Latam Airlines (LTM) EBITDA (2009 - 2026)
Latam Airlines (LTM) reported EBITDA of $1.3 billion for Q1 2026, up 36.65% on a YoY basis from $962.1 million in Q1 2025, and up 98.87% quarter-over-quarter from $661.1 million in Q4 2025.
Latam Airlines (LTM) EBITDA (2009 - 2026) Analysis & Trends
Latam Airlines has reported EBITDA for 17 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, EBITDA rose 36.65% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (up 43.79% YoY), and the FY2025 full-year result was $2.3 billion, up 51.56% from the prior year.
- EBITDA for Q1 2026 stood at $1.3 billion, up from $661.1 million in the prior quarter.
- The five-year high for EBITDA was $223.7 billion in Q1 2022, with the low at $273.8 million in Q2 2024.
- Historically, EBITDA has averaged $23.8 billion across 5 years, with a median of $661.1 million in 2025.
- Annual changes were most pronounced in 2022 — EBITDA surged 357879.41% — and 2023, when it plunged 99.74%.
- Latam Airlines' EBITDA stood at $520.1 million in 2022, then advanced by 29.86% to $675.4 million in 2023, then sank by 31.41% to $463.3 million in 2024, then jumped by 42.71% to $661.1 million in 2025, then jumped by 98.87% to $1.3 billion in 2026.
- The last three EBITDA figures came in at $1.3 billion (Q1 2026), $661.1 million (Q4 2025), and $697.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -590.64 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -260.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 250.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 209.59 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -279.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 101.05 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -21.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -224.00 Mn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | 1.31 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 661.13 Mn |
| Sep 30, 2025 | 697.78 Mn |
| Jun 30, 2025 | 431.58 Mn |
| Mar 31, 2025 | 962.13 Mn |
| Dec 31, 2024 | 463.28 Mn |
| Sep 30, 2024 | 460.43 Mn |
| Jun 30, 2024 | 273.80 Mn |
| Mar 31, 2024 | 795.53 Mn |
| Dec 31, 2023 | 675.41 Mn |
| Sep 30, 2023 | 726.09 Mn |
| Jun 30, 2023 | 535.00 Mn |
| Mar 31, 2023 | 573.13 Mn |
| Dec 31, 2022 | 520.11 Mn |
| Sep 30, 2022 | 399.42 Mn |
| Jun 30, 2022 | 171.15 Bn |
| Mar 31, 2022 | 223.70 Bn |
| Dec 31, 2021 | 482.44 Mn |
| Sep 30, 2021 | -188.37 Mn |
| Jun 30, 2021 | -88.95 Mn |