Delta Air Lines (MEX:DAL) E10: MXN48.30 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DAL Delta Air Lines Inc MEX:DAL
64 GF Score
Price MXN1,570.00
GF Value MXN1,031.65
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Delta Air Lines E10?

Delta Air Lines MEX:DAL -2.79% 64 E10 is MXN48.30 as of Jun. 2026. GuruFocus rates MEX:DAL with a GF Score™ of 64/100 and a GF Value™ of MXN1,031.65 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Delta Air Lines's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN42.576. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN48.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Delta Air Lines's average E10 Growth Rate was -4.80% per year. During the past 3 years, the average E10 Growth Rate was -2.40% per year. During the past 5 years, the average E10 Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Delta Air Lines was 84.20% per year. The lowest was -229.60% per year. And the median was -1.55% per year.

As of today (2026-08-09), Delta Air Lines's current stock price is MXN1570.00. Delta Air Lines's E10 for the quarter that ended in Jun. 2026 was MXN48.30. Delta Air Lines's Shiller PE Ratio of today is 32.51.

During the past 13 years, the highest Shiller PE Ratio of Delta Air Lines was 66.02. The lowest was 4.05. And the median was 15.28.


Delta Air Lines  (MEX:DAL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Delta Air Lines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1570.00/48.30
=32.51

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Delta Air Lines was 66.02. The lowest was 4.05. And the median was 15.28.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Delta Air Lines E10 Related Terms


Delta Air Lines E10 Historical Data

* Premium members only.

The historical data trend for Delta Air Lines's E10 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 E10 Chart

Delta Air Lines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.33 59.91 39.25 58.68 52.20

Delta Air Lines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 54.56 52.46 52.20 47.97 48.30

MEX:DAL vs UAL, LUV, AAL: E10 Comparison

For the Airlines subindustry, Delta Air Lines's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Delta Air Lines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Shiller PE Ratio falls into.


MEX:DAL
64GF Score
Delta Air Lines Inc MEX:DAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Air Lines E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Delta Air Lines's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=42.576/333.9520*333.9520
=42.576

Current CPI (Jun. 2026) = 333.9520.

Delta Air Lines Quarterly Data

per share eps CPI Adj_EPS
201609 32.677 241.428 45.200
201612 17.318 241.432 23.954
201703 14.498 243.801 19.859
201706 29.283 244.955 39.922
201709 29.218 246.819 39.533
201712 8.249 246.524 11.174
201803 14.352 249.554 19.206
201806 29.278 251.989 38.801
201809 35.914 252.439 47.511
201812 29.256 251.233 38.889
201903 21.144 254.202 27.777
201906 42.452 256.143 55.348
201909 45.604 256.759 59.315
201912 32.251 256.974 41.912
202003 -19.696 258.115 -25.483
202006 -207.970 257.797 -269.406
202009 -187.111 260.280 -240.073
202012 -23.671 260.474 -30.348
202103 -37.816 264.877 -47.678
202106 20.304 271.696 24.956
202109 38.862 274.310 47.312
202112 -13.129 278.802 -15.726
202203 -29.468 287.504 -34.229
202206 23.136 296.311 26.075
202209 21.724 296.808 24.443
202212 25.150 296.797 28.298
202303 -10.274 301.836 -11.367
202306 48.689 305.109 53.292
202309 29.961 307.789 32.508
202312 53.639 306.746 58.396
202403 0.996 312.332 1.065
202406 36.823 314.175 39.141
202409 38.790 315.301 41.085
202412 26.904 315.605 28.468
202503 7.570 319.799 7.905
202506 61.571 322.561 63.745
202509 39.807 324.800 40.929
202512 33.491 324.054 34.514
202603 -7.934 330.213 -8.024
202606 42.576 333.952 42.576

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN48.30 mean?
Delta Air Lines (MEX:DAL) has a E10 of MXN48.30 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Delta Air Lines and its competitors.
Is Delta Air Lines' E10 too high?
Delta Air Lines' current E10 is MXN48.30. Overall, Delta Air Lines has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' E10 compare to UAL and LUV?
Delta Air Lines' E10 of MXN48.30 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Transportation company?
A good E10 depends on the Transportation industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Delta Air Lines and its competitors. Delta Air Lines's current E10 is MXN48.30. 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 MXN1,031.65, compared to a current price of MXN1,570.00 — trading 52.2% above its estimated fair value. The current E10 is MXN48.30. Delta Air Lines' overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Delta Air Lines (MEX:DAL), the current E10 is MXN48.30 as of Jun. 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 MXN1,570.00 is trading 52.2% above its estimated GF Value™ of MXN1,031.65. GuruFocus considers Delta Air Lines to be Significantly Overvalued.

Key valuation signals for MEX:DAL:

  • E10: MXN48.30
  • GF Value™: MXN1,031.65 vs. price of MXN1,570.00 (52.2% above fair value)
  • GF Score™: 64/100 with 9 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.
64GF Score

Get the complete analysis for MEX:DAL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,570.00
Price
MXN1,031.65
GF Value