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DAL vs. UAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DAL and UAL is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

DAL vs. UAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delta Air Lines, Inc. (DAL) and United Airlines Holdings, Inc. (UAL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DAL:

-0.04

UAL:

0.76

Sortino Ratio

DAL:

0.28

UAL:

1.44

Omega Ratio

DAL:

1.03

UAL:

1.18

Calmar Ratio

DAL:

-0.06

UAL:

0.68

Martin Ratio

DAL:

-0.15

UAL:

2.19

Ulcer Index

DAL:

19.20%

UAL:

18.92%

Daily Std Dev

DAL:

48.43%

UAL:

55.90%

Max Drawdown

DAL:

-81.73%

UAL:

-93.50%

Current Drawdown

DAL:

-25.87%

UAL:

-29.49%

Fundamentals

Market Cap

DAL:

$33.25B

UAL:

$25.45B

EPS

DAL:

$5.64

UAL:

$10.99

PE Ratio

DAL:

9.03

UAL:

7.09

PEG Ratio

DAL:

39.29

UAL:

5.63

PS Ratio

DAL:

0.54

UAL:

0.44

PB Ratio

DAL:

2.15

UAL:

2.02

Total Revenue (TTM)

DAL:

$61.93B

UAL:

$57.74B

Gross Profit (TTM)

DAL:

$15.46B

UAL:

$22.03B

EBITDA (TTM)

DAL:

$7.47B

UAL:

$7.65B

Returns By Period

In the year-to-date period, DAL achieves a -15.38% return, which is significantly higher than UAL's -19.74% return. Over the past 10 years, DAL has underperformed UAL with an annualized return of 2.79%, while UAL has yielded a comparatively higher 3.72% annualized return.


DAL

YTD

-15.38%

1M

25.02%

6M

-20.10%

1Y

-2.23%

5Y*

19.12%

10Y*

2.79%

UAL

YTD

-19.74%

1M

17.54%

6M

-14.52%

1Y

41.77%

5Y*

27.02%

10Y*

3.72%

*Annualized

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Risk-Adjusted Performance

DAL vs. UAL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAL
The Risk-Adjusted Performance Rank of DAL is 4646
Overall Rank
The Sharpe Ratio Rank of DAL is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of DAL is 4444
Sortino Ratio Rank
The Omega Ratio Rank of DAL is 4343
Omega Ratio Rank
The Calmar Ratio Rank of DAL is 4747
Calmar Ratio Rank
The Martin Ratio Rank of DAL is 4747
Martin Ratio Rank

UAL
The Risk-Adjusted Performance Rank of UAL is 7676
Overall Rank
The Sharpe Ratio Rank of UAL is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of UAL is 7676
Sortino Ratio Rank
The Omega Ratio Rank of UAL is 7474
Omega Ratio Rank
The Calmar Ratio Rank of UAL is 7777
Calmar Ratio Rank
The Martin Ratio Rank of UAL is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DAL vs. UAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Delta Air Lines, Inc. (DAL) and United Airlines Holdings, Inc. (UAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current DAL Sharpe Ratio is -0.04, which is lower than the UAL Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of DAL and UAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

DAL vs. UAL - Dividend Comparison

DAL's dividend yield for the trailing twelve months is around 1.18%, while UAL has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
DAL
Delta Air Lines, Inc.
1.18%0.83%0.50%0.00%0.00%1.00%2.57%2.63%1.81%1.37%0.89%0.61%
UAL
United Airlines Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DAL vs. UAL - Drawdown Comparison

The maximum DAL drawdown since its inception was -81.73%, smaller than the maximum UAL drawdown of -93.50%. Use the drawdown chart below to compare losses from any high point for DAL and UAL. For additional features, visit the drawdowns tool.


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Volatility

DAL vs. UAL - Volatility Comparison

Delta Air Lines, Inc. (DAL) and United Airlines Holdings, Inc. (UAL) have volatilities of 13.51% and 12.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

DAL vs. UAL - Financials Comparison

This section allows you to compare key financial metrics between Delta Air Lines, Inc. and United Airlines Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20212022202320242025
14.04B
13.21B
(DAL) Total Revenue
(UAL) Total Revenue
Values in USD except per share items

DAL vs. UAL - Profitability Comparison

The chart below illustrates the profitability comparison between Delta Air Lines, Inc. and United Airlines Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-60.0%-40.0%-20.0%0.0%20.0%40.0%60.0%20212022202320242025
21.5%
62.6%
(DAL) Gross Margin
(UAL) Gross Margin
DAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Delta Air Lines, Inc. reported a gross profit of 3.01B and revenue of 14.04B. Therefore, the gross margin over that period was 21.5%.

UAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported a gross profit of 8.28B and revenue of 13.21B. Therefore, the gross margin over that period was 62.6%.

DAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Delta Air Lines, Inc. reported an operating income of 569.00M and revenue of 14.04B, resulting in an operating margin of 4.1%.

UAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported an operating income of 607.00M and revenue of 13.21B, resulting in an operating margin of 4.6%.

DAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Delta Air Lines, Inc. reported a net income of 240.00M and revenue of 14.04B, resulting in a net margin of 1.7%.

UAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported a net income of 387.00M and revenue of 13.21B, resulting in a net margin of 2.9%.