LATAM Airlines Group SA（LTM）の財務LTMLATAM Airlines Group SA

LATAM Airlines Group S.A. (LTM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Passengers, accounting for 87.6% of total sales, equivalent to $3.61B. Another important revenue stream is Load. Understanding this composition is critical for investors evaluating how LTM navigates market cycles within the Airlines industry.

Evaluating the bottom line, LATAM Airlines Group S.A. maintains a gross margin of 16.27%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 12.55%, while the net margin is 8.48%. These profitability ratios, combined with a Return on Equity (ROE) of 107.29%, provide a clear picture of how effectively LTM converts its operational activities into shareholder value.

In the context of the broader market, LTM competes directly with industry leaders such as DAL and UAL. With a market capitalization of $13.81B, it holds a significant position in the sector. When comparing efficiency, LTM's gross margin of 16.27% stands against DAL's 39.64% and UAL's 53.49%. Such benchmarking helps identify whether LATAM Airlines Group S.A. is trading at a premium or discount relative to its financial performance.

LATAM Airlines has shown strong revenue growth, with total revenue increasing to $4.12 billion in Q2 2026, up from $3.79 billion in Q3 2025. However, the gross margin has significantly decreased to 16.27% in Q2 2026 from 31.30% in Q1 2026, raising concerns about profitability.