Latam Airlines (LTM) Return on Capital Employed (2009 - 2026)

Latam Airlines (LTM) posted Return on Capital Employed of 6481.6% for Q1 2026, up 79712.9% on a QoQ basis from 8.12% in Q4 2025, and up 76201.0% year-over-year from N/an in Q1 2025.

Latam Airlines (LTM) Return on Capital Employed (2009 - 2026) Analysis & Trends

Latam Airlines' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 6481.6% for Q1 2026.

  • Quarterly Return on Capital Employed rose 76201.0% year-over-year to 6481.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6481.6% (up 76201.0% YoY) and the FY2025 annual result came in at 25.52%, up 774.0% from the prior year.
  • Return on Capital Employed was 6481.6% for Q1 2026 at Latam Airlines, up from 8.12% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 4839296.25% in Q2 2025 and bottomed at 223991.93% in Q1 2022.
  • A 5-year average of 483369.92% and a median of 7.35% in 2023 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 22392357 bps — and 2024, when it surged 358529909 bps.
  • Latam Airlines' Return on Capital Employed stood at 0.0% in 2022, then jumped by 98340 bps to 4.56% in 2023, then rose by 26 bps to 5.73% in 2024, then jumped by 42 bps to 8.12% in 2025, then soared by 79713 bps to 6481.6% in 2026.
  • Business Quant data shows LTM's Return on Capital Employed at 6481.6% in Q1 2026, 8.12% in Q4 2025, and 8.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 6,481.60%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - 18.34%
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 10.65%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 6.32%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -6.79%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 16.15%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 1.66%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 10.54%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -3.55%
10 Allegiant Travel 1.82 Bn 915.81 Mn 651.87 Mn 1.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 6,481.60%
Dec 31, 2025 8.12%
Sep 30, 2025 8.12%
Jun 30, 2025 4,839,296.25%
Mar 31, 2025 5,719.59%
Dec 31, 2024 5.73%
Sep 30, 2024 5.73%
Jun 30, 2024 3,585,306.44%
Mar 31, 2024 4,434.48%
Dec 31, 2023 4.56%
Sep 30, 2023 4.56%
Jun 30, 2023 7.35%
Mar 31, 2023 7.50%
Dec 31, 2022 0.00%
Sep 30, 2022 0.00%
Jun 30, 2022 -9.54%
Mar 31, 2022 -223,991.93%
Dec 31, 2021 -42,400.05%
Sep 30, 2021 -16,161.32%
Jun 30, 2021 -13.02%