LATAM Airlines Group S.A. (LTM) is a publicly traded company in the Industrials — Airlines, Airports & Air Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
LATAM Airlines Group S.A., encompassing its various subsidiaries, specializes in providing both passenger and freight air transport services. The company's vast operational footprint extends across multiple continents, covering Chile, Peru, Ecuador, Colombia, Brazil, a range of other Latin American countries, the Caribbean, North America, Europe, and Oceania.
Is LATAM Airlines Group S.A. stock overvalued or undervalued in 2026?
LATAM Airlines Group S.A. (LTM) trades at 8.5× earnings (P/E), against a median of 25.8× across the 297 industrials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (8.5) does not tell whether it is cheap.
Kaplio overview: LATAM Airlines Group S.A.
Market cap $13B · 52 weeks $43 – $68 (36 % below the high) · P/E 8.5× · 2027 expected P/E 7.3× · Dividend 3.2 % · Next earnings November 3, 2026 · expected EPS $1.23 · Closing price, Oct 29 · accounts published Aug 4.
- Valuation: P/E 8.5× (no verdict).
- Business: ROIC 17 % (solid).
- Balance sheet: Net debt/EBITDA 1.8× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (8.5) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in industrials: 6 of 10 pass
- 5y revenue growth −41.8 %, fails.
- Capex / Revenue 12.4 %, fails.
- Altman Z-Score 1.8, fails.
- P/E vs own 10y history 8.5×, fails.
- Operating margin 16.4 %, passes.
- ROIC 17.4 %, passes.
- FCF conversion 101.9 %, passes.
- Net debt / EBITDA 1.8×, passes.
- Piotroski F-Score 7 de 9, passes.
- Cycle-adjusted EV/EBITDA 5.2×, passes.
Against its peers (reference peers) — LATAM Airlines Group S.A.: P/E 8.4×; EV/EBITDA 5.2×; ROIC 17.4 %; $12.6B. American Airlines Group Inc. (P/E —; EV/EBITDA 13.6×; ROIC 2.0 %; $8.5B), Copa Holdings, S.A. (P/E 8.6×; EV/EBITDA 4.6×; ROIC 12.2 %; $5.4B), United Airlines Holdings, Inc. (P/E 9.6×; EV/EBITDA 7.2×; ROIC 6.3 %; $34.2B).
Dividend
tight · Yield 3.2 % ($2.05 per ADS in 2025) · Years raising it 1 · 5-year growth -24 % a year · Free cash flow coverage -0.5× · With $1,000 invested today you'd collect $32.40 a year ($2.70 a month).
Profitability
| Return on Equity | 98.01% |
| Return on Invested Capital | 17.36% |
| Return on Assets | 7.96% |
| Gross Margin | 26.98% |
| Operating Margin | 15.06% |
| Net Margin | 9.85% |
Financial Health
| Debt / Equity | 4.51 |
| Current Ratio | 0.67 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 1.81 |
Price Performance
| 1 month | -12.13% |
| 3 months | -16.91% |
| Year-to-date | -18.83% |
| 1 year | -3.22% |
Dividend History
Paid in the last 12 months: $1.5297 per share in 2 payments.
| Date | Amount |
|---|---|
| 2026-05-08 | $0.1292 |
| 2025-12-17 | $1.4005 |
| 2025-04-14 | $1.0097 |
| 2024-05-09 | $0.5902 |
| 2022-10-28 | $5.8960 |
| 2019-05-09 | $176.9760 |
| 2018-05-10 | $150.7320 |
| 2017-05-10 | $68.5740 |
| 2013-05-08 | $13.2780 |
| 2013-01-31 | $23.1520 |
Amounts adjusted for stock splits.
Related companies: UAL · AAL · DAL · CPA · AERO
Explore sector: Industrials · Airlines, Airports & Air Services
More sections of LTM: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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