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LTM.O — NASDAQ Airlines

LATAM Airlines Group SA

$57,45
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Mcap
32,99T USD
P/E
20 963,0x
EV / Rev
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Div yield
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Op margin
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ROE
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Net margin
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Debt / equity
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Beta
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52w range
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Volume
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Day range
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Prev close
$54,51
Open
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Next earnings
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Ex-dividend
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About

LATAM Airlines Group SA operates as an airline carrier in Latin America, generating revenue through passenger and cargo transport services.

Business. LATAM Airlines Group SA operates as an airline carrier in Latin America, generating revenue through passenger and cargo transport services.

Classification99 %
SectorIndustrials
Industry groupAirlines
Generated · model-assisted
Sell-side consensus
BUY8 analysts
8 buy0 hold0 sell
Avg 12m price target69,94

Analyst recommendations

8 analysts · consensus Buy
Buy8
Hold0
Sell0
12-month price target
69,94
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Valuation→
20 963,0x
P/E
Analysts→
Buy
8 analysts · indicative
Ownership→
Arrowstreet Capital, Limited Partnership
largest disclosed fund holder
Profitability
—
not yet wired

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

2
  • MARKETSEnel Americas Approves 5% Share Buyback to Return Capital2026-07-24
  • MARKETSLATAM Airlines to seek shareholder approval for share buyback2026-07-09

    • Sector rotation

    Sector1D1Mvs mkt
    Communication Services+2,1 %−5,2 %+2,0 %
    Energy+1,0 %+4,8 %+0,9 %
    Materials+0,9 %+10,7 %+0,9 %
    Health Care+0,6 %+7,5 %+0,5 %
    Consumer Discretionary−0,1 %+5,7 %−0,2 %
    Utilities−0,1 %+10,8 %−0,2 %
    Real Estate−0,1 %+2,9 %−0,2 %
    Financials−0,2 %+1,3 %−0,2 %
    Information Technology−0,2 %+5,7 %−0,3 %
    Consumer Staples−0,2 %+1,2 %−0,3 %
    Industrials · THIS SECTOR−1,0 %+6,8 %−1,1 %

    Developing storylines

    No tracked sagas currently linked to LTM.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-08 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Rate decisionFederal Reserve rate decision (press conf.)2026-09-16 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    This is the first analysis for Latam Airlines Group SA (LTM.O), establishing a baseline with no prior data for delta computation. Consequently, there are no material changes to report against a previous period, and the company currently has no analyst coverage, index memberships, or disclosed officers in the available data. The most significant activity involves a major holder change for investor ID 587, detected on June 23, 2026. This investor increased their position from 28 shares to 3,621 shares as of March 31, 2026, raising the holding's value from $0.001 million to $0.179 million. A subsequent modification to this same holding was detected on June 26, 2026, reversing the previous increase. The investor's position was adjusted back down to 28 shares, with the value returning to $0.001 million and the weight percentage dropping to approximately 8.05e-07%. Despite these internal holder adjustments, external market attention remains minimal. Cross-source signals show zero news dispatches for the majority of the period from late June through early July 2026, with only a single dispatch recorded on July 9, 2026. The company maintains a top holder count of 20, but no further specific holder details or financial estimates are provided in the current dataset.

    Signals & dispatch

    peak dispatch · 2026-07-24

    Synthesis

    Business

    LATAM Airlines Group SA operates as an airline carrier in Latin America, generating revenue through passenger and cargo transport services.

    Classification99 %
    SectorIndustrials
    Industry groupAirlines
    AI synthesis
    GENERATED

    Capital structure and liquidity assessment is constrained by the absence of balance-sheet inputs in the provided data. The risk assessment explicitly states that liquidity risk could not be assessed due to missing balance-sheet inputs and no going-concern language in source documents. Consequently, standard liquidity ratios such as current ratio or quick ratio are unavailable for comparison against cohort medians. The company reports 574,215,983,709 basic and diluted shares outstanding, indicating a significant share count that may reflect historical capitalization events or currency conversion artifacts in the data source. Without debt or cash position data, the capital structure remains opaque, preventing an evaluation of leverage or interest coverage.

    Profitability and returns metrics are entirely absent from the valuation snapshot and financial data. There are no reported figures for revenue, net income, EBITDA, ROIC, or operating margins. Therefore, no comparison can be made against industry_config preferred metrics or cohort medians. The lack of profitability data precludes any analysis of operational efficiency or margin trends. The company’s economic engine cannot be evaluated for quality or sustainability based on the current input set.

