Delta Air Lines — Q4 2023 Earnings Presentation

4 slides from Delta Air Lines's earnings presentation, Jan 12, 2024

Slide 1: Supplemental Financial Information: 2024 Guidance
Supplemental Financial Information January 12, 2024 Full Year 20241 Earnings Per Share $6 - $7 Free Cash Flow ($B) $3 - $4 Adjusted Debt to EBITDAR 2x - 3x ASMs YoY 3% - 5% Guidance Assumptions Delta’s full year outlook is based on an average fuel price of $2.70 with a refinery benefit of approximat
Slide 2: Profit Sharing
Supplemental Financial Information January 12, 2024 Profit Sharing Delta’s broad-based employee profit sharing program pays 10% of the company’s adjusted annual profit to all eligible employees up to $2.5 billion and 20% above that amount. Delta incurs employer taxes and other costs which add 2% to
Slide 3: Forward Looking Statements
Forward Looking Statements Statements made in this presentation that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered “forward-looking statements”
Slide 4: Non-GAAP Reconciliations
Non-GAAP Reconciliations Non-GAAP Financial Measures Delta sometimes uses information ("non-GAAP financial measures") that is derived from the Consolidated Financial Statements, but that is not presented in accordance with accounting principles generally accepted in the U.S. (“GAAP”). Under the U.S.