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LATAM Airlines Group SA banner

LATAM Airlines Group SA
OTC:LTMAY

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LATAM Airlines Group SA Logo
LATAM Airlines Group SA
OTC:LTMAY
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Price: 26.04 USD 0.81% Market Closed
Market Cap: $7.9B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+60%
5Y
+134%
10Y
+32%
Operating Income
+
3Y
-
5Y
-
10Y
+179%
Net Income
+
3Y
-
5Y
-
10Y
-

Earnings Waterfall
LATAM Airlines Group SA

Income Statement
LATAM Airlines Group SA

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Income Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
46
74
103
109
114
114
114
113
115
118
117
125
120
114
99
89
95
159
230
296
388
417
459
484
449
429
403
365
375
379
374
375
370
362
385
385
394
403
385
423
460
488
529
531
531
544
569
558
544
508
531
589
639
722
748
818
841
884
912
824
793
730
683
707
726
747
821
783
0
0
Revenue
1 428
N/A
1 382
-3%
1 363
-1%
1 377
+1%
1 452
+5%
1 502
+3%
1 542
+3%
1 585
+3%
1 639
+3%
1 735
+6%
1 836
+6%
1 961
+7%
2 093
+7%
2 209
+6%
2 316
+5%
2 410
+4%
2 506
+4%
2 627
+5%
2 747
+5%
2 887
+5%
3 034
+5%
3 137
+3%
3 220
+3%
3 332
+3%
3 525
+6%
3 681
+4%
3 876
+5%
4 101
+6%
4 534
+11%
4 002
-12%
3 781
-6%
3 565
-6%
3 519
-1%
3 678
+5%
3 933
+7%
4 171
+6%
4 391
+5%
4 708
+7%
5 009
+6%
5 342
+7%
5 585
+5%
5 767
+3%
6 012
+4%
7 816
+30%
9 722
+24%
11 536
+19%
12 994
+13%
13 005
+0%
12 925
-1%
12 684
-2%
12 648
0%
12 426
-2%
12 094
-3%
11 696
-3%
11 037
-6%
10 413
-6%
9 740
-6%
9 281
-5%
8 936
-4%
8 878
-1%
8 988
+1%
9 114
+1%
9 292
+2%
9 424
+1%
9 614
+2%
9 868
+3%
9 979
+1%
9 868
-1%
9 895
+0%
9 713
-2%
9 746
+0%
9 952
+2%
10 070
+1%
9 905
-2%
8 057
-19%
5 870
-27%
3 924
-33%
2 500
-36%
2 884
+15%
3 755
+30%
4 884
+30%
5 959
+22%
7 309
+23%
8 591
+18%
9 363
+9%
10 217
+9%
10 674
+4%
11 141
+4%
11 641
+4%
12 136
+4%
12 487
+3%
12 707
+2%
12 833
+1%
12 914
+1%
13 174
+2%
13 728
+4%
Gross Profit
Cost of Revenue
(878)
(850)
(874)
(883)
(868)
(987)
(986)
(1 000)
(1 011)
(1 044)
(1 086)
(1 162)
(1 263)
(1 348)
(1 442)
(1 537)
(1 567)
(1 629)
(1 695)
(1 727)
(1 811)
(1 861)
(1 924)
(2 018)
(2 160)
(2 371)
(2 603)
(2 844)
(2 859)
(2 797)
(2 660)
(2 520)
(2 523)
(2 619)
(2 736)
(2 859)
(3 013)
(3 270)
(3 581)
(3 859)
(4 079)
(4 246)
(4 449)
(5 992)
(7 643)
(9 220)
(10 428)
(10 274)
(10 054)
(9 805)
(9 787)
(9 794)
(9 625)
(9 206)
(8 717)
(8 182)
(7 637)
(7 261)
