• LATAM Airlines Group S.A average return on tangible equity for 2023 was -133.01, a 454.6% decline from 2022.
• LATAM Airlines Group S.A average return on tangible equity for 2022 was 37.51, a 53.54% decline from 2021.
• LATAM Airlines Group S.A average return on tangible equity for 2021 was 80.73, a 65.76% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.