LATAM Airlines Group S.A. (LTM) — Capital Reinvestment Ratio
Latest as of March 2026:
0.37x
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 LTM free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.37x
Capex / Operating Cash Flow
Operating Cash Flow
$933.15 Million
USD
Capital Expenditures
$345.02 Million
USD
Data as of
Mar 2026
Most recent filing
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.
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 LATAM Airlines Group S.A. market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow