LATAM Airlines Group S.A. (LTM) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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LTM Revenue Growth
Revenue Breakdown (FY 2012)
LTM's revenue distribution by segment and geography for fiscal year 2012
By Product/Segment
LTM Revenue Analysis (2014–2025)
As of May 8, 2026, LATAM Airlines Group S.A. (LTM) generated trailing twelve-month (TTM) revenue of $15.01 billion, reflecting exceptional growth of +21.9% year-over-year. The most recent quarter (Q1 2026) recorded $4.08 billion in revenue, up 5.3% sequentially.
Looking at the longer-term picture, LTM's 5-year compound annual growth rate (CAGR) stands at +29.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $14.27 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows LTM's business is primarily driven by All Other Segments (51%), and Personal Training (49%). With over half of revenue concentrated in All Other Segments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including CPA (+1.4% YoY), VLRS (-3.3% YoY), and OMAB (+5.9% YoY), LTM has outperformed the peer group in terms of revenue growth. Compare LTM vs CPA →
LTM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LTMCurrent | $15.0B | +21.9% | +29.5% | 16.4% | |
 CPA | $3.4B | +1.4% | +4.9% | 21.8% | |
 VLRS | $3.0B | -3.3% | +23.1% | 4.4% | |
 OMAB | $16.0B | +5.9% | +24.4% | 56.0% | |
 DAL | $63.4B | +2.8% | +30.0% | 9.2% | |
 UAL | $59.1B | +4.7% | +30.9% | 8.0% |
LTM Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.27B | +11.2% | $4.16B | 29.2% | $2.34B | 16.4% |
| 2024 | $12.83B | +10.2% | $3.27B | 25.5% | $1.54B | 12.0% |
| 2023 | $11.64B | +24.3% | $2.82B | 24.3% | $1.08B | 9.3% |
| 2022 | $9.36B | +91.7% | $1.26B | 13.4% | $1.21B | 12.9% |
| 2021 | $4.88B | +24.5% | $-79,470,000 | -1.6% | $-3,425,785,000 | -70.1% |
| 2020 | $3.92B | -61.0% | $275.2M | 7.0% | $-4,530,086,000 | -115.5% |
| 2019 | $10.07B | +1.8% | $2.12B | 21.0% | $753.1M | 7.5% |
| 2018 | $9.90B | +2.9% | $2.12B | 21.4% | $940.5M | 9.5% |
| 2017 | $9.61B | +7.0% | $2.17B | 22.6% | $706.8M | 7.4% |
| 2016 | $8.99B | -7.7% | $2.02B | 22.5% | $493.3M | 5.5% |
Full LTM Stock Analysis
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Start ComparisonLTM — Frequently Asked Questions
Quick answers to the most common questions about buying LTM stock.
Is LTM's revenue growth accelerating or slowing?
LTM revenue is accelerating at +21.9% year-over-year, exceeding the 5-year CAGR of +29.5%. TTM revenue reached $15.0B. Growth momentum has increased versus prior periods.
What is LTM's long-term revenue growth rate?
LATAM Airlines Group S.A.'s 5-year revenue CAGR of +29.5% reflects the sustained expansion pattern. Current YoY growth of +21.9% is above this long-term average.
How is LTM's revenue distributed by segment?
LTM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.