Delta Air Lines Inc (DAL) — Cash Flow Reinvestment Rate
Delta Air Lines Inc (DAL) has a Cash Flow Reinvestment Rate of 0.78x as of June 2026, reinvesting $1.25 Billion (capex $1.20 Billion plus investments $-51.00 Million) from operating cash flow of $1.59 Billion. See Delta Air Lines Inc (DAL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Delta Air Lines Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Delta Air Lines Inc across 34 annual periods. For the full cash flow conversion analysis, see DAL operating cash flow.
Annual Cash Flow Reinvestment Rate for Delta Air Lines Inc (1989–2025)
Year-by-year capital reinvestment analysis for Delta Air Lines Inc. See how financially flexible is Delta Air Lines Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.54x | $4.50 Billion | $8.34 Billion | $4.50 Billion | ▼ -51.3% |
| 2024 | 1.11x | $8.88 Billion | $8.03 Billion | $5.14 Billion | ▼ -43.6% |
| 2023 | 1.96x | $12.67 Billion | $6.46 Billion | $5.32 Billion | ▼ -6.1% |
| 2022 | 2.09x | $13.29 Billion | $6.36 Billion | $6.37 Billion | ▲ +64.4% |
| 2021 | 1.27x | $4.14 Billion | $3.26 Billion | $3.25 Billion | ▲ +108.4% |
| 2019 | 0.61x | $5.14 Billion | $8.44 Billion | $4.94 Billion | ▼ -26.2% |
| 2018 | 0.83x | $5.79 Billion | $7.01 Billion | $5.17 Billion | ▼ -22.4% |
| 2017 | 1.06x | $5.48 Billion | $5.15 Billion | $3.89 Billion | ▲ +75.4% |
| 2016 | 0.61x | $4.37 Billion | $7.21 Billion | $3.39 Billion | ▲ +29.8% |
| 2015 | 0.47x | $3.70 Billion | $7.93 Billion | $2.94 Billion | ▼ -7.9% |
| 2014 | 0.51x | $2.51 Billion | $4.95 Billion | $2.25 Billion | ▼ -17.5% |
| 2013 | 0.62x | $2.77 Billion | $4.50 Billion | $2.57 Billion | ▼ -25.0% |
| 2012 | 0.82x | $2.03 Billion | $2.48 Billion | $1.97 Billion | ▲ +56.1% |
| 2011 | 0.53x | $1.49 Billion | $2.83 Billion | $1.25 Billion | ▼ -28.2% |
| 2010 | 0.73x | $2.07 Billion | $2.83 Billion | $1.34 Billion | ▼ -16.1% |
| 2009 | 0.87x | $1.20 Billion | $1.38 Billion | $1.20 Billion | ▲ +13.7% |
| 2007 | 0.77x | $1.05 Billion | $1.37 Billion | $1.05 Billion | ▲ +84.3% |
| 2006 | 0.42x | $413.00 Million | $993.00 Million | $413.00 Million | ▼ -91.1% |
| 2005 | 4.65x | $814.00 Million | $175.00 Million | $814.00 Million | ▲ +183.2% |
| 2003 | 1.64x | $744.00 Million | $453.00 Million | $744.00 Million | ▼ -63.6% |
| 2002 | 4.51x | $1.29 Billion | $285.00 Million | $1.29 Billion | ▼ -61.9% |
| 2001 | 11.83x | $2.79 Billion | $236.00 Million | $2.79 Billion | ▲ +744.8% |
| 2000 | 1.40x | $4.06 Billion | $2.90 Billion | $4.06 Billion | ▲ +45.6% |
| 1999 | 0.96x | $2.82 Billion | $2.93 Billion | $2.82 Billion | ▲ +22.5% |
| 1998 | 0.79x | $2.29 Billion | $2.92 Billion | $2.29 Billion | ▼ -17.8% |
| 1997 | 0.96x | $1.95 Billion | $2.04 Billion | $1.95 Billion | ▲ +42.0% |
| 1996 | 0.67x | $936.00 Million | $1.39 Billion | $936.00 Million | ▲ +19.7% |
| 1995 | 0.56x | $626.00 Million | $1.11 Billion | $626.00 Million | ▼ -38.3% |
| 1994 | 0.91x | $1.21 Billion | $1.32 Billion | $1.21 Billion | ▲ +0.0% |
| 1993 | 0.91x | $1.21 Billion | $1.32 Billion | $1.21 Billion | ▼ -56.4% |
| 1992 | 2.09x | $1.41 Billion | $676.90 Million | $1.41 Billion | ▼ -87.4% |
| 1991 | 16.60x | $2.48 Billion | $149.50 Million | $2.48 Billion | ▲ +150.6% |
| 1990 | 6.62x | $2.14 Billion | $323.80 Million | $2.14 Billion | ▲ +215.1% |
| 1989 | 2.10x | $1.69 Billion | $803.80 Million | $1.69 Billion | — |