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Delta Air Lines free cash flow, 2012–2025
Delta Air Lines's free cash flow was $3.84 billion in the fiscal year ended Dec. 31, 2025, up 33.2% from $2.88 billion the year before: operating cash flow minus capital expenditures as reported in its Form 10-K (our arithmetic).
Fiscal years labeled by the year in which they ended. Bars drawn from the table below.
Delta Air Lines free cash flow by fiscal year
| Fiscal year ended | Free cash flow | Change | Filing |
|---|---|---|---|
| Dec. 31, 2025 | $3.84B | +33.2% | 10-K (2026) ↗ |
| Dec. 31, 2024 | $2.88B | +152.8% | 10-K (2026) ↗ |
| Dec. 31, 2023 | $1.14B | — | 10-K (2026) ↗ |
| Dec. 31, 2022 | −$3.00M | −117.6% | 10-K (2025) ↗ |
| Dec. 31, 2021 | $17.0M | — | 10-K (2024) ↗ |
| Dec. 31, 2020 | −$5.69B | −263.1% | 10-K (2023) ↗ |
| Dec. 31, 2019 | $3.49B | +89.0% | 10-K (2022) ↗ |
| Dec. 31, 2018 | $1.85B | +63.1% | 10-K (2021) ↗ |
| Dec. 31, 2017 | $1.13B | −70.4% | 10-K (2020) ↗ |
| Dec. 31, 2016 | $3.82B | −23.2% | 10-K (2019) ↗ |
| Dec. 31, 2015 | $4.98B | +84.7% | 10-K (2018) ↗ |
| Dec. 31, 2014 | $2.70B | +39.4% | 10-K (2017) ↗ |
| Dec. 31, 2013 | $1.94B | +281.1% | 10-K (2016) ↗ |
| Dec. 31, 2012 | $508.0M | — | 10-K (2015) ↗ |
Other Delta Air Lines financials
RevenueNet incomeDiluted EPSOperating incomeOperating cash flowCapital expendituresDividends per shareDiluted sharesTotal assetsCash and equivalentsStockholders' equity Quarterly results and next earnings date Delta Air Lines company hub
FAQ
Q What was Delta Air Lines's free cash flow in its latest fiscal year?
A Delta Air Lines's free cash flow was $3.84 billion in the fiscal year ended Dec. 31, 2025, up 33.2% from $2.88 billion the year before: operating cash flow minus capital expenditures as reported in its Form 10-K (our arithmetic).
Q What is Delta Air Lines's highest annual free cash flow on record here?
A $4.98 billion, in the fiscal year ended Dec. 31, 2015, among the fiscal years 2012–2025 reported in its 10-K XBRL data.
Q Where does this free cash flow data come from?
A From Delta Air Lines's annual reports on Form 10-K, as tagged in XBRL and published by the SEC (company facts). Our arithmetic: operating cash flow minus capital expenditures, both as reported. Companies that publish their own free cash flow figure may define it differently.
Source: Delta Air Lines's annual reports on Form 10-K via SEC XBRL company facts, updated Oct. 15, 2026. Our arithmetic: operating cash flow minus capital expenditures, both as reported. Companies that publish their own free cash flow figure may define it differently. For each year the most recent 10-K that reports it is used, so a figure a company later restated shows the restated value; the filing link shows which report it came from. Change is our arithmetic. Financial data, not investment advice.