# Delta Air Lines (DAL.US)

Canonical: https://gigainvestors.com/s/DAL

Analysis as of: 2026-10-16T07:27:54.463Z. Financial observations: FY1996–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $78.08 per share; close as of 2026-10-15.

Estimated value: low $70.47 per share, central $79.69 per share, high $91.97 per share. Buy at or below the central value $79.69 per share. Valuation as of 2026-10-16T07:27:54.463Z; scenarios are not confidence intervals.

Expected annual return: 10.2% at the stated quote. About 10.2% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: fail

- 1 revenue decline in the last 10 years (informational)

- operating margin variation exceeds 0.35

- Financial history: 10 years

- Years with declining revenue: 1

- Years with a net loss: 1

- Operating margin variation: 14.27×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.15×

- FY2018: 0.12×

- FY2019: 0.14×

- FY2020: -0.73×

- FY2021: 0.06×

- FY2022: 0.07×

- FY2023: 0.10×

- FY2024: 0.10×

- FY2025: 0.09×

- LTM to Jun 2026: 0.08×

### moat: fail

- ROIC worst years below threshold (more than 1 bad year allowed)

- ROIC, median of available years: 18.0%

- ROIC, second-lowest year: 7.6%

- Typical minus recent gross margin: 3.0 pp

- Typical gross margin (annual median): 25.9%

- Recent gross margin (lower of latest and 3-year median): 22.8%

- Years with nonpositive capital: 0

- Capital spending / revenue: 10.0%

- ROIC including acquisitions, ten-year median: 11.0%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 83.0%

- FY2017: 43.4%

- FY2018: 21.3%

- FY2019: 25.5%

- FY2020: -74.4%

- FY2021: 7.6%

- FY2022: 12.1%

- FY2023: 18.3%

- FY2024: 17.6%

- FY2025: 16.9%

### economics: fail

- incremental invested capital return below threshold

- Owner earnings / net income, 5-yr: 0.96×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $14B

- Net income, five-year total: $15B

- Return on incremental invested capital: -1.8%

- Working capital / revenue, annual change: -0.2 pp

- Working capital / revenue, change between three-year averages: -1.1 pp

- Working capital / revenue, final three-year average: -0.4%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.00×

- FY2022: 1.00×

- FY2023: 1.00×

- FY2024: 1.00×

- FY2025: 0.88×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 43.4% vs 17.6%

- Per-share earnings: 5.56 to 7.17 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -2.0%

- Ordinary dilution, 5-year annual growth: 0.6%

- Market cap gain: $8.2B

- Cumulative retained earnings: $5.4B

- Diluted shares, 10-year annual growth: -2.0%

- Diluted shares, 5-year annual growth: 0.6%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 3.2%

- Per-share value change: $1.61

- Per-share value, starting three-year median: $5.56

- Per-share value, ending three-year median: $7.17

- Buybacks concentrated in cheaper years (correlation): 0.70

- Average buyback yield: 4.5%

- Buyback history: 5 years

- Debt-funded buybacks: Yes

- Acquisition spending: $1.2B

- Cumulative net income, 10 years: $18B

- ROIC, first three-year median: 43.4%

- ROIC, last three-year median: 17.6%

Chart: Earnings per share; fiscal year observations.

- FY2016: $5.56

- FY2017: $4.43

- FY2018: $5.67

- FY2019: $7.30

- FY2020: -$19.47

- FY2021: $0.44

- FY2022: $2.06

- FY2023: $7.17

- FY2024: $5.33

- FY2025: $7.65

### accounting: pass

- Sloan accruals: -4.1%

- Receivables to sales index (DSRI): 0.86×

- Restructuring years, last five: 2

- Stock compensation / operating cash flow: 0.0%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.67×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 0.75×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -5.9%

- FY2017: -3.6%

- FY2018: -5.1%

- FY2019: -5.7%

- FY2020: -11.9%

- FY2021: -4.1%

- FY2022: -7.0%

- FY2023: -2.5%

- FY2024: -6.1%

- FY2025: -4.1%

## Holders

- [Warren Buffett](https://gigainvestors.com/BRK): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Richard Pzena](https://gigainvestors.com/PIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Samantha McLemore](https://gigainvestors.com/PTNT): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 0.6% a year for ten years · sales +7.8%

Story as of 2026-10-16T09:58:36.626Z; price observation 2026-10-15.

