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LATAM Airlines (LTM) Revenue & Revenue Breakdown

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LATAM Airlines Revenue Highlights

Latest Revenue (Y)

$11.64B

Latest Revenue (Q)

$3.25B

LATAM Airlines Revenue by Period

LATAM Airlines Revenue by Year

DateRevenueChange
2023-12-31$11.64B22.32%
2022-12-31$9.52B94.86%
2021-12-31$4.88B12.67%
2020-12-31$4.33B-56.95%
2019-12-31$10.07B1.76%
2018-12-31$9.90B2.93%
2017-12-31$9.61B6.96%
2016-12-31$8.99B-7.72%
2015-12-31$9.74B-19.46%
2014-12-31$12.09B-8.84%
2013-12-31$13.27B36.45%
2012-12-31$9.72B70.02%
2011-12-31$5.72B30.24%
2010-12-31$4.39B19.51%
2009-12-31$3.67B-

LATAM Airlines generated $11.64B in revenue during NA 2023, up 22.32% compared to the previous quarter, and up 117.64% compared to the same period a year ago.

LATAM Airlines Revenue by Quarter

DateRevenueChange
2024-09-30$3.25B8.78%
2024-06-30$2.98B-8.69%
2024-03-31$3.27B5.31%
2023-12-31$3.10B2.58%
2023-09-30$3.02B13.02%
2023-06-30$2.68B-4.61%
2023-03-31$2.81B2.23%
2022-12-31$2.74B7.29%
2022-09-30$2.56B14.90%
2022-06-30$2.23B16.13%
2022-03-31$1.92B-3.95%
2021-12-31$2.00B56.41%
2021-09-30$1.28B54.51%
2021-06-30$825.85M-1.94%
2021-03-31$842.20M-6.16%
2020-12-31$897.53M121.61%
2020-09-30$405.00M-54.15%
2020-06-30$883.35M-62.45%
2020-03-31$2.35B-18.05%
2019-12-31$2.87B10.75%
2019-09-30$2.59B13.24%
2019-06-30$2.29B-5.86%
2019-03-31$2.43B-7.87%
2018-12-31$2.64B10.61%
2018-09-30$2.39B5.75%
2018-06-30$2.26B-13.68%
2018-03-31$2.61B0.09%
2017-12-31$2.61B4.57%
2017-09-30$2.50B16.45%
2017-06-30$2.14B-9.11%
2017-03-31$2.36B-2.54%
2016-12-31$2.42B2.35%
2016-09-30$2.37B20.30%
2016-06-30$1.97B-11.97%
2016-03-31$2.23B-7.18%
2015-12-31$2.41B-0.68%
2015-09-30$2.42B4.84%
2015-06-30$2.31B-14.19%
2015-03-31$2.69B-13.23%
2014-12-31$3.10B-1.17%
2014-09-30$3.14B5.73%
2014-06-30$2.97B-6.50%
2014-03-31$3.18B-6.48%
2013-12-31$3.40B3.90%
2013-09-30$3.27B5.52%
2013-06-30$3.10B-9.10%
2013-03-31$3.41B0.01%
2012-12-31$3.41B4.58%
2012-09-30$3.26B105.71%
2012-06-30$1.58B5.19%
2012-03-31$1.51B0.28%
2011-12-31$1.50B1.04%
2011-09-30$1.49B11.64%
2011-06-30$1.33B-2.44%
2011-03-31$1.36B8.45%
2010-12-31$1.26B12.14%
2010-09-30$1.12B8.58%
2010-06-30$1.03B-0.12%
2010-03-31$1.03B-4.96%
2009-12-31$1.09B-

LATAM Airlines generated $3.25B in revenue during Q3 2024, up 8.78% compared to the previous quarter, and up 121.27% compared to the same period a year ago.

LATAM Airlines Revenue Breakdown

LATAM Airlines Revenue Breakdown by Country

Quarterly Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
BRAZIL$3.72B$1.66B$1.30B$3.95B-
ECUADOR$248.45M$162.96M$112.58M$203.33M-
UNITED STATES$1.06B$577.97M$505.14M$1.00B-
COLOMBIA$540.23M$368.47M$177.01M$380.45M-
PERU$858.96M$503.62M$297.55M$801.97M-
CHILE$1.51B$794.12M$638.23M$1.55B-
ARGENTINA$206.86M$75.51M$172.23M$584.96M-
AsiaPacificAndRestOfLatinAmericaMember-$359.98M$378.36M--
Europe1Member-$376.86M$338.56M--
Europe 1---$726.16M-
Asia Pacific And Rest Of Latin America---$872.20M-
Peru----$705.13M
Argentina----$989.88M
Asia Pacific and rest of Latin America----$830.50M
Brazil----$3.43B
Chile----$1.59B
Colombia----$372.79M
Ecuador----$203.84M
Europe----$782.20M
U.S.A.----$985.92M

LATAM Airlines's latest quarterly revenue breakdown by geography, as of Dec 22: BRAZIL (45.69%), CHILE (18.58%), UNITED STATES (12.98%), PERU (10.54%), COLOMBIA (6.63%), ECUADOR (3.05%), and ARGENTINA (2.54%).

LATAM Airlines Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
AALAmerican Airlines Group$54.21B$13.69B
ZTOZTO Express$38.42B$9.96B
PACGrupo Aeroportuario del Pacífico$33.22B$8.49B
ASRGrupo Aeroportuario del Sureste, S. A. B. de C. V.$25.82B$7.43B
CNHCNH Industrial$24.69B$4.71B
RYAAYRyanair$13.44B$2.17B
LTMLATAM Airlines Group$11.64B$3.25B
BAHBooz Allen Hamilton$10.66B$2.89B
LECOLincoln Electric$4.01B$1.09B
JOBYJoby Aviation$136.00K-
JBHTJ.B. Hunt Transport Services-$3.05B

LTM Revenue FAQ

What is LATAM Airlines’s yearly revenue?

LATAM Airlines's yearly revenue for 2023 was $11.64B, representing an increase of 22.32% compared to 2022. The company's yearly revenue for 2022 was $9.52B, representing an increase of 94.86% compared to 2021. LTM's yearly revenue for 2021 was $4.88B, representing an increase of 12.67% compared to 2020.

What is LATAM Airlines’s quarterly revenue?

LATAM Airlines's quarterly revenue for Q3 2024 was $3.25B, a 8.78% increase from the previous quarter (Q2 2024), and a 7.30% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.98B, a -8.69% decrease from the previous quarter (Q1 2024), and a 11.48% increase year-over-year (Q2 2023). LTM's quarterly revenue for Q1 2024 was $3.27B, a 5.31% increase from the previous quarter (Q4 2023), and a 16.46% increase year-over-year (Q1 2023).

What is LATAM Airlines’s revenue growth rate?

LATAM Airlines's revenue growth rate for the last 3 years (2021-2023) was 138.34%, and for the last 5 years (2019-2023) was 15.60%.