Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.
LATAM Airlines Group's Passenger Load Factor % for the quarter that ended in Mar. 2026 was 85.30%
, which is lower than
85.60% for the pervious quarter ended in Dec. 2025.
LATAM Airlines Group's Passenger Load Factor % for the annual that ended in Dec. 2025 was 84.40%
, which is higher than
84.30% for the pervious year ended in Dec. 2024.
The historical rank and industry rank for LATAM Airlines Group's Passenger Load Factor % or its related term are showing as below:
LTM's Passenger Load Factor % is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Passenger Load Factor % only.
LATAM Airlines Group (NYSE:LTM) Passenger Load Factor % Explanation
Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.
The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.
Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.
LATAM Airlines Group Passenger Load Factor % Related Terms
LATAM Airlines Group Passenger Load Factor % Historical Data
* Premium members only.
The historical data trend for LATAM Airlines Group's Passenger Load Factor % 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 Passenger Load Factor % Chart
LTM vs DAL, UAL, LUV: Passenger Load Factor % Comparison
For the Airlines subindustry, LATAM Airlines Group's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % 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 (NYSE:LTM) Passenger Load Factor % Calculation
Passenger Load Factor % is calculated as
Passenger Load Factor %
=
Passenger Miles Travelled
/
Available Seat Miles
* 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.
Frequently Asked Questions
What does a Passenger Load Factor % of 85.30% mean?
LATAM Airlines Group (LTM) has a Passenger Load Factor % of 85.30% as of Mar. 2026. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on LATAM Airlines Group and its competitors.
Is LATAM Airlines Group's Passenger Load Factor % too high?
LATAM Airlines Group's current Passenger Load Factor % is 85.30%. Overall, LATAM Airlines Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LATAM Airlines Group's Passenger Load Factor % compare to DAL and UAL?
LATAM Airlines Group's Passenger Load Factor % of 85.30% 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 Passenger Load Factor % for a Transportation company?
A good Passenger Load Factor % depends on the Transportation industry context. However, Passenger Load Factor % 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 Passenger Load Factor % mean?
A high Passenger Load Factor % can signal that a stock is expensive relative to its fundamentals. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on LATAM Airlines Group and its competitors. LATAM Airlines Group's current Passenger Load Factor % is 85.30%. 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?
Based on GuruFocus' analysis, LATAM Airlines Group (LTM) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.25, compared to a current price of $57.35 — trading 46.1% above its estimated fair value. The current Passenger Load Factor % is 85.30%. LATAM Airlines Group's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Passenger Load Factor % calculated?
Passenger Load Factor % is calculated from a company's financial statements. For LATAM Airlines Group (LTM), the current Passenger Load Factor % is 85.30% 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 (LTM) Overvalued in 2026?
Based on GuruFocus' analysis, LATAM Airlines Group stock appears to be overvalued.
The current stock price of $57.35 is trading 46.1% above its estimated GF Value™ of $39.25.
GuruFocus considers LATAM Airlines Group to be Significantly Overvalued.
Key valuation signals for LTM:
Passenger Load Factor %: 85.30%
GF Value™: $39.25 vs. price of $57.35 (46.1% above fair value)
No single metric tells the full story. See the LTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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