LATAM Airlines Group S.A. Financial Statements
NYSE: LTMConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
LATAM Airlines Group S.A. revenue and earnings
In fiscal 2025, LATAM Airlines Group S.A. generated $14.27 billion in revenue, up 11.2% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $1.46 billion (+49.4% year over year), for a net margin of 10.2% versus a median of 5.0% in the prior 5 years. Gross margin was 29.2% (up from 25.5%) and operating margin 16.4%.
Diluted earnings per share came in at $0.0025, up from $0.0016. Over the last 5 fiscal years, LTM's revenue has grown at a 29.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
LATAM Airlines Group S.A. income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.27B | 12.83B | 11.64B | 9.36B | 4.88B | 3.92B | 10.07B | 9.90B | 9.61B | 8.99B |
| Revenue growth (YoY) | +11.16% | +10.24% | +24.33% | +91.70% | +24.48% | -61.04% | +1.76% | +2.93% | +6.96% | -7.72% |
| Cost of Revenue | 10.10B | 9.57B | 8.82B | 8.10B | 4.96B | 4.51B | 7.95B | 7.77B | 7.28B | 6.97B |
| Gross Profit | 4.16B | 3.27B | 2.82B | 1.26B | -79.47M | -589.56M | 2.12B | 2.12B | 2.33B | 2.02B |
| Operating Expenses | 8.48B | 8.27B | 7.83B | 7.19B | 4.02B | 3.65B | 6.42B | 6.29B | 5.89B | 6.05B |
| Operating Income | 2.34B | 1.54B | 1.08B | 1.21B | -3.43B | -4.53B | 753.13M | 940.48M | 861.67M | 493.30M |
| Interest Expense | 721.42M | 881.95M | 698.23M | 942.40M | 805.54M | 586.98M | 589.93M | 539.14M | 579.23M | 416.34M |
| Other Income (Expense) | -1.20M | -36.22M | -91.04M | -347.08M | 30.67M | -1.87B | 11.53M | 53.50M | -7.75M | -72.63M |
| Pretax Income | 1.62B | 993.93M | 596.49M | 1.35B | -4.08B | -5.11B | 141.92M | 415.67M | 313.38M | 273.87M |
| Income Tax | 155.06M | 16.49M | 14.94M | 8.91M | 568.93M | -550.19M | -53.70M | 73.88M | 159.00M | 163.20M |
| Net Income | 1.46B | 976.97M | 581.83M | 1.34B | -4.65B | -4.55B | 190.43M | 309.81M | 108.90M | 69.22M |
| Net Income growth (YoY) | +49.44% | +67.91% | -56.55% | — | — | -2487.17% | -38.53% | +184.50% | +57.32% | — |
| EPS (Basic) | 0.0025 | 0.0016 | 0.001 | 0.0139 | -7.66 | -7.50 | 0.314 | 0.5109 | 0.1796 | 0.1267 |
| EPS (Diluted) | 0.0025 | 0.0016 | 0.001 | 0.0136 | -7.66 | -7.50 | 0.314 | 0.5109 | 0.1796 | 0.1267 |
| Shares Outstanding (Basic) | 589.30B | 604.44B | 604.44B | 96.61B | 606.41M | — | — | — | — | — |
| EBITDA | 4.07B | 2.99B | 2.28B | 2.39B | -2.26B | -3.14B | 2.22B | 2.31B | 2.24B | 1.45B |
| Gross Margin | 29.16% | 25.46% | 24.26% | 13.45% | -1.63% | -15.03% | 21.04% | 21.44% | 24.28% | 22.49% |
| Operating Margin | 16.37% | 12.01% | 9.26% | 12.94% | -70.14% | -115.46% | 7.48% | 9.50% | 8.96% | 5.49% |
| Net Margin | 10.23% | 7.61% | 5.00% | 14.30% | -95.16% | -115.86% | 1.89% | 3.13% | 113.00% | 77.00% |
This table shows 10 annual periods of LATAM Airlines Group S.A.'s income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LTM's reporting calendar. What is a income statement?