da
Delta Air Lines
DAL
NYSE $71.04
Is Delta Air Lines financially strong?
Delta ended 2025 with adjusted net debt of about $14.3 billion, improved gross leverage around 2.4x, record free cash flow, and investment‑grade ratings across agencies. Liquidity remained strong, and debt reduction continued.
These are excellent metrics for an airline, though the balance sheet remains exposed to large fleet capex and potential downturns.
Read the full report on Delta Air Lines and explore the other sections
Overview of Delta Air Lines
Does Delta Air Lines have a strong competitive moat?
Does Delta Air Lines have pricing power in its industry?
How predictable is Delta Air Lines's business?
Is Delta Air Lines financially strong?
How effective is Delta Air Lines's capital allocation strategy?
Does Delta Air Lines have high-quality management?
What is the fair value of Delta Air Lines stock?