Stock Analysis on Net
Stock Analysis on Net

Delta Air Lines Inc. (NYSE:DAL)

This company has been moved to the archive! The financial data has not been updated since July 13, 2022.

Common-Size Income Statement
Quarterly Data

Delta Air Lines Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Passenger 79.27 73.89 76.47 78.56 74.92 66.22 67.91 63.29 46.19 88.09 89.56 90.84 90.68 88.37 89.82 90.32 89.56 87.93 82.98 84.98 85.54 84.04
Cargo 1.97 3.09 3.21 2.86 3.52 5.18 5.18 4.64 7.36 1.77 1.63 1.50 1.48 1.83 1.99 1.89 1.89 2.03 1.94 1.69 1.70 1.75
Other 18.76 23.02 20.32 18.58 21.55 28.60 26.91 32.07 46.46 10.14 8.81 7.65 7.83 9.80 8.19 7.79 8.54 10.04 15.08 13.33 12.76 14.21
Operating revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Aircraft fuel and related taxes -23.31 -22.38 -16.65 -16.95 -20.87 -24.51 -18.20 -15.87 -25.34 -18.56 -17.58 -17.83 -18.28 -18.89 -21.64 -20.90 -19.88 -18.62 -14.90 -13.73 -13.42 -13.55
Contracted services -5.72 -8.06 -7.36 -6.93 -8.00 -12.51 -9.56 -12.38 -23.43 -7.86 -5.83 -5.45 -5.24 -6.04 -4.92 -4.70 -4.59 -5.46 -5.44 -5.07 -5.03 -5.72
Landing fees and other rents -3.95 -5.39 -5.72 -5.72 -6.46 -11.88 -8.13 -12.34 -23.84 -5.44 -3.86 -3.66 -3.53 -4.00 -3.81 -3.67 -3.61 -3.90 -3.75 -3.62 -3.51 -3.99
Regional carriers expense -3.82 -5.25 -5.06 -4.95 -5.66 -9.66 -14.90 -15.94 -33.86 -10.50 -7.75 -7.17 -7.22 -8.53 -7.93 -7.40 -7.33 -8.41 -11.28 -10.45 -10.02 -12.13
Aircraft maintenance materials and outside repairs -3.78 -4.97 -4.09 -4.73 -4.03 -7.08 -5.13 -3.46 -2.93 -5.46 -3.65 -3.38 -3.46 -4.55 -3.18 -3.10 -3.63 -4.36 -4.84 -4.55 -4.40 -5.66
Passenger service -2.67 -2.94 -2.50 -2.47 -2.46 -2.84 -2.27 -2.87 -5.99 -2.99 -2.74 -2.75 -2.57 -2.59 -2.66 -2.75 -2.55 -2.64 -2.55 -2.85 -2.51 -2.40
Aircraft rent -0.92 -1.31 -1.24 -1.15 -1.46 -2.51 -2.62 -3.23 -6.54 -1.16 -0.91 -0.88 -0.85 -0.97 -0.97 -0.83 -0.82 -0.94 -0.90 -0.80 -0.80 -0.92
Cost of operating revenue -44.17% -50.30% -42.62% -42.90% -48.92% -70.99% -60.81% -66.10% -121.93% -51.97% -42.30% -41.11% -41.15% -45.56% -45.12% -43.36% -42.40% -44.33% -43.65% -41.08% -39.69% -44.38%
Gross profit 55.83% 49.70% 57.38% 57.10% 51.08% 29.01% 39.19% 33.90% -21.93% 48.03% 57.70% 58.89% 58.85% 54.44% 54.88% 56.64% 57.60% 55.67% 56.35% 58.92% 60.31% 55.62%
Salaries and related costs -21.38 -30.23 -27.80 -28.03 -32.67 -53.06 -48.85 -63.88 -142.10 -32.25 -25.79 -22.96 -21.95 -25.20 -25.49 -23.03 -22.66 -25.92 -25.69 -24.55 -24.24 -27.03
Ancillary businesses and refinery -12.43 -14.78 -13.02 -11.79 -13.18 -17.01 -15.20 -18.32 -27.32 -2.55 -2.61 -2.22 -2.52 -3.35 -2.77 -3.43 -4.20 -4.95 0.00 0.00 0.00 0.00
Depreciation and amortization -3.69 -5.41 -5.32 -5.47 -7.03 -11.86 -12.53 -17.80 -40.26 -7.89 -5.44 -5.02 -5.69 -5.87 -5.31 -4.79 -4.95 -6.05 -5.72 -5.19 -4.96 -5.90
