Latam Airlines stock holds on earnings and traffic data

Latam Airlines stock is supported by recent earnings, traffic, and balance sheet data as investors track the latest reported figures and market context.

Latam Airlines Group S.A. (ISIN US50046P1057) stock is framed by its latest reported operating metrics, including 2025 revenue, 2025 profit, and quarterly traffic trends, while its market context remains tied to dated share and valuation data. The latest investor relations material on Latam Airlines investor relations is the natural reference point for those figures.

Revenue and profit set the base

Latam Airlines reported full-year 2025 revenue of USD 13.4 billion, a comparison point that shows the scale of the business after its post-restructuring recovery. Net income for 2025 reached USD 977 million, up from USD 301 million in 2024, giving the stock a clearer earnings anchor than a pure traffic story.

Adjusted EBITDAR for 2025 was USD 2.7 billion, with an adjusted EBITDAR margin of 20.1%, and that margin matters more than raw revenue for airline investors. The company also reported operating cash generation of USD 2.2 billion in 2025, which supported its balance sheet repair.

Traffic still carries the story

Latam said its 2025 passenger traffic reached 85.2 million passengers, a year-on-year increase of 12.6%, while its load factor finished the year at 84.3%. Those figures show that capacity discipline and demand recovery were still working together in the latest reporting cycle.

For investors, the important comparison is not just traffic growth but the way it translated into profitability. Revenue of USD 13.4 billion, net income of USD 977 million, and adjusted EBITDAR of USD 2.7 billion together point to a carrier that has moved beyond the narrow recovery phase.

Market level and valuation

The market view also needs a price anchor, and Latam Airlines shares were last quoted at USD 21.40 as of 16 July 2026, with the stock trading near a recent market-cap level of about USD 12.4 billion. That gives a concrete valuation frame for the 2025 earnings base.

On the same dated context, the stock is best read through the gap between its earnings power and its airline cyclicality. A carrier with USD 2.2 billion of operating cash generation in 2025 and double-digit traffic growth does not trade like a plain low-margin legacy airline.

Passenger network matters

Latam Airlines has made the passenger network its central product, and the 2025 traffic figure of 85.2 million passengers shows the scale of that core business. The 84.3% load factor also indicates that the network remained tightly managed across the year.

That matters because airlines usually earn value from disciplined capacity, not from unit growth alone. The difference between 12.6% traffic growth and 20.1% adjusted EBITDAR margin is where the market tends to focus.

Shares and earnings line up

As of 16 July 2026, the stock price of USD 21.40 sits against a 2025 revenue base of USD 13.4 billion and 2025 net income of USD 977 million. That combination gives Latam Airlines a visible earnings story rather than a purely cyclical headline.

For a listed airline, the stock now trades on how long those 2025 margins and cash flows can hold. The dated numbers suggest that execution, rather than story, remains the main investment variable.

Latam Airlines key figures

• Company: Latam Airlines Group S.A.
• ISIN: US50046P1057
• Ticker: NYSE: LTM
• Trading venue: New York Stock Exchange
• Price (as of 16 July 2026, 15:00 UTC): USD 21.40
• Market capitalization: USD 12.4 billion (as of 16 July 2026)
• Sector / Industry: Industrials / Passenger Airlines
• Index membership: Not listed in a major US benchmark index