Stocks › Airlines › LTM

LATAM Airlines Group LTM

US equityMarket cap rank #714Airlines

$47.73 −$2.16 (-4.33%)

Market open · Oct 1, 11:50 am ET · After hours $49.89 0.00%

Open$49.52

Prev close$49.89

Day range$47.56 – $49.57

Volume441.6K

Market cap$13.70B

P/E (TTM)8.8

Dividend yield3.21%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$4.12B+27.2% YoY

Operating profit$226.75M-45.9% YoY

Net profit$117.91M-51.2% YoY

Diluted EPS$0.44-46.0% YoY

Free cash flow$218.85M-20.7% YoY

Revenue, last 8 quarters

Net profit, last 8 quarters

Diluted EPS by quarter

Free cash flow by quarter

Annual revenue

Profitability & balance sheet

Gross margin27.0%

Operating margin15.2%

Net margin9.9%

Return on equity107.3%

Return on assets8.6%

Return on invested capital22.0%

Current ratio0.67

Liabilities / assets89.9%

Cash & investments$2.70B

Total debt$8.37B

Net cash (debt)-$5.67B

Free cash flow / sales13.3%

Income statement

Line item	2026 Q2	2026 Q1	2025 ANNUAL	2025 Q4	2025 Q3
Total Revenue as Reported	$4.12B	$4.08B	$14.27B	$3.87B	$3.80B
Total Operating Revenue	$4.12B	$4.08B	$14.27B	$3.87B	$3.80B
Cost of Revenue	$3.45B	$2.80B	$10.10B	$2.72B	$2.62B
Gross Profit	$670.88M	$1.28B	$4.16B	$1.16B	$1.18B
Operating Expense	$444.13M	$458.91M	$1.82B	$482.95M	$486.56M
Selling and Admin Expenses	$375.16M	$382.90M	$1.45B	$406.02M	$381.49M
-Selling & Marketing Expense	$163.44M	$166.85M	$578.97M	$159.19M	$155.76M
-General & Admin Expense	$211.73M	$216.05M	$870.48M	$246.84M	$225.73M
Other Taxes	-$10.85M	-$10.96M	-$48.52M	-$12.61M	-$12.28M
Other Operating Expenses	$79.81M	$86.97M	$422.50M	$89.54M	$117.35M
Operating Profit	$226.75M	$818.34M	$2.34B	$674.29M	$691.15M
Net Non-Operating Interest Income (Expense)	-$124.86M	-$127.02M	-$575.14M	-$111.53M	-$216.59M
Non-Operating Interest Income	$39.61M	$36.99M	–	–	$40.32M
Non-Operating Interest Expense	$154.09M	$154.20M	$620.07M	$152.60M	$167.13M
Total Other Finance Costs	$10.38M	$9.81M	-$44.93M	-$141.43M	$89.78M
Other Income (Expense)	-$40.75M	-$60.82M	-$142.98M	-$12.62M	-$23.61M
Gain on Sale of Security	-$32.97M	-$54.15M	-$141.49M	$5.11M	-$20.55M
Other Non-Operating Income (Expenses)	-$7.79M	-$6.67M	-$1.50M	-$17.73M	-$3.06M
Pretax Profit	$61.14M	$630.50M	$1.62B	$550.14M	$450.95M
Tax	-$56.77M	$52.81M	$155.06M	$65.92M	$70.05M
Net Profit	$117.91M	$577.69M	$1.46B	$484.22M	$380.90M
Profit from Continuing Operations	$117.91M	$577.69M	$1.46B	$484.22M	$380.90M
Minority Interests	-$7.31M	$1.70M	$3.58M	-$65,000.00	$2.06M
Net Income to Parent Company	$125.22M	$575.99M	$1.46B	$484.29M	$378.84M
Net Income to Common Stockholders	$125.22M	$575.99M	$1.46B	$484.29M	$378.84M
Basic EPS	$0.44	$2.01	$4.95	$1.69	$1.30
Diluted EPS	$0.44	$2.01	$4.95	$1.68	$1.30
Dividend Per Share	$0.13	$0.00	$2.41	$1.40	$0.00

