LTM vs. UAL: LATAM Airlines vs. United Airlines Stock Comparison

Company Profile

LATAM Airlines (LTM) and United Airlines (UAL) are both classified in the Passenger Airlines sub-industry within the broader Passenger Airlines industry, placing them in the closest GICS peer bucket.

United Airlines (UAL) carries decades of public-market history since February 6, 2006, while LATAM Airlines (LTM) listed on July 25, 2024 — long-window comparisons have far more historical data on the UAL side.

United Airlines (UAL) trades as ordinary local shares, while LATAM Airlines (LTM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

United Airlines (UAL) has an aggressive beta of 1.32, indicating higher sensitivity to broad-market moves, while LATAM Airlines (LTM) is defensive at 0.64 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

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; United Airlines (UAL) at 22.31% also sits in the top quartile.

Both LATAM Airlines (LTM) at 9.82% and United Airlines (UAL) at 5.46% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Both LATAM Airlines (LTM) at 13.14% and United Airlines (UAL) at 7.03% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

Profitability Metrics

Growth

LATAM Airlines (LTM) at 11.16% sits in the top revenue growth quartile, while United Airlines (UAL) at 3.52% is closer to the peer norm — faster top-line expansion for LTM.

LATAM Airlines (LTM) at 53.28% sits in the top EPS growth quartile, while United Airlines (UAL) at 7.94% is closer to the peer norm — faster per-share earnings growth for LTM.

Growth Metrics

Financial Strength

Both LATAM Airlines (LTM) at 0.68 and United Airlines (UAL) at 0.75 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Both balance sheets lean debt-heavy versus peers, but LTM is more stretched: United Airlines (UAL) at 1.93 sits in the higher-leverage quartile and LATAM Airlines (LTM) at 4.18 is above its industry benchmark range.

Financial Strength Metrics

Dividends

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

United Airlines (UAL) 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

Both LATAM Airlines (LTM) at 8.44 and United Airlines (UAL) at 10.32 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

On P/S ratio, both LATAM Airlines (LTM) at 0.82 and United Airlines (UAL) at 0.56 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

United Airlines (UAL) at 2.06 is valued about in line with its industry on P/B ratio, while LATAM Airlines (LTM) at 5.96 carries an above-peer premium to book — LTM is pricier on assets.

Valuation Metrics