Delta Air Lines
DAL
#538
Rank
$39.39 B
Marketcap
$61.05
Share price
1.03%
Change (1 day)
79.24%
Change (1 year)

P/E ratio for Delta Air Lines (DAL)

P/E ratio as of November 2024 (TTM): 11.5

According to Delta Air Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4756. 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
-11.3-198.66%๐Ÿ‡บ๐Ÿ‡ธ USA
40.5 252.72%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-12.70%๐Ÿ‡บ๐Ÿ‡ธ USA
38.3 233.66%๐Ÿ‡บ๐Ÿ‡ธ USA
5.59-51.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.5510-104.80%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.22-119.31%๐Ÿ‡จ๐Ÿ‡ณ China
7.91-31.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-240-2,193.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.42-138.54%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.