LATAM Airlines Group S.A Gross Margin 2010-2025 | LTM
- LATAM Airlines Group S.A average gross margin for 2024 was 25.14%, a 18.92% increase from 2023.
- LATAM Airlines Group S.A average gross margin for 2023 was 21.14%, a 113.54% increase from 2022.
- LATAM Airlines Group S.A average gross margin for 2022 was 9.9%, a 139.11% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.