LATAM Airlines Group S.A. (LTM) Gross margin 2016–2025
LATAM Airlines Group S.A. (LTM) gross margin by fiscal year — reported gross profit divided by reported revenue.
29.2%FY2025 · since FY2016: 22.5% → 29.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 29.2% | +3.7 pp |
| FY2024 | 25.5% | +1.2 pp |
| FY2023 | 24.3% | +10.8 pp |
| FY2022 | 13.4% | +15.1 pp |
| FY2021 | -1.6% | +13.4 pp |
| FY2020 | -15.0% | -36.1 pp |
| FY2019 | 21.0% | -0.4 pp |
| FY2018 | 21.4% | -2.8 pp |
| FY2017 | 24.3% | +1.8 pp |
| FY2016 | 22.5% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice