DAL (Delta Air Lines) ROCE % : 11.52% (As of Dec. 2024)

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

What is Delta Air Lines ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Delta Air Lines's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.52%.

Delta Air Lines ROCE % Historical Data

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

Delta Air Lines Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-29.20

3.12

6.02

13.77

11.27

Delta Air Lines Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															21.37	2.79	16.88	14.81	11.52

Delta Air Lines ROCE % Calculation

Delta Air Lines's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	5405	/	( ( (73644 - 26418)	+	(75372 - 26670) )	/ 2 )
	=	5405	/	( (47226	+	48702)	/ 2 )
	=	5405	/	47964
	=	11.27 %

Delta Air Lines's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	5528	/	( ( (75368 - 28118)	+	(75372 - 26670) )	/ 2 )
	=	5528	/	( ( 47250	+	48702 )	/ 2 )
	=	5528	/	47976
	=	11.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Delta Air Lines (NYSE:DAL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Delta Air Lines ROCE % Related Terms

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

Delta Air Lines Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

DAL:Peru DAL:Mexico 0QZ4:UK OYC:Germany DEAI34:Brazil DAL:Austria

Address

Post Office Box 20706, Atlanta, GA, USA, 30320-6001

Website

https://www.delta.com

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.

Executives

Rahul D Samant	officer: EVP & Chief Info Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
William C Carroll	officer: SVP, Finance & Controller	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Edward H Bastian	officer: President and CEO NWA	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Joanne D Smith	officer: EVP & Chief HR Officer	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Glen W Hauenstein	officer: EVP-Network Plng & Rev Mgmt	1600 SMITH ST, HOUSTON TX 77002
Allison C Ausband	officer: EVP-Chief Cust Experience Offr	P.O. BOX 20574, C/O DELTA AIR LINES, INC. 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
Alain Bellemare	officer: EVP & Pres. - International	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, 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
David S Taylor	director	THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
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
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213