Passenger commissions and other selling expenses -3.80 -3.34 -3.31 -3.36 -3.12 -2.65 -2.14 -3.07 -3.07 -4.17 -4.27 -4.29 -4.29 -4.08 -4.36 -4.48 -4.34 -4.28 -4.32 -4.36 -4.24 -4.42
Restructuring charges 0.00 0.05 0.17 -0.36 -0.11 1.06 -10.57 -174.56 -167.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Government grant recognition 0.00 0.00 0.00 19.90 21.11 28.58 34.00 42.95 87.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit sharing -0.39 0.00 -1.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.39 -4.12 -4.13 -2.10 -2.89 -3.34 -3.43 -1.89 -2.56 -2.84 -3.13 -1.65
Other -3.15 -4.36 -4.18 -3.90 -4.63 -7.76 -5.49 -7.77 -13.35 -5.95 -3.96 -3.79 -3.29 -4.10 -3.91 -3.81 -3.72 -4.11 -6.40 -5.36 -4.94 -5.10
Operating income (loss) 10.99% -8.38% 2.78% 24.09% 11.45% -33.69% -21.60% -208.56% -328.00% -4.77% 12.23% 16.49% 16.98% 9.74% 10.16% 13.76% 14.30% 8.47% 11.65% 16.63% 18.79% 11.51%
Interest expense, net -1.95 -2.93 -2.81 -3.43 -4.74 -8.70 -9.19 -9.50 -13.22 -0.92 -0.64 -0.56 -0.60 -0.79 -0.62 -0.61 -0.67 -0.92 -0.97 -0.90 -0.95 -1.03
Equity method results -0.09 0.00 -2.47 -0.54 0.00 -1.30 0.00 -3.72 -140.19 -3.03 -0.63 0.21 -0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Gain (loss) on investments, net -1.60 -1.57 -2.05 -2.44 2.96 6.31 2.37 -3.10 0.54 -1.30 1.19 -0.28 -0.65 0.95 1.71 0.42 -2.02 0.18 0.00 0.00 0.00 0.00
Loss on extinguishment of debt -0.30 -0.27 -0.57 -2.00 -0.36 -1.35 -0.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Pension and related benefit (expense) 0.53 0.78 2.38 0.00 1.67 2.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Miscellaneous, net -0.12 -0.47 -1.43 1.05 -0.08 -0.36 0.76 0.88 3.07 2.96 0.07 -0.37 -0.37 -0.87 1.28 0.55 0.16 -0.38 -0.05 0.60 -0.32 -0.48
Non-operating income (expense), net -3.52% -4.46% -6.95% -7.35% -0.56% -2.82% -6.27% -15.45% -149.80% -2.29% -0.01% -0.99% -1.76% -0.71% 2.36% 0.36% -2.53% -1.12% -1.02% -0.31% -1.27% -1.51%
Income (loss) before income taxes 7.47% -12.84% -4.17% 16.74% 10.89% -36.51% -27.86% -224.00% -477.79% -7.06% 12.22% 15.50% 15.21% 9.03% 12.52% 14.12% 11.77% 7.34% 10.64% 16.32% 17.52% 10.00%
Income tax (provision) benefit -2.16 2.78 -0.13 -3.50 -1.74 8.14 8.86 48.33 88.35 0.85 -2.61 -3.60 -3.70 -2.06 -3.03 -3.06 -2.97 -1.76 -5.06 -5.67 -6.18 -3.41
Net income (loss) 5.32% -10.06% -4.30% 13.24% 9.15% -28.36% -19.00% -175.67% -389.44% -6.22% 9.61% 11.90% 11.51% 6.97% 9.50% 11.06% 8.80% 5.59% 5.58% 10.65% 11.34% 6.59%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Delta Air Lines Inc. operating income (loss) as a percentage of operating revenue decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Delta Air Lines Inc. income (loss) before income taxes as a percentage of operating revenue decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Delta Air Lines Inc. net income (loss) as a percentage of operating revenue decreased from Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 exceeding Q4 2021 level.