DAL
StockDelta Air Lines, Inc.
One email when a drop — in price or in valuation — is historically rare for DAL. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Delta Air Lines, Inc. is 12% off its high — deeper than its 8.3% average pullback, but it has been through 75 drawdowns before. Not historically significant yet — we'll say so if that changes.
But down is not the same as cheap: Delta Air Lines, Inc.'s P/S Severity Score is 0.2 — its valuation sits in or above its typical range.
Moderately Elevated
Current Drawdown
-12.0%
Days in Drawdown
40
Avg Max Drawdown
8.3%
Avg Length
91
Drawdown Severity Score™
2.0
DAL - Price & High Water Mark
DAL - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of August 22, 2026 · updated daily
Where today's valuation sits within DAL's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Delta Air Lines, Inc. has been cheaper on this measure only about 66% of the time in 19 years of daily history.
Price to Sales history
EV to EBITDA
Delta Air Lines, Inc. has been cheaper on this measure only about 78% of the time in 19 years of daily history.
EV to EBITDA history · log scale
Delta Air Lines, Inc. (DAL) Analysis: Current Drawdown Insights
Delta Air Lines, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $82.41, which represents a 12.0% decline from its all-time high of $93.66. This drawdown has persisted for 40 days.
Based on its full tracked price history, Delta Air Lines, Inc. typically experiences drawdowns averaging 8.3% in depth, with an average duration of 91 days. Delta Air Lines, Inc. has gone through 75 total drawdown events in its tracked history. The largest drawdown on record for Delta Air Lines, Inc. was 81.7%, beginning in 2007. The longest drawdown duration on record was 2199 days.
The Drawdown Severity Score™ for Delta Air Lines, Inc. currently stands at 2.02. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Delta Air Lines, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 75 tracked pullbacks (55 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-07-12 | Ongoing | 40 days | -12.0% | $93.66 | $82.41 | n/a |
| 2026-06-16 | 2026-06-18 | 3 days | -2.2% | $84.07 | $82.25 | $84.18 |
| 2026-05-29 | 2026-06-12 | 15 days | -7.3% | $82.49 | $76.47 | $83.06 |
| 2026-02-09 | 2026-05-21 | 101 days | -23.1% | $75.35 | $57.94 | $75.65 |
| 2026-01-12 | 2026-02-06 | 26 days | -8.9% | $72.30 | $65.83 | $75.35 |
| 2026-01-07 | 2026-01-09 | 2 days | -1.3% | $72.22 | $71.29 | $72.30 |
| 2025-12-23 | 2026-01-06 | 15 days | -4.2% | $72.06 | $69.06 | $72.22 |
| 2025-12-16 | 2025-12-22 | 7 days | -2.2% | $71.27 | $69.72 | $72.06 |
| 2025-12-12 | 2025-12-15 | 4 days | -1.1% | $70.56 | $69.81 | $71.27 |
| 2025-02-06 | 2025-12-10 | 308 days | -47.9% | $68.24 | $35.54 | $69.93 |
| 2025-01-31 | 2025-02-04 | 5 days | -3.0% | $67.76 | $65.69 | $68.24 |
| 2025-01-22 | 2025-01-29 | 8 days | -1.7% | $67.53 | $66.38 | $67.62 |
| 2025-01-13 | 2025-01-21 | 9 days | -2.8% | $66.16 | $64.33 | $67.53 |
| 2024-12-06 | 2025-01-10 | 36 days | -10.5% | $64.99 | $58.18 | $66.16 |
| 2024-11-15 | 2024-12-05 | 21 days | -3.5% | $64.08 | $61.83 | $64.99 |
| 2024-11-07 | 2024-11-11 | 5 days | -3.0% | $61.58 | $59.71 | $62.81 |
| 2019-07-25 | 2024-11-06 | 1932 days | -69.2% | $60.57 | $18.67 | $61.58 |
| 2019-07-17 | 2019-07-24 | 8 days | -3.6% | $60.19 | $58.04 | $60.57 |
| 2018-12-03 | 2019-07-11 | 220 days | -24.9% | $57.10 | $42.90 | $57.33 |
| 2018-09-24 | 2018-11-30 | 68 days | -16.6% | $55.72 | $46.47 | $57.10 |
| 2018-01-23 | 2018-09-21 | 241 days | -17.9% | $55.18 | $45.29 | $55.72 |
