Latam Airlines (LTM) Invested Capital (2011 - 2025)
Latam Airlines posted quarterly Invested Capital of $2.1 billion for Q4 2025, up 53.91% year-on-year from $1.4 billion in Q4 2024, and up 53.91% on a QoQ basis from $1.4 billion in Q4 2024.
Latam Airlines (LTM) has 13 years of Invested Capital data on file, last reported at $2.1 billion in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital rose 53.91% year-over-year to $2.1 billion; the trailing twelve-month figure through Dec 2025 stood at $2.1 billion (up 53.91% YoY), and the FY2025 full-year result was $2.1 billion, up 53.91% from the prior year.
- Invested Capital for Q4 2025 stood at $2.1 billion, up from $1.4 billion in the prior quarter.
- Across five years, Invested Capital topped out at $8.5 billion in Q3 2022 and bottomed at -$2.6 billion in Q4 2021.
- The 5-year median for Invested Capital is $1.4 billion (2024), against an average of $2.8 billion.
- The widest annual swing landed in 2021, when Invested Capital slumped 524.41%; it then soared 132.47% in 2022.
- A 5-year view of Invested Capital shows it stood at -$2.6 billion in 2021, then jumped by 132.47% to $845.1 million in 2022, then gained by 23.81% to $1.0 billion in 2023, then advanced by 29.83% to $1.4 billion in 2024, then soared by 53.91% to $2.1 billion in 2025.
- The last three Invested Capital figures came in at $2.1 billion (Q4 2025), $1.4 billion (Q4 2024), and $1.0 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 33.61 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 7.38 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 3.53 Bn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 394.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 8.81 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 3.33 Bn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 4.76 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 10.25 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 2.89 Bn |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.09 Bn |
| Dec 31, 2024 | 1.36 Bn |
| Dec 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 845.12 Mn |
| Sep 30, 2022 | 8.49 Bn |
| Jun 30, 2022 | 8.43 Bn |
| Dec 31, 2021 | -2.60 Bn |
| Dec 31, 2020 | 613.35 Mn |
| Mar 31, 2020 | 7.58 Bn |
| Dec 31, 2019 | 5.01 Bn |
| Dec 31, 2018 | 5.23 Bn |
| Dec 31, 2017 | 5.59 Bn |
| Dec 31, 2016 | 4.19 Bn |
| Dec 31, 2015 | -2.14 Mn |
| Mar 31, 2012 | 30.25 Bn |
| Dec 31, 2011 | 29.75 Bn |