• LATAM Airlines Group S.A average pre-tax profit margin for 2023 was 18.73%, a 159.18% decline from 2022.
• LATAM Airlines Group S.A average pre-tax profit margin for 2022 was -31.65%, a 72.87% decline from 2021.
• LATAM Airlines Group S.A average pre-tax profit margin for 2021 was -116.64%, a 89.14% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.