Price needs cash profits to grow 0.6% a year for ten years

- 2025-05-09: Delta Air Lines (NYSE:DAL) Sees Net Income Rise To US$240M In Q1 Earnings Report ([finance.yahoo.com](https://finance.yahoo.com/news/delta-air-lines-nyse-dal-172723234.html))

- 2025-07-11: DAL Q2 Deep Dive: Premium Segments and Cost Discipline Drive Positive Outlook ([finance.yahoo.com](https://finance.yahoo.com/news/dal-q2-deep-dive-premium-053937129.html))

- 2025-12-03: Delta Says Government Shutdown Dented Profit by $200 Million ([finance.yahoo.com](https://finance.yahoo.com/m/ef5ddd96-edc0-3c07-b665-68d77a8487ea/delta-says-government.html))

- 2026-05-09: Delta Air Lines Reworks Costs And Service As Spirit Exit Reshapes Competition ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/delta-air-lines-reworks-costs-002901136.html))

- 2026-06-21: Delta Air Lines (DAL) Lifts Dividend 15% While Upgrading 737s To Cut Fuel Use ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/delta-air-lines-dal-lifts-130753395.html))

- 2026-09-11: Delta Air Lines (DAL) Premium Demand and Pricing Power Support Growth Despite Fuel Risks ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/delta-air-lines-dal-premium-222112120.html))

### Sales · FY2025–2026

sales +7.8%; source https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm; observed 2026-02-11.

- FY2017: $41B 

- FY2018: $44B 

- FY2019: $47B 

- FY2020: $17B 

- FY2021: $30B 

- FY2022: $51B 

- FY2023: $58B 

- FY2024: $62B 

- FY2025: $63B 

- FY2026: $68B 

### Gross margin · FY2025

gross margin 22.8%; source https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm; observed 2026-02-11.

- FY2016: 31.1% 

- FY2017: 28.0% 

- FY2018: 25.0% 

- FY2019: 28.9% 

- FY2021: 7.1% 

- FY2022: 22.1% 

- FY2023: 26.7% 

- FY2024: 26.9% 

- FY2025: 22.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in airlines; annual sales are USD 63.4 billion.

- Source: https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm (filed 2026-02-11); FY2025: revenue 63364000000; grossProfit 14475000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); DAL.US: 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, Detroit, Minneapolis-St. Paul, 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, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

### Why customers stay

Margins ranged from 22.8% to 26.9% during 2023–25; it earns 18% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2023: grossProfit / revenue = 26.7%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2024: grossProfit / revenue = 26.9%.

- Source: https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm (filed 2026-02-11); FY2025: grossProfit / revenue = 22.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); 10-year return on capital observations [[2016,0.8296667471789053],[2017,0.43420669577874815],[2018,0.21312932026470305],[2019,0.2551393488561675],[2020,-0.7443897831179627],[2021,0.07584509951150516],[2022,0.1205932595007969],[2023,0.18322221031764205],[2024,0.1762646895356513],[2025,0.16902574707935153]]; median 0.17974344992664668. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

Refinery revenues decreased in 2025, primarily driven by lower pricing of refined products.

- Source: https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm (filed 2026-02-11); Because Monroe is able to blend only a small amount of renewable fuels, it must purchase the majority of its RINs requirement in the second . Refinery revenues decreased in 2025, primarily driven by lower pricing of refined products. The refinery's operating income increased in 2025 compared to 2024 mainly due to higher industry refining margins.

### Where the cash goes

Spends 32.7% of cash earnings on expansion; paid dividends in 8 of 10 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2016: growth capex 0; upkeep 3391000000; owner earnings 2706000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2017: growth capex 996412241.1424122; upkeep 2894587758.857588; owner earnings 2532412241.142412. Growth capex / owner earnings = 0.3934636805786859.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2018: growth capex 2076030779.8671994; upkeep 3091969220.1328006; owner earnings 3172030779.8671994. Growth capex / owner earnings = 0.6544800236629844.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2019: growth capex 1740738834.9655418; upkeep 3195261165.034458; owner earnings 4152738834.965542. Growth capex / owner earnings = 0.4191784998152878.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2021: growth capex 1249000000; upkeep 1998000000; owner earnings 280000000. Growth capex / owner earnings = 4.460714285714285.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2022: growth capex 4259000000; upkeep 2107000000; owner earnings 1318000000. Growth capex / owner earnings = 3.231411229135053.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2023: growth capex 2982000000; upkeep 2341000000; owner earnings 4609000000. Growth capex / owner earnings = 0.6469950097635062.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2024: growth capex 2627000000; upkeep 2513000000; owner earnings 3457000000. Growth capex / owner earnings = 0.7599074341914955.