(7 004)
(6 923)
(6 967)
(7 163)
(7 238)
(7 272)
(7 442)
(7 560)
(7 689)
(7 726)
(7 773)
(7 819)
(7 874)
(7 914)
(7 951)
(7 776)
(6 727)
(5 589)
(4 513)
(3 711)
(3 853)
(4 411)
(4 963)
(5 682)
(6 670)
(7 495)
(8 103)
(8 510)
(8 520)
(8 538)
(8 817)
(9 041)
(9 370)
(9 578)
(9 566)
(9 572)
(9 592)
(9 805)
Gross Profit
551
N/A
532
-3%
489
-8%
494
+1%
584
+18%
515
-12%
556
+8%
586
+5%
627
+7%
691
+10%
750
+8%
799
+7%
830
+4%
861
+4%
874
+2%
873
0%
940
+8%
998
+6%
1 051
+5%
1 160
+10%
1 223
+5%
1 276
+4%
1 296
+2%
1 314
+1%
1 364
+4%
1 309
-4%
1 273
-3%
1 257
-1%
1 676
+33%
1 205
-28%
1 121
-7%
1 045
-7%
996
-5%
1 059
+6%
1 197
+13%
1 312
+10%
1 378
+5%
1 438
+4%
1 428
-1%
1 483
+4%
1 507
+2%
1 521
+1%
1 563
+3%
1 823
+17%
2 080
+14%
2 316
+11%
2 566
+11%
2 731
+6%
2 870
+5%
2 879
+0%
2 861
-1%
2 632
-8%
2 469
-6%
2 490
+1%
2 320
-7%
2 231
-4%
2 103
-6%
2 020
-4%
1 932
-4%
1 955
+1%
2 021
+3%
1 951
-3%
2 054
+5%
2 152
+5%
2 172
+1%
2 308
+6%
2 291
-1%
2 142
-6%
2 122
-1%
1 894
-11%
1 872
-1%
2 038
+9%
2 119
+4%
2 129
+0%
1 331
-37%
281
-79%
(590)
N/A
(1 211)
-105%
(969)
+20%
(656)
+32%
(79)
+88%
277
N/A
639
+131%
1 095
+72%
1 259
+15%
1 707
+36%
2 153
+26%
2 603
+21%
2 824
+8%
3 095
+10%
3 117
+1%
3 129
+0%
3 267
+4%
3 342
+2%
3 582
+7%
3 923
+10%
Operating Income
Operating Expenses
(500)
(500)
(460)
(446)
(522)
(448)
(482)
(498)
(519)
(546)
(580)
(622)
(661)
(698)
(730)
(759)
(801)
(848)
(891)
(939)
(924)
(922)
(908)
(898)
(955)
(872)
(806)
(706)
(1 142)
(598)
(568)
(581)
(542)
(598)
(658)
(710)
(755)
(805)
(851)
(902)
(967)
(1 021)
(1 097)
(1 446)
(1 803)
(2 065)
(2 303)
(2 319)
(2 285)
(2 380)
(2 394)
(2 276)
(1 928)
(1 747)
(1 577)
(1 467)
(1 655)
(1 581)
(1 511)
(1 504)
(1 528)
(1 514)
(1 570)
(1 602)
(1 465)
(1 500)
(1 432)
(1 276)
(1 182)
(1 142)
(1 158)
(1 283)
(1 366)
(1 514)
(1 455)
(1 239)
(1 222)
(899)
(762)
(996)
(1 009)
(1 142)
(1 394)
(1 311)
(1 727)
(1 796)
(1 812)
(1 995)
(1 746)
(1 866)
(1 854)
(1 756)
(1 726)
(1 637)
(1 706)
(1 793)
Selling, General & Administrative
(245)
0
0
(108)
(229)
(360)
(478)
(495)
(516)
(543)
(577)
(619)
(658)
(695)
(727)
(756)
(798)
(845)
(888)
(936)
(920)
(919)
(905)
(895)
(951)
(881)
(823)
(751)
(1 139)
(623)
(604)
(595)
(597)
(619)
(650)
(682)
(715)
(764)
(806)
(843)
(886)
(924)
(990)
(1 359)
(1 673)
(1 936)
(2 182)
(2 167)
(2 162)
(2 182)
(2 190)
(2 090)
(1 938)
(1 902)
(1 756)
(1 671)
(1 661)
(1 548)
(1 490)
(1 525)
(1 620)
(1 641)
(1 689)
(1 706)
(1 639)
(1 632)
