LATAM Airlines Group S.A.

LATAM Airlines Group S.A.

LTM.SN
LATAM Airlines Group S.A.CL flagSantiago Stock Exchange
22.06
CLP
-0.54
- -
12.67TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.31
1.24
1
0.92
0.88
0.91
0.93
0.36
0.45
0.02
0.02
0.02
0.02
0.03
Basic EPS, GAAP
-0.03
-0.03
-0.02
0.01
0.01
0.03
0.02
-0.42
-0.43
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
-0.02
0.01
0.02
0.11
-0.07
-0.13
-0.04
-0.06
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.32
0.32
0.29
0.36
0.29
0.31
0.32
-0.1
-0.52
0.01
0.01
0.01
0.01
0.01
Tangible Book Value per Share
-0.05
-0.07
-0.07
-0.01
-0.03
-0.03
-0.05
-0.32
-0.74
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
9,892
9,779
9,779
9,797
10,870
10,870
10,870
10,870
10,870
605,232
604,438
604,438
589,302
581,853
Sales/Revenue/Turnover
12,925
12,094
9,740
8,988
9,614
9,895
10,070
3,924
4,884
9,363
11,641
12,833
14,265
14,997
Operating Margin (%)
4.23
4.22
4.13
4.77
7.88
8.17
6.34
-22.7
-22.16
-1.49
10.04
12.29
16.38
17.35
Depreciation Expense
1,042
991
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-281
-260
-219
69
109
310
190
-4,546
-4,647
1,339
582
977
1,460
1,681
Effective Tax Rate (%)
- -
448.25
- -
59.59
50.74
17.77
- -
- -
- -
0.66
2.5
1.66
9.58
10.62
Profit Margin (%)
-2.18
-2.15
-2.25
0.77
1.13
3.13
1.89
-115.86
-95.16
14.3
5
7.61
10.23
11.21
Working Capital
-1,530
-2,195
-2,818
-2,595
-2,455
-2,656
-2,943
-4,348
-9,701
-1,552
-1,485
-2,390
-2,911
-2,468
LT Debt
7,804
7,361
7,516
6,790
6,603
8,359
8,530
7,804
5,949
5,979
6,342
6,515
7,343
7,542
Total Equity
5,326
4,504
2,938
4,185
3,956
3,441
3,129
-2,442
-7,067
31
438
711
1,337
1,927
Return on Invested Capital (%)
- -
-12.45
- -
1.39
3.03
5.24
- -
- -
- -
-2.66
15.92
20.29
24.31
25.18
Return on Capital (%)
- -
-13.56
- -
1.52
2.96
5.77
- -
- -
- -
25.7
9.97
13.89
14.43
15.49
Return on Common Equity (%)
-9.76
-8.3
-7.38
2.17
3.29
9.58
5.55
- -
- -
- -
10.33
16.82
22.92
25.1

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
785
745
856
LT Borrowings
3,337
3,432
3,513
LT Finance Leases
3,483
3,911
4,028
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
574,216
574,216
574,216
Market Capitalization
13,513
15,914
14,281

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,438
4,383
5,051
Cash, Cash Equivalents & STI
2,082
2,204
2,592
Accounts Receivable, Net
1,479
1,382
1,475
Inventories
451
459
524
Total Current Liabilities
7,353
7,294
7,520
Payables & Accruals
2,938
2,921
3,007
ST Debt
785
745
856
Deferred Revenue
3,532
3,580
3,573

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
140.27%
313.17%
87.99%
Free Cash Flow
63.09%
38.7%
32.43%
Net Income, GAAP
-248.12%
-13.16%
49.44%
Sales/Revenue/Turnover
10.48%
32.38%
11.16%
Total Cash Common Dividend
- -
- -
246.14%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,267
2,983
3,245
3,337
12,833
2025
3,348
3,243
3,799
3,875
14,265
2026
4,081
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Roberto Alvo Milosawlewitsch
Full Time Employees
39,005
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
Presidente Riesco 5711 Santiago de Chile Chile
IPO Date
Jul 22, 1996
Business
LATAM Airlines Group S.A. operates as a leading airline holding company, providing comprehensive passenger and cargo air transportation services. Its expansive network primarily connects locations throughout South America, with crucial routes extending to North America, Europe, Oceania, and Africa. The company, which was originally established in 1929, maintains its headquarters in Santiago, Chile. Positioned as the largest airline group in Latin America, LATAM presently serves around 160 destinations in 28 countries, utilizing a combined fleet of over 360 aircraft for both passenger and dedicated freight operations. Following a significant restructuring period, the company successfully exited Chapter 11 bankruptcy in November 2022, emerging with a strengthened financial foundation, including increased liquidity and a substantial debt reduction. This strategic repositioning has facilitated a strong joint venture with Delta Air Lines, aiming to enhance connectivity across the Americas. LATAM is actively investing in fleet modernization, pursuing sustainability goals such as a 30% reduction in carbon emissions by 2030, and continuously improving the passenger experience, including plans to offer onboard Wi-Fi on its wide-body aircraft by 2026. The group concluded 2024 with strong financial performance, reporting significant net income and a record number of passengers transported.