ALK vs LTM
Alaska AIR Group, Inc. and Latam Airlines Group S.a., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ALK | LTM |
|---|---|---|
| Revenue | $14.2B | $14.3B |
| Net income | $100.0M | $1.5B |
| Gross margin | · | 29.2% |
| Net margin | 0.7% | 10.3% |
| Return on equity | 2.4% | 141.1% |
| Diluted EPS | $0.83 | $0.00 |
| Dividend / share | · | · |
| Payout ratio | · | 41.5% |
| Free cash flow | · | $2.0B |
| Equity | $4.1B | $1.3B |
| Net debt / equity | 1.14× | 4.41× |
| Current ratio | 0.50× | 0.60× |
| Revenue CAGR 5y | 31.9% | 29.5% |
| Profit CAGR 5y | · | · |
ALK and LTM book revenue within 15% of each other, and LTM keeps more of each dollar of revenue as profit (10.3% against 0.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ALK | LTM |
|---|---|---|
| FY2025 | $14.2B | $14.3B |
| FY2024 | $11.7B | $12.8B |
| FY2023 | $10.4B | $11.6B |
| FY2022 | $9.6B | $9.4B |
| FY2021 | $6.2B | $4.9B |
| FY2020 | $3.6B | $3.9B |
| FY2019 | $8.8B | $10.1B |
| FY2018 | $8.3B | $9.9B |
| FY2017 | $7.9B | $9.6B |
| FY2016 | $5.9B | $9.0B |
Bottom line
| Fiscal year | ALK | LTM |
|---|---|---|
| FY2025 | $100.0M | $1.5B |
| FY2024 | $395.0M | $977.0M |
| FY2023 | $235.0M | $581.8M |
| FY2022 | $58.0M | $1.3B |
| FY2021 | $478.0M | $-4.6B |
| FY2020 | $-1.3B | $-4.5B |
| FY2019 | $769.0M | $190.4M |
| FY2018 | $437.0M | $309.8M |
| FY2017 | $960.0M | $108.9M |
| FY2016 | $797.0M | $69.2M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$26,056,000 | LTM |
| FY2024 | −$1,098,043,000 | LTM |
| FY2023 | −$1,214,541,000 | LTM |
| FY2022 | +$283,479,000 | ALK |
| FY2021 | +$1,291,985,000 | ALK |
| FY2020 | −$357,667,000 | LTM |
| FY2019 | −$1,289,063,000 | LTM |
| FY2018 | −$1,631,456,000 | LTM |
| FY2017 | −$1,719,907,000 | LTM |
| FY2016 | −$3,063,340,000 | LTM |
| FY2015 | −$9,740,045,000 | LTM |
The higher-revenue side has changed between ALK and LTM over this period. The gap has narrowed since the earliest year compared.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −9.6 pp | LTM |
| FY2024 | −4.3 pp | LTM |
| FY2023 | −2.7 pp | LTM |
| FY2022 | −13.7 pp | LTM |
| FY2021 | +103.0 pp | ALK |
| FY2020 | +79.0 pp | ALK |
| FY2019 | +6.8 pp | ALK |
| FY2018 | +1.8 pp | ALK |
| FY2017 | +10.6 pp | ALK |
| FY2016 | +12.2 pp | ALK |
The higher net margin has changed hands between ALK and LTM over this period.
10 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LTM's net margin has been more volatile than ALK's over the 10 comparable fiscal years — 45.0 percentage points of standard deviation against 13.6.
10 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ALK and LTM over these 10 fiscal years — ALK led in 6 and LTM in 4.
10 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LTM's return on equity has been more volatile than ALK's over the 8 comparable fiscal years — 90.2 percentage points of standard deviation against 12.3.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ALK and LTM over these 8 fiscal years — ALK led in 5 and LTM in 3.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.