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Delta Air LinesDAL +3.77%80 3-Year Share Buyback Ratio is -0.60 as of Jun. 2026. GuruFocus rates DAL with a GF Score™ of 80/100 and a GF Value™ of $58.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 527 Transportation companies, Delta Air Lines ranks worse than 51.99% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Delta Air Lines's current 3-Year Share Buyback Ratio was -0.60%.
The historical rank and industry rank for Delta Air Lines's 3-Year Share Buyback Ratio or its related term are showing as below:
DAL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -58.4 Med: -0.3 Max: 19.9
Current: -0.6
During the past 13 years, Delta Air Lines's highest 3-Year Share Buyback Ratio was 19.90%. The lowest was -58.40%. And the median was -0.30%.
DAL's 3-Year Share Buyback Ratio is ranked worse than 51.99% of 527
companies
in the Transportation industry
Industry Median: -0.4
vs DAL: -0.60
Delta Air Lines (NYSE:DAL) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Delta Air Lines 3-Year Share Buyback Ratio Related Terms
DAL vs UAL, LUV, AAL: 3-Year Share Buyback Ratio Comparison
For the Airlines subindustry, Delta Air Lines's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Delta Air Lines's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Delta Air Lines's 3-Year Share Buyback Ratio falls into.
Delta Air Lines 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -0.60 mean?
Delta Air Lines (DAL) has a 3-Year Share Buyback Ratio of -0.60 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Delta Air Lines and its competitors. According to the industry distribution chart, Delta Air Lines ranks #274 out of 527 companies in the Transportation industry, placing it in the top 52%.
Is Delta Air Lines' 3-Year Share Buyback Ratio too high?
Delta Air Lines' current 3-Year Share Buyback Ratio is -0.60. Based on the distribution chart, Delta Air Lines ranks #274 out of 527 companies in the Transportation industry, which is below the industry midpoint. Overall, Delta Air Lines has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' 3-Year Share Buyback Ratio compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #274 out of 527 companies for 3-Year Share Buyback Ratio. This places Delta Air Lines in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Transportation company?
A good 3-Year Share Buyback Ratio depends on the Transportation industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Delta Air Lines and its competitors. Delta Air Lines's current 3-Year Share Buyback Ratio is -0.60. 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 $58.11, compared to a current price of $85.06 — trading 46.4% above its estimated fair value. The current 3-Year Share Buyback Ratio is -0.60. Delta Air Lines' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Delta Air Lines (DAL), the current 3-Year Share Buyback Ratio is -0.60 as of Jun. 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 $85.06 is trading 46.4% above its estimated GF Value™ of $58.11.
GuruFocus considers Delta Air Lines to be Significantly Overvalued.
Key valuation signals for DAL:
3-Year Share Buyback Ratio: -0.60
GF Value™: $58.11 vs. price of $85.06 (46.4% above fair value)
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.
80GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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