Latam Airlines (LTM) Change in Taxes (2019 - 2026)
Latam Airlines (LTM) posted Change in Taxes of -$53.4 million for Q1 2026, up 63.16% on a QoQ basis from -$145.0 million in Q4 2025, and down 242736.36% year-over-year from N/an in Q1 2025.
Latam Airlines (LTM) Change in Taxes (2019 - 2026) Analysis & Trends
Latam Airlines' Change in Taxes history runs 8 years deep, the most recent figure standing at -$53.4 million for Q1 2026.
- Quarterly Change in Taxes fell 242736.36% year-over-year to -$53.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$280.7 million (down 544.97% YoY) and the FY2025 annual result came in at -$144987.0, down 233.77% from the prior year.
- Change in Taxes was -$53.4 million for Q1 2026 at Latam Airlines, up from -$145.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at -$12344.0 in Q3 2022 and bottomed at -$11.5 billion in Q2 2023.
- A 5-year average of -$1.3 billion and a median of -$14.3 million in 2022 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2022 — Change in Taxes soared 100.0% — and 2026, when it plunged 242736.36%.
- Latam Airlines' Change in Taxes stood at -$14.3 million in 2022, then slipped by 28.4% to -$18.4 million in 2023, then slumped by 136.35% to -$43.4 million in 2024, then plunged by 233.77% to -$145.0 million in 2025, then soared by 63.16% to -$53.4 million in 2026.
- Business Quant data shows LTM's Change in Taxes at -$53.4 million in Q1 2026, -$145.0 million in Q4 2025, and -$82.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,537.63 Bn | 30,534.97 Bn | 1.28 Mn | -53.41 Mn |
| 2 | Ryanair Holdings | 61.98 Bn | 58.79 Bn | - | 227,612.55 |
| 3 | Delta Air Lines | 56.91 Bn | 52.24 Bn | 19.07 Bn | - |
| 4 | Southwest Airlines | 22.55 Bn | 18.76 Bn | 7.33 Bn | - |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 9.10 Bn | 8.28 Bn | - | - |
| 6 | Copa Holdings | 5.80 Bn | 4.46 Bn | 713.71 Mn | - |
| 7 | Alaska Air | 5.47 Bn | 3.71 Bn | 3.20 Bn | - |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.06 Bn | 1.65 Bn | 1.87 Bn | - |
| 10 | Allegiant Travel | 1.86 Bn | 954.95 Mn | 651.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -53.41 Mn |
| Mar 31, 2026 | -53.41 Mn |
| Dec 31, 2025 | -144.99 Mn |
| Dec 31, 2025 | -144.99 Mn |
| Sep 30, 2025 | -82.30 Mn |
| Sep 30, 2025 | -82.30 Mn |
| Jun 30, 2025 | -37,724.00 |
| Jun 30, 2025 | -37,724.00 |
| Mar 31, 2025 | -21,993.00 |
| Mar 31, 2025 | -21,993.00 |
| Dec 31, 2024 | -43.44 Mn |
| Dec 31, 2024 | -43.44 Mn |
| Sep 30, 2024 | -35,780.00 |
| Sep 30, 2024 | -35,780.00 |
| Jun 30, 2024 | -29,372.00 |
| Jun 30, 2024 | -29,372.00 |
| Mar 31, 2024 | -22,644.00 |
| Mar 31, 2024 | -22,644.00 |
| Dec 31, 2023 | -18.38 Mn |
| Dec 31, 2023 | -18.38 Mn |