DAL FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
DAL's fcf yield is higher than 95% of the last 10 years.
FCF Yield History
DAL FCF Yield by year
Yearly range of DAL’s fcf yield from 2016 to 2026. Over the full period it ranged from -24.0% to 25.5%, averaging 3.3%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 6.5% | 9.1% | 12.1% | 11.6% |
| 2025 | 5.8% | 7.8% | 12.1% | 8.4% |
| 2024 | 2.9% | 3.8% | 7.3% | 7.3% |
| 2023 | -0.0% | 3.3% | 6.0% | 4.6% |
| 2022 | -1.2% | 0.5% | 1.9% | 1.6% |
| 2021 | -24.0% | -13.4% | 0.1% | 0.1% |
| 2020 | -22.6% | 2.0% | 25.5% | -22.6% |
| 2019 | 4.9% | 7.0% | 10.2% | 9.3% |
| 2018 | 2.9% | 6.3% | 8.4% | 5.0% |
| 2017 | 2.1% | 5.5% | 11.4% | 2.1% |
| 2016 | 10.6% | 12.7% | 15.7% | 11.2% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is DAL FCF Yield High or Low Right Now?
Delta Air Lines, Inc.'s FCF Yield is currently 11.6%, which is near historic high relative to its 10-year historical range. The 10-year median FCF Yield for DAL is approximately 4.9%. See all DAL valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.