GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Delta Air Lines Inc (STU:OYC) » Definitions » Cyclically Adjusted Revenue per Share

Delta Air Lines (STU:OYC) Cyclically Adjusted Revenue per Share : €65.38 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Delta Air Lines Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Delta Air Lines's adjusted revenue per share for the three months ended in Mar. 2024 was €19.610. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €65.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Delta Air Lines's average Cyclically Adjusted Revenue Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Delta Air Lines was 8.50% per year. The lowest was -12.10% per year. And the median was -1.80% per year.

As of today (2024-05-26), Delta Air Lines's current stock price is €47.21. Delta Air Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €65.38. Delta Air Lines's Cyclically Adjusted PS Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Delta Air Lines was 1.22. The lowest was 0.23. And the median was 0.74.


Delta Air Lines Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Delta Air Lines's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delta Air Lines Cyclically Adjusted Revenue per Share Chart

Delta Air Lines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.30 43.36 50.53 58.64 62.26

Delta Air Lines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.73 59.93 64.64 62.26 65.38

Competitive Comparison of Delta Air Lines's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Delta Air Lines's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delta Air Lines's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Delta Air Lines's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Cyclically Adjusted PS Ratio falls into.



Delta Air Lines Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Delta Air Lines's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.61/131.7762*131.7762
=19.610

Current CPI (Mar. 2024) = 131.7762.

Delta Air Lines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.197 100.560 12.052
201409 10.290 100.428 13.502
201412 9.392 99.070 12.493
201503 10.502 99.621 13.892
201506 11.763 100.684 15.396
201509 12.448 100.392 16.340
201512 11.140 99.792 14.710
201603 10.651 100.470 13.970
201606 12.186 101.688 15.792
201609 12.554 101.861 16.241
201612 11.971 101.863 15.486
201703 11.641 102.862 14.913
201706 13.085 103.349 16.684
201709 12.907 104.136 16.333
201712 12.156 104.011 15.401
201803 11.450 105.290 14.330
201806 14.461 106.317 17.924
201809 14.889 106.507 18.422
201812 13.784 105.998 17.136
201903 13.895 107.251 17.072
201906 17.016 108.070 20.749
201909 17.600 108.329 21.409
201912 15.986 108.420 19.430
202003 12.207 108.902 14.771
202006 2.053 108.767 2.487
202009 4.094 109.815 4.913
202012 5.135 109.897 6.157
202103 5.481 111.754 6.463
202106 9.213 114.631 10.591
202109 12.139 115.734 13.822
202112 13.075 117.630 14.647
202203 13.325 121.301 14.476
202206 20.402 125.017 21.505
202209 22.020 125.227 23.172
202212 19.786 125.222 20.822
202303 18.649 127.348 19.298
202306 22.396 128.729 22.926
202309 22.535 129.860 22.868
202312 20.284 129.419 20.653
202403 19.610 131.776 19.610

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Delta Air Lines  (STU:OYC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Delta Air Lines's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.21/65.38
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Delta Air Lines was 1.22. The lowest was 0.23. And the median was 0.74.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Delta Air Lines Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Delta Air Lines's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Air Lines (STU:OYC) Business Description

Industry
Address
Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.

Delta Air Lines (STU:OYC) Headlines

No Headlines