Latam Airlines (LTM) Free Cash Flow (2010 - 2026)
Latam Airlines (LTM) reported Free Cash Flow of $1.3 billion for Q1 2026, up 119403.8% on a YoY basis from N/an in Q1 2025, and down 77.27% quarter-over-quarter from $5.5 billion in Q4 2025.
Latam Airlines (LTM) Free Cash Flow (2010 - 2026) Analysis & Trends
Latam Airlines has reported Free Cash Flow for 16 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 119403.8% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $6.8 billion (up 29.92% YoY), and the FY2025 full-year result was $2.0 billion, up 10.13% from the prior year.
- Free Cash Flow for Q1 2026 stood at $1.3 billion, down from $5.5 billion in the prior quarter.
- The five-year high for Free Cash Flow was $1233.6 billion in Q2 2023, with the low at -$1410.3 billion in Q4 2023.
- Historically, Free Cash Flow has averaged $40.0 billion across 5 years, with a median of $782.1 million in 2024.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 54845.26% — and 2023, when it soared 216122.44%.
- Latam Airlines' Free Cash Flow stood at -$226.1 billion in 2022, then sank by 523.75% to -$1410.3 billion in 2023, then surged by 100.31% to $4.4 billion in 2024, then increased by 24.51% to $5.5 billion in 2025, then sank by 77.27% to $1.3 billion in 2026.
- The last three Free Cash Flow figures came in at $1.3 billion (Q1 2026), $5.5 billion (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | 1.43 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 201.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 788.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -949.97 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 391.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 130.43 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 251.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -6.00 Mn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | 1.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.25 Bn |
| Dec 31, 2025 | 5.51 Bn |
| Dec 31, 2025 | 5.51 Bn |
| Sep 30, 2025 | 3.81 Mn |
| Sep 30, 2025 | 3.81 Mn |
| Jun 30, 2025 | 2.48 Mn |
| Jun 30, 2025 | 2.48 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Dec 31, 2024 | 4.43 Bn |
| Dec 31, 2024 | 4.43 Bn |
| Sep 30, 2024 | 782.12 Mn |
| Sep 30, 2024 | 782.12 Mn |
| Jun 30, 2024 | 1.78 Mn |
| Jun 30, 2024 | 1.78 Mn |
| Mar 31, 2024 | 560,609.00 |
| Mar 31, 2024 | 560,609.00 |
| Dec 31, 2023 | -1,410.30 Bn |
| Dec 31, 2023 | -1,410.30 Bn |