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Complete financial analysis of LATAM Airlines Group S.A. (LTMAY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of LATAM Airlines Group S.A., a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.
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LATAM Airlines Group S.A. (LTMAY)
Industry: Airlines, Airports & Air Services
Sector: Industrials
Website: https://www.latamairlinesgroup.net
About LATAM Airlines Group S.A.
LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania. As of June 30, 2022, it provided passenger transport services to 133 destinations in 20 countries and cargo services to approximately 141 destinations in 23 countries, with an operating fleet of 300 aircraft and subleased one B767 cargo freighter to a third party. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.64B | 9.52B | 4.88B | 4.33B | 10.07B | 9.90B | 9.61B | 8.99B | 9.74B | 12.09B | 13.27B | 9.72B | 5.72B | 4.39B | 3.67B | 4.53B | 3.52B | 3.03B | 2.51B | 2.09B | 1.64B | 1.45B | 1.43B | 1.43B | 1.24B | 1.08B | 969.80M |
| Cost of Revenue | 8.87B | 7.03B | 4.96B | 4.78B | 7.95B | 7.96B | 7.44B | 6.97B | 7.64B | 9.62B | 10.98B | 7.64B | 2.91B | 3.01B | 2.52B | 1.37B | 0.00 | 2.20B | 1.96B | 1.63B | 1.35B | 1.27B | 754.78M | 876.01M | 683.79M | 640.40M | 564.80M |
| Gross Profit | 2.77B | 2.48B | -79.47M | -444.11M | 2.12B | 1.93B | 2.17B | 2.02B | 2.10B | 2.47B | 2.29B | 2.08B | 2.80B | 1.38B | 1.15B | 3.17B | 3.52B | 833.87M | 542.51M | 458.78M | 287.82M | 181.62M | 673.56M | 549.14M | 552.88M | 436.90M | 405.00M |
| Gross Profit Ratio | 23.79% | 26.11% | -1.63% | -10.25% | 21.04% | 19.53% | 22.59% | 22.49% | 21.59% | 20.42% | 17.23% | 21.39% | 49.04% | 31.38% | 31.33% | 69.90% | 100.00% | 27.48% | 21.65% | 21.92% | 17.56% | 12.50% | 47.16% | 38.53% | 44.71% | 40.56% | 41.76% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 683.31M | 1.21B | 439.49M | 499.51M | 735.22M | 721.27M | 938.93M | 872.95M | 878.01M | 980.66M | 1.14B | 869.50M | 1.01B | 331.83M | 155.13M | 1.09B | 489.55M | 1.30B | 1.14B | 1.00B | 845.58M | 1.00B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 587.27M | 426.60M | 291.82M | 294.28M | 580.05M | 619.20M | 699.60M | 747.43M | 783.30M | 957.07M | 1.03B | 803.62M | 209.26M | 0.00 | 114.46M | 458.26M | 0.00 | -403.90M | -345.39M | -291.69M | -223.97M | -192.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.22B | 1.21B | 731.31M | 793.79M | 1.32B | 1.34B | 1.64B | 1.62B | 1.66B | 1.94B | 2.16B | 1.67B | 1.22B | 331.83M | 269.59M | 1.09B | 489.55M | 898.40M | 795.13M | 711.96M | 621.61M | 809.95M | 200.53M | 223.46M | 206.34M | 360.20M | 309.20M |
| Other Expenses | -384.16M | 1.14B | 271.35M | 427.39M | 153.11M | 77.19M | 104.49M | 65.32M | 47.03M | 31.11M | -538.10M | 28.84M | 0.00 | 172.43M | 100.48M | 183.21M | 2.62B | 2.33B | 2.02B | 1.63B | 1.30B | 968.95M | 1.18B | 1.12B | 979.48M | 32.20M | 16.20M |
| Operating Expenses | 1.60B | 2.35B | 1.00B | 1.22B | 1.47B | 1.25B | 1.57B | 1.59B | 1.70B | 1.96B | 1.64B | 1.83B | 2.26B | 504.26M | 370.07M | 1.73B | 3.11B | 3.23B | 2.81B | 2.34B | 1.92B | 1.78B | 1.38B | 1.34B | 1.19B | 392.40M | 325.40M |
| Cost & Expenses | 10.47B | 9.38B | 5.97B | 6.00B | 9.42B | 9.21B | 9.01B | 8.56B | 9.34B | 11.58B | 12.62B | 9.47B | 5.18B | 3.52B | 2.89B | 3.10B | 3.11B | 5.43B | 4.78B | 3.98B | 3.28B | 3.05B | 2.13B | 2.22B | 1.87B | 1.03B | 890.20M |
