# Latam Airlines Group S.a. (LTM)

Source page: https://stoqly.net/companies/ltm

- **Ticker:** LTM (NYSE)
- **Sector:** Industrials / Air Transportation, Scheduled
- **SEC CIK:** 0001047716
- **Latest annual report:** 20-F filed 2026-03-05 (https://www.sec.gov/Archives/edgar/data/1047716/000104771626000046/ltm-20251231.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $42.38 on 2026-10-30
- **Revenue (FY2025):** $14.3B
- **Revenue growth:** +11.2%
- **Revenue growth, 5-year CAGR:** +29.5%
- **Gross margin:** 29.2%
- **Operating margin:** 16.4%
- **Net margin:** 10.2%
- **Free cash flow:** $2.0B
- **Free cash flow margin:** 13.7%
- **Return on invested capital:** 29.0%
- **Return on equity:** 141.1%
- **Net debt:** $5.9B
- **Net debt / EBITDA:** 1.5x
- **Change in share count:** −2.5%
- **Piotroski F-score:** 7/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/ltm/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 8,988 | 9,614 | 9,895 | 10,070 | 3,924 | 4,884 | 9,363 | 11,641 | 12,833 | 14,265 |
| Operating income | 493 | 862 | 940 | 753 | -4,530 | -3,426 | 1,212 | 1,078 | 1,541 | 2,336 |
| Net income | 69 | 109 | 310 | 190 | -4,546 | -4,647 | 1,339 | 582 | 977 | 1,460 |
| Diluted EPS (US$) | 0.13 | 0.18 | 0.51 | 0.31 | -7.50 | -7.66 | 0.01 | 0.00 | 0.00 | 0.00 |
| Operating cash flow | 981 | 2,187 | 2,073 | 2,827 | -495 | -174 | 97 | 2,264 | 3,106 | 3,737 |
| Free cash flow | 287 | 1,783 | 1,413 | 1,550 | -819 | -771 | -684 | 1,468 | 1,781 | 1,961 |
| Cash | 949 | 1,142 | 1,082 | 1,073 | 1,696 | 1,047 | 1,217 | 1,715 | 1,958 | 2,150 |
| Debt and leases | 8,605 | 11,039 | 10,120 | 10,366 | 10,854 | 10,396 | 6,782 | 6,936 | 7,150 | 8,089 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.