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
DateValue
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