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DAL - Delta Air Lines, Inc...

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Delta Air Lines, Inc.

DAL

NYSE

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, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

45.92 USD

-0.97 (-2.11%)

Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

17.09B

29.9B

50.58B

58.05B

61.64B

87.08B

123B

173.75B

245.43B

346.69B

Revenue %

-

74.9

69.18

14.76

6.19

41.26

41.26

41.26

41.26

Operating Cash Flow

-3.79B

3.26B

6.36B

6.46B

8.03B

4.43B

6.26B

8.85B

12.5B

17.65B

Operating Cash Flow %

-22.19

10.91

12.58

11.14

13.02

5.09

5.09

5.09

5.09

Cap Ex

-1.9B

-3.25B

-6.37B

-5.32B

-5.14B

-9.07B

-12.81B

-18.09B

-25.56B

-36.1B

Cap Ex %

-11.11

-10.86

-12.59

-9.17

-8.34

-10.41

-10.41

-10.41

-10.41

Free Cash Flow

-5.69B

16M

-2M

1.14B

2.88B

-4.63B

-6.54B

-9.24B

-13.06B

-18.44B

Weighted Average Cost Of Capital

Price

45.92

Beta

Diluted Shares Outstanding

648M

Costof Debt

4.07

Tax Rate

After Tax Cost Of Debt

3.02

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

22.77B

Total Equity

29.76B

Total Capital

52.53B

Debt Weighting

43.35

Equity Weighting

56.65

Wacc

7.22

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

17.09B

29.9B

50.58B

58.05B

61.64B

87.08B

123B

173.75B

245.43B

346.69B

Operating Cash Flow

-3.79B

3.26B

6.36B

6.46B

8.03B

4.43B

6.26B

8.85B

12.5B

17.65B

Cap Ex

-1.9B

-3.25B

-6.37B

-5.32B

-5.14B

-9.07B

-12.81B

-18.09B

-25.56B

-36.1B

Free Cash Flow

-5.69B

16M

-2M

1.14B

2.88B

-4.63B

-6.54B

-9.24B

-13.06B

-18.44B

Wacc

7.22

7.22

7.22

7.22

7.22

Pv Lfcf

-4.32B

-5.69B

-7.5B

-9.88B

-13.02B

Sum Pv Lfcf

-40.41B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

7.22

Free Cash Flow T1

-18.81B

Terminal Value

-360.4B

Present Terminal Value

-254.33B

Intrinsic Value

Enterprise Value

-294.74B

Net Debt

19.7B

Equity Value

-314.44B

Diluted Shares Outstanding

648M

Equity Value Per Share

-485.25

Projected DCF

-485.25 1.095%

DCF Levered

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