| 2018-01-16 | 2018-01-19 | 4 days | -0.8% | $54.90 | $54.46 | $55.07 |
| 2018-01-03 | 2018-01-11 | 9 days | -4.5% | $52.07 | $49.71 | $53.70 |
| 2017-12-27 | 2018-01-02 | 7 days | -0.8% | $51.78 | $51.39 | $52.07 |
| 2017-12-21 | 2017-12-26 | 6 days | -0.3% | $51.59 | $51.41 | $51.78 |
| 2017-12-18 | 2017-12-20 | 3 days | -0.6% | $51.48 | $51.16 | $51.59 |
| 2017-07-13 | 2017-12-14 | 155 days | -18.0% | $50.27 | $41.23 | $50.70 |
| 2017-07-10 | 2017-07-12 | 3 days | -2.1% | $50.25 | $49.18 | $50.27 |
| 2017-06-30 | 2017-07-03 | 4 days | -0.2% | $48.81 | $48.69 | $48.98 |
| 2017-06-12 | 2017-06-28 | 17 days | -2.7% | $48.03 | $46.72 | $48.78 |
| 2017-06-06 | 2017-06-07 | 2 days | -0.3% | $46.56 | $46.42 | $47.36 |
| 2016-12-12 | 2017-06-05 | 175 days | -14.6% | $46.54 | $39.73 | $46.56 |
| 2015-12-28 | 2016-12-09 | 348 days | -35.8% | $46.20 | $29.68 | $46.54 |
| 2015-12-17 | 2015-12-24 | 8 days | -4.1% | $46.08 | $44.17 | $46.20 |
| 2015-12-08 | 2015-12-16 | 9 days | -4.8% | $45.78 | $43.57 | $46.08 |
| 2015-11-09 | 2015-12-07 | 29 days | -9.3% | $45.27 | $41.08 | $45.78 |
| 2015-10-27 | 2015-11-06 | 11 days | -2.3% | $45.25 | $44.21 | $45.27 |
| 2015-01-23 | 2015-10-22 | 272 days | -20.8% | $44.40 | $35.17 | $44.80 |
| 2014-12-31 | 2015-01-22 | 23 days | -8.5% | $43.11 | $39.45 | $44.40 |
| 2014-12-12 | 2014-12-26 | 15 days | -6.1% | $42.32 | $39.74 | $42.37 |
| 2014-12-09 | 2014-12-11 | 3 days | -2.4% | $41.45 | $40.47 | $42.32 |
| 2014-12-01 | 2014-12-05 | 5 days | -4.3% | $40.87 | $39.12 | $41.40 |
| 2014-11-19 | 2014-11-28 | 10 days | -3.8% | $39.22 | $37.73 | $40.87 |
| 2014-11-14 | 2014-11-18 | 5 days | -1.5% | $38.60 | $38.03 | $39.22 |
| 2014-11-12 | 2014-11-13 | 2 days | -1.0% | $38.39 | $38.00 | $38.60 |
| 2014-11-07 | 2014-11-10 | 4 days | -0.5% | $37.57 | $37.38 | $37.98 |
| 2014-11-05 | 2014-11-06 | 2 days | -0.9% | $36.98 | $36.66 | $37.57 |
| 2014-06-09 | 2014-11-04 | 149 days | -26.6% | $36.81 | $27.00 | $36.98 |
| 2014-06-05 | 2014-06-06 | 2 days | -1.6% | $36.76 | $36.17 | $36.81 |
| 2014-05-29 | 2014-06-02 | 5 days | -0.9% | $35.10 | $34.79 | $35.54 |
| 2014-05-14 | 2014-05-23 | 10 days | -2.4% | $33.80 | $32.97 | $34.13 |
| 2014-04-02 | 2014-04-23 | 22 days | -11.2% | $31.11 | $27.61 | $32.28 |
| 2014-01-23 | 2014-02-25 | 34 days | -10.5% | $28.52 | $25.52 | $28.93 |
| 2013-08-02 | 2013-09-10 | 40 days | -13.4% | $19.05 | $16.50 | $19.61 |
| 2007-07-20 | 2013-07-26 | 2199 days | -81.7% | $18.59 | $3.40 | $18.92 |
| 2007-05-07 | 2007-07-09 | 64 days | -13.3% | $18.13 | $15.73 | $18.43 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Delta Air Lines, Inc. (DAL) is trading at $82.41 as of Aug 21, 2026. It is 12.0% below its high of $93.66. The drawdown has lasted 40 days. Severity score: 2.0 (Moderately Elevated).
DAL Price History and Drawdown Data
Latest price
$82.41
High-water mark
$93.66
Current drawdown
-12.0%
Days in drawdown
40
This DAL page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Delta Air Lines, Inc. drawdowns.
What History Says About DAL
Delta Air Lines, Inc. has dropped 20%+ from its high 8 times in its tracked history. These events lasted an average of 691 days with an average max drop of -41.2%.
The current drawdown of -12.0% has lasted 40 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jul 2007 to Jul 2013 | -81.7% | 2199 days |
| Jul 2019 to Nov 2024 | -69.2% | 1932 days |
| Feb 2025 to Dec 2025 | -47.9% | 308 days |
| Dec 2015 to Dec 2016 | -35.8% | 348 days |
| Jun 2014 to Nov 2014 | -26.6% | 149 days |
| Dec 2018 to Jul 2019 | -24.9% | 220 days |
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