LATAM Airlines Group S.A.

NYSE:LTM USA Airlines
Market Cap
$14.40 Billion
Market Cap Rank
#1099 Global
#853 in USA
Share Price
$50.15
Change (1 day)
+1.29%
52-Week Range
$27.32 - $68.46
All Time High
$68.46
Categories
Companies in USA Airlines
About

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31, 2024, the company provides passenger transport services to 151 destinations in 27 countries; and operated 347 fleet of airc… Read more

LATAM Airlines Group S.A. (LTM) - Net Assets

Latest net assets as of December 2025: $1.34 Billion USD

Based on the latest financial reports, LATAM Airlines Group S.A. (LTM) has net assets worth $1.34 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.64 Billion) and total liabilities ($16.30 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $1.34 Billion
% of Total Assets 7.58%
Annual Growth Rate 6.75%
5-Year Change N/A
10-Year Change -68.05%
Growth Volatility 260.3

LATAM Airlines Group S.A. - Net Assets Trend (1997–2025)

This chart illustrates how LATAM Airlines Group S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for LATAM Airlines Group S.A. (1997–2025)

The table below shows the annual net assets of LATAM Airlines Group S.A. from 1997 to 2025.

Year Net Assets Change
2025-12-31 $1.34 Billion +87.99%
2024-12-31 $711.33 Million +62.30%
2023-12-31 $438.27 Million +1326.63%
2022-12-31 $30.72 Million +100.43%
2021-12-31 $-7.07 Billion -189.34%
2020-12-31 $-2.44 Billion -178.05%
2019-12-31 $3.13 Billion -16.48%
2018-12-31 $3.75 Billion -12.20%
2017-12-31 $4.27 Billion +1.96%
2016-12-31 $4.19 Billion +42.48%
2015-12-31 $2.94 Billion -34.77%
2014-12-31 $4.50 Billion -15.45%
2013-12-31 $5.33 Billion +3.05%
2012-12-31 $5.17 Billion +254.67%
2011-12-31 $1.46 Billion +12.10%
2010-12-31 $1.30 Billion +17.55%
2009-12-31 $1.11 Billion -1.58%
2008-12-31 $1.12 Billion +13.13%
2007-12-31 $993.24 Million +57.50%
2006-12-31 $630.63 Million +24.61%
2005-12-31 $506.09 Million +15.48%
2004-12-31 $438.25 Million +22.87%
2003-12-31 $356.67 Million +14.03%
2002-12-31 $312.79 Million +7.59%
2001-12-31 $290.73 Million +0.61%
2000-12-31 $288.96 Million +10.38%
1999-12-31 $261.80 Million +15.18%
1998-12-31 $227.30 Million +5.82%
1997-12-31 $214.80 Million --

Equity Component Analysis

This analysis shows how different components contribute to LATAM Airlines Group S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 2689.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $2.17 Billion 161.29%
Common Stock $4.42 Billion 328.34%
Other Comprehensive Income $-5.24 Billion -389.63%
Total Equity $1.35 Billion 100.00%

LATAM Airlines Group S.A. Competitors by Market Cap

The table below lists competitors of LATAM Airlines Group S.A. ranked by their market capitalization.

Company Market Cap
Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
PINK:PSZKF
 		$17.66 Billion
Waters Corporation
NYSE:WAT
 		$17.66 Billion
Huatai Securities Co. Ltd
PINK:HUATF
 		$17.68 Billion
Wilmar International Ltd
PINK:WLMIY
 		$17.71 Billion
Samsung Electro-Mechanics
KO:009150
 		$17.64 Billion
Renesas Electronics Corporation
PINK:RNECF
 		$17.59 Billion
Swedbank AB
PINK:SWDBY
 		$17.56 Billion
Maruti Suzuki India Limited
NSE:MARUTI
 		$17.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in LATAM Airlines Group S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 723,267,000 to 1,345,594,000, a change of 622,327,000 (86.0%).
  • Net income of 1,459,984,000 contributed positively to equity growth.
  • Dividend payments of 605,181,000 reduced retained earnings.
  • Share repurchases of 584,837,000 reduced equity.
  • Other comprehensive income increased equity by 185,801,000.
  • Other factors increased equity by 166,560,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $1.46 Billion +108.5%
Dividends Paid $605.18 Million -44.98%
Share Repurchases $584.84 Million -43.46%
Other Comprehensive Income $185.80 Million +13.81%
Other Changes $166.56 Million +12.38%
Total Change $- 86.04%