    This is the first analysis for Latam Airlines Group SA (LTM.O), establishing a baseline with no prior data for delta computation. Consequently, there are no material changes to report against a previous period, and the company currently has no analyst coverage, index memberships, or disclosed officers in the available data. The most significant activity involves a major holder change for investor ID 587, detected on June 23, 2026. This investor increased their position from 28 shares to 3,621 shares as of March 31, 2026, raising the holding's value from $0.001 million to $0.179 million. A subsequent modification to this same holding was detected on June 26, 2026, reversing the previous increase. The investor's position was adjusted back down to 28 shares, with the value returning to $0.001 million and the weight percentage dropping to approximately 8.05e-07%. Despite these internal holder adjustments, external market attention remains minimal. Cross-source signals show zero news dispatches for the majority of the period from late June through early July 2026, with only a single dispatch recorded on July 9, 2026. The company maintains a top holder count of 20, but no further specific holder details or financial estimates are provided in the current dataset.

    Key takeaways
    • Liquidity and capital structure cannot be assessed due to missing balance-sheet data.
    • Profitability metrics are entirely absent, preventing fundamental valuation.
    • Analyst sentiment is positive with a mean recommendation of 1.75 and price targets above current market price.
    • Classification confidence is low (0.20), indicating uncertainty in business sector alignment.
    • Dilution risk is rated low, but no specific sources or mechanisms are detailed.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-02-02
    FY 2026 · Full-year highlights

    Revenue $14.27B; Operating income $2.34B.

    Revenue$14.27B
    Operating income$2.34B
    Net income$1.46B
    Free cash flow$432.5M
    EPS—
    Operating cash flow$3.74B
    Financials
    Income statement
    Revenue$14.27B
    Gross profit$4.16B
    Operating income$2.34B
    Net income$1.46B
    Margins
    Gross margin29.2%
    Operating margin16.4%
    Net margin10.2%
    FCF margin3.0%
    Balance sheet
    Total assets$17.64B
    Total liabilities$16.30B
    Total equity$1.35B
    Cash & equivalents—
    Long-term debt$8.09B
    Cash flow
    Operating cash flow$3.74B
    CapEx-$1.88B
    Free cash flow$432.5M
    SBC—
    P&L flow · revenue → net income
    Revenue $14.27BOperating costs $11.93BTax $875.6MNet income $1.46B
    Highlights
    • ▍Revenue $14.27B
    • ▍Operating income $2.34B
    • ▍Net margin 10.2%

    Valuation FY

    Market price
    $57,45
    Market cap
    $30.61T
    Enterprise valueⓘ
    —
    P/Eⓘ
    20963.0x
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    —
    Net cashⓘ
    —
    Current ratioⓘ
    —
    Debt / equityⓘ
    —
    ROAⓘ
    —
    ROEⓘ
    —
    Cash conversionⓘ
    —
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    INDUSTRYSEGMENTCOMPANYIndustrialsIndustryAirlines258,4B node revenueDAL 24,5%UAL 22,9%AAL 21,1%LUV 10,9%RYAAY 6,1%LTM 5,5%ALK 5,5%SKYW 1,6%Other 1,9%
    Source: company disclosures · own-taxonomy revenue-covered setLTM 5,5% · rank #6 of 13

    Business relationships

    Business relationships3 disclosed relationships · 1 type · extracted from filings & disclosures

    Supply chain

    Vendors → LTM ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSLTMLTMLATAM Airlines Group SA3 entitiesDelta Air Lines IncAirlinesUSAmadeus It Group SATravel & LeisureESSABRE CORPORATIONDiversified SoftwareUS
    3 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-06-24

    Peer comparison

    Peer comparison7 peers · vs LTM · multiples and returns
    DA
    DAL—
    Delta Air Lines Inc
    $91,62
    60,2B USD
    P/E
    11,6x
    — vs self
    Div yield
    0,8 %
    — vs self
    ROE
    22,9 %
    — vs self
    UA
    UAL—
    UNITED AIRLINES, INC.
    $130,06
    42,5B USD
    P/E
    11,5x
    — vs self
    Div yield
    —
    — vs self
    ROE
    21,1 %
    — vs self
    AA
    AAL—
    American Airlines Group Inc
    $15,94
    10,5B USD
    P/E
    80,8x
    — vs self
    Div yield
    —
    — vs self
    ROE
    -2,8 %
    — vs self
    LU
    LUV—
    Southwest Airlines Co
    $47,04
    23,7B USD
    P/E
    54,4x
    — vs self
    Div yield
    1,5 %
    — vs self
    ROE
    6,4 %
    — vs self
    RY
    RYAAY—
    Ryanair Holdings Public Limited Company
    $60,55
    —
    P/E
    —
    — vs self
    Div yield
    —
    — vs self
    ROE
    —
    — vs self
    AL
    ALK—
    Alaska Air Group Inc
    $50,47
    5,8B USD
    P/E
    54,7x
    — vs self
    Div yield
    —
    — vs self
    ROE
    2,7 %
    — vs self
    SK
    SKYW—
    Skywest Inc
    $113,44
    4,5B USD
    P/E
    7,8x
    — vs self
    Div yield
    —
    — vs self
    ROE
    15,6 %
    — vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 57 %
    EPS
    Consensus EPS
    5,07
    Predicted surprise
    +0,02
    Beat probability
    57 %
    Analysts
    8
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-06-24 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate5,41
    Revenue—no estimate—no estimate17,1B USD
    Operating income—no estimate—no estimate2,4B USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Corporate eventM&A horizon
    M&A probabilityconf 5 %
    Probability
    5 %
    Base rate
    3 %
    Band
    —
    180-day horizon · target 2027-02-03 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-08-07

