%.
Is Delta Air Lines' Debt-to-EBITDA too high?
Delta Air Lines' current Debt-to-EBITDA is -80.55. Based on the distribution chart, Delta Air Lines ranks #514 out of 868 companies in the Transportation industry, which is below the industry midpoint. Overall, Delta Air Lines has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' Debt-to-EBITDA compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #514 out of 868 companies for Debt-to-EBITDA. This places Delta Air Lines in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Delta Air Lines. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Air Lines's current Debt-to-EBITDA is -80.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Air Lines stock overvalued right now?
Based on GuruFocus' analysis, Delta Air Lines (MEX:DAL) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN925.21, compared to a current price of MXN1,530.00 — trading 65.4% above its estimated fair value. The current Debt-to-EBITDA is -80.55. Delta Air Lines' overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Delta Air Lines (MEX:DAL), the current Debt-to-EBITDA is -80.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Delta Air Lines (MEX:DAL) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Air Lines stock appears to be overvalued. The current stock price of MXN1,530.00 is trading 65.4% above its estimated GF Value™ of MXN925.21. GuruFocus considers Delta Air Lines to be Significantly Overvalued.

Key valuation signals for MEX:DAL:

  • Debt-to-EBITDA: -80.55
  • GF Value™: MXN925.21 vs. price of MXN1,530.00 (65.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the MEX:DAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Air Lines Business Description

Address Post Office Box 20706, Atlanta, GA, USA, 30320-6001
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 distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.
73GF Score

Get the complete analysis for MEX:DAL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,530.00
Price
MXN925.21
GF Value