| Interest Income | 0.00 | 1.05B | 21.11M | 50.40M | 26.28M | 53.25M | 78.70M | 74.95M | 75.08M | 90.50M | 72.83M | 77.49M | 14.45M | 14.95M | 0.00 | 16.21M | 18.04M | 7.90M | 12.43M | 10.83M | 6.28M | 3.76M | 5.48M | 5.26M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 708.37M | 942.40M | 748.02M | 586.98M | 569.44M | 345.99M | 385.07M | 384.98M | 374.37M | 402.54M | 462.52M | 260.23M | 139.08M | 155.28M | 153.11M | 82.69M | 76.22M | 60.74M | 39.19M | 36.46M | 39.35M | 40.76M | 35.46M | 31.67M | 0.00 | 17.00M | 37.50M |
| Depreciation & Amortization | 1.21B | 1.18B | 1.17B | 1.39B | 1.47B | 1.37B | 1.00B | 959.53M | 36.61M | 991.26M | 1.04B | 44.07M | 404.67M | 147.90M | 480.39M | 183.21M | 146.79M | -122.80M | -80.46M | -77.44M | -72.63M | -67.82M | -51.44M | -42.04M | 37.65M | -32.20M | -16.20M |
| EBITDA | 2.37B | 2.54B | -1.13B | -4.52B | 743.93M | 800.73M | 778.01M | 537.20M | 485.15M | 597.97M | 178.64M | 320.14M | 958.85M | 1.03B | 781.16M | 734.42M | 585.56M | -2.31B | -2.25B | -1.85B | -1.59B | -1.54B | -644.21M | -752.52M | -609.59M | 73.00M | 92.80M |
| EBITDA Ratio | 20.40% | 26.74% | -23.15% | -104.25% | 7.39% | 8.09% | 8.09% | 5.98% | 4.98% | 4.94% | 1.35% | 3.29% | 16.77% | 23.39% | 21.26% | 16.20% | 16.61% | -76.02% | -89.76% | -88.39% | -96.92% | -106.21% | -45.10% | -52.80% | -49.29% | 6.78% | 9.57% |
| Operating Income | 1.17B | 1.50B | -3.43B | -1.67B | 753.13M | 758.62M | 706.78M | 493.30M | 448.54M | 541.42M | 643.91M | 276.08M | 539.73M | 873.55M | 300.77M | 536.18K | 413.37M | 302.62M | 141.64M | 172.10M | 111.72M | 62.06M | 50.25M | 83.39M | 50.84M | 105.20M | 109.00M |
| Operating Income Ratio | 10.04% | 15.72% | -70.14% | -38.42% | 7.48% | 7.67% | 7.35% | 5.49% | 4.61% | 4.48% | 4.85% | 2.84% | 9.44% | 19.90% | 8.19% | 0.01% | 11.73% | 9.97% | 5.65% | 8.22% | 6.82% | 4.27% | 3.52% | 5.85% | 4.11% | 9.77% | 11.24% |
| Total Other Income/Expenses | -520.84M | 1.19B | -3.00B | -3.33B | -611.21M | -461.59M | -332.56M | -219.43M | -474.83M | -476.18M | -927.79M | -149.47M | -157.37M | -371.51M | -23.26M | 399.89M | -45.27M | -14.49M | 33.22M | 19.75M | -9.82M | -24.25M | -39.96M | -24.60M | -2.87M | 3.70M | -37.50M |
| Income Before Tax | 596.49M | 1.60B | -4.08B | -5.11B | 141.92M | 297.03M | 374.22M | 273.87M | -357.12M | 65.23M | -283.89M | 126.60M | 382.36M | 502.03M | 277.52M | 400.43M | 368.10M | 288.14M | 174.86M | 191.85M | 101.90M | 37.81M | 10.29M | 58.79M | 47.97M | 108.90M | 71.50M |
| Income Before Tax Ratio | 5.12% | 16.84% | -83.62% | -117.79% | 1.41% | 3.00% | 3.89% | 3.05% | -3.67% | 0.54% | -2.14% | 1.30% | 6.69% | 11.43% | 7.55% | 8.83% | 10.44% | 9.50% | 6.98% | 9.17% | 6.22% | 2.60% | 0.72% | 4.13% | 3.88% | 10.11% | 7.37% |
| Income Tax Expense | 14.94M | 8.91M | 568.94M | -550.19M | -53.70M | 83.78M | 173.50M | 163.20M | -178.38M | 142.19M | -20.07M | 102.21M | 61.79M | 81.11M | 44.49M | 64.69M | 59.78M | 46.84M | 28.26M | 28.29M | 18.34M | 7.01M | -552.00K | 10.41M | 385.00K | 57.20M | 7.40M |
| Net Income | 581.83M | 1.34B | -4.65B | -4.56B | 190.43M | 181.94M | 155.30M | 69.22M | -219.27M | -109.79M | -281.11M | 10.96M | 320.20M | 419.70M | 231.13M | 335.74M | 308.32M | 241.30M | 146.60M | 163.55M | 83.56M | 30.81M | 10.84M | 48.39M | 47.58M | 31.00M | 64.10M |
| Net Income Ratio | 5.00% | 14.07% | -95.27% | -105.10% | 1.89% | 1.84% | 1.62% | 0.77% | -2.25% | -0.91% | -2.12% | 0.11% | 5.60% | 9.56% | 6.29% | 7.40% | 8.75% | 7.95% | 5.85% | 7.81% | 5.10% | 2.12% | 0.76% | 3.40% | 3.85% | 2.88% | 6.61% |
