LATAM Airlines Group S.A. Ratios | P/E, ROE & Valuation

On the Key Ratios page for LATAM Airlines Group S.A. (LTM), the latest P/E of 9.3 frames valuation, while ROE 126.90% and ROIC 19.26% indicates profitability and capital efficiency. Together with the current ratio of 0.67 and debt-to-equity 4.34, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

LTM Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$52.24$0.02$0.02$0.10$0.45$0.40$0.93$0.91$0.88$0.92
Net Income per Share$5.85$0.00$0.00$0.01$-0.43$-0.42$0.02$0.02$0.01$0.01
Operating Cash Flow per Share$12.62$0.01$0.00$0.00$-0.02$-0.05$0.26$0.14$0.15$0.10
Free Cash Flow per Share$6.44$0.00$0.00$-0.01$-0.08$-0.08$0.13$0.07$0.11$0.02
Cash per Share$9.03$0.00$0.00$0.02$0.10$0.16$0.13$0.13$0.15$0.17
Book Value per Share$6.71$0.00$0.00$0.00$-0.65$-0.22$0.29$0.34$0.39$0.43
Tangible Book Value per Share$2.56$-0.00$-0.00$-0.01$-0.74$-0.32$-0.05$0.00$-0.00$-0.01
Interest Debt per Share$31.43$0.01$0.01$0.08$1.03$1.05$1.01$0.72$0.76$0.92
CAPEX per Share$6.18$0.00$0.00$0.01$0.06$0.04$0.13$0.07$0.05$0.08

LTM Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)9.258.5111.250.48-0.89-4.25571.09616.46995.381188.56
Price to Book (P/B)7.9611.514.5415.16-0.59-7.9334.7430.5937.0220.08
Price to Sales (P/S)1.030.650.560.070.854.4510.811.3316.089.15
Enterprise Value to EBITDA4.895.776.5110.77-31.1-27.1674.4768.98108.8963.79
EV to Sales1.421.051.020.662.766.5711.7211.9616.7810
EV to Operating Cash Flow5.874.355.2464.11-73.33-57.5541.7678.0196.890.64
EV to Free Cash Flow11.497.598.48-8.46-15.7-31.8383.73155.7137.22429.93
Enterprise Value$21.25B$13.51B$11.87B$6.21B$13.50B$28.47B$118.05B$118.33B$161.34B$89.93B

LTM Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)126.90%135.08%129.21%3167.63%65.86%186.63%6.08%4.96%3.72%1.69%
Return on Invested Capital (ROIC)19.26%15.79%10.86%13.36%-70.10%-35.71%6.48%5.44%2.66%1.35%
Return on Tangible Assets9.59%6.85%4.30%11.04%-37.80%-31.13%1.09%1.32%1.07%0.47%
Earnings Yield10.92%11.75%8.89%208.97%-112.00%-23.54%0.18%0.16%0.10%0.08%
Free Cash Flow Yield12.01%21.42%21.38%-114.51%-20.72%-4.63%1.30%0.68%0.76%0.25%
Dividend Yield2.81%2.10%0.00%0.00%0.00%0.00%0.05%0.06%0.04%0.05%

LTM Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.670.620.740.690.210.420.580.590.640.58
Interest Coverage4.151.881.581.29-4.58-7.721.321.781.841.28
Income Quality2.163.183.890.070.040.1114.844.910.7314.33
Debt to Equity4.349.8915.63160.41-1.47-4.463.311.981.892.1
Debt to Assets44.89%46.88%47.98%51.34%78.10%69.35%49.15%41.34%41.98%44.82%
Net Debt to EBITDA1.352.222.929.66-21.54-8.745.863.64.565.43

LTM Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover8.649.387.338.837.136.756.496.667.497.04
Payables Turnover5.626.5610.7812.545.515.086.769.144.467.56
Inventory Turnover20.0521.8114.8716.9617.2714.7722.4527.8331.4428.87
Days Sales Outstanding42.2238.9149.841.3551.1854.0556.2654.8248.7351.84
Days Payables Outstanding64.9455.6433.8429.166.271.9153.9839.9581.8448.29
Days of Inventory on Hand18.216.7324.5421.5221.1324.7116.2613.1211.6112.64

LTM Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA4.895.776.5110.77-31.1-27.1674.4768.98108.8963.79
Market Cap$15.40B$8.32B$6.55B$640.85M$4.15B$19.31B$108.75B$112.15B$154.59B$82.27B
Enterprise Value$21.25B$13.51B$11.87B$6.21B$13.50B$28.47B$118.05B$118.33B$161.34B$89.93B
Dividend Yield2.81%2.10%0.00%0.00%0.00%0.00%0.05%0.06%0.04%0.05%
Payout Ratio42.46%17.90%0.00%0.00%0.00%-0.01%28.94%39.92%42.91%59.55%

Frequently Asked Questions

Is LATAM Airlines Group S.A. stock overvalued based on its P/E ratio?

On this page, LTM's current P/E is 9.3, compared with a multi-year average around 425.1. A lower P/E versus its own history is often interpreted as relatively cheaper valuation (all else equal). In practice, the "why" matters: check whether the lower multiple is supported by profitability and earnings quality (for example, ROE/ROIC and income quality in the table), or whether it reflects weaker fundamentals.

What is LATAM Airlines Group S.A. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $15.40B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for LATAM Airlines Group S.A. compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to LATAM Airlines Group S.A.'s own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does LATAM Airlines Group S.A. compare to its competitors in key financial ratios?

The fastest way to compare LATAM Airlines Group S.A. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see LATAM Airlines Group S.A. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is LATAM Airlines Group S.A. financially strong based on its ratios?

To assess whether LATAM Airlines Group S.A. is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 0.67, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 4.15, implying a stronger ability to cover interest expenses. Debt-to-equity is about 4.34, suggesting higher leverage than a low-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do LATAM Airlines Group S.A.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If LATAM Airlines Group S.A. is sustaining strong returns (for example ROE at 126.90% and ROIC at 19.26%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.