- Source: https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm (filed 2026-02-11); FY2025: growth capex 1435489815.511961; upkeep 3063510184.488039; owner earnings 4384489815.511961. Growth capex / owner earnings = 0.32740179038238776.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); Dividend observations: [[2016,509000000],[2017,731000000],[2018,909000000],[2019,980000000],[2020,260000000],[2021,0],[2022,0],[2023,128000000],[2024,321000000],[2025,440000000]]. Zero only counted when supported by a complete cash-flow statement.

### What could break it

"Our business and results of operations are dependent on the price of aircraft fuel." (SEC filing, Feb 2026)

- Source: https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm (filed 2026-02-11); Our business and results of operations are dependent on the price of aircraft fuel.

### What the price says

The price assumes cash profits grow 0.6% yearly over ten years; actual growth was 4.1%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); Ten-year compound average after fade. Initial solved rate -0.003810177256857006. Price 78.08; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share 4.489401627936453 → FY2025 6.704112867755292. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $41.77 per share

- 2016-11: $48.18 per share

- 2016-12: $49.19 per share

- 2017-01: $47.24 per share

- 2017-02: $49.93 per share

- 2017-03: $45.96 per share

- 2017-04: $45.44 per share

- 2017-05: $49.13 per share

- 2017-06: $53.74 per share

- 2017-07: $49.36 per share

- 2017-08: $47.19 per share

- 2017-09: $48.22 per share

- 2017-10: $50.03 per share

- 2017-11: $52.92 per share

- 2017-12: $56.00 per share

- 2018-01: $56.77 per share

- 2018-02: $53.90 per share

- 2018-03: $54.81 per share

- 2018-04: $52.22 per share

- 2018-05: $54.05 per share

- 2018-06: $49.54 per share

- 2018-07: $54.42 per share

- 2018-08: $58.48 per share

- 2018-09: $57.83 per share

- 2018-10: $54.73 per share

- 2018-11: $60.71 per share

- 2018-12: $49.90 per share

- 2019-01: $49.43 per share

- 2019-02: $49.58 per share

- 2019-03: $51.65 per share

- 2019-04: $58.29 per share

- 2019-05: $51.50 per share

- 2019-06: $56.75 per share

- 2019-07: $61.04 per share

- 2019-08: $57.86 per share

- 2019-09: $57.60 per share

- 2019-10: $55.08 per share

- 2019-11: $57.31 per share

- 2019-12: $58.48 per share

- 2020-01: $55.74 per share

- 2020-02: $46.13 per share

- 2020-03: $28.53 per share

- 2020-04: $25.91 per share

- 2020-05: $25.21 per share

- 2020-06: $28.05 per share

- 2020-07: $24.97 per share

- 2020-08: $30.85 per share

- 2020-09: $30.58 per share

- 2020-10: $30.64 per share

- 2020-11: $40.25 per share

- 2020-12: $40.21 per share

- 2021-01: $37.96 per share

- 2021-02: $47.94 per share

- 2021-03: $48.28 per share

- 2021-04: $46.92 per share

- 2021-05: $47.68 per share

- 2021-06: $43.26 per share

- 2021-07: $39.90 per share

- 2021-08: $40.44 per share

- 2021-09: $42.61 per share

- 2021-10: $39.13 per share

- 2021-11: $36.20 per share

- 2021-12: $39.08 per share

- 2022-01: $39.69 per share

- 2022-02: $39.92 per share

- 2022-03: $39.57 per share

- 2022-04: $43.03 per share

- 2022-05: $41.69 per share

- 2022-06: $28.97 per share

- 2022-07: $31.80 per share

- 2022-08: $31.07 per share

- 2022-09: $28.06 per share

- 2022-10: $33.93 per share

- 2022-11: $35.37 per share

- 2022-12: $32.86 per share

- 2023-01: $39.10 per share

- 2023-02: $38.34 per share

- 2023-03: $34.92 per share

