Latam Airlines (LTM) Operating Leases (2017 - 2022)
Latam Airlines (LTM) posted Operating Leases of $2.2 billion for Q4 2022, down 30.04% on a QoQ basis from $3.2 billion in Q3 2022, and down 23.14% year-over-year from $2.9 billion in Q4 2021.
Latam Airlines (LTM) Operating Leases (2017 - 2022) Analysis & Trends
Latam Airlines' Operating Leases history runs 6 years deep, the most recent figure standing at $2.2 billion for Q4 2022.
- Quarterly Operating Leases fell 23.14% year-over-year to $2.2 billion in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $2.2 billion (down 23.14% YoY) and the FY2022 annual result came in at $2.2 billion, down 23.14% from the prior year.
- Operating Leases was $2.2 billion for Q4 2022 at Latam Airlines, 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 $2.2 billion in Q4 2022.
- A 5-year average of $2.9 billion and a median of $3.0 billion in 2020 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2018 — Operating Leases surged 2402.87% — and 2022, when it dropped 23.14%.
- Latam Airlines' Operating Leases stood at $2.7 billion in 2018, then grew by 15.86% to $3.2 billion in 2019, then decreased by 4.59% to $3.0 billion in 2020, then decreased by 4.72% to $2.9 billion in 2021, then decreased by 23.14% to $2.2 billion in 2022.
- Business Quant data shows LTM's Operating Leases at $2.2 billion in Q4 2022, $3.2 billion in Q3 2022, and $3.2 billion in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 30,291.60 Bn | 30,288.93 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 61.23 Bn | 58.04 Bn | - |
| 3 | Delta Air Lines | 56.34 Bn | 51.67 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 22.20 Bn | 18.41 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.91 Bn | 8.08 Bn | - |
| 6 | Copa Holdings | 5.63 Bn | 4.29 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.40 Bn | 3.64 Bn | 3.20 Bn |
| 8 | Skywest | 4.24 Bn | 3.64 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 2.03 Bn | 1.62 Bn | 1.87 Bn |
| 10 | Allegiant Travel | 1.81 Bn | 911.71 Mn | 651.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 2.22 Bn |
| Sep 30, 2022 | 3.17 Bn |
| Jun 30, 2022 | 3.22 Bn |
| Dec 31, 2021 | 2.88 Bn |
| Dec 31, 2020 | 3.03 Bn |
| Mar 31, 2020 | 3.05 Bn |
| Dec 31, 2019 | 3.17 Bn |
| Dec 31, 2018 | 2.74 Bn |
| Dec 31, 2017 | 109.39 Mn |