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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. LATAM Airlines Group's current 3-Year Share Buyback Ratio was 1.70%.
The historical rank and industry rank for LATAM Airlines Group's 3-Year Share Buyback Ratio or its related term are showing as below:
LTM'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -281.9 Med: -2 Max: 1.7
Current: 1.7
During the past 13 years, LATAM Airlines Group's highest 3-Year Share Buyback Ratio was 1.70%. The lowest was -281.90%. And the median was -2.00%.
LTM's 3-Year Share Buyback Ratio is ranked better than 86.77% of 529
companies
in the Transportation industry
Industry Median: -0.5
vs LTM: 1.70
LATAM Airlines Group (NYSE:LTM) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
LATAM Airlines Group 3-Year Share Buyback Ratio Related Terms
LTM vs DAL, UAL, LUV: 3-Year Share Buyback Ratio Comparison
For the Airlines subindustry, LATAM Airlines Group's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, LATAM Airlines Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where LATAM Airlines Group's 3-Year Share Buyback Ratio falls into.
LATAM Airlines Group 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 1.70 mean?
LATAM Airlines Group (LTM) has a 3-Year Share Buyback Ratio of 1.70 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for LATAM Airlines Group and its competitors. According to the industry distribution chart, LATAM Airlines Group ranks #70 out of 529 companies in the Transportation industry, placing it in the top 13.2%.
Is LATAM Airlines Group's 3-Year Share Buyback Ratio too high?
LATAM Airlines Group's current 3-Year Share Buyback Ratio is 1.70. Based on the distribution chart, LATAM Airlines Group ranks #70 out of 529 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, LATAM Airlines Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LATAM Airlines Group's 3-Year Share Buyback Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, LATAM Airlines Group ranks #70 out of 529 companies for 3-Year Share Buyback Ratio. This places LATAM Airlines Group in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Transportation company?
A good 3-Year Share Buyback Ratio depends on the Transportation industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for LATAM Airlines Group and its competitors. LATAM Airlines Group's current 3-Year Share Buyback Ratio is 1.70. 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 Modestly Overvalued. The stock's GF Value™ is $41.52, compared to a current price of $52.26 — trading 25.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 1.70. LATAM Airlines Group's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For LATAM Airlines Group (LTM), the current 3-Year Share Buyback Ratio is 1.70 as of Jun. 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 $52.26 is trading 25.9% above its estimated GF Value™ of $41.52.
GuruFocus considers LATAM Airlines Group to be Modestly Overvalued.
Key valuation signals for LTM:
3-Year Share Buyback Ratio: 1.70
GF Value™: $41.52 vs. price of $52.26 (25.9% 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.
72GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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