Latam Airlines (LTM) Net Margin (2009 - 2026)
Latam Airlines posted quarterly Net Margin of 14.12% for Q1 2026, down 1040305.0% year-on-year from N/an in Q1 2025, and up 15.1% on a QoQ basis from 12.26% in Q4 2025.
Latam Airlines (LTM) has 17 years of Net Margin data on file, last reported at 14.12% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 1040305.0% year-over-year to 14.12%; the trailing twelve-month figure through Mar 2026 stood at 0.02% (down 513.0% YoY), and the FY2025 full-year result was 10.23%, up 262.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.12%, up from 12.26% in the prior quarter.
- Across five years, Net Margin topped out at 10417.17% in Q1 2025 and bottomed at 24.04% in Q2 2022.
- The 5-year median for Net Margin is 5.27% (2023), against an average of 1623.02%.
- The widest annual swing landed in 2024, when Net Margin soared 916282 bps; it then slumped 1040305 bps in 2026.
- A 5-year view of Net Margin shows it stood at 95.42% in 2022, then slumped by 94 bps to 5.27% in 2023, then retreated by 3 bps to 5.14% in 2024, then soared by 139 bps to 12.26% in 2025, then rose by 15 bps to 14.12% in 2026.
- The last three Net Margin figures came in at 14.12% (Q1 2026), 12.26% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | -1.82% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 3.13% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 17.11% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -13.90% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -5.85% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 10.04% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 19.94% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -14.24% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 6.32% |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | 14.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.12% |
| Dec 31, 2025 | 12.26% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 7.45% |
| Mar 31, 2025 | 10,417.17% |
| Dec 31, 2024 | 5.14% |
| Sep 30, 2024 | 9,162.83% |
| Jun 30, 2024 | 4.88% |
| Mar 31, 2024 | 7,905.21% |
| Dec 31, 2023 | 5.27% |
| Sep 30, 2023 | 0.01% |
| Jun 30, 2023 | 5.52% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 95.42% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -24.04% |
| Mar 31, 2022 | -19.83% |
| Dec 31, 2021 | 0.16% |
| Sep 30, 2021 | -54.22% |
| Jun 30, 2021 | -93.19% |
| Mar 31, 2021 | -51.16% |
| Dec 31, 2020 | 0.03% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | -201.52% |
| Mar 31, 2020 | -93.56% |
| Dec 31, 2019 | 7.91% |
| Sep 30, 2019 | 0.00% |
| Jun 30, 2019 | -2,650.55% |
| Mar 31, 2019 | -2.38% |
| Dec 31, 2018 | 13.99% |
| Sep 30, 2018 | 0.00% |
| Jun 30, 2018 | -0.01% |
| Mar 31, 2018 | 0.00% |
| Dec 31, 2017 | 2.43% |
| Sep 30, 2017 | 6.07% |
| Jun 30, 2017 | -6,435.87% |
| Mar 31, 2017 | 2,777.95% |
| Dec 31, 2016 | 0.00% |
| Sep 30, 2016 | 0.00% |
| Jun 30, 2016 | 0.00% |
| Mar 31, 2016 | 4,391.10% |
| Dec 31, 2015 | 0.00% |
| Sep 30, 2015 | -4,507.04% |
| Jun 30, 2015 | -2,060,920.39% |
| Mar 31, 2015 | -1.48% |
| Dec 31, 2014 | -2.15% |
| Sep 30, 2014 | -3.54% |
| Jun 30, 2014 | -1.98% |
| Mar 31, 2014 | -1.34% |
| Sep 30, 2012 | -1.47% |
| Jun 30, 2012 | -14.53% |
| Mar 31, 2012 | 0.00% |
| Dec 31, 2011 | 7.33% |
| Sep 30, 2011 | 0.00% |
| Jun 30, 2011 | 1.20% |
| Mar 31, 2011 | 7.12% |
| Dec 31, 2010 | 12.63% |
| Sep 30, 2010 | 0.00% |
| Jun 30, 2010 | 5.87% |
| Dec 31, 2009 | 10.25% |
| Jun 30, 2009 | 4.45% |