Latam Airlines (LTM) Debt to Equity (2011 - 2025)
Latam Airlines (LTM) reported Debt to Equity of $0.01 for Q4 2025, down 99.94% on a YoY basis from $9.01 in Q4 2024, and down 99.94% quarter-over-quarter from $9.01 in Q4 2024.
Latam Airlines (LTM) Debt to Equity (2011 - 2025) Analysis & Trends
Latam Airlines has reported Debt to Equity for 12 years, with the latest figure at $0.01 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 99.94% year-over-year to $0.01; the trailing twelve-month figure through Dec 2025 stood at $0.01 (down 99.94% YoY), and the FY2025 full-year result was $0.01, down 99.94% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.01, down from $9.01 in the prior quarter.
- The five-year high for Debt to Equity was $93.25 in Q4 2022, with the low at -$1.35 in Q4 2021.
- Historically, Debt to Equity has averaged $23.0 across 5 years, with a median of $9.01 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity surged 7015.05% — and 2025, when it plunged 99.94%.
- Latam Airlines' Debt to Equity stood at -$1.35 in 2021, then surged by 7015.05% to $93.25 in 2022, then tumbled by 84.9% to $14.08 in 2023, then plunged by 36.04% to $9.01 in 2024, then sank by 99.94% to $0.01 in 2025.
- The last three Debt to Equity figures came in at $0.01 (Q4 2025), $9.01 (Q4 2024), and $14.08 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 0.13 |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 0.70 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 0.78 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 0.71 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 1.43 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 0.88 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 4.66 |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.01 |
| 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 | 44.29 |
| Dec 31, 2011 | 8.97 |