(LTM) LATAM Airlines S.A. - Overview
Exchange: NYSE •
Country: Chile •
Currency: USD •
Type: Common Stock •
ISIN: US51817R2058
Stock: Passenger Flights, Cargo Flights
Total Rating 68
Risk 77
Buy Signal 0.61
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 6.12% |
| Yield on Cost 5y | 10.35% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 100.0% |
| Payout Ratio | 46.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 30.7% |
| Relative Tail Risk | -1.02% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.62 |
| Alpha | 112.43 |
| Character TTM | |
|---|---|
| Beta | 0.700 |
| Beta Downside | 0.786 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.12% |
| CAGR/Max DD | 5.01 |
Description: LTM LATAM Airlines S.A. January 06, 2026
LATAM Airlines Group S.A. (NYSE:LTM) operates passenger and cargo flights across 151 destinations in 27 countries, covering key markets in South America, the United States, Europe, the Caribbean, and Oceania, with a fleet of 347 aircraft as of December 31 2024. The company, originally founded as LAN Airlines in 1929 and rebranded to LATAM in 2012, remains headquartered in Santiago, Chile.
Recent performance indicators show FY 2024 revenue of roughly $8.2 billion, a passenger load factor of 78 %-above the regional average of 73 %-and net debt of about $5.3 billion, reflecting ongoing fleet renewal and the impact of volatile fuel prices. LATAM’s exposure to Brazil’s economy (≈45 % of passenger revenue) and the broader recovery in leisure travel across Latin America are primary growth drivers, while the airline remains sensitive to USD exchange-rate swings and global oil price fluctuations.
For a deeper dive into LATAM’s valuation and risk profile, the detailed analysis on ValueRay can provide useful context.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.24b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -2.40 > 1.0 |
| NWC/Revenue: -21.82% < 20% (prev -15.71%; Δ -6.10% < -1%) |
| CFO/TA 0.19 > 3% & CFO 3.24b > Net Income 1.24b |
| Net Debt (5.59b) to EBITDA (3.36b): 1.66 < 3 |
| Current Ratio: 0.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (290.5m) vs 12m ago -3.89% < -2% |
| Gross Margin: 28.21% > 18% (prev 0.24%; Δ 2797 % > 0.5%) |
| Asset Turnover: 85.03% > 50% (prev 83.77%; Δ 1.26% > 0%) |
| Interest Coverage Ratio: 2.54 > 6 (EBITDA TTM 3.36b / Interest Expense TTM 818.2m) |
Altman Z'' 0.69
| A: -0.18 (Total Current Assets 4.37b - Total Current Liabilities 7.35b) / Total Assets 16.99b |
| B: 0.26 (Retained Earnings 4.50b / Total Assets 16.99b) |
| C: 0.13 (EBIT TTM 2.08b / Avg Total Assets 16.11b) |
| D: 0.11 (Book Value of Equity 1.69b / Total Liabilities 15.89b) |
| Altman-Z'' Score: 0.69 = B |
Beneish M -3.12
| DSRI: 1.14 (Receivables 1.64b/1.34b, Revenue 13.69b/12.75b) |
| GMI: 0.86 (GM 28.21% / 24.19%) |
| AQI: 0.98 (AQ_t 0.08 / AQ_t-1 0.08) |
| SGI: 1.07 (Revenue 13.69b / 12.75b) |
| TATA: -0.12 (NI 1.24b - CFO 3.24b) / TA 16.99b) |
| Beneish M-Score: -3.12 (Cap -4..+1) = AA |
What is the price of LTM shares?
As of February 08, 2026, the stock is trading at USD 64.84 with a total of 1,169,087 shares traded.
Over the past week, the price has changed by -1.47%, over one month by +14.70%, over three months by +52.67% and over the past year by +124.54%.
Over the past week, the price has changed by -1.47%, over one month by +14.70%, over three months by +52.67% and over the past year by +124.54%.
Is LTM a buy, sell or hold?
LATAM Airlines S.A. has received a consensus analysts rating of 4.17.
Therefore, it is recommended to buy LTM.
