Latam Airlines (LTM) Tax Rate (2009 - 2026)
Latam Airlines (LTM) posted Tax Rate of 8376.02% for Q1 2026, down 69806.01% on a QoQ basis from 11.98% in Q4 2025, and down 837435.0% year-over-year from N/an in Q1 2025.
Latam Airlines (LTM) Tax Rate (2009 - 2026) Analysis & Trends
Latam Airlines' Tax Rate history runs 18 years deep, the most recent figure standing at 8376.02% for Q1 2026.
- Quarterly Tax Rate fell 837435.0% year-over-year to 8376.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 36.31% (down 3493.0% YoY) and the FY2025 annual result came in at 9.58%, up 792.0% from the prior year.
- Tax Rate was 8376.02% for Q1 2026 at Latam Airlines, down from 11.98% in the prior quarter.
- Across five years, Tax Rate topped out at 10179.41% in Q3 2024 and bottomed at 21092.36% in Q3 2022.
- A 5-year average of 2727.36% and a median of 5.5% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 3334291 bps — and 2025, when it slumped 2571407 bps.
- Latam Airlines' Tax Rate stood at 3.57% in 2022, then sank by 222 bps to 11.52% in 2023, then grew by 16 bps to 9.66% in 2024, then fell by 24 bps to 11.98% in 2025, then slumped by 69806 bps to 8376.02% in 2026.
- Business Quant data shows LTM's Tax Rate at 8376.02% in Q1 2026, 11.98% in Q4 2025, and 15534.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,537.63 Bn | 30,534.97 Bn | 1.28 Mn | -8,376.02% |
| 2 | Ryanair Holdings | 61.71 Bn | 58.52 Bn | - | -9.31% |
| 3 | Delta Air Lines | 56.61 Bn | 51.95 Bn | 19.07 Bn | 20.16% |
| 4 | Southwest Airlines | 22.23 Bn | 18.43 Bn | 7.33 Bn | 23.86% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.86 Bn | 8.04 Bn | - | - |
| 6 | Copa Holdings | 5.71 Bn | 4.37 Bn | 713.71 Mn | -10.07% |
| 7 | Alaska Air | 5.42 Bn | 3.65 Bn | 3.20 Bn | 39.12% |
| 8 | Skywest | 4.28 Bn | 3.68 Bn | 1.01 Bn | 27.48% |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn | 5.06% |
| 10 | Allegiant Travel | 1.81 Bn | 912.71 Mn | 651.87 Mn | 35.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8,376.02% |
| Mar 31, 2026 | -8,376.02% |
| Mar 31, 2026 | -8,376.02% |
| Dec 31, 2025 | -11.98% |
| Dec 31, 2025 | -11.98% |
| Dec 31, 2025 | -11.98% |
| Sep 30, 2025 | -15,534.66% |
| Sep 30, 2025 | -15,534.66% |
| Sep 30, 2025 | -15,534.66% |
| Jun 30, 2025 | -4,532.52% |
| Jun 30, 2025 | -4,532.52% |
| Jun 30, 2025 | -4,532.52% |
| Mar 31, 2025 | -1.67% |
| Mar 31, 2025 | -1.67% |
| Mar 31, 2025 | -1.67% |
| Dec 31, 2024 | -9.66% |
| Dec 31, 2024 | -9.66% |
| Dec 31, 2024 | -9.66% |
| Sep 30, 2024 | 10,179.41% |
| Sep 30, 2024 | 10,179.41% |