- 2023-04: $34.31 per share

- 2023-05: $36.33 per share

- 2023-06: $47.54 per share

- 2023-07: $46.26 per share

- 2023-08: $42.88 per share

- 2023-09: $37.00 per share

- 2023-10: $31.25 per share

- 2023-11: $36.93 per share

- 2023-12: $40.23 per share

- 2024-01: $39.14 per share

- 2024-02: $42.27 per share

- 2024-03: $47.87 per share

- 2024-04: $50.07 per share

- 2024-05: $51.02 per share

- 2024-06: $47.44 per share

- 2024-07: $43.02 per share

- 2024-08: $42.49 per share

- 2024-09: $50.79 per share

- 2024-10: $57.22 per share

- 2024-11: $63.82 per share

- 2024-12: $60.50 per share

- 2025-01: $67.27 per share

- 2025-02: $60.12 per share

- 2025-03: $43.60 per share

- 2025-04: $41.63 per share

- 2025-05: $48.39 per share

- 2025-06: $49.18 per share

- 2025-07: $53.21 per share

- 2025-08: $61.78 per share

- 2025-09: $56.75 per share

- 2025-10: $57.38 per share

- 2025-11: $64.10 per share

- 2025-12: $69.40 per share

- 2026-01: $65.89 per share

- 2026-02: $65.70 per share

- 2026-03: $66.48 per share

- 2026-04: $67.99 per share

- 2026-05: $82.48 per share

- 2026-06: $93.66 per share

- 2026-07: $87.44 per share

- 2026-08: $78.00 per share

- 2026-09: $83.46 per share

- 2026-10: $79.57 per share

## Annual estimated value (USD per share)

- FY2016: low $42.43 per share, central $47.83 per share, high $55.03 per share

- FY2017: low $45.17 per share, central $51.05 per share, high $58.88 per share

- FY2018: low $52.77 per share, central $64.81 per share, high $75.43 per share

- FY2019: low $72.11 per share, central $100.68 per share, high $117.70 per share

- FY2020: low $41.78 per share, central $44.56 per share, high $48.26 per share

- FY2021: low $48.11 per share, central $52.44 per share, high $58.20 per share

- FY2022: low $32.20 per share, central $36.85 per share, high $41.50 per share

- FY2023: low $29.92 per share, central $33.47 per share, high $38.19 per share

- FY2024: low $35.38 per share, central $47.68 per share, high $55.43 per share

- FY2025: low $64.04 per share, central $72.23 per share, high $83.13 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:33:35.260Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/27904/000002790426000013/dal-20251231.htm); period 2025-12-31, filed 2026-02-11.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Warren Buffett](https://gigainvestors.com/BRK): 57,320,000 DAL shares; USD 5,368,591,000 reported position value; 1.79% of portfolio; add; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 17,329,926 DAL shares; USD 1,623,121,000 reported position value; 2.16% of portfolio; reduce; quarter 2026 Q2.
- [Richard Pzena](https://gigainvestors.com/PIM): 2,618,707 DAL shares; USD 245,268,000 reported position value; 0.72% of portfolio; reduce; quarter 2026 Q2.
- [Samantha McLemore](https://gigainvestors.com/PTNT): 431,215 DAL shares; USD 40,388,000 reported position value; 1.34% of portfolio; reduce; quarter 2026 Q2.

# DAL — Delta Air Lines Inc.

Held by 4 investors · USD 7,277,368,000 total · 2026 Q2 · reported price USD 93.66 (split-adjusted).
Page: https://gigainvestors.com/s/DAL

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Warren Buffett (https://gigainvestors.com/BRK) | USD 5,368,591,000 | 1.8% | add +43.99% |
| Bill Nygren (https://gigainvestors.com/HA) | USD 1,623,121,000 | 2.2% | reduce -3.74% |
| Richard Pzena (https://gigainvestors.com/PIM) | USD 245,268,000 | 0.7% | reduce -6.73% |
| Samantha McLemore (https://gigainvestors.com/PTNT) | USD 40,388,000 | 1.3% | reduce -21.95% |

