LATAM Airlines Group S.A. (SNSE:LTM)

LATAM Airlines Group Financials Overview

Financials in millions USD. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	16,560	14,265	12,833	11,641	9,363	4,884
Revenue Growth	20.64%	11.16%	10.24%	24.33%	91.70%	24.48%
Gross Profit Gross Profit Growth	4,138	4,160	3,267	2,824	1,259	-79.47
Operating Income Operating Income Growth	2,275	2,336	1,541	1,078	-122.95	-1,089
Net Income Net Income Growth	1,626	1,460	976.97	581.83	1,339	-4,647
Earnings Per Share EPS Growth	0.00	0.00	0.00	0.00	0.01	-7.66
EPS Growth	35.45%	53.22%	67.98%	-92.92%	-	-

Revenue by Geography

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Peru Peru Growth	1,286	1,128	988.91	858.96	503.62
Argentina Argentina Growth	317.25	239.37	244.41	206.86	75.51
U.S.A. U.S.A. Growth	1,446	1,324	1,045	1,058	577.97
Europe Europe Growth	1,100	957.04	800.9	768.98	376.86
Colombia Colombia Growth	741.89	669.21	662.26	540.23	368.47
Brazil Brazil Growth	6,099	5,512	5,006	3,724	1,665
Ecuador Ecuador Growth	390.58	364.96	332.8	248.45	162.96
Chile Chile Growth	2,121	1,928	1,898	1,515	794.12
Asia Pacific and Rest of Latin America Asia Pacific and Rest of Latin America Growth	763.44	710.61	661.91	441.83	359.98
Total Total Growth	14,265	12,833	11,641	9,363	4,884

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	2,871	2,150	1,962	1,715	1,225	1,048
Total Debt Total Debt Growth	8,177	8,089	7,150	6,938	6,782	11,061
Net Cash (Debt) Net Cash Growth	-5,306	-5,938	-5,188	-5,223	-5,556	-10,013
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-0.01	-0.01	-0.01	-0.01	-0.06	-16.51

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	3,782	3,737	3,106	2,264	96.8	-174.24
Capital Expenditures CapEx Growth	-1,628	-1,776	-1,325	-795.79	-780.54	-597.1
Free Cash Flow Free Cash Flow Growth	2,154	1,961	1,781	1,468	-683.74	-771.34
Free Cash Flow Growth	26.96%	10.13%	21.33%	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	24.99%	29.16%	25.46%	24.26%	13.45%	-1.63%
Operating Margin	13.74%	16.37%	12.01%	9.26%	-1.31%	-22.29%
Pretax Margin	10.34%	11.35%	7.75%	5.12%	14.38%	-83.62%
Profit Margin	9.82%	10.23%	7.61%	5.00%	14.30%	-95.16%
FCF Margin	13.00%	13.75%	13.88%	12.61%	-7.30%	-15.79%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Nov 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Dividend Per Share Dividend Per Share Growth	0.657	-	0.000	0.000
Dividend Per Share Growth	46.59%	-	67.82%	-
Dividend Yield	3.03%	-	3.51%	2.65%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	8.67	10.65	8.55	11.32	2.93	-
Forward PE	8.49	10.05	7.27	26.47	6.03	6.03
P/FCF Ratio	6.08	7.93	4.69	4.49	-	-
PS Ratio	0.85	1.09	0.65	0.57	0.42	0.05

Data Source: S&P Global Market Intelligence Last updated: Nov 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error