Delta Air Lines Inc Financial Flexibility Index
Delta Air Lines Inc financial flexibility index. Delta Air Lines Inc (DAL) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of $2.79 Billion (operating CF $1.59 Billion minus capex $1.20 Billion) represents 0% of total liabilities ($64.51 Billion). See cash generation quality of Delta Air Lines Inc to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Delta Air Lines Inc (1989–2025)
Financial flexibility index of Delta Air Lines Inc from 1989 to 2025. Historical Financial Flexibility Index trend for Delta Air Lines Inc across 37 annual periods. Check Delta Air Lines Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Delta Air Lines Inc Financial Flexibility Index by Year (1989–2025)
Delta Air Lines Inc financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Delta Air Lines Inc. For the full cash flow conversion analysis, see DAL cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $12.84 Billion | $8.34 Billion | $60.43 Billion | ▼ -3.0% |
| 2024 | 0.22x | $13.16 Billion | $8.03 Billion | $60.08 Billion | ▲ +16.3% |
| 2023 | 0.19x | $11.79 Billion | $6.46 Billion | $62.54 Billion | ▼ -2.7% |
| 2022 | 0.19x | $12.73 Billion | $6.36 Billion | $65.71 Billion | ▲ +104.1% |
| 2021 | 0.09x | $6.51 Billion | $3.26 Billion | $68.57 Billion | ▲ +453.2% |
| 2020 | -0.03x | $-1.89 Billion | $-3.79 Billion | $70.46 Billion | ▼ -109.9% |
| 2019 | 0.27x | $13.37 Billion | $8.44 Billion | $49.17 Billion | ▲ +4.0% |
| 2018 | 0.26x | $12.18 Billion | $7.01 Billion | $46.58 Billion | ▲ +19.0% |
| 2017 | 0.22x | $9.04 Billion | $5.15 Billion | $41.14 Billion | ▼ -19.2% |
| 2016 | 0.27x | $10.60 Billion | $7.21 Billion | $38.97 Billion | ▲ +5.7% |
| 2015 | 0.26x | $10.87 Billion | $7.93 Billion | $42.28 Billion | ▲ +61.5% |
| 2014 | 0.16x | $7.20 Billion | $4.95 Billion | $45.19 Billion | ▼ -8.6% |
| 2013 | 0.17x | $7.07 Billion | $4.50 Billion | $40.61 Billion | ▲ +82.9% |
| 2012 | 0.10x | $4.44 Billion | $2.48 Billion | $46.68 Billion | ▲ +4.5% |
| 2011 | 0.09x | $4.09 Billion | $2.83 Billion | $44.90 Billion | ▼ -7.7% |
| 2010 | 0.10x | $4.17 Billion | $2.83 Billion | $42.29 Billion | ▲ +66.5% |
| 2009 | 0.06x | $2.58 Billion | $1.38 Billion | $43.54 Billion | ▲ +1516.5% |
| 2008 | 0.00x | $-185.00 Million | $-1.71 Billion | $44.21 Billion | ▼ -103.9% |
| 2007 | 0.11x | $2.42 Billion | $1.37 Billion | $22.31 Billion | ▲ +156.5% |
| 2006 | 0.04x | $1.41 Billion | $993.00 Million | $33.22 Billion | ▲ +28.1% |
| 2005 | 0.03x | $989.00 Million | $175.00 Million | $29.93 Billion | ▲ +351.2% |
| 2004 | -0.01x | $-363.00 Million | $-1.12 Billion | $27.60 Billion | ▼ -129.2% |
| 2003 | 0.05x | $1.20 Billion | $453.00 Million | $26.60 Billion | ▼ -31.7% |
| 2002 | 0.07x | $1.57 Billion | $285.00 Million | $23.83 Billion | ▼ -56.8% |
| 2001 | 0.15x | $3.03 Billion | $236.00 Million | $19.84 Billion | ▼ -64.6% |
| 2000 | 0.43x | $6.96 Billion | $2.90 Billion | $16.13 Billion | ▼ -9.2% |
| 1999 | 0.48x | $5.75 Billion | $2.93 Billion | $12.10 Billion | ▲ +12.3% |
| 1998 | 0.42x | $5.21 Billion | $2.92 Billion | $12.30 Billion | ▲ +12.3% |
| 1997 | 0.38x | $3.99 Billion | $2.04 Billion | $10.58 Billion | ▲ +55.1% |
| 1996 | 0.24x | $2.33 Billion | $1.39 Billion | $9.58 Billion | ▲ +33.3% |
| 1995 | 0.18x | $1.74 Billion | $1.11 Billion | $9.55 Billion | ▼ -26.5% |
| 1994 | 0.25x | $2.53 Billion | $1.32 Billion | $10.20 Billion | ▲ +2.3% |
| 1993 | 0.24x | $2.53 Billion | $1.32 Billion | $10.43 Billion | ▲ +19.8% |
| 1992 | 0.20x | $2.09 Billion | $676.90 Million | $10.33 Billion | ▼ -24.0% |
| 1991 | 0.27x | $2.63 Billion | $149.50 Million | $9.88 Billion | ▼ -11.6% |
| 1990 | 0.30x | $2.47 Billion | $323.80 Million | $8.20 Billion | ▼ -28.7% |
| 1989 | 0.42x | $2.49 Billion | $803.80 Million | $5.90 Billion | — |