GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (NYSE:DAL) » Definitions » Market Cap

Delta Air Lines (Delta Air Lines) Market Cap : $32,188 Mil (As of Apr. 25, 2024)


View and export this data going back to 1967. Start your Free Trial

What is Delta Air Lines Market Cap?

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. 2024 was $47.87. Delta Air Lines's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 645 Mil. Therefore, Delta Air Lines's market cap for the quarter that ended in Mar. 2024 was $30,891 Mil.

Delta Air Lines's quarterly market cap increased from Sep. 2023 ($23,808 Mil) to Dec. 2023 ($25,886 Mil) and increased from Dec. 2023 ($25,886 Mil) to Mar. 2024 ($30,891 Mil).

Delta Air Lines's annual market cap declined from Dec. 2021 ($25,010 Mil) to Dec. 2022 ($21,072 Mil) but then increased from Dec. 2022 ($21,072 Mil) to Dec. 2023 ($25,886 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 $52,779 Mil.


Delta Air Lines Market Cap Historical Data

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.

* Premium members only.

Delta Air Lines Market Cap Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,589.31 25,661.30 25,009.95 21,072.00 25,885.87

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
Market Cap 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 22,443.68 30,588.09 23,808.13 25,885.87 30,891.09

Competitive Comparison of Delta Air Lines's Market Cap

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's Market Cap Distribution in the 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.



Delta Air Lines Market Cap Calculation

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. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$40.23*643.447
=$25,886

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

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$47.87*645.312
=$30,891

* 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) 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 company’s 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

Thank you for viewing the detailed overview of Delta Air Lines's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


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