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Delta Air Lines (BSP:DEAI34) Pretax Margin % : 0.89% (As of Mar. 2024)


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What is Delta Air Lines Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Delta Air Lines's Pre-Tax Income for the three months ended in Mar. 2024 was R$608 Mil. Delta Air Lines's Revenue for the three months ended in Mar. 2024 was R$68,462 Mil. Therefore, Delta Air Lines's pretax margin for the quarter that ended in Mar. 2024 was 0.89%.

The historical rank and industry rank for Delta Air Lines's Pretax Margin % or its related term are showing as below:

BSP:DEAI34' s Pretax Margin % Range Over the Past 10 Years
Min: -91.18   Med: 10.63   Max: 17.58
Current: 10.56


BSP:DEAI34's Pretax Margin % is ranked better than
61.11% of 972 companies
in the Transportation industry
Industry Median: 6.955 vs BSP:DEAI34: 10.56

Delta Air Lines Pretax Margin % Historical Data

The historical data trend for Delta Air Lines's Pretax Margin % 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 Pretax Margin % Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 -91.18 1.33 3.78 9.66

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
Pretax Margin % 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 -3.97 14.87 9.82 16.00 0.89

Competitive Comparison of Delta Air Lines's Pretax Margin %

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

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

* The bar in red indicates where Delta Air Lines's Pretax Margin % falls into.



Delta Air Lines Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=27478.078/284423.59
=9.66 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=607.536/68462.29
=0.89 %

* 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  (BSP:DEAI34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Delta Air Lines Pretax Margin % Related Terms

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Delta Air Lines (BSP:DEAI34) Business Description

Traded in Other Exchanges
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 Air Lines (BSP:DEAI34) Headlines

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