LATAM Airlines Group S.A.

LTM Industrials Airlines

LATAM Airlines Group S.A.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, up 11.2% from fiscal 2024.

Revenue
+18.0%
EPS
+17.8%
Free cash flow
−13.6%

Quarter to September 2026, against a year earlier

47.55 0.48 +1.02%
Market cap
$13.5B
P/E
8.3×
Fwd P/E
8.3×
Dividend yield
2.97%
F-score
8/9
Altman Z
1.81
Beneish M
−2.99
Dividend safety
65/100

LATAM Airlines Group S.A. (LTM) Free cash flow margin

Alert me on Free cash flow margin

LATAM Airlines Group S.A.'s free cash flow margin over the twelve months to 30 September 2026 was 12.7%, down 1.1 percentage points from fiscal 2025 (13.7%). Over the past ten years it has ranged from −20.9% (fiscal 2020) to 15.6% (fiscal 2018); the current reading is higher than 73% of that period. That is above the Airlines industry median of 3.29% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

Embed this chart

Annual newest first

Period Free cash flow margin Change (points)
FY2025 13.7% (0.17)
FY2024 13.9% 1.48
FY2023 12.4% 19.66
FY2022 −7.24% 8.22
FY2021 −15.5% 5.41
FY2020 −20.9% (35.37)
FY2019 14.5% (1.06)
FY2018 15.6% 2.80
FY2017 12.8% 9.71
FY2016 3.05% 1.50

Against its own ten years

Low −20.9% High 15.6%
Ten-year median 12.4%
Current reading's percentile 73

Free cash flow margin against peers

Company Free cash flow margin
LTM LATAM Airlines Group S.A. 12.7%
RYAAY Ryanair Holdings PLC compare 9.45%
CPA Copa Holdings, S.A. compare 4.44%
DAL Delta Air Lines, Inc. compare 4.21%
SKYW SkyWest, Inc. compare 3.19%
UAL United Airlines Holdings Inc compare 1.84%
LUV Southwest Airlines Co. compare 0.56%
AAL American Airlines Group Inc. compare −0.15%
ALK Alaska Air Group, Inc. compare −4.25%
Airlines industry median 3.29%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on LTM