Company Analysis

LATAM Airlines Group S.A. (LTM)

NYSE: LTM · Air Transportation, Scheduled · Santiago · filing with the SEC since 2002
Grade6.2
◀ Past 5.1● Present 6.7▶ Future 6.5
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 5, 2026Mar 13, 2025Feb 22, 2024Mar 10, 2023Mar 30, 2022Mar 10, 2021Mar 19, 2020Apr 15, 2019Apr 5, 2018Mar 29, 2017
Revenue14,265,05612,833,04311,640,5419,362,5214,884,0153,923,66710,070,0639,895,4569,613,9078,988,340
Cost of revenue10,104,8849,565,8998,816,5908,103,4834,963,4854,513,2287,951,2697,773,432r7,279,358r6,967,037
Gross profit4,160,1723,267,1442,823,9511,259,038-79,470-589,5612,118,7942,122,024r2,334,549r2,021,303
Sales and marketing578,971606,207587,272426,599291,820294,278580,046615,214r696,784r747,426
General and administrative870,484824,493683,311576,429439,494499,512735,218736,333r952,768r872,954
Total operating expenses8,481,0328,270,3117,831,2647,192,2384,023,3303,648,5116,424,5876,288,632r5,890,903r6,049,694
Operating income2,335,5381,541,0481,078,1651,211,578-3,425,785-4,530,086753,127940,484r861,672r493,299
Finance costs721,416881,950698,231942,403805,544586,979589,934539,137r579,233r416,336
Finance income146,275142,411125,3561,052,29521,10750,39726,28353,25378,69574,949
Other gains and losses-1,201-36,223-91,043-347,07730,674-1,874,78911,52553,499-7,754-72,634
Income before income taxes1,618,618993,934596,4921,346,051-4,084,207-5,105,723141,916415,665r313,384r273,874
Income tax expense155,05716,48914,9428,914568,935-550,188-53,69773,879r158,998r163,204
Income from continuing operations···1,337,137-4,653,142-4,555,535195,613341,786··
Net income1,463,561977,445581,5501,337,137-4,653,142-4,555,535195,613341,786r154,386r110,670
Net income to non-controlling interests3,577473-281-2,073-5,651-9,6485,18331,975r45,490r41,450
Net income to shareholders1,459,984976,972581,8311,339,210-4,647,491-4,545,887190,430309,811r108,896r69,220
Earnings per share, basic0.00250.00160.0010.0139-7.664r-7.49640.3140.5109r0.1796r0.1267
Earnings per share, diluted0.00250.00160.0010.0136-7.664r-7.49640.3140.5109r0.1796r0.1267
Weighted average shares, basic589,302,090,735604,437,877,587604,437,869,54596,614,464,231606,407,693·····
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales
Gross profit revenue less the cost of what it soldifrs-full:GrossProfit
Sales and marketing the cost of finding and serving customersifrs-full:DistributionCosts
General and administrative the cost of running the company itselfifrs-full:AdministrativeExpense
Total operating expenses the running costs togetherifrs-full:OperatingExpense
Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities
Finance costs what its borrowing costifrs-full:FinanceCosts
Finance income what its cash and investments earnedifrs-full:FinanceIncome
Other gains and losses gains and costs outside the businessifrs-full:OtherGainsLosses
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Income from continuing operations profit from the businesses it keepsifrs-full:ProfitLossFromContinuingOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests
Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent
Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare
Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare
Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares
SI Assistanton LTM · research, not advice