Latam Airlines (LTM) Debt to Equity (2011 - 2025)
Latam Airlines posted quarterly Debt to Equity of $5.46 for Q4 2025, down 39.42% year-on-year from $9.01 in Q4 2024, and down 39.42% on a QoQ basis from $9.01 in Q4 2024.
Latam Airlines (LTM) has 12 years of Debt to Equity data on file, last reported at $5.46 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 39.42% year-over-year to $5.46; the trailing twelve-month figure through Dec 2025 stood at $5.46 (down 39.42% YoY), and the FY2025 full-year result was $5.46, down 39.42% from the prior year.
- Debt to Equity for Q4 2025 stood at $5.46, down from $9.01 in the prior quarter.
- Across five years, Debt to Equity topped out at $93.25 in Q4 2022 and bottomed at -$1.35 in Q4 2021.
- The 5-year median for Debt to Equity is $9.01 (2024), against an average of $24.09.
- The widest annual swing landed in 2022, when Debt to Equity surged 7015.05%; it then plunged 84.9% in 2023.
- A 5-year view of Debt to Equity shows it stood at -$1.35 in 2021, then soared by 7015.05% to $93.25 in 2022, then slumped by 84.9% to $14.08 in 2023, then tumbled by 36.04% to $9.01 in 2024, then sank by 39.42% to $5.46 in 2025.
- The last three Debt to Equity figures came in at $5.46 (Q4 2025), $9.01 (Q4 2024), and $14.08 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 0.70 |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 0.78 |
| 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 | 1.43 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 0.88 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 0.71 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 4.66 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.63 |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.46 |
| Dec 31, 2024 | 9.01 |
| Dec 31, 2023 | 14.08 |
| Dec 31, 2022 | 93.25 |
| Dec 31, 2021 | -1.35 |
| Dec 31, 2020 | -3.20 |
| Dec 31, 2019 | 5.02 |
| Dec 31, 2018 | 4.54 |
| Dec 31, 2017 | 712.07 |
| Dec 31, 2016 | 1.62 |
| Mar 31, 2012 | 0.00 |
| Dec 31, 2011 | 0.00 |