## Total held by quarter

- 2009 Q4: USD 34,617,710 · 1 holder · USD 5.55
- 2010 Q1: USD 27,697,335 · 1 holder · USD 7.12
- 2010 Q2: USD 16,422,282 · 1 holder · USD 5.73
- 2010 Q3: USD 17,742,165 · 1 holder · USD 5.68
- 2010 Q4: USD 19,615,478 · 1 holder · USD 6.15
- 2011 Q1: USD 65,265,609 · 2 holders · USD 4.78
- 2011 Q2: USD 66,192,325 · 2 holders · USD 4.47
- 2011 Q3: USD 50,256,668 · 2 holders · USD 3.66
- 2011 Q4: USD 29,424,948 · 1 holder · USD 3.95
- 2012 Q1: USD 97,770,960 · 2 holders · USD 4.83
- 2012 Q2: USD 126,300,246 · 2 holders · USD 5.34
- 2012 Q3: USD 95,041,577 · 1 holder · USD 4.47
- 2012 Q4: USD 122,310,082 · 1 holder · USD 5.79
- 2013 Q1: USD 162,196,469 · 1 holder · USD 8.05
- 2013 Q2: USD 192,542,440 · 1 holder · USD 9.13
- 2013 Q3: USD 198,156,000 · 1 holder · USD 11.51
- 2013 Q4: USD 154,812,212 · 1 holder · USD 13.40
- 2014 Q1: USD 206,849,516 · 1 holder · USD 16.90
- 2014 Q2: USD 248,252,622 · 1 holder · USD 18.89
- 2014 Q3: USD 270,430,884 · 1 holder · USD 17.64
- 2014 Q4: USD 158,464,306 · 1 holder · USD 24.00
- 2015 Q1: USD 210,032,393 · 1 holder · USD 21.93
- 2015 Q2: USD 177,445,512 · 2 holders · USD 20.04
- 2015 Q3: USD 316,707,402 · 2 holders · USD 21.89
- 2015 Q4: USD 420,464,172 · 2 holders · USD 24.73
- 2016 Q1: USD 578,638,714 · 3 holders · USD 23.75
- 2016 Q2: USD 115,597,855 · 2 holders · USD 17.77
- 2016 Q3: USD 385,909,961 · 4 holders · USD 19.20
- 2016 Q4: USD 3,059,427,143 · 4 holders · USD 24.00
- 2017 Q1: USD 2,637,957,847 · 3 holders · USD 22.42
- 2017 Q2: USD 3,040,915,948 · 4 holders · USD 26.22
- 2017 Q3: USD 2,687,266,605 · 3 holders · USD 23.52
- 2017 Q4: USD 3,124,885,680 · 3 holders · USD 27.32
- 2018 Q1: USD 3,079,974,340 · 3 holders · USD 26.74
- 2018 Q2: USD 3,276,417,816 · 3 holders · USD 24.17
- 2018 Q3: USD 3,931,655,247 · 3 holders · USD 28.21
- 2018 Q4: USD 3,393,076,747 · 3 holders · USD 24.34
- 2019 Q1: USD 3,798,783,175 · 4 holders · USD 25.20
- 2019 Q2: USD 4,154,184,331 · 3 holders · USD 27.69
- 2019 Q3: USD 4,212,727,834 · 3 holders · USD 28.10
- 2019 Q4: USD 4,263,660,191 · 3 holders · USD 28.53
- 2020 Q1: USD 2,091,925,532 · 2 holders · USD 28.53
- 2020 Q2: USD 44,763,452 · 1 holder · USD 28.05
- 2020 Q3: USD 55,048,770 · 1 holder · USD 30.58
- 2020 Q4: USD 58,264,732 · 1 holder · USD 40.21
- 2021 Q1: USD 69,250,756 · 1 holder · USD 48.28
- 2021 Q2: USD 62,103,104 · 1 holder · USD 43.26
- 2021 Q3: USD 68,956,956 · 1 holder · USD 42.61
- 2021 Q4: USD 88,263,352 · 2 holders · USD 39.08
- 2022 Q1: USD 89,679,113 · 2 holders · USD 39.57
- 2022 Q2: USD 54,317,794 · 2 holders · USD 28.97
- 2022 Q3: USD 53,837,852 · 2 holders · USD 28.06
- 2022 Q4: USD 62,038,366 · 2 holders · USD 32.86
- 2023 Q1: USD 65,369,542 · 2 holders · USD 34.92
- 2023 Q2: USD 88,751,713 · 1 holder · USD 47.54
- 2023 Q3: USD 67,543,093 · 1 holder · USD 37.00
- 2023 Q4: USD 76,977,208 · 1 holder · USD 40.23
- 2024 Q1: USD 404,632,329 · 2 holders · USD 47.87
- 2024 Q2: USD 619,331,477 · 2 holders · USD 47.44
- 2024 Q3: USD 986,551,106 · 3 holders · USD 50.79
- 2024 Q4: USD 949,876,076 · 3 holders · USD 60.50
- 2025 Q1: USD 710,333,903 · 3 holders · USD 43.60
- 2025 Q2: USD 974,292,488 · 4 holders · USD 49.18
- 2025 Q3: USD 1,082,567,882 · 4 holders · USD 56.75
- 2025 Q4: USD 1,652,047,082 · 4 holders · USD 69.40
- 2026 Q1: USD 4,066,753,850 · 4 holders · USD 66.48
- 2026 Q2: USD 7,277,368,000 · 4 holders · USD 93.66