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LATAM AIRLINES GROUP S.A.

Air transportation company, listed on NYSE (LTM). Summary from the record

$47.56 down 0.94 (1.94%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 19, 2026.

Overview

$14.3BRevenue, fiscal 2025³

$1.5BNet income, fiscal 2025³

Compare with Alaska Air Group, JetBlue Airways or Southwest Airlines, or pick any stock.

TickerLTM on NYSE¹
IndustryAir Transportation, Scheduled¹
Business addressPresidente Riesco 5711 20Th Floor, Las Condes, Santiago⁴
Filer categoryLarge accelerated filer⁴

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LATAM Airlines Argentina continues to be a consolidated affiliate, however, on June 17, 2020, it announced the indefinite cessation of its passenger and cargo operations.⁵ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

29.2%Gross margin³

16.4%Operating margin³

10.3%Net margin³

11.2%Revenue growth, 2025³

109.4%Return on equity³

$2.0BFree cash flow³

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueOther costs

Cost of revenue71¢$10.1B
Other costs13¢$1.8B
Interest5¢$721.4M
Income tax1¢$155.1M
Profit10¢$1.5B

Out of $14.3B in revenue.³

Where each dollar of operating cash went, fiscal 2025

Capital spendingDividends paidShare buybacksKept or used elsewhere

Capital spending48¢$1.8B
Dividends paid16¢$605.2M
Share buybacks16¢$584.8M
Kept or used elsewhere21¢$771.3M

Out of $3.7B of cash from operations.³

Financial statements

Revenue⁶⁷⁸⁹¹⁰³$14.3B in 2025+44% since 2018

Gross profit⁶⁷⁸⁹¹⁰³$4.2B in 2025+96% since 2018

Operating income⁶⁷⁸⁹¹⁰³$2.3B in 2025+148% since 2018

Net income⁶⁷⁸⁹¹⁰³$1.5B in 2025+328% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	$9.9B⁶	$10.1B⁷	$3.9B⁸	$4.9B⁹	$9.4B¹⁰	$11.6B³	$12.8B³	$14.3B³
Cost of revenue				$5.0B⁹	$8.1B¹⁰	$8.8B³	$9.6B³	$10.1B³
Gross profit	$2.1B⁶	$2.1B⁷	-$589.6M⁸	-$79.5M⁹	$1.3B¹⁰	$2.8B³	$3.3B³	$4.2B³
Operating income	$940.5M⁶	$753.1M⁷	-$4.5B⁸	-$3.4B⁹	$1.2B¹⁰	$1.1B³	$1.5B³	$2.3B³
Interest				$805.5M⁹	$942.4M¹⁰	$698.2M³	$882.0M³	$721.4M³
Income before tax				-$4.1B⁹	$1.3B¹⁰	$596.5M³	$993.9M³	$1.6B³
Income tax				$568.9M⁹	$8.9M¹⁰	$14.9M³	$16.5M³	$155.1M³
Net income	$341.8M⁶	$195.6M⁷	-$4.6B⁸	-$4.7B⁹	$1.3B¹⁰	$581.5M³	$977.4M³	$1.5B³
Earnings per share	$0.51⁶	$0.31⁷	-$7.50⁸	-$7.66⁹	$0.01¹⁰	$0.00³	$0.00³	$0.00³
Earnings per share (diluted)	$0.51⁶	$0.31⁷	-$7.50⁸	-$7.66⁹	$0.01¹⁰	$0.00³	$0.00³	$0.00³
Shares (weighted, basic)				606.4M shares⁹	96.6B shares¹⁰	604.4B shares³	604.4B shares³	589.3B shares³

