LTM: Latam Airlines Group Sa Financial Statements
Balance sheet, income statement, and cash flow statements for Latam Airlines Group Sa (LTM).
$8.34B Market Cap.
LTM Market Cap. (MRY)
LTM Shares Outstanding (MRY)
LTM Assets (MRY)
Total Assets
$15.25B
Total Liabilities
$14.54B
Total Investments
$414.14M
LTM Income (MRY)
Revenue
$12.83B
Net Income
$976.97M
Operating Expense
$1.89B
LTM Cash Flow (MRY)
CF Operations
$3.11B
CF Investing
-$1.17B
CF Financing
-$1.56B
LTM Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $15,253,365,000 (4.00%) | $14,667,315,000 (11.02%) | $13,211,024,000 (-0.61%) | $13,291,532,000 |
Assets Current | $3,900,419,000 (-7.21%) | $4,203,362,000 (18.86%) | $3,536,424,000 (35.28%) | $2,614,228,000 |
Assets Non-Current | $11,352,946,000 (8.50%) | $10,463,953,000 (8.16%) | $9,674,600,000 (-9.39%) | $10,677,304,000 |
Goodwill & Intangible Assets | $1,000,170,000 (-13.18%) | $1,151,986,000 (6.63%) | $1,080,386,000 (6.04%) | $1,018,892,000 |
Shareholders Equity | $723,267,000 (60.62%) | $450,302,000 (965.10%) | $42,278,000 (100.60%) | -$7,056,548,000 |
Property Plant & Equipment Net | $10,186,697,000 (12.05%) | $9,091,130,000 (8.08%) | $8,411,661,000 (-11.36%) | $9,489,867,000 |
Cash & Equivalents | $1,957,788,000 (14.17%) | $1,714,761,000 (40.94%) | $1,216,675,000 (16.22%) | $1,046,835,000 |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $414,144,000 (-26.46%) | $563,189,000 (-34.42%) | $858,774,000 (144.97%) | $350,560,000 |
Investments Current | $270,956,000 (-24.75%) | $360,083,000 (-48.18%) | $694,879,000 (231.67%) | $209,506,000 |
Investments Non-Current | $143,188,000 (-29.50%) | $203,106,000 (23.92%) | $163,895,000 (16.19%) | $141,054,000 |
Inventory | $438,530,000 (-26.03%) | $592,880,000 (24.09%) | $477,789,000 (66.28%) | $287,337,000 |
Trade & Non-Trade Receivables | $1,176,074,000 (-15.93%) | $1,398,887,000 (34.46%) | $1,040,375,000 (16.28%) | $894,695,000 |
Trade & Non-Trade Payables | $2,638,209,000 (20.39%) | $2,191,310,000 (12.13%) | $1,954,288,000 (-67.28%) | $5,973,279,000 |
Accumulated Retained Earnings (Deficit) | $1,148,291,000 (147.26%) | $464,411,000 (106.19%) | -$7,501,896,000 (15.15%) | -$8,841,106,000 |
Tax Assets | $50,824,000 (-1.91%) | $51,812,000 (33.03%) | $38,948,000 (-31.13%) | $56,554,000 |
Tax Liabilities | $318,958,000 (-17.10%) | $384,730,000 (11.31%) | $345,651,000 (1.16%) | $341,686,000 |
Total Debt | $7,150,451,000 (3.07%) | $6,937,732,000 (2.30%) | $6,781,880,000 (-34.80%) | $10,402,153,000 |
Debt Current | $635,213,000 (6.57%) | $596,063,000 (-25.76%) | $802,841,000 (-81.97%) | $4,453,451,000 |
Debt Non-Current | $6,515,238,000 (2.74%) | $6,341,669,000 (6.07%) | $5,979,039,000 (0.51%) | $5,948,702,000 |
Total Liabilities | $14,542,036,000 (2.20%) | $14,229,040,000 (7.96%) | $13,180,303,000 (-35.26%) | $20,358,436,000 |
Liabilities Current | $6,290,842,000 (10.60%) | $5,688,135,000 (11.78%) | $5,088,695,000 (-58.68%) | $12,315,427,000 |
Liabilities Non-Current | $8,251,194,000 (-3.39%) | $8,540,905,000 (5.55%) | $8,091,608,000 (0.60%) | $8,043,009,000 |
