LATAM Airlines Group S.A Gross Margin 2010-2024 | LTM
- LATAM Airlines Group S.A average gross margin for 2023 was 23.26%, a 87.28% increase from 2022.
- LATAM Airlines Group S.A average gross margin for 2022 was 12.42%, a 180.18% increase from 2021.
- LATAM Airlines Group S.A average gross margin for 2021 was -15.49%, a 30.26% decline from 2020.
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.