LTM on NYSE

LATAM AIRLINES GROUP S.A.

LATAM AIRLINES GROUP S.A. is an air transportation company, listed on NYSE (LTM).1

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

Last updated Oct 21, 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

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 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 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
0$5.0B$10.0B$15.0B2018: $9.9B$9.9B20182019: $10.1B$10.1B2019+2%2020: $3.9B$3.9B2020−61%2021: $4.9B$4.9B2021+24%2022: $9.4B$9.4B2022+92%2023: $11.6B$11.6B2023+24%2024: $12.8B$12.8B2024+10%2025: $14.3B$14.3B2025+11%
Gross profit6789103$4.2B in 2025+96% since 2018
-$2.0B0$2.0B$4.0B$6.0B2018: $2.1B$2.1B20182019: $2.1B$2.1B2019−0%2020: -$589.6M-$589.6M20202021: -$79.5M-$79.5M2021−87%2022: $1.3B$1.3B20222023: $2.8B$2.8B2023+124%2024: $3.3B$3.3B2024+16%2025: $4.2B$4.2B2025+27%
Operating income6789103$2.3B in 2025+148% since 2018
-$6.0B-$4.0B-$2.0B0$2.0B$4.0B2018: $940.5M$940.5M20182019: $753.1M$753.1M2019−20%2020: -$4.5B-$4.5B20202021: -$3.4B-$3.4B2021−24%2022: $1.2B$1.2B20222023: $1.1B$1.1B2023−11%2024: $1.5B$1.5B2024+43%2025: $2.3B$2.3B2025+52%
Net income6789103$1.5B in 2025+328% since 2018
-$6.0B-$4.0B-$2.0B0$2.0B2018: $341.8M$341.8M20182019: $195.6M$195.6M2019−43%2020: -$4.6B-$4.6B20202021: -$4.7B-$4.7B2021+2%2022: $1.3B$1.3B20222023: $581.5M$581.5M2023−57%2024: $977.4M$977.4M2024+68%2025: $1.5B$1.5B2025+50%
Fiscal year20182019202020212022202320242025
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 shares996.6B shares10604.4B shares3604.4B shares3589.3B shares3

Compare LATAM AIRLINES GROUP S.A. with another company

Corporate structure

LATAM AIRLINES GROUP S.A. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of LATAM AIRLINES GROUP S.A.

  • Sixth Street Partners Management Company, L.P. Filed SCHEDULE 13D/A on LATAM AIRLINES GROUP S.A., latest Feb 11, 2026 (7 filings since Nov 14, 2022)
  • Strategic Value Partners, LLC Filed SCHEDULE 13D/A on LATAM AIRLINES GROUP S.A., latest Sep 26, 2025 (9 filings since Nov 14, 2022)
  • Sculptor Capital LP Filed SC 13G/A on LATAM AIRLINES GROUP S.A., latest Feb 14, 2024 (3 filings since Nov 14, 2022)
  • Costa Verde Aeronautica S.A. Filed SC 13D/A on LATAM AIRLINES GROUP S.A., latest Nov 15, 2022 (4 filings since Dec 1, 2021)
  • Delta Air Lines Filed SC 13D/A on LATAM AIRLINES GROUP S.A., latest Nov 14, 2022 (4 filings since Dec 13, 2021)
  • Qatar Airways Investments (UK) Ltd. Filed SC 13D/A on LATAM AIRLINES GROUP S.A., latest Nov 14, 2022 (4 filings since Dec 16, 2021)
  • LATAM AIRLINES GROUP S.A.

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What LATAM AIRLINES GROUP S.A. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$11.9B3 Dec 31, 2025$10.2B3 Dec 31, 2024+17.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.2B3 Dec 31, 2025$2.0B3 Dec 31, 2024+9.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.1B3 Dec 31, 2025$1.0B3 Dec 31, 2024+13.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$458.6M3 Dec 31, 2025$438.5M3 Dec 31, 2024+4.6%

Former names

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

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.30 a share, on Nov 14, 2025.13

