Delta Air LinesDAL +4.04%79 Market Cap is $59,274 Mil as of Jun. 24, 2026. GuruFocus rates DAL with a GF Score™ of 79/100 and a GF Value™ of $54.11 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,033 Transportation companies, Delta Air Lines ranks better than 99.13% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Delta Air Lines's share price for the quarter that ended in Mar. 2026 was $66.48. Delta Air Lines's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 657 Mil. Therefore, Delta Air Lines's market cap for the quarter that ended in Mar. 2026 was $43,677 Mil.
Delta Air Lines's quarterly market cap
increased
from Sep. 2025 ($37,056 Mil) to Dec. 2025 ($45,330 Mil) but then
declined
from Dec. 2025 ($45,330 Mil) to Mar. 2026 ($43,677 Mil).
Delta Air Lines's annual market cap
increased
from Dec. 2023 ($25,886 Mil) to Dec. 2024 ($39,112 Mil) and
increased
from Dec. 2024 ($39,112 Mil) to Dec. 2025 ($45,330 Mil).
Enterprise Value is 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 and cash equivalents. Delta Air Lines's Enterprise Value for Today is $74,520 Mil.
Delta Air Lines (NYSE:DAL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Delta Air Lines Market Cap Related Terms
Delta Air Lines Market Cap Historical Data
* Premium members only.
The historical data trend for Delta Air Lines's Market Cap 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.
For the Airlines subindustry, Delta Air Lines's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Delta Air Lines's Market Cap distribution charts can be found below:
* The bar in red indicates where Delta Air Lines's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Delta Air Lines's Market Cap for the fiscal year that ended in Dec. 2025 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 (DAL) has a Market Cap of $59,274 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Delta Air Lines and its competitors. According to the industry distribution chart, Delta Air Lines ranks #9 out of 1033 companies in the Transportation industry, placing it in the top 0.90000000000001%.
Is Delta Air Lines' Market Cap too high?
Delta Air Lines' current Market Cap is $59,274 Mil. The Transportation industry median Market Cap is 260.23. Delta Air Lines' value of $59,274 Mil is 22677.5% above this industry median. Based on the distribution chart, Delta Air Lines ranks #9 out of 1033 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Delta Air Lines has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' Market Cap compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #9 out of 1033 companies for Market Cap. This places Delta Air Lines in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 260.23. Delta Air Lines' value of $59,274 Mil is 22677.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 260.23, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Air Lines's current Market Cap of $59,274 Mil is 22677.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Delta Air Lines and its competitors. For the Transportation industry, the median Market Cap is 260.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Air Lines's current Market Cap is $59,274 Mil. 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 (DAL) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.11, compared to a current price of $90.22 — trading 66.7% above its estimated fair value. The current Market Cap is $59,274 Mil and 22677.5% above the Transportation industry median of 260.23. Delta Air Lines' overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Delta Air Lines (DAL), the current Market Cap is $59,274 Mil as of Jun. 24, 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 (DAL) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Air Lines stock appears to be overvalued.
The current stock price of $90.22 is trading 66.7% above its estimated GF Value™ of $54.11.
GuruFocus considers Delta Air Lines to be Significantly Overvalued.
Key valuation signals for DAL:
Market Cap: $59,274 Mil
GF Value™: $54.11 vs. price of $90.22 (66.7% above fair value)
Industry Position: 22677.5% above the Transportation median (#9 of 1033)
No single metric tells the full story. See the DAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
79GF Score
Get the complete analysis for DAL
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DAL has been successfully added to your 
