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
DateValue
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