Delta Air Lines

DAL

Market cap $45.3B

Delta Air Lines, Inc. reported solid Q4 results, guiding for 20% EPS growth in 2026, but remains challenged to break past a $7 EPS ceiling. DAL is in a strong financial position with robust free cash flow and a strengthened balance sheet with $35B in unencumbered assets. Despite record revenues and double-digit ROIC, persistent cost pressures and labor expenses hinder the airline from pushing EPS above the constant $7 target.

DAL tops Q4 estimates despite high labor costs and unveils major 787-10 fleet upgrade to boost global expansion.

Delta Air Lines, Inc. (DAL) Q4 2025 Earnings Call Transcript

The Investment Committee give you their top stocks to watch for the second half.

Delta Air Lines Inc (NYSE:DAL) stock fell almost 3% as the airline reported mixed earnings for the fourth quarter, driven in part by a government shutdown, which impacted travel by 2 points. For the December quarter, earnings per share (EPS) came in at $1.55, slightly above the Wall Street consensus of $1.53.

Delta Air Lines expects high-earning fliers who shell out for premium amenities to boost its profit this year.

While inflation is still present in the U.S. market, we've moderated notably from where it looked like we were headed.

Delta Air Lines Inc (NYSE:DAL) shares are down 2% to trade at $69.55, at last check.

Delta Air Lines (DAL) isn't living up to its "Keep Climbing" motto—in the eyes of investors, at least.

While the top- and bottom-line numbers for Delta (DAL) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.