(1 596)
(1 431)
(1 352)
(1 285)
(1 260)
(1 326)
(1 315)
(1 287)
(1 098)
(891)
(794)
(665)
(696)
(731)
(731)
(780)
(863)
(940)
(1 003)
(1 074)
(1 139)
(1 231)
(1 271)
(1 349)
(1 382)
(1 400)
(1 431)
(1 412)
(1 410)
(1 433)
Depreciation & Amortization
(52)
(56)
(30)
(18)
(68)
12
(3)
(4)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
0
0
0
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
(204)
(444)
(430)
(320)
(225)
(100)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
19
45
0
24
35
13
54
21
(9)
(28)
(40)
(41)
(46)
(59)
(82)
(98)
(107)
(87)
(130)
(129)
(122)
(152)
(123)
(199)
(204)
(185)
10
155
179
204
7
(33)
(21)
21
92
127
120
103
173
133
164
155
170
142
102
43
(50)
(227)
(357)
(348)
(428)
(234)
(66)
(265)
(278)
(362)
(531)
(371)
(724)
(722)
(673)
(765)
(475)
(516)
(472)
(356)
(295)
(226)
(296)
(360)
Operating Income
50
N/A
32
-37%
29
-8%
48
+65%
62
+29%
67
+8%
74
+11%
87
+18%
108
+24%
145
+34%
169
+17%
177
+4%
169
-4%
163
-4%
145
-11%
114
-22%
138
+22%
151
+9%
160
+6%
221
+38%
299
+36%
354
+18%
388
+10%
416
+7%
410
-1%
438
+7%
468
+7%
551
+18%
533
-3%
607
+14%
554
-9%
464
-16%
454
-2%
461
+1%
538
+17%
602
+12%
623
+3%
633
+2%
576
-9%
581
+1%
540
-7%
500
-7%
466
-7%
377
-19%
276
-27%
251
-9%
263
+5%
411
+56%
586
+42%
499
-15%
467
-6%
357
-24%
541
+52%
743
+37%
743
N/A
763
+3%
449
-41%
438
-2%
420
-4%
451
+7%
493
+9%
436
-12%
485
+11%
549
+13%
707
+29%
808
+14%
859
+6%
866
+1%
940
+9%
752
-20%
714
-5%
755
+6%
753
0%
615
-18%
(124)
N/A
(958)
-670%
(1 811)
-89%
(2 110)
-17%
(1 731)
+18%
(1 652)
+5%
(1 089)
+34%
(865)
+21%
(755)
+13%
(216)
+71%
(468)
-117%
(89)
+81%
342
N/A
607
+78%
1 078
+78%
1 229
+14%
1 262
+3%
1 373
+9%
1 541
+12%
1 705
+11%
1 876
+10%
2 130
+14%
Pre-Tax Income
Interest Income Expense
(30)
5
0
(4)
(37)
(1)
7
13
(22)
16
12
10
(24)
14
19
26
(20)
22
17
11
(47)
14
21
28
(48)
16
(30)
(75)
(73)
(97)
(80)
(63)
(164)
(107)
(117)
(116)
(126)
(92)
(94)
(111)
(124)
(63)
30
12
(149)
(100)
(652)
(716)
(867)
(882)
(402)
(504)
(449)
(671)
(705)
(796)
(767)
(503)
(450)
(223)
(188)
(209)
(341)
(277)
(325)
(408)
(584)
(778)
(514)
(514)
(319)
(319)
(576)
(583)
(545)
(417)
(529)
(589)
(631)
(657)
(596)
(606)
(647)
(782)
(886)
237
315
465
(597)
(460)
(492)
(560)
(506)
(581)
(649)
(631)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 729)
(2 219)
(2 277)
(2 719)
(1 082)
(1 278)
(1 397)
(2 337)
(2 293)
(1 763)
(1 768)
1 680
1 728
1 883
2 066
0
0
0
0
0
0
0
0
Total Other Income
(8)
(31)