Book Value vs Market Value Analysis

This analysis compares LATAM Airlines Group S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 10.98x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.64x to 10.98x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 $77.79 $50.15 x
1998-12-31 $78.18 $50.15 x
1999-12-31 $91.66 $50.15 x
2000-12-31 $101.17 $50.15 x
2001-12-31 $98.22 $50.15 x
2002-12-31 $117.21 $50.15 x
2003-12-31 $122.26 $50.15 x
2004-12-31 $149.04 $50.15 x
2005-12-31 $174.14 $50.15 x
2006-12-31 $217.19 $50.15 x
2007-12-31 $322.52 $50.15 x
2008-12-31 $364.93 $50.15 x
2009-12-31 $358.68 $50.15 x
2010-12-31 $422.00 $50.15 x
2011-12-31 $469.66 $50.15 x
2012-12-31 $1391.61 $50.15 x
2013-12-31 $1059.19 $50.15 x
2014-12-31 $900.25 $50.15 x
2015-12-31 $584.20 $50.15 x
2016-12-31 $836.28 $50.15 x
2017-12-31 $768.36 $50.15 x
2018-12-31 $674.66 $50.15 x
2019-12-31 $576.03 $50.15 x
2020-12-31 $-448.15 $50.15 x
2021-12-31 $-1298.33 $50.15 x
2022-12-31 $0.86 $50.15 x
2023-12-31 $1.49 $50.15 x
2024-12-31 $2.39 $50.15 x
2025-12-31 $4.57 $50.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently LATAM Airlines Group S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 108.50%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.23%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 13.11x
  • Recent ROE (108.50%) is below the historical average (134.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 29.86% 6.61% 1.66x 2.72x $42.63 Million
1998 13.66% 2.86% 1.23x 3.87x $8.31 Million
1999 18.21% 3.85% 1.27x 3.74x $21.45 Million
2000 16.78% 3.40% 1.23x 4.01x $19.55 Million
2001 3.76% 0.76% 1.00x 4.97x $-18.01 Million
2002 9.97% 2.12% 0.92x 5.13x $-78.20K
2003 23.70% 5.10% 1.01x 4.62x $48.30 Million
2004 37.64% 7.81% 1.14x 4.21x $120.10 Million
2005 29.16% 5.85% 1.17x 4.27x $96.33 Million
2006 38.53% 7.95% 1.04x 4.68x $178.67 Million
2007 31.21% 8.75% 0.90x 3.95x $209.52 Million
2008 30.03% 8.19% 0.84x 4.39x $223.94 Million
2009 21.03% 6.57% 0.61x 5.25x $121.24 Million
2010 32.36% 9.56% 0.65x 5.23x $290.02 Million
2011 22.15% 5.76% 0.73x 5.29x $175.66 Million
2012 0.21% 0.11% 0.47x 3.99x $-503.25 Million
2013 -5.37% -2.18% 0.57x 4.32x $-805.00 Million
2014 -2.49% -0.91% 0.59x 4.65x $-549.98 Million
2015 -7.68% -2.25% 0.54x 6.34x $-504.93 Million
2016 1.69% 0.77% 0.47x 4.69x $-340.45 Million
2017 3.72% 1.62% 0.51x 4.50x $-262.30 Million
2018 4.96% 1.84% 0.56x 4.79x $-184.75 Million
2019 6.08% 1.89% 0.48x 6.74x $-122.65 Million
2020 0.00% -115.86% 0.25x 0.00x $-4.30 Billion
2021 0.00% -95.16% 0.37x 0.00x $-3.94 Billion
2022 3167.63% 14.30% 0.71x 312.48x $1.33 Billion
2023 129.21% 5.00% 0.79x 32.57x $536.80 Million
2024 135.08% 7.61% 0.84x 21.09x $904.65 Million
2025 108.50% 10.23% 0.81x 13.11x $1.33 Billion

Industry Comparison

This section compares LATAM Airlines Group S.A.'s net assets metrics with peer companies in the Airlines industry.

Industry Context

  • Industry: Airlines
  • Average net assets among peers: $84,221,809,251
  • Average return on equity (ROE) among peers: 148.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
LATAM Airlines Group S.A. (LTM) $1.34 Billion 29.86% 12.19x $17.64 Billion
American Airlines Group (AAL) $-581.00 Million 0.00% 0.00x $6.80 Billion
Air Canada (ACDVF) $2.59 Billion 24.86% 11.05x $2.83 Billion
Grupo Aeroméxico, S.A.B. de C.V. (AERO) $-730.83 Million 0.00% 0.00x $260.71 Million
Air France-KLM SA (AFRAF) $-5.42 Billion 0.00% 0.00x $1.02 Billion
Aegean Airlines S.A (AGZNF) $277.88 Million 24.44% 1.61x $461.90 Million
AirAsia Group Berhad (AIABF) $935.30 Million 1390.41% 6.89x $418.10 Million
Air China Limited (AICAF) $49.50 Billion 15.10% 2.50x $2.97 Billion
Allegiant Travel Company (ALGT) $401.72 Million 19.56% 0.99x $1.25 Billion
Alaska Air Group Inc (ALK) $340.50 Million 5.05% 2.00x $4.48 Billion
ANA Holdings Inc (ALNPF) $794.90 Billion 9.83% 1.80x $7.63 Billion