Is it safe?
Can DAL take a bad year?
Delta Air Lines carries $8.24B of net debt at 1.02× EBITDA: a load its earnings can carry.
$8.24B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.02×
Net debt / EBITDA · 1.34× a year ago · the load is coming down
- Altman Z-score
- 1.59
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 0.59×
Debt / equity
Details›
- Total debtQ2 2026
- $12.9B
- Cash and short-term investments
- $4.67B
- Net debt
- $8.24B
- EBITDA, trailing twelve months
- $8.04B
- Operating profit, trailing twelve months
- $5.52B
- Debt / equity
- 0.59×
- Total debt / EBITDA
- 1.60×
- Annualised volatilitytwo years of daily moves
- 45%
- Worst drawdown on file
- −69%
- Below its 52-week high
- −11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.