Latam Airlines (LTM) Return on Invested Capital (2012 - 2023)
Latam Airlines posted quarterly Return on Invested Capital of 0.0% for Q4 2023, up 35.0% year-on-year from 0.0% in Q4 2022, and up 189.52% on a QoQ basis from 0.0% in Q3 2023.
Latam Airlines (LTM) has 6 years of Return on Invested Capital data on file, last reported at 0.0% in Q4 2023.
- For the quarter ending Q4 2023, Return on Invested Capital rose 35.0% year-over-year to 0.0%; the trailing twelve-month figure through Dec 2023 stood at 0.0% (up 35.0% YoY), and the FY2025 full-year result was 0.01%, changed 0.0% from the prior year.
- Return on Invested Capital for Q4 2023 stood at 0.0%, up from 0.0% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.0% in Q4 2023 and bottomed at 0.34% in Q4 2022.
- The 4-year median for Return on Invested Capital is 0.01% (2021), against an average of 0.08%.
- The widest annual swing landed in 2021, when Return on Invested Capital slipped 1 bps; it then jumped 35 bps in 2023.
- A 4-year view of Return on Invested Capital shows it stood at 0.01% in 2020, then slipped by 9 bps to 0.01% in 2021, then tumbled by 3068 bps to 0.34% in 2022, then surged by 101 bps to 0.0% in 2023.
- The last three Return on Invested Capital figures came in at 0.0% (Q4 2023), 0.0% (Q3 2023), and 0.07% (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 0.00% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 0.00% |
| 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 | - | 0.00% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 0.00% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 0.00% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | - |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 0.00% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 0.00% |
| 10 | Latam Airlines | 237.16 Mn | -2.43 Bn | 1.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | -0.07% |
| Mar 31, 2023 | -0.14% |
| Dec 31, 2022 | -0.34% |
| Sep 30, 2022 | -0.28% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | -0.01% |
| Sep 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2016 | 0.00% |
| Sep 30, 2016 | -1.75% |
| Jun 30, 2016 | -2.76% |
| Mar 31, 2016 | -3.21% |
| Mar 31, 2012 | 0.14% |