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
DateValue
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