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
DateValue
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%