Balance sheet

Line item	2026 Q2	2026 Q1	2025 ANNUAL	2025 Q4	2025 Q2
Total Assets	$19.65B	$18.71B	$17.64B	$17.64B	$16.60B
Total Current Assets	$5.35B	$5.05B	$4.38B	$4.38B	$4.30B
Cash and Cash Equivalents & Short-Term Investments	$2.70B	$2.59B	$2.20B	$2.20B	$2.13B
-Cash and Cash Equivalents	$2.65B	$2.54B	$2.15B	$2.15B	$2.07B
-Short Term Investments	$45.47M	$50.89M	$53.85M	$53.85M	$63.94M
Receivables	$1.89B	$1.73B	$1.65B	$1.65B	$1.59B
-Accounts Receivable	$1.64B	$1.48B	$1.38B	$1.38B	$1.35B
-Taxes Receivable	$176.39M	$184.31M	$194.41M	$194.41M	$165.05M
-Due from Related Parties Current	$1.60M	$17,000.00	$7,000.00	$7,000.00	$41,000.00
-Other Receivables	$78.79M	$75.32M	$78.52M	$78.52M	$74.53M
Prepaid Assets	$130.91M	$112.31M	$38.06M	$38.06M	$83.65M
Inventory	$565.00M	$524.00M	$458.57M	$458.57M	$459.18M
Restricted Cash	$0.00	$0.00	$0.00	$0.00	$0.00
Other Current Assets	$779,000.00	$779,000.00	$779,000.00	$779,000.00	$779,000.00
Total Non-Current Assets	$14.29B	$13.66B	$13.26B	$13.26B	$12.31B
Net PPE	$12.90B	$12.29B	$11.95B	$11.95B	$11.03B
-Gross PPE	$23.48B	$22.63B	$21.95B	$21.95B	$20.44B
-Accumulated Depreciation	-$10.58B	-$10.35B	-$10.01B	-$10.01B	-$9.41B
Investments and Advances	$8.15M	$12.88M	$16.61M	$16.61M	$24.18M
-Available for Sale Securities	$8.15M	$12.88M	$16.61M	$16.61M	$24.18M
Financial Assets	$0.00	$0.00	$0.00	$0.00	$0.00
Non Current Accounts Receivables	$27.71M	$26.99M	$24.39M	$24.39M	$20.40M
Non-Current Prepaid Assets	$53.07M	$56.17M	$56.85M	$56.85M	$60.90M
Goodwill and Other Intangible Assets	$1.22B	$1.19B	$1.13B	$1.13B	$1.10B
-Other Intangible Assets	$1.22B	$1.19B	$1.13B	$1.13B	$1.10B
Non-Current Deferred Assets	$27.95M	$21.35M	$21.10M	$21.10M	$5.95M
Other Non-Current Assets	$64.96M	$62.99M	$61.75M	$61.75M	$63.11M
Total Liabilities	$17.66B	$16.78B	$16.30B	$16.30B	$15.70B
Total Current Liabilities	$7.94B	$7.52B	$7.29B	$7.29B	$7.22B
Payables	$2.70B	$2.62B	$2.59B	$2.59B	$2.56B
-Accounts Payable	$1.94B	$1.87B	$1.83B	$1.83B	$2.01B
-Total Tax Payable	$29.59M	$27.06M	$39.38M	$39.38M	$26.89M
-Dividends Payable	$210.36M	$210.79M	$38.00M	$38.00M	$179.06M
-Due to Related Parties Current	$3.43M	$6.54M	$7.71M	$7.71M	$20.41M
-Other Payable	$523.25M	$507.87M	$675.45M	$675.45M	$324.01M
Current Accrued Expenses	$356.96M	$385.30M	$333.17M	$333.17M	$434.74M
Short-Term Debt and Capital Lease Obligation	$989.16M	$856.14M	$745.30M	$745.30M	$746.82M
-Current Debt	$329.04M	$191.87M	$174.44M	$174.44M	$161.29M
-Current Capital Lease Obligation	$660.13M	$664.28M	$570.86M	$570.86M	$585.53M
Current Provisions	$7.10M	$7.47M	$8.41M	$8.41M	$13.14M
Current Deferred Liabilities	$3.87B	$3.64B	$3.61B	$3.61B	$3.45B
Other Current Liabilities	$10.48M	$10.46M	$7.69M	$7.69M	$12.39M
Total Non-Current Liabilities	$9.72B	$9.26B	$9.01B	$9.01B	$8.48B
Long Term Accounts Payable and Other Payables	$506.44M	$464.17M	$448.70M	$448.70M	$445.57M
Long Term Debt and Capital Lease Obligation	$8.04B	$7.54B	$7.34B	$7.34B	$6.77B
-Long Term Debt	$3.59B	$3.51B	$3.43B	$3.43B	$3.27B
-Long Term Capital Lease Obligation	$4.44B	$4.03B	$3.91B	$3.91B	$3.51B
Non-Current Liabilities	$672.11M	$703.00M	$674.61M	$674.61M	$686.77M
Non-Current Deferred Liabilities	$353.17M	$352.72M	$338.67M	$338.67M	$387.45M
Employee Benefits	$155.20M	$200.42M	$203.60M	$203.60M	$193.44M
Other Non-Current Liabilities	$492,000.00	$492,000.00	$492,000.00	$492,000.00	$186,000.00
Total Equity	$1.99B	$1.93B	$1.34B	$1.34B	$904.16M
Stockholders' Equity	$2.00B	$1.93B	$1.35B	$1.35B	$914.81M
Capital Stock	$4.42B	$4.42B	$4.42B	$4.42B	$5.00B
-Common Stock	$4.42B	$4.42B	$4.42B	$4.42B	$5.00B
Retained Earnings	$2.66B	$2.57B	$2.17B	$2.17B	$1.57B
Less: Treasury Stock	$0.00	$0.00	–	–	$152.15M
Gains/Losses Not Affecting Retained Earnings	-$5.08B	-$5.06B	-$5.24B	-$5.24B	-$5.50B
Minority Interests	-$14.99M	-$7.76M	-$8.39M	-$8.39M	-$10.65M
Other Equity Interests	–	$39,000.00	$39,000.00	$39,000.00	$39,000.00

