Latam Airlines (LTM) Net Margin (2009 - 2026)
Latam Airlines (LTM) posted Net Margin of 0.01% for Q1 2026, down 99.89% on a QoQ basis from 12.26% in Q4 2025, and down 1306538055.0% year-over-year from N/an in Q1 2025.
Latam Airlines (LTM) Net Margin (2009 - 2026) Analysis & Trends
Latam Airlines' Net Margin history runs 18 years deep, the most recent figure standing at 0.01% for Q1 2026.
- Quarterly Net Margin fell 1306538055.0% year-over-year to 0.01% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.01% (down 927.0% YoY) and the FY2025 annual result came in at 10.23%, up 262.0% from the prior year.
- Net Margin was 0.01% for Q1 2026 at Latam Airlines, down from 12.26% in the prior quarter.
- Across five years, Net Margin topped out at 13065380.56% in Q1 2025 and bottomed at 393969.7% in Q1 2022.
- A 5-year average of 745383.83% and a median of 0.01% in 2026 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin surged 1306537265 bps — and 2026, when it sank 1306538055 bps.
- Latam Airlines' Net Margin stood at 95.42% in 2022, then sank by 94 bps to 5.27% in 2023, then decreased by 3 bps to 5.14% in 2024, then jumped by 139 bps to 12.26% in 2025, then tumbled by 100 bps to 0.01% in 2026.
- Business Quant data shows LTM's Net Margin at 0.01% in Q1 2026, 12.26% in Q4 2025, and 0.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | 0.01% |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | - |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 8.12% |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 2.76% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | -14.78% |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | 21.94% |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | -5.85% |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 9.13% |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | -14.24% |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 6.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01% |
| Dec 31, 2025 | 12.26% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 7.45% |
| Mar 31, 2025 | 13,065,380.56% |
| Dec 31, 2024 | 5.14% |
| Sep 30, 2024 | 0.01% |
| Jun 30, 2024 | 4.88% |
| Mar 31, 2024 | 7.91% |
| Dec 31, 2023 | 5.27% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 95.42% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -24.04% |
| Mar 31, 2022 | -393,969.70% |
| Dec 31, 2021 | -133.21% |
| Sep 30, 2021 | -0.34% |
| Jun 30, 2021 | -441,982.65% |