Total assets¹¹⁷⁸⁹¹⁰³$17.6B in 2025+555% since 2018

Total liabilities¹¹⁶⁷⁸⁹¹⁰³$16.3B in 2025−2% since 2018

Shareholders’ equity⁷⁸⁹¹⁰³$1.3B in 2025−61% since 2018

Cash⁷⁸⁹¹⁰³$2.2B in 2025+99% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023	2024	2025
Cash	$1.1B⁷	$1.1B⁸	$1.7B⁹	$1.0B¹⁰	$1.2B³	$1.7B³	$2.0B³	$2.2B³
Receivables				$881.8M⁸	$1.0B⁹	$1.4B¹⁰	$1.2B³	$1.4B³
Inventory				$287.3M⁸	$477.8M⁹	$592.9M¹⁰	$438.5M³	$458.6M³
Current assets				$2.6B⁸	$3.5B⁹	$4.2B¹⁰	$3.9B³	$4.4B³
Property, plant and equipment				$9.5B⁸	$8.4B⁹	$9.1B¹⁰	$10.2B³	$11.9B³
Intangible assets				$1.0B⁸	$1.1B⁹	$1.2B¹⁰	$1.0B³	$1.1B³
Total assets	$2.7B¹¹	$2.9B¹¹	$15.7B⁷	$13.3B⁸	$13.2B⁹	$14.7B¹⁰	$15.3B³	$17.6B³
Accounts payable				$4.8B⁸	$1.6B⁹	$1.8B¹⁰	$2.1B³	$2.7B³
Short-term debt				$3.9B⁸	$629.1M⁸
Current liabilities				$12.3B⁸	$5.1B⁹	$5.7B¹⁰	$6.3B³	$7.3B³
Long-term debt				$3.6B⁷
Long-term liabilities				$8.0B⁸	$8.1B⁹	$8.5B¹⁰	$8.3B³	$9.0B³
Total liabilities	$16.6B¹¹	$18.0B⁶	$18.1B⁷	$20.4B⁸	$13.2B⁹	$14.2B¹⁰	$14.5B³	$16.3B³
Retained earnings				-$8.8B⁸	-$7.5B⁹	$464.4M¹⁰	$1.1B³	$2.2B³
Shareholders’ equity	$3.4B⁷	$3.1B⁸	-$2.4B⁹	-$7.1B¹⁰	$30.7M³	$438.3M³	$711.3M³	$1.3B³
Shares outstanding	606.4M shares¹²	606.4M shares¹¹	606.4M shares⁶	606.4M shares⁷	605.2B shares⁸	604.4B shares⁹	604.4B shares¹⁰	574.2B shares³

Cash from operations⁶⁷⁸⁹¹⁰³$3.7B in 2025+80% since 2018

Capital spending⁶⁷⁸⁹¹⁰³$1.8B in 2025+169% since 2018

Free cash flow⁶⁷⁸⁹¹⁰³$2.0B in 2025+39% since 2018

Dividends paid¹⁰³$605.2M in 2025

Share buybacks³$584.8M in 2025

Fiscal year	2018	2019	2020	2021	2022	2023	2024	2025
Cash from operations	$2.1B⁶	$2.8B⁷	-$494.7M⁸	-$174.2M⁹	$96.8M¹⁰	$2.3B³	$3.1B³	$3.7B³
Depreciation and amortization				$1.2B⁹	$1.2B¹⁰	$1.2B³	$1.4B³	$1.7B³
Capital spending	$660.7M⁶	$1.3B⁷	$324.3M⁸	$597.1M⁹	$780.5M¹⁰	$795.8M³	$1.3B³	$1.8B³
Free cash flow	$1.4B	$1.6B	-$819.0M	-$771.3M	-$683.7M	$1.5B	$1.8B	$2.0B
Cash from investing				-$552.5M⁹	-$749.0M¹⁰	-$659.5M³	-$1.2B³	-$1.6B³
Dividends paid					$0¹⁰	$0³	$174.8M³	$605.2M³
Share buybacks						$0³	$0³	$584.8M³
Cash from financing				$109.6M⁹	$855.0M¹⁰	-$1.2B³	-$1.6B³	-$2.0B³

Compare LATAM AIRLINES GROUP S.A. with another company

Former names

Lan Airlines SAOct 15, 2004 to Jun 22, 2012⁴
LAN CHILE SAFeb 19, 2002 to Sep 10, 2004⁴

Filings

282 filings to the SEC since October 2021: 5 annual reports, 31 large holders, 246 other. The latest 20:

Oct 8, 20266-K EDGAR
Sep 8, 20266-K EDGAR
Sep 2, 20266-K EDGAR
Aug 10, 20266-K EDGAR
Aug 4, 20266-K EDGAR
Aug 4, 20266-K EDGAR
Aug 3, 20266-K EDGAR
Jul 10, 20266-K EDGAR
Jul 8, 20266-K EDGAR
Jun 8, 20266-K EDGAR
May 12, 20266-K EDGAR
May 5, 20266-K EDGAR
May 5, 20266-K EDGAR
Apr 23, 20266-K EDGAR
Apr 23, 20266-K EDGAR
Apr 9, 20266-K EDGAR
Apr 8, 20266-K EDGAR
Mar 9, 20266-K EDGAR
Mar 5, 202620-F EDGAR
Mar 4, 20266-K EDGAR