| EPS | 0.00 | 0.01 | -0.42 | -0.42 | 0.02 | 0.02 | 0.01 | 0.01 | -0.02 | -0.01 | -0.03 | 0.00 | 0.05 | 0.07 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| EPS Diluted | 0.00 | 0.01 | -0.42 | -0.42 | 0.02 | 0.02 | 0.01 | 0.01 | -0.02 | -0.01 | -0.03 | 0.00 | 0.05 | 0.07 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Weighted Avg Shares Out | 604.44B | 96.61B | 10.95B | 10.95B | 10.95B | 10.87B | 10.87B | 9.80B | 9.78B | 9.78B | 9.89B | 7.39B | 6.15B | 6.13B | 6.13B | 6.13B | 5.98B | 5.77B | 5.77B | 5.83B | 5.77B | 5.27B | 5.88B | 5.70B | 5.70B | 5.80B | 5.52B |
| Weighted Avg Shares Out (Dil) | 604.44B | 98.53B | 10.95B | 10.95B | 10.95B | 10.87B | 10.87B | 9.80B | 9.78B | 9.78B | 9.89B | 7.39B | 6.15B | 6.15B | 6.13B | 6.13B | 6.13B | 5.77B | 5.77B | 5.83B | 5.77B | 5.27B | 5.88B | 5.70B | 5.70B | 5.80B | 5.52B |
Boeing urges airlines to check switches after LATAM plane plunge
Boeing on Friday warned airlines flying its 787 Dreamliner model to inspect certain switches in the cockpit, after a New Zealand-bound LATAM plane dropped violently mid-flight, injuring dozens of travelers.
Boeing cockpit seat switch mishap reportedly led to Latam flight incident
New scrutiny of planemaker's 787 Dreamliner over terrifying drop adds to safety crisis after cabin panel blowout on 737 Max 9 jet
Switch on cockpit pilot seat may have inadvertently triggered sudden plunge in Boeing Latam jet: report
A switch on a pilot's seat aboard a Boeing 787 Dreamliner may have caused the flight to suddenly lose altitude, resulting in injuries to several passengers.
Pilot seat movement a focus of probe into LATAM Boeing flight, report says
The movement of a flight deck seat is a key focus of the probe into a sudden mid-air dive by a LATAM Airlines Boeing 787 plane that left more than 50 people injured, aviation industry publication the Air Current reported...
Black box seized after 'technical' failure on Boeing-made LATAM plane
New Zealand investigators Tuesday seized the flight recorder from a Boeing-made LATAM plane, searching for the cause of a mid-air plunge that injured dozens of terrified travelers.
New Zealand Authorities Seize LATAM Boeing 787's Black Boxes After Incident Injures Over 50 Onboard
Authorities in New Zealand said Tuesday they were seizing the so-called black boxes of the LATAM Airlines Boeing 787 plane, which faced a mid-flight technical issue that resulted in more than 50 passengers and crew getting injured a day earlier.
New Zealand says seizing black boxes from LATAM Boeing 787
New Zealand's Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder of a LATAM Airlines Boeing 787 after an incident that left more than 50 people injured.
At Least 50 Injured On LATAM Airlines Boeing 787 After Technical Problem Causes Sudden Drop In Altitude
At least 50 people were injured on board a Boeing 787-9 flight from Sydney to Auckland operated by Chilean airline LATAM after the aircraft experienced a technical issue that caused it to suddenly lose altitude.
LATAM Airlines Stock: Buy On Revenue And Margin Growth
LATAM Airlines Group already saw its results improve in 2022 after a restructuring. The restructuring is expected to be more visible in 2023 as margins recover on topline growth.
Source: https://incomestatements.info
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