Latam Airlines (LTM) Operating Margin (2009 - 2026)
Latam Airlines posted quarterly Operating Margin of 20156.83% for Q1 2026, down 1678717420.0% year-on-year from N/an in Q1 2025, and up 120299.81% on a QoQ basis from 16.74% in Q4 2025.
Latam Airlines (LTM) has 17 years of Operating Margin data on file, last reported at 20156.83% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 1678717420.0% year-over-year to 20156.83%; the trailing twelve-month figure through Mar 2026 stood at 0.07% (down 5204.0% YoY), and the FY2025 full-year result was 16.37%, up 436.0% from the prior year.
- Operating Margin for Q1 2026 stood at 20156.83%, up from 16.74% in the prior quarter.
- Across five years, Operating Margin topped out at 16807331.02% in Q1 2025 and bottomed at 9577675.22% in Q1 2022.
- The 5-year median for Operating Margin is 13.65% (2024), against an average of 2085355.15%.
- The widest annual swing landed in 2024, when Operating Margin surged 1416212658 bps; it then slumped 1678717420 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 8.01% in 2022, then jumped by 35 bps to 10.84% in 2023, then increased by 26 bps to 13.65% in 2024, then climbed by 23 bps to 16.74% in 2025, then surged by 120300 bps to 20156.83% in 2026.
- The last three Operating Margin figures came in at 20156.83% (Q1 2026), 16.74% (Q4 2025), and 0.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 3.16% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 4.55% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 186.84% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -2.73% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -8.45% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 12.21% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 21.77% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -10.00% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 12.07% |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | 20,156.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20,156.83% |
| Dec 31, 2025 | 16.74% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 13,308.36% |
| Mar 31, 2025 | 16,807,331.02% |
| Dec 31, 2024 | 13.65% |
| Sep 30, 2024 | 14,006,282.39% |
| Jun 30, 2024 | 9,177.68% |
| Mar 31, 2024 | 14,162,126.59% |
| Dec 31, 2023 | 10.84% |
| Sep 30, 2023 | 0.01% |
| Jun 30, 2023 | 10,301.89% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 8.01% |
| Sep 30, 2022 | -4.82% |
| Jun 30, 2022 | -16.51% |
| Mar 31, 2022 | -9,577,675.22% |
| Dec 31, 2021 | 0.08% |
| Sep 30, 2021 | -37,556.34% |
| Jun 30, 2021 | -43,318.61% |
| Mar 31, 2021 | -42,238.54% |
| Dec 31, 2020 | 0.11% |
| Sep 30, 2020 | -0.14% |
| Jun 30, 2020 | -157,312.86% |
| Mar 31, 2020 | -78.96% |
| Dec 31, 2019 | 12.21% |
| Sep 30, 2019 | 10.09% |
| Jun 30, 2019 | 1,695,937.94% |
| Mar 31, 2019 | 3.25% |
| Dec 31, 2018 | 12.31% |
| Sep 30, 2018 | 0.00% |
| Jun 30, 2018 | 2.23% |
| Mar 31, 2018 | 0.01% |
| Dec 31, 2017 | 9.76% |
| Sep 30, 2017 | 9.23% |
| Jun 30, 2017 | 2,247.41% |
| Mar 31, 2017 | 0.01% |
| Dec 31, 2016 | 7.60% |
| Sep 30, 2016 | 0.00% |
| Jun 30, 2016 | 0.06% |
| Mar 31, 2016 | 9,565.41% |
| Dec 31, 2015 | 4.61% |
| Sep 30, 2015 | 5,210.47% |
| Jun 30, 2015 | 713,553.33% |
| Mar 31, 2015 | 8.65% |
| Dec 31, 2014 | 4.48% |
| Sep 30, 2014 | 3.63% |
| Jun 30, 2014 | 0.07% |
| Mar 31, 2014 | 1.02% |
| Sep 30, 2012 | 3.16% |
| Jun 30, 2012 | -3.79% |
| Mar 31, 2012 | 9.61% |
| Dec 31, 2011 | 11.04% |
| Sep 30, 2011 | 25.88% |
| Jun 30, 2011 | 4.19% |
| Mar 31, 2011 | 11.23% |
| Dec 31, 2010 | 16.18% |
| Sep 30, 2010 | 0.07% |
| Jun 30, 2010 | 10.90% |
| Dec 31, 2009 | 17.77% |
| Jun 30, 2009 | 4.45% |