LATAM Airlines Group S.A. (LTM) — Capital Reinvestment Ratio
LATAM Airlines Group S.A. (LTM) has a Capital Reinvestment Ratio of 0.37x as of March 2026, meaning it reinvests 0% of its operating cash flow ($933.15 Million) in capital expenditures ($345.02 Million). See how leveraged is LATAM Airlines Group S.A.'s balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
LATAM Airlines Group S.A. Capital Reinvestment Ratio (1997–2025)
This chart tracks LATAM Airlines Group S.A.'s Capital Reinvestment Ratio across 27 annual periods. Check LTM cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for LATAM Airlines Group S.A. (1997–2025)
Year-by-year Capital Reinvestment Ratio for LATAM Airlines Group S.A. from 1997 to 2025. For live market cap and broader valuation context, see how much is LATAM Airlines Group S.A. worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.54x | $3.26 Billion | $1.77 Billion | ▲ +19.0% |
| 2024 | 0.46x | $3.11 Billion | $1.42 Billion | ▲ +30.0% |
| 2023 | 0.35x | $2.26 Billion | $795.79 Million | ▼ -95.9% |
| 2022 | 8.58x | $96.80 Million | $830.65 Million | ▲ +1612.1% |
| 2019 | 0.50x | $2.83 Billion | $1.42 Billion | ▲ +0.5% |
| 2018 | 0.50x | $1.52 Billion | $756.91 Million | ▲ +69.4% |
| 2017 | 0.29x | $1.67 Billion | $490.98 Million | ▼ -62.7% |
| 2016 | 0.79x | $992.13 Million | $782.96 Million | ▼ -16.5% |
| 2015 | 0.95x | $1.72 Billion | $1.62 Billion | ▼ -15.9% |
| 2014 | 1.12x | $1.33 Billion | $1.50 Billion | ▲ +11.1% |
| 2013 | 1.01x | $1.41 Billion | $1.43 Billion | ▼ -50.3% |
| 2012 | 2.03x | $1.20 Billion | $2.45 Billion | ▲ +12.0% |
| 2011 | 1.82x | $767.67 Million | $1.39 Billion | ▲ +95.0% |
| 2010 | 0.93x | $1.13 Billion | $1.05 Billion | ▲ +46.3% |
| 2009 | 0.64x | $845.83 Million | $538.58 Million | ▼ -44.2% |
| 2008 | 1.14x | $729.13 Million | $831.70 Million | ▼ -4.0% |
| 2007 | 1.19x | $707.02 Million | $839.85 Million | ▼ -36.7% |
| 2006 | 1.88x | $490.25 Million | $920.43 Million | ▼ -12.2% |
| 2005 | 2.14x | $276.94 Million | $592.41 Million | ▲ +484.5% |
| 2004 | 0.37x | $346.75 Million | $126.91 Million | ▲ +33.2% |
| 2003 | 0.27x | $235.73 Million | $64.76 Million | ▼ -80.2% |
| 2002 | 1.39x | $138.82 Million | $192.63 Million | ▼ -36.8% |
| 2001 | 2.19x | $155.56 Million | $341.27 Million | ▲ +102.3% |
| 2000 | 1.08x | $134.22 Million | $145.57 Million | ▼ -13.5% |
| 1999 | 1.25x | $112.26 Million | $140.80 Million | ▼ -61.1% |
| 1998 | 3.22x | $116.10 Million | $373.90 Million | ▲ +85.9% |
| 1997 | 1.73x | $103.00 Million | $178.40 Million | — |