LATAM Airlines Group SA
SGO:LTM

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LATAM Airlines Group SA Logo
LATAM Airlines Group SA
SGO:LTM
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Price: 13.04 CLP -3.34% Market Closed
Market Cap: 7.9T CLP
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Income Statement

Earnings Waterfall
LATAM Airlines Group SA

Revenue
12.7B USD
Cost of Revenue
-9.6B USD
Gross Profit
3.1B USD
Operating Expenses
-1.8B USD
Operating Income
1.4B USD
Other Expenses
-585.4m USD
Net Income
788m USD

Income Statement
LATAM Airlines Group SA

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
12 426
N/A
12 094
-3%
11 696
-3%
11 037
-6%
10 413
-6%
9 740
-6%
9 281
-5%
8 936
-4%
8 878
-1%
8 988
+1%
9 114
+1%
9 292
+2%
9 424
+1%
9 614
+2%
9 868
+3%
9 979
+1%
9 868
-1%
9 895
+0%
9 713
-2%
9 746
+0%
9 952
+2%
10 070
+1%
9 905
-2%
8 057
-19%
5 870
-27%
3 924
-33%
2 500
-36%
2 884
+15%
3 755
+30%
4 884
+30%
5 959
+22%
7 309
+23%
8 591
+18%
9 363
+9%
10 217
+9%
10 674
+4%
11 141
+4%
11 641
+4%
12 136
+4%
12 487
+3%
12 707
+2%
Gross Profit
Cost of Revenue
(9 794)
(9 625)
(9 206)
(8 717)
(8 182)
(7 637)
(7 261)
(7 004)
(6 923)
(6 967)
(7 163)
(7 238)
(7 272)
(7 442)
(7 560)
(7 689)
(7 726)
(7 773)
(7 819)
(7 874)
(7 914)
(7 951)
(7 776)
(6 727)
(5 589)
(4 513)
(3 711)
(3 853)
(4 411)
(4 963)
(5 682)
(6 670)
(7 495)
(8 103)
(8 510)
(8 520)
(8 538)
(8 817)
(9 041)
(9 370)
(9 578)
Gross Profit
2 632
N/A
2 469
-6%
2 490
+1%
2 320
-7%
2 231
-4%
2 103
-6%
2 020
-4%
1 932
-4%
1 955
+1%
2 021
+3%
1 951
-3%
2 054
+5%
2 152
+5%
2 172
+1%
2 308
+6%
2 291
-1%
2 142
-6%
2 122
-1%
1 894
-11%
1 872
-1%
2 038
+9%
2 119
+4%
2 129
+0%
1 331
-37%
281
-79%
(590)
N/A
(1 211)
-105%
(969)
+20%
(656)
+32%
(79)
+88%
277
N/A
639
+131%
1 095
+72%
1 259
+15%
1 707
+36%
2 153
+26%
2 603
+21%
2 824
+8%
3 095
+10%
3 117
+1%
3 129
+0%
Operating Income
Operating Expenses
(2 276)
(1 928)
(1 747)
(1 577)
(1 467)
(1 655)
(1 581)
(1 511)
(1 504)
(1 528)
(1 514)
(1 570)
(1 602)
(1 465)
(1 500)
(1 432)
(1 276)
(1 182)
(1 142)
(1 158)
(1 283)
(1 366)
(1 514)
(1 455)
(1 239)
(1 222)
(899)
(762)
(996)
(1 009)
(1 142)
(1 394)
(1 311)
(1 727)
(1 796)
(1 812)
(1 995)
(1 746)
(1 866)
(1 854)
(1 756)
Selling, General & Administrative
(2 090)
(1 938)
(1 902)
(1 756)
(1 671)
(1 661)
(1 548)
(1 490)
(1 525)
(1 620)
(1 641)
(1 689)
(1 706)
(1 639)
(1 632)
(1 596)
(1 431)
(1 352)
(1 285)
(1 260)
(1 326)
(1 315)
(1 287)
(1 098)
(891)
(794)
(665)
(696)
(731)
(731)
(780)
(863)
(940)
(1 003)
(1 074)
(1 139)
(1 231)
(1 271)
(1 349)
(1 382)
(1 400)
Other Operating Expenses
(185)
10
155
179
204
7
(33)
(21)
21
92
127
120
103
173
133
164
155
170
142
102
43
(50)
(227)
(357)
(348)
(428)
(234)
(66)
(265)
(278)
(362)
(531)
(371)
(724)
(722)
(673)
(765)
(475)
(516)
(472)
(356)
Operating Income
357
N/A
541
+52%
743
+37%
743
N/A
763
+3%
449
-41%
438
-2%
420
-4%
451
+7%
493
+9%
436
-12%
485
+11%
549
+13%
707
+29%
808
+14%
