LATAM Airlines Group Past Earnings Performance
Past criteria checks 5/6
LATAM Airlines Group has been growing earnings at an average annual rate of 53.1%, while the Airlines industry saw earnings growing at 54.8% annually. Revenues have been growing at an average rate of 24.3% per year. LATAM Airlines Group's return on equity is 129.5%, and it has net margins of 8.9%.
Key information
53.14%
Earnings growth rate
56.40%
EPS growth rate
| Airlines Industry Growth | 0.48% |
| Revenue growth rate | 24.30% |
| Return on equity | 129.47% |
| Net Margin | 8.88% |
| Next Earnings Update | 14 Nov 2025 |
Recent past performance updates
Recent updates
Investors Holding Back On LATAM Airlines Group S.A. (SNSE:LTM)
Oct 27
LATAM Airlines Group S.A. (SNSE:LTM) Shares Could Be 30% Below Their Intrinsic Value Estimate
Sep 14When Should You Buy LATAM Airlines Group S.A. (SNSE:LTM)?
Jul 11LATAM Airlines Group S.A.'s (SNSE:LTM) Subdued P/E Might Signal An Opportunity
Apr 16At CL$14.77, Is LATAM Airlines Group S.A. (SNSE:LTM) Worth Looking At Closely?
Mar 26LATAM Airlines Group S.A. (SNSE:LTM) Shares Could Be 47% Below Their Intrinsic Value Estimate
Mar 11
Cost Efficiency And Debt Refinancing Will Unlock Future Potential In The Airline Industry
Strategic focus on financial discipline and cost efficiency suggests potential improvements in net margins and stable earnings growth.Here's Why LATAM Airlines Group (SNSE:LTM) Can Manage Its Debt Responsibly
Jan 18Returns Are Gaining Momentum At LATAM Airlines Group (SNSE:LTM)
Dec 04Revenue & Expenses Breakdown
How LATAM Airlines Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 25 | 13,174 | 1,170 | 1,410 | 0 |
| 31 Mar 25 | 12,914 | 1,074 | 1,412 | 0 |
| 31 Dec 24 | 12,833 | 977 | 1,431 | 0 |
| 30 Sep 24 | 12,707 | 788 | 1,400 | 0 |
| 30 Jun 24 | 12,487 | 719 | 1,382 | 0 |
| 31 Mar 24 | 12,136 | 718 | 1,349 | 0 |
| 31 Dec 23 | 11,641 | 582 | 1,271 | 0 |
| 30 Sep 23 | 11,141 | 3,037 | 1,231 | 0 |
| 30 Jun 23 | 10,674 | 2,510 | 1,139 | 0 |
| 31 Mar 23 | 10,217 | 1,841 | 1,074 | 0 |
| 31 Dec 22 | 9,363 | 1,339 | 1,003 | 0 |
| 30 Sep 22 | 8,591 | -3,954 | 940 | 0 |
| 30 Jun 22 | 7,309 | -4,350 | 863 | 0 |
| 31 Mar 22 | 5,959 | -4,597 | 780 | 0 |
| 31 Dec 21 | 4,884 | -4,647 | 731 | 0 |
| 30 Sep 21 | 3,755 | -2,855 | 731 | 0 |
| 30 Jun 21 | 2,884 | -2,736 | 696 | 0 |
| 31 Mar 21 | 2,500 | -2,857 | 665 | 0 |
| 31 Dec 20 | 3,924 | -4,546 | 794 | 0 |
| 30 Sep 20 | 5,870 | -3,356 | 891 | 0 |
| 30 Jun 20 | 8,057 | -2,697 | 1,098 | 0 |
| 31 Mar 20 | 9,905 | -1,870 | 1,287 | 0 |
| 31 Dec 19 | 10,070 | 190 | 1,315 | 0 |
| 30 Sep 19 | 9,952 | 354 | 1,326 | 0 |
| 30 Jun 19 | 9,746 | 303 | 1,260 | 0 |
| 31 Mar 19 | 9,713 | 158 | 1,285 | 0 |
| 31 Dec 18 | 9,895 | 310 | 1,352 | 0 |
| 30 Sep 18 | 9,868 | -13 | 1,431 | 0 |
| 30 Jun 18 | 9,979 | 112 | 1,596 | 0 |
| 31 Mar 18 | 9,868 | 182 | 1,632 | 0 |
| 31 Dec 17 | 9,614 | 155 | 1,639 | 0 |
| 30 Sep 17 | 9,424 | 142 | 1,706 | 0 |
| 30 Jun 17 | 9,292 | -13 | 1,689 | 0 |
| 31 Mar 17 | 9,114 | 33 | 1,641 | 0 |
| 31 Dec 16 | 8,988 | 69 | 1,620 | 0 |
| 30 Sep 16 | 8,878 | -1 | 1,525 | 0 |
| 30 Jun 16 | 8,936 | -119 | 1,490 | 0 |
| 31 Mar 16 | 9,280 | -77 | 1,548 | 0 |
| 31 Dec 15 | 9,740 | -219 | 1,661 | 0 |
| 30 Sep 15 | 10,413 | -105 | 1,671 | 0 |
| 30 Jun 15 | 11,037 | -99 | 1,756 | 0 |
| 31 Mar 15 | 11,696 | -108 | 1,902 | 0 |
| 31 Dec 14 | 12,094 | -260 | 1,938 | 0 |
Quality Earnings: LTM has high quality earnings.
Growing Profit Margin: LTM's current net profit margins (8.9%) are higher than last year (5.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LTM has become profitable over the past 5 years, growing earnings by 53.1% per year.
Accelerating Growth: LTM's earnings growth over the past year (62.8%) exceeds its 5-year average (53.1% per year).
Earnings vs Industry: LTM earnings growth over the past year (62.8%) exceeded the Airlines industry 15.5%.
Return on Equity
High ROE: Whilst LTM's Return on Equity (129.47%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/14 03:35 |
| End of Day Share Price | 2025/11/14 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
LATAM Airlines Group S.A. is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pablo Monsivais Mendoza | Barclays |
| Pablo Monsivais Mendoza | Barclays |
| Murilo Freiberger | BofA Global Research |