Latam Airlines (LTM) EBT Margin (2009 - 2026)
Latam Airlines (LTM) reported EBT Margin of 15.45% for Q1 2026, up 457.0% on a YoY basis from 2.77% in Q1 2025, and down 62.28% quarter-over-quarter from 40.96% in Q4 2025.
Latam Airlines (LTM) EBT Margin (2009 - 2026) Analysis & Trends
Latam Airlines has reported EBT Margin for 17 years, with the latest figure at 15.45% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 457.0% year-over-year to 15.45%; the trailing twelve-month figure through Mar 2026 stood at 0.04% (down 1482.0% YoY), and the FY2025 full-year result was 11.35%, up 360.0% from the prior year.
- EBT Margin for Q1 2026 stood at 15.45%, down from 40.96% in the prior quarter.
- The five-year high for EBT Margin was 49.1% in Q4 2022, with the low at 20018059.95% in Q1 2022.
- Historically, EBT Margin has averaged 1177523.11% across 5 years, with a median of 5.58% in 2023.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 2000000000 bps — and 2023, when it surged 2000000000 bps.
- Latam Airlines' EBT Margin stood at 49.1% in 2022, then plunged by 63 bps to 18.33% in 2023, then soared by 60 bps to 29.25% in 2024, then jumped by 40 bps to 40.96% in 2025, then slumped by 62 bps to 15.45% in 2026.
- The last three EBT Margin figures came in at 15.45% (Q1 2026), 40.96% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.35% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.93% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -9.61% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.64% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -11.56% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -15.00% |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | 15.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.45% |
| Dec 31, 2025 | 40.96% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 7.81% |
| Mar 31, 2025 | 10.88% |
| Dec 31, 2024 | 29.25% |
| Sep 30, 2024 | 0.01% |
| Jun 30, 2024 | 5.23% |
| Mar 31, 2024 | 8.42% |
| Dec 31, 2023 | 18.33% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 5.58% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 49.10% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | -24.00% |
| Mar 31, 2022 | -20,018,059.95% |
| Dec 31, 2021 | -137.94% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |