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
DateValue
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%