(32)
(32)
13
(22)
(22)
(22)
16
(25)
(13)
(2)
46
11
19
26
55
42
23
0
34
(75)
(83)
(84)
5
(68)
(32)
(67)
(58)
(147)
(177)
(140)
(12)
(52)
(50)
(48)
6
(28)
(27)
(29)
(33)
(84)
(88)
(95)
0
(72)
(53)
(32)
(3)
1
(32)
(24)
(27)
(28)
(15)
(34)
(39)
(46)
(45)
(48)
(31)
(24)
(14)
(6)
(7)
(5)
(4)
(9)
(11)
(14)
(19)
(17)
(35)
(38)
(30)
(38)
(47)
(55)
(72)
(76)
(63)
(61)
(55)
(45)
1 020
(23)
(18)
(11)
115
(12)
(4)
(1)
(42)
(41)
(47)
(142)
Pre-Tax Income
12
N/A
5
-56%
(2)
N/A
12
N/A
38
+222%
44
+14%
59
+36%
78
+33%
103
+31%
135
+31%
168
+24%
184
+10%
192
+4%
188
-2%
182
-3%
165
-9%
173
+5%
215
+24%
200
-7%
231
+16%
287
+24%
294
+2%
326
+11%
360
+11%
368
+2%
386
+5%
406
+5%
409
+1%
402
-2%
364
-10%
297
-18%
261
-12%
278
+6%
302
+9%
371
+23%
439
+18%
502
+14%
513
+2%
455
-11%
441
-3%
382
-13%
353
-8%
409
+16%
295
-28%
127
-57%
80
-37%
(442)
N/A
(336)
+24%
(284)
+15%
(382)
-34%
33
N/A
(171)
N/A
65
N/A
44
-33%
23
-48%
(66)
N/A
(357)
-444%
(111)
+69%
(74)
+33%
180
N/A
274
+52%
204
-26%
131
-36%
266
+104%
374
+41%
395
+6%
271
-31%
78
-71%
416
+432%
223
-46%
376
+68%
419
+12%
142
-66%
(1 735)
N/A
(2 919)
-68%
(3 689)
-26%
(5 106)
-38%
(3 835)
+25%
(3 712)
+3%
(3 782)
-2%
(4 084)
-8%
(3 826)
+6%
(3 220)
+16%
(2 811)
+13%
1 346
N/A
1 852
+38%
2 522
+36%
3 127
+24%
596
-81%
757
+27%
767
+1%
812
+6%
994
+22%
1 083
+9%
1 180
+9%
1 357
+15%
Net Income
Tax Provision
1
2
3
0
(7)
(8)
(11)
(14)
(18)
(24)
(31)
(35)
(28)
(27)
(25)
(21)
(28)
(35)
(32)
(37)
(47)
(49)
(53)
(59)
(60)
(62)
(64)
(65)
(65)
(59)
(49)
(43)
(44)
(50)
(61)
(71)
(81)
(83)
(74)
(72)
(62)
(56)
(73)
(128)
(102)
(121)
30
50
20
40
(107)
(51)
(142)
(106)
(76)
2
178
73
(4)
(138)
(163)
(134)
(100)
(74)
(174)
(163)
(121)
(69)
(74)
(44)
(54)
(48)
54
(136)
218
327
550
970
968
918
(569)
(775)
(1 132)
(1 144)
(9)
(13)
(14)
(90)
(15)
(37)
(45)
(20)
(16)
(9)
(10)
(108)
Income from Continuing Operations
12
7
0
12
31
35
48
64
84
111
138
150
163
161
157
144
145
181
167
194
240
245
273
301
308
324
342
345
337
305
248
218
233
252
310
367
421
430
381
369
321
297
336
167
24
(41)
(412)
(286)
(264)
(341)
(73)
(221)
(77)
(62)
(53)
(64)
(179)
(38)
(78)
42
111
69
31
193
201
232
150
9
342
179
322
371
196
(1 871)
(2 702)
(3 363)
(4 556)
(2 866)
(2 744)
(2 864)
(4 653)
(4 601)
(4 353)
(3 955)
1 337
1 839
2 508
3 037
582
720
722
791
977
1 074
1 171
1 249
Income to Minority Interest
(2)
(2)
(2)
(2)
0
0
1
(0)
(1)
(1)
(0)
1
0
1
(0)
0
2
(1)
3
3
1
3
1
0
0
(2)
(2)
(1)
(1)
(3)
(2)
(3)
(2)
2
1
(3)
(1)