- StrongBuy: 2
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the LTM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 67.7 | 4.4% |
| Analysts Target Price | 67.7 | 4.4% |
| ValueRay Target Price | 88.2 | 36% |
LTM Fundamental Data Overview February 07, 2026
P/E Trailing = 12.9778
P/E Forward = 10.1729
P/S = 1.2956
P/B = 13.7346
Revenue TTM = 13.69b USD
EBIT TTM = 2.08b USD
EBITDA TTM = 3.36b USD
Long Term Debt = 3.34b USD (from longTermDebt, last quarter)
Short Term Debt = 788.1m USD (from shortTermDebt, last quarter)
Debt = 7.61b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.59b USD (from netDebt column, last quarter)
Enterprise Value = 23.98b USD (18.48b + Debt 7.61b - CCE 2.11b)
Interest Coverage Ratio = 2.54 (Ebit TTM 2.08b / Interest Expense TTM 818.2m)
EV/FCF = 17.18x (Enterprise Value 23.98b / FCF TTM 1.40b)
FCF Yield = 5.82% (FCF TTM 1.40b / Enterprise Value 23.98b)
FCF Margin = 10.19% (FCF TTM 1.40b / Revenue TTM 13.69b)
Net Margin = 9.08% (Net Income TTM 1.24b / Revenue TTM 13.69b)
Gross Margin = 28.21% ((Revenue TTM 13.69b - Cost of Revenue TTM 9.83b) / Revenue TTM)
Gross Margin QoQ = 30.37% (prev 26.25%)
Tobins Q-Ratio = 1.41 (Enterprise Value 23.98b / Total Assets 16.99b)
Interest Expense / Debt = 3.34% (Interest Expense 253.9m / Debt 7.61b)
Taxrate = 15.53% (69.2m / 445.7m)
NOPAT = 1.75b (EBIT 2.08b * (1 - 15.53%))
Current Ratio = 0.59 (Total Current Assets 4.37b / Total Current Liabilities 7.35b)
Debt / Equity = 6.90 (Debt 7.61b / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = 1.66 (Net Debt 5.59b / EBITDA 3.36b)
Debt / FCF = 4.01 (Net Debt 5.59b / FCF TTM 1.40b)
Total Stockholder Equity = 922.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.72% (Net Income 1.24b / Total Assets 16.99b)
RoE = 134.9% (Net Income TTM 1.24b / Total Stockholder Equity 922.4m)
RoCE = 48.74% (EBIT 2.08b / Capital Employed (Equity 922.4m + L.T.Debt 3.34b))
RoIC = 53.17% (NOPAT 1.75b / Invested Capital 3.30b)
WACC = 6.84% (E(18.48b)/V(26.09b) * Re(8.49%) + D(7.61b)/V(26.09b) * Rd(3.34%) * (1-Tc(0.16)))
Discount Rate = 8.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.96%
[DCF Debug] Terminal Value 75.85% ; FCFF base≈1.48b ; Y1≈974.4m ; Y5≈444.6m
Fair Price DCF = 18.87 (EV 11.01b - Net Debt 5.59b = Equity 5.42b / Shares 287.1m; r=6.84% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 16.09 | EPS CAGR: 0.06% | SUE: 0.00 | # QB: 0
Revenue Correlation: 91.86 | Revenue CAGR: 19.25% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.09 | Chg30d=+0.067 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=5.68 | Chg30d=+0.284 | Revisions Net=+3 | Growth EPS=+3.3% | Growth Revenue=+8.9%
EPS next Year (2027-12-31): EPS=6.41 | Chg30d=+0.249 | Revisions Net=-2 | Growth EPS=+13.0% | Growth Revenue=+6.9%
P/E Forward = 10.1729
P/S = 1.2956
P/B = 13.7346
Revenue TTM = 13.69b USD
EBIT TTM = 2.08b USD
EBITDA TTM = 3.36b USD
Long Term Debt = 3.34b USD (from longTermDebt, last quarter)
Short Term Debt = 788.1m USD (from shortTermDebt, last quarter)
Debt = 7.61b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.59b USD (from netDebt column, last quarter)
Enterprise Value = 23.98b USD (18.48b + Debt 7.61b - CCE 2.11b)
Interest Coverage Ratio = 2.54 (Ebit TTM 2.08b / Interest Expense TTM 818.2m)
EV/FCF = 17.18x (Enterprise Value 23.98b / FCF TTM 1.40b)
FCF Yield = 5.82% (FCF TTM 1.40b / Enterprise Value 23.98b)
FCF Margin = 10.19% (FCF TTM 1.40b / Revenue TTM 13.69b)
Net Margin = 9.08% (Net Income TTM 1.24b / Revenue TTM 13.69b)
Gross Margin = 28.21% ((Revenue TTM 13.69b - Cost of Revenue TTM 9.83b) / Revenue TTM)
Gross Margin QoQ = 30.37% (prev 26.25%)
Tobins Q-Ratio = 1.41 (Enterprise Value 23.98b / Total Assets 16.99b)
Interest Expense / Debt = 3.34% (Interest Expense 253.9m / Debt 7.61b)
Taxrate = 15.53% (69.2m / 445.7m)
NOPAT = 1.75b (EBIT 2.08b * (1 - 15.53%))
Current Ratio = 0.59 (Total Current Assets 4.37b / Total Current Liabilities 7.35b)
Debt / Equity = 6.90 (Debt 7.61b / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = 1.66 (Net Debt 5.59b / EBITDA 3.36b)
Debt / FCF = 4.01 (Net Debt 5.59b / FCF TTM 1.40b)
Total Stockholder Equity = 922.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.72% (Net Income 1.24b / Total Assets 16.99b)
RoE = 134.9% (Net Income TTM 1.24b / Total Stockholder Equity 922.4m)
RoCE = 48.74% (EBIT 2.08b / Capital Employed (Equity 922.4m + L.T.Debt 3.34b))
RoIC = 53.17% (NOPAT 1.75b / Invested Capital 3.30b)
WACC = 6.84% (E(18.48b)/V(26.09b) * Re(8.49%) + D(7.61b)/V(26.09b) * Rd(3.34%) * (1-Tc(0.16)))
Discount Rate = 8.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.96%
[DCF Debug] Terminal Value 75.85% ; FCFF base≈1.48b ; Y1≈974.4m ; Y5≈444.6m
Fair Price DCF = 18.87 (EV 11.01b - Net Debt 5.59b = Equity 5.42b / Shares 287.1m; r=6.84% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 16.09 | EPS CAGR: 0.06% | SUE: 0.00 | # QB: 0
Revenue Correlation: 91.86 | Revenue CAGR: 19.25% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.09 | Chg30d=+0.067 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=5.68 | Chg30d=+0.284 | Revisions Net=+3 | Growth EPS=+3.3% | Growth Revenue=+8.9%
EPS next Year (2027-12-31): EPS=6.41 | Chg30d=+0.249 | Revisions Net=-2 | Growth EPS=+13.0% | Growth Revenue=+6.9%