LATAM Airlines Group (FRA:LFL0) Shares Outstanding (EOP): 287 Mil (As of Mar. 2026)


FRA:LFL0 LATAM Airlines Group SA FRA:LFL0
70 GF Score
Price €48.80
GF Value €33.81
! 4 Warning Signs
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What is LATAM Airlines Group Shares Outstanding (EOP)?

LATAM Airlines Group FRA:LFL0 +0.41% 70 Shares Outstanding (EOP) is 287 Mil as of Mar. 2026. GuruFocus rates FRA:LFL0 with a GF Score™ of 70/100 and a GF Value™ of €33.81. The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. LATAM Airlines Group's shares outstanding for the quarter that ended in Mar. 2026 was 287 Mil.

LATAM Airlines Group's quarterly shares outstanding stayed the same from Dec. 2025 (287 Mil) to Mar. 2026 (287 Mil).

LATAM Airlines Group's annual shares outstanding declined from Dec. 2024 (302 Mil) to Dec. 2025 (287 Mil). It means LATAM Airlines Group bought back shares from Dec. 2024 to Dec. 2025 .


LATAM Airlines Group  (FRA:LFL0) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


LATAM Airlines Group Shares Outstanding (EOP) Related Terms


LATAM Airlines Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for LATAM Airlines Group's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LATAM Airlines Group Shares Outstanding (EOP) Chart

LATAM Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 302.62 302.22 302.22 287.11

LATAM Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 302.22 297.38 287.11 287.11 287.11

FRA:LFL0 vs DAL, UAL, LUV: Shares Outstanding (EOP) Comparison

For the Airlines subindustry, LATAM Airlines Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LATAM Airlines Group Shares Outstanding (EOP) vs Transportation Industry

For the Transportation industry and Industrials sector, LATAM Airlines Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where LATAM Airlines Group's Shares Outstanding (EOP) falls into.


FRA:LFL0
70GF Score
LATAM Airlines Group SA FRA:LFL0
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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LATAM Airlines Group Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 287 Mil mean?
LATAM Airlines Group (FRA:LFL0) has a Shares Outstanding (EOP) of 287 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on LATAM Airlines Group and its competitors.
Is LATAM Airlines Group's Shares Outstanding (EOP) too high?
LATAM Airlines Group's current Shares Outstanding (EOP) is 287 Mil. Overall, LATAM Airlines Group has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does LATAM Airlines Group's Shares Outstanding (EOP) compare to DAL and UAL?
LATAM Airlines Group's Shares Outstanding (EOP) of 287 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on LATAM Airlines Group and its competitors. LATAM Airlines Group's current Shares Outstanding (EOP) is 287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LATAM Airlines Group stock overvalued right now?
LATAM Airlines Group (FRA:LFL0) has a current Shares Outstanding (EOP) of 287 Mil. The stock's GF Value™ is €33.81, compared to a current price of €48.80 — trading 44.3% above its estimated fair value. The current Shares Outstanding (EOP) is 287 Mil. LATAM Airlines Group's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For LATAM Airlines Group (FRA:LFL0), the current Shares Outstanding (EOP) is 287 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LATAM Airlines Group (FRA:LFL0) Overvalued in 2026?

Based on GuruFocus' analysis, LATAM Airlines Group stock appears to be overvalued. The current stock price of €48.80 is trading 44.3% above its estimated GF Value™ of €33.81.

Key valuation signals for FRA:LFL0:

  • Shares Outstanding (EOP): 287 Mil
  • GF Value™: €33.81 vs. price of €48.80 (44.3% above fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the FRA:LFL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LATAM Airlines Group Business Description

Address Presidente Riesco 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA is a Chilean-based airline company involved in the transportation of passengers and cargo. The company provides domestic services in Brazil, Chile, Peru, Colombia and Ecuador, as well as regional flights and long-haul operations. It carries out cargo operations using both belly space on passenger flights and dedicated freighter aircraft. The group also offers complementary services, such as ground handling, courier, logistics, and maintenance.
70GF Score

Get the complete analysis for FRA:LFL0

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€48.80
Price
€33.81
GF Value