Delta Air Lines
DAL
#779
Rank
A$39.44 B
Marketcap
$61.07
Share price
-10.74%
Change (1 day)
-15.18%
Change (1 year)

P/E ratio for Delta Air Lines (DAL)

P/E ratio as of April 2025 (TTM): 7.39

According to Delta Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.38532. At the end of 2022 the company had a P/E ratio of 16.0.

P/E ratio history for Delta Air Lines from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.0-82.45%
202190.9-4509.7%
2020-2.06-125.9%
20197.96-9.11%
20188.75-29.61%
201712.446.89%
20168.47-4.96%
20158.91-86.05%
201463.92795.32%
20132.21-77.69%
20129.8925.94%
20117.85-56.36%
201018.0-335.68%
2009-7.641172.26%
2008-0.6003-134.51%
20071.74

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-7.61-203.00%๐Ÿ‡บ๐Ÿ‡ธ USA
37.4 405.99%๐Ÿ‡บ๐Ÿ‡ธ USA
7.09-4.02%๐Ÿ‡บ๐Ÿ‡ธ USA
35.2 376.36%๐Ÿ‡บ๐Ÿ‡ธ USA
3.91-47.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0616-100.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.05-127.75%๐Ÿ‡จ๐Ÿ‡ณ China
5.19-29.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-182-2,560.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.42-159.88%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.