Latam Airlines Group S.a annual debt-to-equity ratio
2016
2017
2018
2019
2022
2023
2024
2025
Latam Airlines Group S.a Debt-to-Equity Ratio Growth & History (LTM)
Latam Airlines Group S.a's debt-to-equity ratio was 6.01 for fiscal 2025.
View full Latam Airlines Group S.a company overviewLatam Airlines Group S.a annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 6.01 | −3.88 | −39.20% |
| 2024 | 2024-12-31 | 9.89 | −5.52 | −35.82% |
| 2023 | 2023-12-31 | 15.40 | −145.01 | −90.40% |
| 2022 | 2022-12-31 | 160.41 | — | — |
| 2019 | 2019-12-31 | 3.31 | 0.28 | +9.31% |
| 2018 | 2018-12-31 | 3.03 | 0.17 | +6.07% |
| 2017 | 2017-12-31 | 2.86 | 0.75 | +35.94% |
| 2016 | 2016-12-31 | 2.10 | — | — |
Latam Airlines Group S.a quarterly debt-to-equity ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.51 | −3.71 | −45.13% |
| Q1 2026 | 2026-03-31 | 4.34 | — | — |
| Q4 2025 | 2025-12-31 | 6.01 | −3.88 | −39.20% |
| Q3 2025 | 2025-09-30 | 6.90 | — | — |
| Q2 2025 | 2025-06-30 | 8.22 | — | — |
| Q4 2024 | 2024-12-31 | 9.89 | −5.52 | −35.82% |
| Q4 2023 | 2023-12-31 | 15.40 | −145.01 | −90.40% |
| Q4 2022 | 2022-12-31 | 160.41 | — | — |
| Q4 2019 | 2019-12-31 | 3.31 | 0.28 | +9.31% |
| Q4 2018 | 2018-12-31 | 3.03 | 0.17 | +6.07% |
| Q4 2017 | 2017-12-31 | 2.86 | 0.75 | +35.94% |
| Q4 2016 | 2016-12-31 | 2.10 | — | — |
Latam Airlines Group S.a debt-to-equity ratio trends
Between the periods ended 2016-12-31 and 2025-12-31, Latam Airlines Group S.a's debt-to-equity ratio increased from 2.10 to 6.01, a change of 3.91. The latest reported quarter, Q2 2026, shows 4.51.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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