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Delta Air Lines (LIM:DAL) PS Ratio : 0.68 (As of Dec. 12, 2024)


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What is Delta Air Lines PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Delta Air Lines's share price is $63.30. Delta Air Lines's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $93.37. Hence, Delta Air Lines's PS Ratio for today is 0.68.

Warning Sign:

Delta Air Lines Inc stock PS Ratio (=0.67) is close to 2-year high of 0.69

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

LIM:DAL' s PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.85   Max: 2.48
Current: 0.67

During the past 13 years, Delta Air Lines's highest PS Ratio was 2.48. The lowest was 0.27. And the median was 0.85.

LIM:DAL's PS Ratio is ranked better than
61.51% of 964 companies
in the Transportation industry
Industry Median: 1.025 vs LIM:DAL: 0.67

Delta Air Lines's Revenue per Sharefor the three months ended in Sep. 2024 was $24.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $93.37.

During the past 12 months, the average Revenue per Share Growth Rate of Delta Air Lines was 4.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 49.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.00% per year.

During the past 13 years, Delta Air Lines's highest 3-Year average Revenue per Share Growth Rate was 49.80% per year. The lowest was -27.50% per year. And the median was 5.10% per year.

Back to Basics: PS Ratio


Delta Air Lines PS Ratio Historical Data

The historical data trend for Delta Air Lines's PS Ratio 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 PS Ratio Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 1.50 0.84 0.42 0.45

Delta Air Lines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio 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 0.41 0.45 0.52 0.51 0.54

Competitive Comparison of Delta Air Lines's PS Ratio

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

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

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



Delta Air Lines PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Delta Air Lines's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=63.30/93.372
=0.68

Delta Air Lines's Share Price of today is $63.30.
Delta Air Lines's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $93.37.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Delta Air Lines  (LIM:DAL) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Delta Air Lines PS Ratio Related Terms

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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.