LTM Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $12,833,043,000 (10.24%) | $11,640,541,000 (24.33%) | $9,362,521,000 (91.70%) | $4,884,015,000 (24.48%) |
Cost of Revenue | $9,565,899,000 (8.50%) | $8,816,590,000 (8.80%) | $8,103,483,000 (63.26%) | $4,963,485,000 (9.98%) |
Selling General & Administrative Expense | $1,430,700,000 (12.60%) | $1,270,583,000 (26.67%) | $1,003,028,000 (37.15%) | $731,314,000 (-7.87%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $1,890,542,000 (4.83%) | $1,803,384,000 (1340.88%) | -$145,331,000 (-104.03%) | $3,604,320,000 (45.53%) |
Interest Expense | $881,950,000 (26.31%) | $698,231,000 (-25.91%) | $942,403,000 (16.99%) | $805,544,000 (37.24%) |
Income Tax Expense | $16,489,000 (10.35%) | $14,942,000 (67.62%) | $8,914,000 (-98.43%) | $568,935,000 (203.41%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $977,445,000 (68.08%) | $581,550,000 (-56.51%) | $1,337,137,000 (128.74%) | -$4,653,142,000 (-2.14%) |
Net Income to Non-Controlling Interests | -$473,000 (-268.33%) | $281,000 (-86.44%) | $2,073,000 (-63.32%) | $5,651,000 (-41.43%) |
Net Income | $976,972,000 (67.91%) | $581,831,000 (-56.55%) | $1,339,210,000 (128.82%) | -$4,647,491,000 (-2.24%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $976,972,000 (67.91%) | $581,831,000 (-56.55%) | $1,339,210,000 (128.82%) | -$4,647,491,000 (-2.24%) |
Weighted Average Shares | $604,437,877,587 (-0.13%) | $605,231,854,725 (0.00%) | $605,231,854,725 | - |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $1,875,411,000 (44.82%) | $1,295,004,000 (-43.46%) | $2,290,527,000 (169.98%) | -$3,273,012,000 (27.41%) |
Gross Profit | $3,267,144,000 (15.69%) | $2,823,951,000 (124.29%) | $1,259,038,000 (1684.29%) | -$79,470,000 (86.52%) |
Operating Income | $1,376,602,000 (34.89%) | $1,020,567,000 (-27.33%) | $1,404,369,000 (138.12%) | -$3,683,790,000 (-20.14%) |
LTM Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,169,666,000 (-77.36%) | -$659,505,000 (11.94%) | -$748,957,000 (-35.56%) | -$552,511,000 (-1743.99%) |
Net Cash Flow from Financing | -$1,564,861,000 (-36.05%) | -$1,150,215,000 (-234.54%) | $854,955,000 (679.77%) | $109,642,000 (-90.22%) |
Net Cash Flow from Operations | $3,106,327,000 (37.23%) | $2,263,568,000 (2238.47%) | $96,797,000 (155.55%) | -$174,241,000 (64.78%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $243,027,000 (-51.21%) | $498,086,000 (193.27%) | $169,840,000 (126.17%) | -$649,006,000 (-204.13%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $752,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $86,000 (149.71%) | -$173,000 (-100.05%) |
Capital Expenditure | -$1,228,160,000 (-63.92%) | -$749,263,000 (-3.47%) | -$724,161,000 (-47.16%) | -$492,103,000 (-97.87%) |
Issuance (Repayment) of Debt Securities | -$598,520,000 (-5.49%) | -$567,363,000 (70.32%) | -$1,911,391,000 (-948.39%) | $225,297,000 (-84.39%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $3,751,828,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$174,838,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$128,773,000 (-391.09%) | $44,238,000 (234.24%) | -$32,955,000 (-3.32%) | -$31,896,000 (12.56%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
