Delta Air LinesDAL +4.53%79 Quick Ratio is 0.36 as of Mar. 2026, which is 3% below its 10-year median of 0.37. 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 1,010 Transportation companies, Delta Air Lines ranks worse than 94.16% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Delta Air Lines's quick ratio for the quarter that ended in Mar. 2026 was 0.36.
Delta Air Lines has a quick ratio of 0.36. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Delta Air Lines's Quick Ratio or its related term are showing as below:
DAL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.37 Max: 1.23
Current: 0.36
During the past 13 years, Delta Air Lines's highest Quick Ratio was 1.23. The lowest was 0.28. And the median was 0.37.
DAL's Quick Ratio is ranked worse than 94.16% of 1010
companies
in the Transportation industry
Industry Median: 1.37
vs DAL: 0.36
Delta Air Lines (NYSE:DAL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Delta Air Lines Quick Ratio Related Terms
Delta Air Lines Quick Ratio Historical Data
* Premium members only.
The historical data trend for Delta Air Lines's Quick 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.
For the Airlines subindustry, Delta Air Lines's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Delta Air Lines's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Delta Air Lines's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Delta Air Lines's Quick Ratio 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 Quick Ratio of 0.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Delta Air Lines and its competitors. This is near median its historical median of 0.37. Over the past decade, Delta Air Lines' Quick Ratio has ranged from 0.28 to 1.23. According to the industry distribution chart, Delta Air Lines ranks #951 out of 1010 companies in the Transportation industry, placing it in the top 94.2%.
Is Delta Air Lines' Quick Ratio too high?
Delta Air Lines' current Quick Ratio of 0.36 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.23. The Transportation industry median Quick Ratio is 1.37. Delta Air Lines' value of 0.36 is 73.7% below this industry median. Based on the distribution chart, Delta Air Lines ranks #951 out of 1010 companies in the Transportation industry, which is in the bottom quartile 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' Quick Ratio compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #951 out of 1010 companies for Quick Ratio. This places Delta Air Lines in the lower half of its industry. The industry median Quick Ratio is 1.37. Delta Air Lines' value of 0.36 is 73.7% below this benchmark. Historically, Delta Air Lines' own Quick Ratio has ranged from 0.28 to 1.23 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.37, Delta Air Lines has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.37, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Air Lines's current Quick Ratio of 0.36 is 73.7% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Delta Air Lines and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Air Lines's current Quick Ratio is 0.36, which is near median its own 10-year median of 0.37. 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 $90.65 — trading 67.5% above its estimated fair value. The current Quick Ratio is 0.36, which is near median its 10-year median of 0.37 and 73.7% below the Transportation industry median of 1.37. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Delta Air Lines (DAL), the current Quick Ratio is 0.36 as of Mar. 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 $90.65 is trading 67.5% above its estimated GF Value™ of $54.11.
GuruFocus considers Delta Air Lines to be Significantly Overvalued.
Key valuation signals for DAL:
Quick Ratio: 0.36 (near median its 10-year median of 0.37)
GF Value™: $54.11 vs. price of $90.65 (67.5% above fair value)
Industry Position: 73.7% below the Transportation median (#951 of 1010)
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
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