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution8 analysts
    Strong buy1
    Buy6
    Hold0
    Sell0
    Strong sell1
    12-month price target$72,09 · Median $70,00
    Low $66,00High $80,00
    Operating income · consensus2,4B USD
    EPS surprise
    −100,0 %
    reported vs consensus · miss
    Revenue surprise
    −16,7 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$60,00
    Mean$69,94
    Median$70,00
    High$80,00
    Spot$57,45
    +21.7 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    5 %
    Base rate
    3 %
    Band
    Moderate
    180-day horizon · target 2027-02-03 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • LATAM Airlines Group S.A. Market data — financials · 2026-06-24
    • LATAM Airlines Group SA Market data — analyst estimates · 2026-06-24
    • LATAM Airlines Group SA Market data — ESG · 2026-06-24

    Ownership & reference

    Top holders

    • Arrowstreet Capital, Limited PartnershipInvestment Managers · as of 2025-12-310,03 %$55M
    • AllianceBernstein L.P.Investment Managers · as of 2026-03-310,02 %$65M
    • AllianceBernstein L.P.Investment Managers · as of 2025-12-310,01 %$46M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,01 %$46M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2025-12-310,01 %$113M
    • UBS Financial Services, Inc.Investment Managers · as of 2025-12-310,01 %$33M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,01 %$97M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,01 %$40M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,00 %$11M
    • AQR Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$8M
    • First Trust Advisors L.P.Investment Managers · as of 2025-12-310,00 %$5M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2025-12-310,00 %$12M
    • JPMorgan Private Bank (United States)Investment Managers · as of 2026-03-310,00 %$38M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,00 %$12M
    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,00 %$3M
    • VANGUARD FIDUCIARY TRUST COInstitutional (13F filer) · as of 2026-03-310,00 %$8M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2025-12-310,00 %$14M
    • JPMorgan Private Bank (United States)Investment Managers · as of 2025-12-310,00 %$16M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2026-03-310,00 %$35M
    • VANGUARD GROUP INCInstitutional Investor · as of 2025-12-310,00 %$43M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$2M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$9M
    • Northern Trust Investments, Inc.Investment Managers · as of 2025-12-310,00 %$2M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2025-12-310,00 %$14M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$1M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-06-300,00 %$1M
    • Wellington Management Company, LLPInvestment Managers · as of 2025-12-310,00 %$1M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2026-03-310,00 %$8M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$1M
    • Wellington Management Company, LLPInvestment Managers · as of 2026-03-310,00 %$1M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • Invesco QQQ TrustFunds · as of 2025-12-310,00 %$1M
    • PNC Investments LLCInvestment Managers · as of 2025-12-310,00 %$0M
    • Invesco QQQ TrustFunds · as of 2026-03-310,00 %$0M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2025-12-310,00 %$0M
    • FMR LLCInstitutional Investor · as of 2025-12-310,00 %$0M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2025-12-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2025-12-310,00 %$0M

    Insider activity

    — missing data

    Short positioning

    1.8Mshares short-47.2% vs prior
    2.36days to cover
    44.6%short of daily vol
    38fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    LTM.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorBeat prob57 %Surprise+0,02M&A prob5 %Full forecast →
    peak dispatch · 2026-07-24
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown
    Relationship graph
    LTMDAL.OAMS.MCSABR.OAirlines
    This companySectorPartners

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-08-04 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-08-04EVENTQ2 2026 earnings (expected) estimated date
    2026-07-25 04:28 UTCNEWSIndian stocks extend losing streak as analyst picks highlight defensive plays → Benchmark indices close fifth straight session in negative territory, prompting strategists to point toward ITC and LTM as potential safe havens.
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-26 03:13 UTCHOLDERInstitutional holding changed
    2026-06-26 03:13 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-23 03:11 UTCHOLDERInstitutional holding changed
    2026-06-23 03:11 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-08FILING6-K filing →
    2026-05-12FILING6-K filing →
    2026-05-05FILING6-K filing →
    2026-05-05FILING6-K filing →
    2026-05-01 09:43 UTCFILINGRegulatory filing →
    2026-04-23FILING6-K filing →
    2026-04-23FILING6-K filing →
    2026-04-09FILING6-K filing →
    2026-04-08FILING6-K filing →
    2026-03-09FILING6-K filing →
    2026-03-05FILING20-F filing →
    2026-03-04FILING6-K filing →
    2026-02-02 23:21 UTCEARNINGSAnnual results — FY 2026 Revenue USD 14.27B · Net USD 1.46B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-08 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage