Latam Airlines (LTM) Net Income - Minority (2009 - 2022)
Latam Airlines (LTM) reported Net Income - Minority of $7.9 million for Q1 2022, down 8.59% on a YoY basis from $8.7 million in Q1 2021, and down 23.58% quarter-over-quarter from $10.4 million in Q4 2021.
Latam Airlines (LTM) Net Income - Minority (2009 - 2022) Analysis & Trends
Latam Airlines has reported Net Income - Minority for 14 years, with the latest figure at $7.9 million in Q1 2022.
- For the quarter ending Q1 2022, Net Income - Minority fell 8.59% year-over-year to $7.9 million; the trailing twelve-month figure through Mar 2022 stood at $7.9 million (down 8.59% YoY), and the FY2021 full-year result was $5.7 million, down 41.43% from the prior year.
- Net Income - Minority for Q1 2022 stood at $7.9 million, down from $10.4 million in the prior quarter.
- The five-year high for Net Income - Minority was $3.8 billion in Q2 2020, with the low at -$757.0 million in Q3 2019.
- Historically, Net Income - Minority has averaged $364.4 million across 5 years, with a median of $5.2 million in 2020.
- The largest YoY upside for Net Income - Minority was 4033.16% in 2019 against a maximum downside of 4082.09% in 2019.
- Latam Airlines' Net Income - Minority stood at -$32.0 million in 2018, then soared by 105.02% to $1.6 million in 2019, then soared by 501.12% to $9.6 million in 2020, then grew by 7.34% to $10.4 million in 2021, then declined by 23.58% to $7.9 million in 2022.
- The last three Net Income - Minority figures came in at $7.9 million (Q1 2022), $10.4 million (Q4 2021), and $13.9 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income - Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 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 | - |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | - |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | - |
| 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 | - |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 7.91 Mn |
| Dec 31, 2021 | 10.36 Mn |
| Sep 30, 2021 | 13.87 Mn |
| Jun 30, 2021 | 2.64 Bn |
| Mar 31, 2021 | 8.66 Mn |
| Dec 31, 2020 | 9.65 Mn |
| Sep 30, 2020 | 5.21 Mn |
| Jun 30, 2020 | 3.80 Bn |
| Mar 31, 2020 | 1.39 Mn |
| Dec 31, 2019 | 1.61 Mn |
| Sep 30, 2019 | -757.00 Mn |
| Jun 30, 2019 | 612.00 Mn |
| Mar 31, 2019 | -3.48 Mn |
| Dec 31, 2018 | -31.98 Mn |
| Sep 30, 2018 | -18.10 Mn |
| Jun 30, 2018 | -15.56 Mn |
| Mar 31, 2018 | -93.07 Mn |
| Dec 31, 2017 | -45.41 Mn |
| Sep 30, 2017 | -101.27 Mn |
| Jun 30, 2017 | -89.33 Mn |