LTM vs. PAC: LATAM Airlines vs. Grupo Aeroportuario Stock Comparison

Company Profile

LATAM Airlines (LTM) and Grupo Aeroportuario (PAC) both fall under the Transportation industry group, but LTM is classified in Passenger Airlines while PAC is classified in Transportation Infrastructure.

Grupo Aeroportuario (PAC) carries decades of public-market history since February 27, 2006, while LATAM Airlines (LTM) listed on July 25, 2024 — long-window comparisons have far more historical data on the PAC side.

Both LATAM Airlines (LTM) and Grupo Aeroportuario (PAC) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both companies show strong equity returns, but LATAM Airlines (LTM) at 98.02% is the standout with ROE above its industry range; Grupo Aeroportuario (PAC) at 26.70% also sits in the top quartile.

Grupo Aeroportuario (PAC) at 29.51% retains a top-quartile share of revenue as profit, ahead of LATAM Airlines (LTM) at 9.82%, which keeps about the industry-typical share.

Grupo Aeroportuario (PAC) at 43.26% operates in the top operating margin quartile, ahead of LATAM Airlines (LTM) at 13.14%, which runs around its industry’s norm.

Profitability Metrics

Growth

Both LATAM Airlines (LTM) at 11.16% and Grupo Aeroportuario (PAC) at 23.19% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Both LATAM Airlines (LTM) at 53.28% and Grupo Aeroportuario (PAC) at 12.68% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Growth Metrics

Financial Strength

Grupo Aeroportuario (PAC) at 0.79 keeps current ratio within its industry’s typical mid-range, while LATAM Airlines (LTM) at 0.68 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LTM.

Grupo Aeroportuario (PAC) at 1.17 is near its industry mid-range for debt-to-equity ratio, while LATAM Airlines (LTM) at 4.18 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

LATAM Airlines (LTM) at 0.00% pays an industry-typical yield; Grupo Aeroportuario (PAC) at 8.46% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

Grupo Aeroportuario (PAC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile LATAM Airlines (LTM) reports a payout of 27.08%, ranking against industry peers normally.

Dividend Metrics

Valuation

LATAM Airlines (LTM) at 8.44 sits in the cheaper P/E ratio quartile, while Grupo Aeroportuario (PAC) at 21.16 is closer to its industry’s usual earnings multiple — a discount for LTM, though growth and earnings durability still matter.

Grupo Aeroportuario (PAC) at 0.42 sits in the cheaper P/S ratio quartile while LATAM Airlines (LTM) at 0.82 prices around its industry’s middle — PAC costs less per dollar of sales, though read it alongside growth and margins.

Both look rich against book: LATAM Airlines (LTM) at 5.96 sits in the upper P/B ratio quartile, and Grupo Aeroportuario (PAC) at 719.39 prices even higher, above its industry range.

Valuation Metrics