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Delta Air Lines (Delta Air Lines) Enterprise Value : $52,779 Mil (As of Apr. 25, 2024)


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What is Delta Air Lines Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Delta Air Lines's Enterprise Value is $52,779 Mil. Delta Air Lines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $7,046 Mil. Therefore, Delta Air Lines's EV-to-EBIT ratio for today is 7.49.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Delta Air Lines's Enterprise Value is $52,779 Mil. Delta Air Lines's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $7,046 Mil. Therefore, Delta Air Lines's EV-to-EBITDA ratio for today is 7.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Delta Air Lines's Enterprise Value is $52,779 Mil. Delta Air Lines's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $59,037 Mil. Therefore, Delta Air Lines's EV-to-Revenue ratio for today is 0.89.


Delta Air Lines Enterprise Value Historical Data

The historical data trend for Delta Air Lines's Enterprise Value 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.

* Premium members only.

Delta Air Lines Enterprise Value Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51,962.31 47,113.30 48,369.95 45,148.00 49,298.87

Delta Air Lines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value 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 45,392.68 52,102.09 45,602.13 49,298.87 52,734.09

Competitive Comparison of Delta Air Lines's Enterprise Value

For the Airlines subindustry, Delta Air Lines's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Transportation Industry

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

* The bar in red indicates where Delta Air Lines's Enterprise Value falls into.



Delta Air Lines Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Delta Air Lines's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Delta Air Lines's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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  (NYSE:DAL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Delta Air Lines's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=52779.271/7046
=7.49

Delta Air Lines's current Enterprise Value is $52,779 Mil.
Delta Air Lines's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,046 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Delta Air Lines's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=52779.271/7046
=7.49

Delta Air Lines's current Enterprise Value is $52,779 Mil.
Delta Air Lines's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,046 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Delta Air Lines's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=52779.271/59037
=0.89

Delta Air Lines's current Enterprise Value is $52,779 Mil.
Delta Air Lines's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $59,037 Mil.

* 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 Enterprise Value Related Terms

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Delta Air Lines (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.
Executives
David S Taylor director THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Joanne D Smith officer: EVP & Chief HR Officer C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Steven M Sear officer: Pres. Int'l & EVP Global Sales C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Peter W Carter officer: EVP and Chief Legal Officer C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Michael P Huerta director 1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Mike Spanos officer: EVP & Chief Operating Officer PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Vasant M Prabhu director C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Glen W Hauenstein officer: EVP-Network Plng & Rev Mgmt 1600 SMITH ST, HOUSTON TX 77002
William C Carroll officer: SVP, Finance & Controller C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Francis S Blake director 2455 PACES FERRY RD, ATLANTA GA 30339
Edward H Bastian officer: President and CEO NWA C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
Leslie D. Hale director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
John E Laughter officer: EVP - Chief of Operations P.O. BOX 20574, C/O DELTA AIR LINES, INC. DEPT. 981, ATLANTA GA 30320
Daniel C. Janki officer: EVP & Chief Financial Officer 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513