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

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

  1. Oct 8, 20266-K EDGAR
  2. Sep 8, 20266-K EDGAR
  3. Sep 2, 20266-K EDGAR
  4. Aug 10, 20266-K EDGAR
  5. Aug 4, 20266-K EDGAR
  6. Aug 4, 20266-K EDGAR
  7. Aug 3, 20266-K EDGAR
  8. Jul 10, 20266-K EDGAR
  9. Jul 8, 20266-K EDGAR
  10. Jun 8, 20266-K EDGAR
  11. May 12, 20266-K EDGAR
  12. May 5, 20266-K EDGAR
  13. May 5, 20266-K EDGAR
  14. Apr 23, 20266-K EDGAR
  15. Apr 23, 20266-K EDGAR
  16. Apr 9, 20266-K EDGAR
  17. Apr 8, 20266-K EDGAR
  18. Mar 9, 20266-K EDGAR
  19. Mar 5, 202620-F EDGAR
  20. 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.

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.

FundSharesValueShare of the fundChange
Newport Trust Company, LLC3,242,366$188.9M0.5%No change
Ninety One UK Ltd1,806,307$105.3M0.2%New
Morgan Stanley1,742,056$101.5M0.0%−213,054
Robeco Institutional Asset Management B.V.1,452,921$84.7M0.1%−671,531
Citadel Advisors LLC1,280,430$74.6M0.0%−139,248
SPX Gestao de Recursos Ltda1,046,638$61.0M6.8%+164,662
Alliancebernstein L.P.1,182,639$58.5M0.0%−22,246
Two Sigma Investments, LP933,781$54.4M0.0%−414,429
Renaissance Technologies LLC918,400$53.5M0.1%−348,800
William Blair Investment Management, LLC808,628$47.1M0.1%−72,829
INCA Investments LLC807,079$47.0M13.3%No change
Vanguard Capital Management LLC737,008$42.9M0.0%+28,602
UBS Group AG733,013$42.7M0.0%−203,856
Mackenzie Financial Corp669,818$39.0M0.0%+159,540
Ninety One North America, Inc.620,111$36.1M1.7%New
Goldman Sachs Group Inc591,328$34.5M0.0%−214,175
Olympus Peak Asset Management LP465,522$27.1M100.0%−1,611,473
Jpmorgan Chase & Co397,202$23.3M0.0%−423,633
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.326,007$19.0M13.4%+305,355
Bank Of America Corp /de/306,461$17.9M0.0%−39,941
Capital Wealth Planning, LLC277,590$16.2M0.1%+48,600
Advisory Research Inc274,022$16.0M1.6%+175,499
Dimensional Fund Advisors LP251,180$14.6M0.0%+13,215
Millennium Management LLC249,565$14.5M0.0%−84,059
Arrowstreet Capital, Limited Partnership249,541$14.5M0.0%New

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

SEC filer profile

How LATAM AIRLINES GROUP S.A. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLATAM AIRLINES GROUP S.A.1
  • CIK0001047716
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company5
  • Incorporated inChile5
  • Fiscal year endsDecember 311
  • Industry code (SIC)4512 Air Transportation, Scheduled1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressPresidente Riesco 5711 20Th Floor, Las Condes, Santiago, Chile1
  • Phone(56) (2) 256538441
  • Shares outstanding574,215,983,709 shares as of Dec 31, 20255
  • AuditorPricewaterhouseCoopers ConsultoresAuditores y Compañia Limitada, Santiago, Chile PCAOB ID 1364; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceFeb 19, 20021
  • Filings854 in all: 6-K (599), 425 (44), 20-F (25), UPLOAD (25), SC 13D/A (21), CORRESP (18), 424B7 (12), CT ORDER (11)1
    All 38 form types

    SCHEDULE 13D/A (11), SC 13G (8), 20-F/A (7), F-4/A (7), 6-K/A (6), SC 13D (6), SC 13G/A (6), SC TO-T/A (5), 424B3 (4), F-6EF (4), 424B2 (3), CB/A (3), EFFECT (3), F-3ASR (3), SC14D9C (3), CB (2), F-4 (2), F-6 (2), F-6 POS (2), SC TO-C (2), 144 (1), 25-NSE (1), 8-A12B (1), 8-A12B/A (1), CERT (1), F-1 (1), F-1/A (1), F-X (1), RW (1), SC TO-T (1)

  • Latest filingsAnnual report (20-F) Mar 5, 2026

Securities registered for trading

ClassSymbolExchange
LTMNew York Stock Exchange

From the cover page of the 20-F filed Mar 5, 2026 (Section 12(b) of the Exchange Act).5