LATAM Airlines Group S.A.

NYSE:LTM Stock Report

Market Cap: US$14.4b

LATAM Airlines Group Dividends and Buybacks

Dividend criteria checks 3/6

LATAM Airlines Group is a dividend paying company with a current yield of 2.78% that is well covered by earnings.

Key information

2.8%

Dividend yield

4.1%

Buyback Yield

Total Shareholder Yield6.8%
Future Dividend Yield3.8%
Dividend Growth-16.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio57%

Recent dividend and buyback updates

No updates

Recent updates

Seeking Alpha • May 05

LATAM Airlines: The Fuel Shock Looks Scary, But Margins May Hold Better Than Expected

Summary LATAM Airlines remains a Buy despite recent fuel price shocks, supported by strong demand, pricing power, and favorable FX dynamics. LTM's premium revenue mix, rational competition, and significant Brazilian exposure provide resilience against margin pressure from elevated jet fuel costs. With 40% of 2026 fuel hedged and robust BRL strength, LTM can partially offset fuel headwinds, limiting margin compression to mid-20s EBITDA. Valuation multiples reflect much of the fuel risk, while consensus expects margin recovery in FY '27, supporting continued bullish positioning. Read the full article on Seeking Alpha
Seeking Alpha • Jan 29

Latam's Positive Performance Will Likely Suffer As The Company Adds Leases

Summary Latam emerged from Chapter 11 in 2022 with reduced debt, giving it a financial edge over peers like Azul and Gol. Despite improved finances, Latam's capital requirements are high, and further debt for expansion could erode profitability. Latam's current P/E ratio of 10.7x isn't attractive due to potential net income decline from increased lease interest expenses. I recommend a Hold on LTM stock, as growth would likely require detrimental lease debt, impacting net income negatively. Read the full article on Seeking Alpha
Seeking Alpha • Aug 14

LATAM Airlines: Back From The Grave

Summary LTM was relisted on the NYSE with the correct share count and price transparency vs the OTC listing. LTM emerged from Chapter 11 with a de-risked balance sheet, far more efficient operation, and is executing above target that should drive EBITDA growth of 17%. At a target multiple of 5x EV/EBITDA, LTM shares have 64% upside potential with solid growth and cash flow prospects. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LTM's dividend payments have been volatile in the past 10 years.

Growing Dividend: LTM's dividend payments have fallen over the past 10 years.

Dividend Yield vs Market

LATAM Airlines Group Dividend Yield vs Market
How does LTM dividend yield compare to the market?
SegmentDividend Yield
Company (LTM)2.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Airlines)1.6%
Analyst forecast (LTM) (up to 3 years)3.8%

Notable Dividend: LTM's dividend (2.78%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: LTM's dividend (2.78%) is low compared to the top 25% of dividend payers in the US market (4.27%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.6%), LTM's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.6%), LTM's dividend payments are well covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 13:14
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pablo Monsivais MendozaBarclays
Pablo Monsivais MendozaBarclays
Murilo FreibergerBofA Global Research