DAL vs UAL
Delta AIR Lines, Inc. and United Airlines Holdings, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | DAL | UAL |
|---|---|---|
| Revenue | $63.4B | $59.1B |
| Net income | $5.0B | $3.4B |
| Gross margin | — | — |
| Net margin | 7.9% | 5.7% |
| Return on equity | 27.7% | 24.0% |
| Diluted EPS | $7.66 | $10.20 |
| Dividend / share | $0.68 | — |
| Payout ratio | 8.8% | — |
| Free cash flow | $3.8B | $2.6B |
| Equity | $20.9B | $15.3B |
| Net debt / equity | 0.43× | 1.00× |
| Current ratio | 0.40× | 0.65× |
| Revenue CAGR 5y | 30.0% | 30.9% |
| Profit CAGR 5y | — | — |
DAL and UAL book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (7.9% against 5.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Advertisement
AdSense · Leaderboard 728×90 · responsive
Revenue by year
10 years side by side
| Fiscal year | DAL | UAL |
|---|---|---|
| FY2025 | $63.4B | $59.1B |
| FY2024 | $61.6B | $57.1B |
| FY2023 | $58.0B | $53.7B |
| FY2022 | $50.6B | $45.0B |
| FY2021 | $29.9B | $24.6B |
| FY2020 | $17.1B | $15.4B |
| FY2019 | $47.0B | $43.3B |
| FY2018 | $44.4B | $41.3B |
| FY2017 | $41.1B | $37.8B |
| FY2016 | $39.5B | $36.6B |
Net income by year
Bottom line
| Fiscal year | DAL | UAL |
|---|---|---|
| FY2025 | $5.0B | $3.4B |
| FY2024 | $3.5B | $3.1B |
| FY2023 | $4.6B | $2.6B |
| FY2022 | $1.3B | $737.0M |
| FY2021 | $280.0M | $-2.0B |
| FY2020 | $-12.4B | $-7.1B |
| FY2019 | $4.8B | $3.0B |
| FY2018 | $3.9B | $2.1B |
| FY2017 | $3.2B | $2.1B |
| FY2016 | $4.2B | $2.2B |
Advertisement
AdSense · Rectangle 336×280