Latam Airlines (LTM) Operating Leases (2017 - 2022)
Latam Airlines posted quarterly Operating Leases of $2.1 billion for Q4 2022, down 10.37% year-on-year from $2.4 billion in Q4 2021, and down 32.61% on a QoQ basis from $3.2 billion in Q3 2022.
Latam Airlines (LTM) has 6 years of Operating Leases data on file, last reported at $2.1 billion in Q4 2022.
- For the quarter ending Q4 2022, Operating Leases fell 10.37% year-over-year to $2.1 billion; the trailing twelve-month figure through Dec 2022 stood at $2.1 billion (down 10.37% YoY), and the FY2022 full-year result was $2.1 billion, down 10.37% from the prior year.
- Operating Leases for Q4 2022 stood at $2.1 billion, down from $3.2 billion in the prior quarter.
- Across five years, Operating Leases topped out at $3.2 billion in Q2 2022 and bottomed at $94.4 million in Q4 2020.
- The 5-year median for Operating Leases is $3.0 billion (2018), against an average of $2.5 billion.
- The widest annual swing landed in 2020, when Operating Leases sank 96.9%; it then jumped 2422.32% in 2021.
- A 5-year view of Operating Leases shows it stood at $2.9 billion in 2018, then gained by 6.44% to $3.0 billion in 2019, then tumbled by 96.9% to $94.4 million in 2020, then surged by 2422.32% to $2.4 billion in 2021, then dropped by 10.37% to $2.1 billion in 2022.
- The last three Operating Leases figures came in at $2.1 billion (Q4 2022), $3.2 billion (Q3 2022), and $3.2 billion (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 2.13 Bn |
| Sep 30, 2022 | 3.17 Bn |
| Jun 30, 2022 | 3.22 Bn |
| Dec 31, 2021 | 2.38 Bn |
| Dec 31, 2020 | 94.43 Mn |
| Mar 31, 2020 | 3.05 Bn |
| Dec 31, 2019 | 3.04 Bn |
| Dec 31, 2018 | 2.86 Bn |
| Dec 31, 2017 | 3.15 Bn |