DAL
Delta Air Lines, Inc.Industrials · $55.8B market cap
Verdict
Share price
$84.09
close of Oct 3, 2026
Fair value
$79.31
Sticker Price
Payback Price
$31.72
buy price
DAL is Fairly Valued: at $84.09 it's within 6% of its fair value of $79.31. Its buy price (Payback Price) is $31.72, 62% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.
How we valued it
Free Cash Flow. Sales grew 8% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.
Business quality
0 of 5 clear the 10% bar. What are the Big Five?
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5 of the investors we track hold DAL. In Q2 2026, 2 added and 1 trimmed. Who we track
Warren Buffett
Berkshire Hathaway Inc · as of Q2 2026
$5.4B
57,320,000 shares
Bill Nygren
Oakmark Funds · as of Q2 2026
$1.6B
17,329,926 shares
Richard Pzena
Pzena Investment Management · as of Q2 2026
$245.3M
2,618,707 shares
Samantha McLemore
Patient Capital Management · as of Q2 2026
$40.4M
431,215 shares
First Eagle Investment Management
First Eagle Investment Management · as of Q2 2026
$1.4M
15,212 shares
Insider activity
Since Jun 18, 2026: no open-market purchases, 6 sales worth $33.1M and 17 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Sear Steven M
EVP - Global Sales & Distrib · 2026-08-05
Sold
$3.8M
HUERTA MICHAEL P
director · 2026-08-05
Sold
$292K
Bastian Edward H
Chief Executive Officer · 2026-08-04
Sold
$19.2M
BELLEMARE ALAIN
EVP & Pres. - International · 2026-08-04
Sold
$3.2M
Carter Peter W
President · 2026-08-04
Sold
$3.7M
Show all 6 salesShow fewer
DEWALT DAVID G
director · 2026-08-03
Sold
$2.9M
Other filings
Sear Steven M
EVP - Global Sales & Distrib · 2026-08-05
Option exercise
$2.1M
Bastian Edward H
Chief Executive Officer · 2026-08-04
Option exercise
$10.2M
Carter Peter W
President · 2026-08-04
Option exercise
$2.0M
BELLEMARE ALAIN
EVP & Pres. - International · 2026-08-04
Option exercise
$1.4M
Rial Sergio
director · 2026-06-18
Tax withholding
$107K
Show all 17 other filingsShow fewer
Rial Sergio
director · 2026-06-18
Award
$476.0M
DEWALT DAVID G
director · 2026-06-18
Award
$476.0M
Black Maria
director · 2026-06-18
Award
$476.0M
Creed Greg
director · 2026-06-18
Award
$476.0M
PRABHU VASANT M
director · 2026-06-18
Award
$476.0M
HUERTA MICHAEL P
director · 2026-06-18
Award
$476.0M
McKenna Judith J
director · 2026-06-18
Award
$476.0M
Chiang Willie CW
director · 2026-06-18
Award
$476.0M
Waller Kathy N
director · 2026-06-18
Award
$476.0M
Taylor David S
director · 2026-06-18
Award
$1.2B
Beck Christophe
director · 2026-06-18
Award
$476.0M
Hale Leslie D.
director · 2026-06-18
Award
$476.0M
About Delta Air Lines, Inc.
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, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international…
Airlines, Airports & Air Services
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works