Latam Airlines (LTM) Invested Capital (2009 - 2025)
Latam Airlines (LTM) posted Invested Capital of $745.3 million for Q4 2025, up 17.33% on a QoQ basis from $635.2 million in Q4 2024, and up 17.33% year-over-year from $635.2 million in Q4 2024.
Latam Airlines (LTM) Invested Capital (2009 - 2025) Analysis & Trends
Latam Airlines' Invested Capital history runs 17 years deep, the most recent figure standing at $745.3 million for Q4 2025.
- Quarterly Invested Capital rose 17.33% year-over-year to $745.3 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $745.3 million (up 17.33% YoY) and the FY2025 annual result came in at $745.3 million, up 17.33% from the prior year.
- Invested Capital was $745.3 million for Q4 2025 at Latam Airlines, up from $635.2 million in the prior quarter.
- Across five years, Invested Capital topped out at $4.5 billion in Q4 2021 and bottomed at $596.1 million in Q4 2023.
- A 5-year average of $1.4 billion and a median of $802.8 million in 2022 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2021 — Invested Capital surged 45.74% — and 2022, when it slumped 81.97%.
- Latam Airlines' Invested Capital stood at $4.5 billion in 2021, then slumped by 81.97% to $802.8 million in 2022, then fell by 25.76% to $596.1 million in 2023, then gained by 6.57% to $635.2 million in 2024, then climbed by 17.33% to $745.3 million in 2025.
- Business Quant data shows LTM's Invested Capital at $745.3 million in Q4 2025, $635.2 million in Q4 2024, and $596.1 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,611.30 Bn | 30,608.63 Bn | 1.28 Mn | - |
| 2 | Ryanair Holdings | 60.99 Bn | 57.80 Bn | - | - |
| 3 | Delta Air Lines | 56.61 Bn | 51.95 Bn | 19.07 Bn | 3.44 Bn |
| 4 | Southwest Airlines | 22.20 Bn | 18.41 Bn | 7.33 Bn | 2.16 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.88 Bn | 8.06 Bn | - | - |
| 6 | Copa Holdings | 5.65 Bn | 4.32 Bn | 713.71 Mn | 1.98 Bn |
| 7 | Alaska Air | 5.37 Bn | 3.60 Bn | 3.20 Bn | 498.00 Mn |
| 8 | Skywest | 4.31 Bn | 3.71 Bn | 1.01 Bn | 656.71 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | 8.49 Bn |
| 10 | Allegiant Travel | 1.81 Bn | 908.16 Mn | 651.87 Mn | 15.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 745.30 Mn |
| Dec 31, 2024 | 635.21 Mn |
| Dec 31, 2023 | 596.06 Mn |
| Dec 31, 2022 | 802.84 Mn |
| Sep 30, 2022 | 1.24 Bn |
| Jun 30, 2022 | 1.30 Bn |
| Dec 31, 2021 | 4.45 Bn |
| Dec 31, 2020 | 3.06 Bn |
| Mar 31, 2020 | 1.69 Bn |
| Dec 31, 2019 | 1.89 Bn |
| Dec 31, 2018 | 1.79 Bn |
| Dec 31, 2017 | 10.10 Bn |
| Jun 30, 2016 | 1.12 Bn |
| Dec 31, 2015 | 1.34 Bn |
| Jun 30, 2015 | 1.54 Bn |
| Dec 31, 2014 | 1.71 Bn |
| Jun 30, 2014 | 2.09 Bn |
| Mar 31, 2014 | 2.36 Bn |
| Dec 31, 2013 | 2.33 Bn |
| Jun 30, 2013 | 2.52 Bn |