The 282 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sixth Street Partners Management Company, L.P.SCHEDULE 13D/A, 7 filings Nov 14, 2022 to Feb 11, 2026¹³
Strategic Value Partners, LLCSCHEDULE 13D/A, 9 filings Nov 14, 2022 to Sep 26, 2025¹⁴
Sculptor Capital LPSC 13G/A, 3 filings Nov 14, 2022 to Feb 14, 2024¹⁵
Verde Aeronautica S.a. CostaSC 13D/A, 4 filings Dec 1, 2021 to Nov 15, 2022¹⁶
Qatar Airways Investments (UK) Ltd.SC 13D/A, 4 filings Dec 16, 2021 to Nov 14, 2022¹⁷

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Newport Trust Company, LLC	3,242,366	$188.9M	0.5%	No change
Ninety One UK Ltd	1,806,307	$105.3M	0.2%	New
Morgan Stanley	1,742,056	$101.5M	0.0%	−213,054
Robeco Institutional Asset Management B.V.	1,452,921	$84.7M	0.1%	−671,531
Citadel Advisors LLC	1,280,430	$74.6M	0.0%	−139,248
SPX Gestao de Recursos Ltda	1,046,638	$61.0M	6.8%	+164,662
Alliancebernstein L.P.	1,182,639	$58.5M	0.0%	−22,246
Two Sigma Investments, LP	933,781	$54.4M	0.0%	−414,429
Renaissance Technologies LLC	918,400	$53.5M	0.1%	−348,800
William Blair Investment Management, LLC	808,628	$47.1M	0.1%	−72,829
INCA Investments LLC	807,079	$47.0M	13.3%	No change
Vanguard Capital Management LLC	737,008	$42.9M	0.0%	+28,602
UBS Group AG	733,013	$42.7M	0.0%	−203,856
Mackenzie Financial Corp	669,818	$39.0M	0.0%	+159,540
Ninety One North America, Inc.	620,111	$36.1M	1.7%	New
Goldman Sachs Group Inc	591,328	$34.5M	0.0%	−214,175
Olympus Peak Asset Management LP	465,522	$27.1M	100.0%	−1,611,473
Jpmorgan Chase & Co	397,202	$23.3M	0.0%	−423,633
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.	326,007	$19.0M	13.4%	+305,355
Bank Of America Corp /de/	306,461	$17.9M	0.0%	−39,941
Capital Wealth Planning, LLC	277,590	$16.2M	0.1%	+48,600
Advisory Research Inc	274,022	$16.0M	1.6%	+175,499
Dimensional Fund Advisors LP	251,180	$14.6M	0.0%	+13,215
Millennium Management LLC	249,565	$14.5M	0.0%	−84,059
Arrowstreet Capital, Limited Partnership	249,541	$14.5M	0.0%	New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARLATAM AIRLINES GROUP S.A. filings on SEC EDGAR
2
Yahoo FinanceLTM quote
3
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2025
4
SEC EDGARLATAM AIRLINES GROUP S.A. filings on SEC EDGAR
5
SEC EDGARLATAM AIRLINES GROUP S.A. annual report, Item 1 (Business)
6
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2018
7
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2019
8
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2020
9
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2021
10
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2022
11
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2018
12
SEC EDGARLATAM AIRLINES GROUP S.A. 10-K for fiscal 2018
13
SEC EDGARSixth Street Partners Management Company, L.P. SCHEDULE 13D/A on LATAM AIRLINES GROUP S.A.
14
SEC EDGARStrategic Value Partners, LLC SCHEDULE 13D/A on LATAM AIRLINES GROUP S.A.
15
SEC EDGARSculptor Capital LP SC 13G/A on LATAM AIRLINES GROUP S.A.
16
SEC EDGARVerde Aeronautica S.a. Costa SC 13D/A on LATAM AIRLINES GROUP S.A.
17
SEC EDGARQatar Airways Investments (UK) Ltd. SC 13D/A on LATAM AIRLINES GROUP S.A.