Latam Airlines (LTM) Operating Leases (2017 - 2022)
Latam Airlines (LTM) reported Operating Leases of $2.1 billion for Q4 2022, down 10.37% on a YoY basis from $2.4 billion in Q4 2021, and down 32.61% quarter-over-quarter from $3.2 billion in Q3 2022.
Latam Airlines (LTM) Operating Leases (2017 - 2022) Analysis & Trends
Latam Airlines has reported Operating Leases for 6 years, with the latest figure 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.
- The five-year high for Operating Leases was $3.2 billion in Q2 2022, with the low at $94.4 million in Q4 2020.
- Historically, Operating Leases has averaged $2.5 billion across 5 years, with a median of $3.0 billion in 2018.
- Annual changes were most pronounced in 2020 — Operating Leases tumbled 96.9% — and 2021, when it jumped 2422.32%.
- Latam Airlines' Operating Leases stood at $2.9 billion in 2018, then rose by 6.44% to $3.0 billion in 2019, then plunged by 96.9% to $94.4 million in 2020, then jumped by 2422.32% to $2.4 billion in 2021, then slipped 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 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Latam Airlines | 247.02 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 |