859
+6%
866
+1%
940
+9%
752
-20%
714
-5%
755
+6%
753
0%
615
-18%
(124)
N/A
(958)
-670%
(1 811)
-89%
(2 110)
-17%
(1 731)
+18%
(1 652)
+5%
(1 089)
+34%
(865)
+21%
(755)
+13%
(216)
+71%
(468)
-117%
(89)
+81%
342
N/A
607
+78%
1 078
+78%
1 229
+14%
1 262
+3%
1 373
+9%
Pre-Tax Income
Interest Income Expense
(504)
(449)
(671)
(705)
(796)
(767)
(503)
(450)
(223)
(188)
(209)
(341)
(277)
(325)
(408)
(584)
(778)
(514)
(514)
(319)
(319)
(576)
(583)
(545)
(417)
(529)
(589)
(631)
(657)
(596)
(606)
(647)
(782)
(886)
237
315
465
(597)
(460)
(492)
(560)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 729)
(2 219)
(2 277)
(2 719)
(1 082)
(1 278)
(1 397)
(2 337)
(2 293)
(1 763)
(1 768)
1 680
1 728
1 883
2 066
0
0
0
0
Total Other Income
(24)
(27)
(28)
(15)
(34)
(39)
(46)
(45)
(48)
(31)
(24)
(14)
(6)
(7)
(5)
(4)
(9)
(11)
(14)
(19)
(17)
(35)
(38)
(30)
(38)
(47)
(55)
(72)
(76)
(63)
(61)
(55)
(45)
1 020
(23)
(18)
(11)
115
(12)
(4)
(1)
Pre-Tax Income
(171)
N/A
65
N/A
44
-33%
23
-48%
(66)
N/A
(357)
-444%
(111)
+69%
(74)
+33%
180
N/A
274
+52%
204
-26%
131
-36%
266
+104%
374
+41%
395
+6%
271
-31%
78
-71%
416
+432%
223
-46%
376
+68%
419
+12%
142
-66%
(1 735)
N/A
(2 919)
-68%
(3 689)
-26%
(5 106)
-38%
(3 835)
+25%
(3 712)
+3%
(3 782)
-2%
(4 084)
-8%
(3 826)
+6%
(3 220)
+16%
(2 811)
+13%
1 346
N/A
1 852
+38%
2 522
+36%
3 127
+24%
596
-81%
757
+27%
767
+1%
812
+6%
Net Income
Tax Provision
(51)
(142)
(106)
(76)
2
178
73
(4)
(138)
(163)
(134)
(100)
(74)
(174)
(163)
(121)
(69)
(74)
(44)
(54)
(48)
54
(136)
218
327
550
970
968
918
(569)
(775)
(1 132)
(1 144)
(9)
(13)
(14)
(90)
(15)
(37)
(45)
(20)
Income from Continuing Operations
(221)
(77)
(62)
(53)
(64)
(179)
(38)
(78)
42
111
69
31
193
201
232
150
9
342
179
322
371
196
(1 871)
(2 702)
(3 363)
(4 556)
(2 866)
(2 744)
(2 864)
(4 653)
(4 601)
(4 353)
(3 955)
1 337
1 839
2 508
3 037
582
720
722
791
Income to Minority Interest
(33)
(33)
(46)
(46)
(41)
(41)
(39)
(42)
(44)
(41)
(37)
(44)
(50)
(45)
(50)
(38)
(23)
(32)
(22)
(19)
(17)
(5)
2
5
6
10
9
8
10
6
4
2
1
2
2
2
0
0
(2)
(3)
(3)
Net Income (Common)
(254)
N/A
(110)
+57%
(108)
+1%
(99)
+8%
(105)
-6%
(219)
-110%
(77)
+65%
(120)
-55%
(2)
+99%
69
N/A
33
-53%
(13)
N/A
143
N/A
155
+9%
182
+17%
112
-38%
(13)
N/A
310
N/A
158
-49%
303
+92%
354
+17%
190
-46%
(1 870)
N/A
(2 697)
-44%
(3 356)
-24%
(4 546)
-35%
(2 857)
+37%
(2 736)
+4%
(2 855)
-4%
(4 647)
-63%
(4 597)
+1%
(4 350)
+5%
(3 954)
+9%
1 339
N/A
1 841
+37%
2 510
+36%
3 037
+21%
582
-81%
718
+23%
719
+0%
788
+10%
EPS (Diluted)
-0.48
N/A
-0.2
+58%
-0.2
N/A
-0.18
+10%
-0.19
-6%
-0.4
-111%
-0.14
+65%
-0.22
-57%
0
N/A
0.01
N/A
0.05
+400%
-0.01
N/A
0.24
N/A
0.01
-96%
0.29
+2 800%
0.18
-38%
-0.02
N/A
0.03
N/A
0.26
+767%
0.5
+92%
0.58
+16%
0.02
-97%
-3.08
N/A
-4.45
-44%
-5.53
-24%
-0.41
+93%
-4.71
-1 049%
-0.24
+95%
-0.26
-8%
-0.42
-62%
-0.42
N/A
-0.4
+5%
-0.36
+10%
0.01
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A

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