Delta Air Lines Inc

NYSE DAL

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Delta Air Lines Inc Price to Earnings Ratio (P/E) on June 03, 2024: 11.17

Delta Air Lines Inc Price to Earnings Ratio (P/E) is 11.17 on June 03, 2024, a -10.32% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

Delta Air Lines Inc 52-week high Price to Earnings Ratio (P/E) is 15.75 on June 28, 2023, which is 41.05% above the current Price to Earnings Ratio (P/E).
Delta Air Lines Inc 52-week low Price to Earnings Ratio (P/E) is 5.76 on October 27, 2023, which is -48.42% below the current Price to Earnings Ratio (P/E).
Delta Air Lines Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 9.50.

NYSE: DAL

Delta Air Lines Inc

CEO	Mr. Edward H. Bastian
IPO Date	May 3, 2007
Location	United States
Headquarters	PO Box 20706, Atlanta, GA, United States, 30320-6001
Employees	103,000
Sector	Industrials
Industry	Airlines

Description

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; acts as a reservations specialists; and operates online travel and traditional brick and mortar agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,273 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

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