Cash flow

Line item	2026 Q2	2026 Q1	2025 ANNUAL	2025 Q4	2025 Q2
Net cash flow from investing	-$337.86M	-$287.22M	-$1.58B	-$401.69M	-$547.29M
Net Cash Flow from Continuing Investing Activities	-$337.86M	-$287.22M	-$1.58B	-$401.69M	-$547.29M
Net PPE Purchase and Sale	-$377.37M	-$296.39M	-$1.61B	-$360.77M	-$577.91M
Net Intangibles Purchase and Sale	-$37.13M	-$25.04M	-$104.48M	-$28.70M	-$22.83M
Financing Cash Flow	-$164.10M	-$290.68M	-$2.02B	-$648.58M	-$421.27M
Net Cash Flow from Continuing Financing Activities	-$164.10M	-$290.68M	-$2.02B	-$648.58M	-$421.27M
Net Issuance Payments Of Debt	$55.74M	-$65.59M	-$137.29M	-$159.45M	$225.53M
Cash Dividends Paid	-$38.00M	-$89.29M	-$605.18M	-$311.79M	-$293.09M
Net Other Financing Charges	-$12.49M	-$3.12M	-$91.53M	-$5,000.00	$2.05M
Ending Cash Balance	$2.65B	$2.54B	$2.15B	$2.15B	$2.07B
Net Change in Cash	$107.79M	$355.26M	$137.70M	$158.17M	-$105.94M
Beginning Cash Balance	$2.54B	$2.15B	$1.96B	$2.02B	$2.15B
Effect of Exchange Rate Changes	$2.31M	$35.38M	$54.63M	-$24.07M	$28.19M
Free Cash Flow	$218.85M	$588.14M	$1.86B	$681.95M	$276.02M
Net Common Stock Issuance	–	–	-$584.84M	$0.00	–

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Peers

Airlines

Stock	Price	Day	P/E
LTM	$47.73	▼ 4.3%	9.6
DAL	$83.10	▼ 0.4%	10.8
RYAAY	$53.38	▼ 3.0%	11.5
LUV	$41.78	▲ 0.3%	52.9

Group median P/E 10.8. Group average move today -1.85%.

Compare LTM vs DAL →All 4 stocks in Airlines →