Latam Airlines (LTM) Accumulated Expenses (2018 - 2022)
Latam Airlines (LTM) reported Accumulated Expenses of $379.2 million for Q4 2022, down 86.89% on a YoY basis from $2.9 billion in Q4 2021, and down 86.89% quarter-over-quarter from $2.9 billion in Q4 2021.
Latam Airlines (LTM) Accumulated Expenses (2018 - 2022) Analysis & Trends
Latam Airlines has reported Accumulated Expenses for 5 years, with the latest figure at $379.2 million in Q4 2022.
- For the quarter ending Q4 2022, Accumulated Expenses fell 86.89% year-over-year to $379.2 million; the trailing twelve-month figure through Dec 2022 stood at $379.2 million (down 86.89% YoY), and the FY2022 full-year result was $379.2 million, down 86.89% from the prior year.
- Accumulated Expenses for Q4 2022 stood at $379.2 million, down from $2.9 billion in the prior quarter.
- The five-year high for Accumulated Expenses was $2.9 billion in Q4 2021, with the low at $379.2 million in Q4 2022.
- Historically, Accumulated Expenses has averaged $956.6 million across 5 years, with a median of $551.6 million in 2019.
- Annual changes were most pronounced in 2021 — Accumulated Expenses soared 412.74% — and 2022, when it tumbled 86.89%.
- Latam Airlines' Accumulated Expenses stood at $394.3 million in 2018, then jumped by 39.88% to $551.6 million in 2019, then rose by 2.31% to $564.3 million in 2020, then soared by 412.74% to $2.9 billion in 2021, then plunged by 86.89% to $379.2 million in 2022.
- The last three Accumulated Expenses figures came in at $379.2 million (Q4 2022), $2.9 billion (Q4 2021), and $564.3 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 379.20 Mn |
| Dec 31, 2021 | 2.89 Bn |
| Dec 31, 2020 | 564.33 Mn |
| Dec 31, 2019 | 551.57 Mn |
| Dec 31, 2018 | 394.33 Mn |