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MARKETS / NYSE / LTM
NYSE · AIR TRANSPORTATION, SCHEDULED · LARGE CAP

Latam Airlines Group S.a. LTM

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$14.3B
▲ 11.2% YoY
$1.5B
▲ 49.4% YoY
$2.0B
▲ 10.1% YoY
In brief

What this company does

LATAM Airlines Group and its affiliates provide domestic air services in Brazil, Chile, Peru, Colombia and Ecuador, as well as regional flights and long-haul operations. The group also carries out cargo operations using both belly space on passenger flights and dedicated freighter aircraft. It also offers complementary services such as ground handling, courier, logistics, and maintenance. As of December 31, 2025, it had a consolidated fleet of 371 aircraft, including 20 dedicated cargo freighters, and employed 41,125 people. In 2025, it transported approximately 87 million passengers. As of December 31, 2025, it offered passenger services to 160 destinations in 27 countries and territories and cargo services to 170 destinations, including 10 cargo-only locations, across 31 countries and territories. Its global reach includes strategic partnerships, code-sharing agreements, commercial alliances and a joint venture agreement with Delta Air Lines, Inc.

Written from the business description in LATAM Airlines Group S.A.'s annual report to the U.S. Securities and Exchange Commission, filed 5 March 2026. Every sentence was checked against that document before publication.

Growth
USD 14.3B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 14.3 · Net income 1.5
5B10B-2B-4B201520172019202120232025
Compound annual growth
+15.1%
+29.5%
+3.9%
+2.9%
+361.1%
+42.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +29.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 16.4% · Net 10.3%
5%10%15%-50%-100%201520172019202120232025
ROE
FY2025 · ROE 141.1%
100%200%-500%-1000%201520172019202120232025

Each USD of equity produced 141 cents of profit this year.

Cash & shareholders
USD 1.2B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.0
0.8B1.6B-0.4B-0.8B201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 605.2 · Net buybacks 584.8
400M800MDividendsNet buybacks2015201620172018201920202022202320242025

USD 605.2M in dividends and USD 584.8M in buybacks — 82% of the year's profit went back to shareholders.

Total assetsUSD 17.6B
EquityUSD 1.3B
CashUSD 2.2B
Gross debtUSD 8.1B
Net debtUSD 5.9B
Current ratio0.60×

Net debt stands at 441% of equity.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B14.312.811.69.44.93.910.19.99.69.09.7
Operating income $B2.31.51.11.2−3.4−4.50.80.90.90.50.4
EBITDA $B4.13.02.32.4−2.3−3.12.22.32.21.51.4
Income tax $B0.20.00.00.00.6−0.6−0.10.10.20.2−0.2
Net income $B1.51.00.61.3−4.6−4.50.20.30.10.1−0.2
Free cash flow $B2.01.81.5−0.7−0.8−0.81.61.41.80.30.1
EPS, diluted $0.000.000.000.01−7.66−7.500.310.510.180.13−0.40
Dividend / sh $·0.000.000.00··0.090.090.080.03·
Payout %411800·−029236160−16
ROE %141.1166.5236.2··−1308.05.98.62.71.7·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 47 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 48 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityAir Transportation, Scheduled
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2015

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