Latam Airlines (LTM) Change in Taxes (2009 - 2026)
Latam Airlines posted quarterly Change in Taxes of -$53.4 million for Q1 2026, down 142.84% year-on-year from $124.7 million in Q1 2025, and up 63.16% on a QoQ basis from -$145.0 million in Q4 2025.
Latam Airlines (LTM) has 17 years of Change in Taxes data on file, last reported at -$53.4 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 142.84% year-over-year to -$53.4 million; the trailing twelve-month figure through Mar 2026 stood at -$280.7 million (down 480.4% YoY), and the FY2025 full-year result was -$144987.0, down 233.77% from the prior year.
- Change in Taxes for Q1 2026 stood at -$53.4 million, up from -$145.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $79.3 million in Q3 2022 and bottomed at -$11.5 billion in Q2 2023.
- The 5-year median for Change in Taxes is -$43.4 million (2024), against an average of -$1.8 billion.
- The widest annual swing landed in 2024, when Change in Taxes surged 180987.97%; it then plunged 97025.07% in 2025.
- A 5-year view of Change in Taxes shows it stood at -$97.1 million in 2022, then soared by 76.93% to -$22.4 million in 2023, then slumped by 93.88% to -$43.4 million in 2024, then sank by 233.77% to -$145.0 million in 2025, then surged by 63.16% to -$53.4 million in 2026.
- The last three Change in Taxes figures came in at -$53.4 million (Q1 2026), -$145.0 million (Q4 2025), and -$82.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | - |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | - |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | - |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | -19.33 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | - |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | - |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | -53.41 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 | -21.99 Mn |
| Mar 31, 2025 | -21.99 Mn |
| Dec 31, 2024 | -43.44 Mn |
| Dec 31, 2024 | -43.44 Mn |
| Sep 30, 2024 | 27.95 Mn |
| Sep 30, 2024 | 27.95 Mn |
| Jun 30, 2024 | -10.89 Mn |
| Jun 30, 2024 | -10.89 Mn |
| Mar 31, 2024 | -22,644.00 |
| Mar 31, 2024 | -22,644.00 |
| Dec 31, 2023 | -22.41 Mn |
| Dec 31, 2023 | -22.41 Mn |
| Sep 30, 2023 | -15,451.00 |
| Sep 30, 2023 | -15,451.00 |
| Jun 30, 2023 | -11.53 Bn |
| Jun 30, 2023 | -11.53 Bn |
| Mar 31, 2023 | -5.65 Bn |
| Mar 31, 2023 | -5.65 Bn |
| Dec 31, 2022 | -97.10 Mn |
| Dec 31, 2022 | -97.10 Mn |
| Sep 30, 2022 | 79.25 Mn |
| Sep 30, 2022 | 79.25 Mn |
| Jun 30, 2022 | -8.41 Bn |
| Jun 30, 2022 | -8.41 Bn |
| Mar 31, 2022 | -4.78 Bn |
| Mar 31, 2022 | -4.78 Bn |
| Dec 31, 2021 | -9.44 Mn |
| Dec 31, 2021 | -9.44 Mn |
| Sep 30, 2021 | -46.40 Bn |
| Sep 30, 2021 | -46.40 Bn |
| Jun 30, 2021 | -30.40 Bn |
| Jun 30, 2021 | -30.40 Bn |
| Mar 31, 2021 | -16.89 Bn |
| Mar 31, 2021 | -16.89 Bn |
| Dec 31, 2020 | 254.40 Mn |
| Dec 31, 2020 | 254.40 Mn |
| Sep 30, 2020 | -55.21 Bn |
| Sep 30, 2020 | -55.21 Bn |
| Jun 30, 2020 | 357.44 Mn |
| Jun 30, 2020 | 357.44 Mn |
| Mar 31, 2020 | -202.68 Mn |
| Mar 31, 2020 | -202.68 Mn |
| Dec 31, 2019 | 30.77 Mn |
| Dec 31, 2019 | 30.77 Mn |
| Sep 30, 2019 | -32.57 Mn |
| Sep 30, 2019 | -32.57 Mn |
| Jun 30, 2019 | -29.75 Mn |
| Jun 30, 2019 | -29.75 Mn |
| Mar 31, 2019 | -13.04 Mn |
| Mar 31, 2019 | -13.04 Mn |
| Dec 31, 2018 | -70.91 Mn |
| Dec 31, 2018 | -70.91 Mn |
| Sep 30, 2018 | 26.37 Mn |
| Sep 30, 2018 | 26.37 Mn |
| Jun 30, 2018 | 13.88 Mn |
| Jun 30, 2018 | 13.88 Mn |
| Mar 31, 2018 | -43.21 Mn |
| Mar 31, 2018 | -43.21 Mn |
| Dec 31, 2017 | -65.90 Mn |
| Dec 31, 2017 | -65.90 Mn |
| Sep 30, 2017 | -26.10 Mn |
| Sep 30, 2017 | -26.10 Mn |
| Jun 30, 2017 | -28.02 Mn |
| Jun 30, 2017 | -28.02 Mn |
| Mar 31, 2017 | -53.49 Mn |
| Mar 31, 2017 | -53.49 Mn |
| Dec 31, 2016 | 34.14 Mn |
| Dec 31, 2016 | 34.14 Mn |
| Sep 30, 2016 | -52.44 Mn |
| Sep 30, 2016 | -52.44 Mn |
| Jun 30, 2016 | -62.57 Mn |
| Jun 30, 2016 | -62.57 Mn |
| Mar 31, 2016 | -82.33 Mn |
| Mar 31, 2016 | -82.33 Mn |
| Dec 31, 2015 | 59,226.00 |
| Dec 31, 2015 | 59,226.00 |
| Sep 30, 2015 | 82.20 Mn |
| Sep 30, 2015 | 82.20 Mn |
| Jun 30, 2015 | 13.40 Mn |
| Jun 30, 2015 | 13.40 Mn |
| Mar 31, 2015 | 23.55 Mn |
| Mar 31, 2015 | 23.55 Mn |
| Dec 31, 2014 | -117,409.00 |
| Dec 31, 2014 | -117,409.00 |
| Sep 30, 2014 | 4,106.00 |
| Sep 30, 2014 | 4,106.00 |
| Sep 30, 2012 | -75.05 Mn |
| Sep 30, 2012 | -75.05 Mn |
| Jun 30, 2012 | 190.39 Mn |
| Jun 30, 2012 | 190.39 Mn |
| Mar 31, 2012 | -42,229.00 |
| Mar 31, 2012 | -42,229.00 |
| Dec 31, 2011 | -20.85 Mn |
| Dec 31, 2011 | -20.85 Mn |
| Sep 30, 2011 | 152,711.00 |
| Sep 30, 2011 | 152,711.00 |
| Jun 30, 2011 | -3.05 Mn |
| Jun 30, 2011 | -3.05 Mn |
| Mar 31, 2011 | -20.23 Mn |
| Mar 31, 2011 | -20.23 Mn |
| Dec 31, 2010 | -30.88 Mn |
| Dec 31, 2010 | -30.88 Mn |
| Sep 30, 2010 | -224.43 Mn |
| Sep 30, 2010 | -224.43 Mn |
| Jun 30, 2010 | -11.98 Mn |
| Jun 30, 2010 | -11.98 Mn |
| Dec 31, 2009 | -20.87 Mn |
| Dec 31, 2009 | -20.87 Mn |