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L

LATAM Airlines Group LTM.SN · CLP

Industrials · Santiago · 🇨🇱 Chile

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23.36

+1.79%

Close of 6 Nov 2026, in CLP

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$14.27bn

FY2016FY2025

Net income

$1.46bn

FY2016FY2025

Free cash flow

$1.49bn

FY2016FY2025

Shareholders' equity

$1.35bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$14.27bn$12.83bn$11.64bn$9.36bn$4.88bn$3.92bn$10.07bn$9.90bn$9.61bn$8.99bn
Operating income$2.34bn$1.81bn$1.28bn$1.21bn−$3.30bn−$4.57bn$753.1m$940.5m$706.8m$493.3m
Net income$1.46bn$977.0m$581.8m$1.34bn−$4.65bn−$4.55bn$190.4m$181.9m$155.3m$69.2m
Diluted earnings per share4.953.231.9327.18-855.09-836.4035.0433.4728.5714.13

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$17.64bn$15.25bn$14.67bn$13.21bn$13.29bn$15.65bn$21.09bn$17.57bn$18.80bn$19.20bn
Cash and short-term investments$2.17bn$2.01bn$1.85bn$1.35bn$1.12bn$1.74bn$1.47bn$1.41bn$1.62bn$1.63bn
Total liabilities$16.30bn$14.54bn$14.23bn$13.18bn$20.36bn$18.09bn$17.96bn$13.82bn$14.53bn$15.01bn
Debt$8.09bn$7.15bn$7.04bn$6.87bn$10.54bn$10.96bn$10.42bn$7.26bn$7.89bn$8.60bn
Shareholders' equity$1.35bn$723.3m$450.3m$42.3m−$7.06bn−$2.44bn$3.13bn$3.67bn$4.18bn$4.10bn
Shares outstanding295m302m302m49m5m5m5m5m5m5m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$3.26bn$3.11bn$2.26bn$96.8m−$184.1m−$494.7m$2.83bn$1.52bn$1.67bn$992.1m
Capital spending−$1.77bn−$1.42bn−$795.8m−$830.7m−$675.8m−$399.7m−$1.42bn−$756.9m−$491.0m−$783.0m
Free cash flow$1.49bn$1.69bn$1.47bn−$733.9m−$859.9m−$894.4m$1.41bn$760.0m$1.18bn$209.2m
Dividends paid−$605.2m−$174.8m———−$571,000−$55.1m−$72.6m−$66.6m−$41.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$4.12bn$4.08bn$3.87bn$3.80bn$3.25bn$3.35bn$3.34bn$3.25bn
Operating income$226.8m$818.3m$674.3m$691.2m$420.4m$558.3m$450.5m$435.8m
Net income$125.2m$576.0m$484.3m$378.8m$242.4m$355.3m$271.9m$301.2m
Diluted earnings per share0.442.011.601.300.811.180.901.00
Cash from operations$609.0m$933.0m$1.07bn$881.0m$687.0m$678.0m$991.0m$760.0m
Capital spending−$390.0m−$345.0m−$501.0m−$334.0m−$566.0m−$395.0m−$545.0m−$377.0m
Free cash flow$219.0m$588.0m$571.0m$547.0m$121.0m$283.0m$446.0m$383.0m
Total assets$19.65bn$18.71bn$17.64bn$16.99bn$16.58bn$15.86bn$15.25bn$15.22bn
Cash and short-term investments$2.70bn$2.59bn$2.17bn$2.08bn$2.09bn$2.21bn$2.01bn$2.08bn
Debt$4.58bn$4.37bn$8.09bn$7.61bn$7.52bn$7.09bn$7.15bn$7.22bn
Shareholders' equity$2.00bn$1.93bn$1.35bn$1.10bn$913.6m$950.1m$723.3m$724.5m

Financial ratios

Data as of 29 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin16.4%14.1%11.0%1.4%-22.3%-45.2%
Net margin10.2%7.6%5.0%16.8%-95.2%-115.9%
Return on equity108.5%135.1%129.2%3773.5%65.9%186.6%
Return on assets8.3%6.4%4.0%12.1%-34.9%-29.0%
Revenue growth11.2%10.2%22.3%94.9%24.5%-61.0%
Earnings growth49.4%67.9%-63.5%-134.3%2.2%-2487.2%
Current ratio0.60x0.62x0.74x0.69x0.21x0.42x
Debt to equity2.55x3.99x6.40x71.06x-0.37x-1.91x
Equity ratio7.6%4.7%3.1%0.3%-53.0%-15.6%
Interest coverage3.77x2.21x1.87x0.14x-1.46x-3.34x

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.1%29.5%3.9%
Operating income24.5%—17.9%
Net income2.9%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin15.3%13.8%-2.2%2.0%
Net margin9.0%9.1%-8.5%-4.2%

Valuation history

At each fiscal year end

FY2025FY2023FY2012
Price to earnings0.00.00.0

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 18 Dec 2025.

FY2025FY2024FY2019FY2018FY2017FY2013FY2012FY2011
Paid in the year0.0010.000.0050.0041.2720.001.43611.95

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.