Latam Airlines (LTM) Change in Working Capital (2013 - 2026)
Latam Airlines (LTM) posted Change in Working Capital of -$245.1 million for Q1 2026, down 218.78% on a QoQ basis from $206.4 million in Q4 2025, and down 6.82% year-over-year from -$263.1 million in Q1 2025.
Latam Airlines (LTM) Change in Working Capital (2013 - 2026) Analysis & Trends
Latam Airlines' Change in Working Capital history runs 7 years deep, the most recent figure standing at -$245.1 million for Q1 2026.
- Quarterly Change in Working Capital fell 6.82% year-over-year to -$245.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$39.6 million (down 112.79% YoY) and the FY2025 annual result came in at -$24.0 million, down 108.19% from the prior year.
- Change in Working Capital was -$245.1 million for Q1 2026 at Latam Airlines, down from $206.4 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $349.6 million in Q2 2024 and bottomed at -$246.6 million in Q1 2024.
- A 3-year average of $2.6 million and a median of -$7.7 million in 2024 frame the typical range for Change in Working Capital.
- Peak annual rise in Change in Working Capital reached 6.95% in 2025, while the deepest fall reached 986.58% in 2025.
- Latam Airlines' Change in Working Capital stood at $197.2 million in 2024, then rose by 4.66% to $206.4 million in 2025, then slumped by 218.78% to -$245.1 million in 2026.
- Business Quant data shows LTM's Change in Working Capital at -$245.1 million in Q1 2026, $206.4 million in Q4 2025, and -$83.8 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,248.88 Bn | 30,246.21 Bn | 1.28 Mn | -245.14 Mn |
| 2 | Ryanair Holdings | 61.26 Bn | 58.07 Bn | - | - |
| 3 | Delta Air Lines | 56.16 Bn | 51.49 Bn | 19.07 Bn | - |
| 4 | Southwest Airlines | 22.12 Bn | 18.33 Bn | 7.33 Bn | - |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.86 Bn | 8.04 Bn | - | - |
| 6 | Copa Holdings | 5.64 Bn | 4.31 Bn | 713.71 Mn | - |
| 7 | Alaska Air | 5.39 Bn | 3.62 Bn | 3.20 Bn | - |
| 8 | Skywest | 4.23 Bn | 3.63 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.02 Bn | 1.60 Bn | 1.87 Bn | - |
| 10 | Allegiant Travel | 1.81 Bn | 906.88 Mn | 651.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -245.14 Mn |
| Mar 31, 2026 | -245.14 Mn |
| Dec 31, 2025 | 206.38 Mn |
| Dec 31, 2025 | 206.38 Mn |
| Sep 30, 2025 | -83.81 Mn |
| Sep 30, 2025 | -83.81 Mn |
| Jun 30, 2025 | 82.96 Mn |
| Jun 30, 2025 | 82.96 Mn |
| Mar 31, 2025 | -229.49 Mn |
| Mar 31, 2025 | -229.49 Mn |
| Dec 31, 2024 | 197.18 Mn |
| Dec 31, 2024 | 197.18 Mn |
| Sep 30, 2024 | -7.71 Mn |
| Sep 30, 2024 | -7.71 Mn |
| Jun 30, 2024 | 349.63 Mn |
| Jun 30, 2024 | 349.63 Mn |
| Mar 31, 2024 | -246.62 Mn |
| Mar 31, 2024 | -246.62 Mn |
| Dec 31, 2016 | -4,337.00 |
| Dec 31, 2016 | -4,337.00 |