LTM Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 25.50% (4.94%) | 24.30% (81.34%) | 13.40% (937.50%) | -1.60% (89.33%) |
Profit Margin | 7.60% (52.00%) | 5.00% (-65.03%) | 14.30% (115.02%) | -95.20% (17.86%) |
EBITDA Margin | 14.60% (31.53%) | 11.10% (-54.69%) | 24.50% (136.57%) | -67.00% (41.69%) |
Return on Average Equity (ROAE) | 166.50% (-29.51%) | 236.20% (718.32%) | -38.20% | - |
Return on Average Assets (ROAA) | 6.50% (54.76%) | 4.20% (-58.42%) | 10.10% | - |
Return on Sales (ROS) | 14.60% (31.53%) | 11.10% (-54.69%) | 24.50% (136.57%) | -67.00% (41.69%) |
Return on Invested Capital (ROIC) | 14.30% (41.58%) | 10.10% (-51.67%) | 20.90% | - |
Dividend Yield | 0% | - | - | - |
Price to Earnings Ratio (P/E) | 8.53 | - | - | - |
Price to Sales Ratio (P/S) | 0.65 | - | - | - |
Price to Book Ratio (P/B) | 11.52 | - | - | - |
Debt to Equity Ratio (D/E) | 20.11 (-36.37%) | 31.6 (-89.86%) | 311.75 (10906.00%) | -2.88 |
Earnings Per Share (EPS) | 3.23 (67.81%) | 1.93 (-93.05%) | 27.72 (100.18%) | -15,327.94 (-2.24%) |
Sales Per Share (SPS) | 42.46 (10.39%) | 38.47 (24.33%) | 30.94 | - |
Free Cash Flow Per Share (FCFPS) | 6.21 (24.20%) | 5 (341.39%) | -2.07 | - |
Book Value Per Share (BVPS) | 2.39 (60.82%) | 1.49 (962.86%) | 0.14 | - |
Tangible Assets Book Value Per Share (TABVPS) | 47.16 (5.60%) | 44.66 (11.42%) | 40.09 | - |
Enterprise Value Over EBIT (EV/EBIT) | 7 | - | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 7.23 | - | - | - |
Asset Turnover | 0.86 (2.75%) | 0.83 (18.10%) | 0.71 | - |
Current Ratio | 0.62 (-16.10%) | 0.74 (6.33%) | 0.69 (227.83%) | 0.21 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $1,878,167,000 (24.03%) | $1,514,305,000 (341.38%) | -$627,364,000 (5.85%) | -$666,344,000 (10.36%) |
Enterprise Value (EV) | $13,558,169,332 | - | - | - |
Earnings Before Tax (EBT) | $993,461,000 (66.47%) | $596,773,000 (-55.73%) | $1,348,124,000 (133.05%) | -$4,078,556,000 (19.97%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,875,411,000 (44.82%) | $1,295,004,000 (-43.46%) | $2,290,527,000 (169.98%) | -$3,273,012,000 (27.41%) |
Invested Capital | $13,155,016,000 (0.80%) | $13,050,165,000 (3.51%) | $12,607,148,000 (35.38%) | $9,312,531,000 |
Working Capital | -$2,390,423,000 (-61.00%) | -$1,484,773,000 (4.35%) | -$1,552,271,000 (84.00%) | -$9,701,199,000 |
Tangible Asset Value | $14,253,195,000 (5.46%) | $13,515,329,000 (11.41%) | $12,130,638,000 (-1.16%) | $12,272,640,000 |
Market Capitalization | $8,335,198,332 | - | - | - |
Average Equity | $586,784,500 (138.25%) | $246,290,000 (107.02%) | -$3,507,135,000 | - |
Average Assets | $14,960,340,000 (7.33%) | $13,939,169,500 (5.19%) | $13,251,278,000 | - |
Invested Capital Average | $13,102,590,500 (2.14%) | $12,828,656,500 (17.05%) | $10,959,839,500 | - |
Shares | 604,437,877,587 (-0.13%) | 605,231,854,725 (0.00%) | 605,231,854,725 | - |