(1)
4
4
0
3
(3)
(8)
(13)
(12)
(20)
(15)
(17)
(24)
(21)
(33)
(33)
(46)
(46)
(41)
(41)
(39)
(42)
(44)
(41)
(37)
(44)
(50)
(45)
(50)
(38)
(23)
(32)
(22)
(19)
(17)
(5)
2
5
6
10
9
8
10
6
4
2
1
2
2
2
0
0
(2)
(3)
(3)
(0)
(0)
(1)
(1)
Net Income (Common)
11
N/A
5
-56%
(2)
N/A
11
N/A
31
+192%
35
+14%
49
+38%
64
+31%
84
+31%
110
+31%
138
+25%
151
+10%
164
+8%
162
-1%
157
-3%
144
-8%
147
+2%
180
+22%
170
-6%
198
+16%
241
+22%
248
+3%
274
+11%
301
+10%
308
+2%
322
+4%
340
+6%
344
+1%
336
-2%
302
-10%
246
-19%
215
-13%
231
+8%
254
+10%
311
+22%
365
+17%
420
+15%
429
+2%
384
-10%
372
-3%
320
-14%
299
-7%
333
+11%
160
-52%
11
-93%
(53)
N/A
(432)
-723%
(301)
+30%
(281)
+7%
(365)
-30%
(94)
+74%
(254)
-170%
(110)
+57%
(108)
+1%
(99)
+8%
(105)
-6%
(219)
-110%
(77)
+65%
(120)
-55%
(2)
+99%
69
N/A
33
-53%
(13)
N/A
143
N/A
155
+9%
182
+17%
112
-38%
(13)
N/A
310
N/A
158
-49%
303
+92%
354
+17%
190
-46%
(1 870)
N/A
(2 697)
-44%
(3 356)
-24%
(4 546)
-35%
(2 857)
+37%
(2 736)
+4%
(2 855)
-4%
(4 647)
-63%
(4 597)
+1%
(4 350)
+5%
(3 954)
+9%
1 339
N/A
1 841
+37%
2 510
+36%
3 037
+21%
582
-81%
718
+23%
719
+0%
788
+10%
977
+24%
1 074
+10%
1 170
+9%
1 248
+7%
EPS (Diluted)
0.03
N/A
0.02
-33%
0
N/A
0.03
N/A
0.09
+200%
0.11
+22%
0.15
+36%
0.2
+33%
0.26
+30%
0.34
+31%
0.43
+26%
0.47
+9%
0.5
+6%
0.5
N/A
0.48
-4%
0.44
-8%
0.45
+2%
0.54
+20%
0.51
-6%
0.6
+18%
0.74
+23%
0.76
+3%
0.78
+3%
0.86
+10%
0.89
+3%
0.92
+3%
0.97
+5%
0.98
+1%
0.97
-1%
0.87
-10%
0.71
-18%
0.62
-13%
0.67
+8%
0.73
+9%
0.89
+22%
1.05
+18%
1.21
+15%
1.23
+2%
1.11
-10%
1.07
-4%
0.92
-14%
0.86
-7%
0.95
+10%
0.33
-65%
0.03
-91%
-0.1
N/A
-0.89
-790%
-0.62
+30%
-0.58
+6%
-0.66
-14%
-0.17
+74%
-0.48
-182%
-0.2
+58%
-0.2
N/A
-0.18
+10%
-0.19
-6%
-0.4
-111%
-0.14
+65%
-0.22
-57%
0
N/A
0.01
N/A
0.05
+400%
-0.01
N/A
0.24
N/A
0.01
-96%
0.29
+2 800%
0.18
-38%
-0.02
N/A
0.03
N/A
0.26
+767%
0.5
+92%
0.58
+16%
0.02
-97%
-3.08
N/A
-4.45
-44%
-5.53
-24%
-0.41
+93%
-4.71
-1 049%
-0.24
+95%
-0.26
-8%
-0.42
-62%
-0.42
N/A
-0.4
+5%
-0.36
+10%
0.01
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A

See Also

Summary
LTMAY intrinsic value, competitors valuation, and company profile.
DCF Valuation
LTMAY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
LTMAY stock valuation using valuation multiples.
Wall Street Estimates
LTMAY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
LTMAY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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