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Ticker
DAL
LUV
Headquarter
Atlanta ,GA
US
Dallas ,TX
US
CEO
Mr. Edward H. Bastian
Mr. Robert E. Jordan
Industry
Airlines, Airports & Air Services
Airlines, Airports & Air Services
Stock Price
Stock Price
Market Cap
$38.07B
$20.16B
Employees
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Employees
  • 83.00K
  • 95.00K
  • 103.00K
  • 66.66K
  • 74.81K
Y/Y
12.16%
14.46%
8.42%
20.97%
12.23%

Income Statement

Revenue
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Revenue
  • $29.90B
  • $50.58B
  • $58.05B
  • $23.81B
  • $26.09B
Y/Y
74.9%
69.18%
14.76%
50.82%
9.56%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Research and Development
  • $301.00M
  • $307.00M
  • -
  • -
  • -
Y/Y
0.99%
1.99%
100%
0%
0%
Operating Income
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Operating Income
  • $260.00M
  • $1.62B
  • $5.52B
  • $1.02B
  • $224.00M
Y/Y
102.09%
521.15%
241.86%
40.91%
77.97%
Tax Rate (%)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Tax Rate (%)
  • 30.00%
  • 31.00%
  • 18.00%
  • 26.00%
  • 27.00%
Y/Y
44.35%
5.03%
42.81%
1.14%
2.23%
Net Income
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Net Income
  • $280.00M
  • $1.32B
  • $4.61B
  • $539.00M
  • $465.00M
Y/Y
102.26%
370.71%
249.7%
44.83%
13.73%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Total Assets
  • $72.47B
  • $72.28B
  • $73.64B
  • $35.37B
  • $36.49B
Y/Y
0.58%
0.27%
1.89%
2.62%
3.16%
Total Liabilities
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Total Liabilities
  • $68.84B
  • $65.82B
  • $62.54B
  • $24.68B
  • $25.97B
Y/Y
2.63%
4.38%
4.98%
4.72%
5.23%
Capital Expenditures (Capex)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Capital Expenditures (Capex)
  • -$3.25B
  • -$6.37B
  • -$5.32B
  • -$3.95B
  • -$3.55B
Y/Y
70.98%
96.06%
16.38%
672.21%
9.96%

Profitability

Operating Income Margin (%)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Operating Income Margin (%)
  • 0.87%
  • 3.19%
  • 9.51%
  • 4.27%
  • 0.86%
Y/Y
101.19%
266.67%
198.12%
60.83%
79.86%
Net Income Margin (%)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Net Income Margin (%)
  • 0.94%
  • 2.61%
  • 7.94%
  • 2.26%
  • 1.78%
Y/Y
101.3%
177.66%
204.21%
63.49%
21.24%
EBITDA
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
EBITDA
  • $3.68B
  • $5.05B
  • $8.78B
  • $2.38B
  • $2.39B
Y/Y
129.77%
37.41%
73.92%
21.4%
0.46%
Free Cash Flow (FCF)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Free Cash Flow (FCF)
  • $16.00M
  • -$2.00M
  • $1.14B
  • -$156.00M
  • -$389.00M
Y/Y
100.28%
112.5%
57150%
108.61%
149.36%

Ratios

Return on Equity (ROE)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Return on Equity (ROE)
  • 7.71%
  • 20.42%
  • 41.50%
  • 5.04%
  • 4.42%
Y/Y
100.84%
164.85%
103.23%
46.27%
12.3%
Return on Assets (ROA)
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Return on Assets (ROA)
  • 0.39%
  • 1.82%
  • 6.26%
  • 1.52%
  • 1.27%
Y/Y
102.27%
366.67%
243.96%
43.49%
16.45%
Debt to Equity
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Debt to Equity
  • 740.78%
  • 346.95%
  • 177.64%
  • 88.25%
  • 75.44%
Y/Y
65.37%
53.16%
48.8%
13.21%
14.52%

Valuation

Enterprise Value
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Enterprise value
  • $51.54B
  • $48.31B
  • $50.25B
  • $19.91B
  • $17.12B
Y/Y
2.42%
6.26%
4.01%
20.89%
13.97%
Enterprise value to Revenue
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Enterprise value to Revenue
  • 1.72
  • 0.96
  • 0.87
  • 0.84
  • 0.66
Y/Y
44.21%
44.59%
9.37%
47.55%
21.49%
Enterprise value to EBITDA
Years
  • 2021
  • 2022
  • 2023
  • 2022
  • 2023
Enterprise value to EBITDA
  • 14.02
  • 9.57
  • 5.72
  • 8.36
  • 7.16
Y/Y
427.82%
31.79%
40.2%
0.65%
14.37%