LATAM Airlines Group S.A. (LTM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, LATAM Airlines Group S.A. (LTM) has a cash flow conversion efficiency ratio of 0.484x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($933.15 Million) by net assets ($1.93 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See LATAM Airlines Group S.A. net asset quality index to measure how much of total assets are equity-financed.
LATAM Airlines Group S.A. - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how LATAM Airlines Group S.A.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is LATAM Airlines Group S.A.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
LATAM Airlines Group S.A. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of LATAM Airlines Group S.A. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bharat Petroleum Corporation Limited
NSE:BPCL
|
0.227x |
|
Lundin Gold Inc
TO:LUG
|
0.153x |
|
Korea Zinc Inc
KO:010130
|
-0.008x |
|
CG Power and Industrial Solutions Limited
NSE:CGPOWER
|
0.059x |
|
GENMAB AS SP.ADR/1/10DK 1
F:GE91
|
0.051x |
|
Banco de Chile
F:G4RA
|
-0.033x |
|
Inner Mongolia BaoTou Steel Union Co Ltd
SHG:600010
|
0.009x |
|
YPF Sociedad Anonima
NYSE:YPF
|
0.000x |
Annual Cash Flow Conversion Efficiency for LATAM Airlines Group S.A. (1997–2025)
The table below shows the annual cash flow conversion efficiency of LATAM Airlines Group S.A. from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see LATAM Airlines Group S.A. (LTM) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.34 Billion | $3.26 Billion | 2.438x | -44.17% |
| 2024-12-31 | $711.33 Million | $3.11 Billion | 4.367x | -15.45% |
| 2023-12-31 | $438.27 Million | $2.26 Billion | 5.165x | +63.92% |
| 2022-12-31 | $30.72 Million | $96.80 Million | 3.151x | +11994.96% |
| 2021-12-31 | $-7.07 Billion | $-184.10 Million | 0.026x | -87.14% |
| 2020-12-31 | $-2.44 Billion | $-494.70 Million | 0.203x | -77.58% |
| 2019-12-31 | $3.13 Billion | $2.83 Billion | 0.903x | +123.12% |
| 2018-12-31 | $3.75 Billion | $1.52 Billion | 0.405x | +3.65% |
| 2017-12-31 | $4.27 Billion | $1.67 Billion | 0.391x | +64.77% |
| 2016-12-31 | $4.19 Billion | $992.13 Million | 0.237x | -59.41% |
| 2015-12-31 | $2.94 Billion | $1.72 Billion | 0.584x | +97.54% |
| 2014-12-31 | $4.50 Billion | $1.33 Billion | 0.296x | +11.78% |
| 2013-12-31 | $5.33 Billion | $1.41 Billion | 0.264x | +13.56% |
| 2012-12-31 | $5.17 Billion | $1.20 Billion | 0.233x | -55.79% |
| 2011-12-31 | $1.46 Billion | $767.67 Million | 0.527x | -39.15% |
| 2010-12-31 | $1.30 Billion | $1.13 Billion | 0.866x | +13.18% |
| 2009-12-31 | $1.11 Billion | $845.83 Million | 0.765x | +17.87% |
| 2008-12-31 | $1.12 Billion | $729.13 Million | 0.649x | -8.85% |
| 2007-12-31 | $993.24 Million | $707.02 Million | 0.712x | -8.43% |
| 2006-12-31 | $630.63 Million | $490.25 Million | 0.777x | +42.07% |
| 2005-12-31 | $506.09 Million | $276.94 Million | 0.547x | -30.84% |
| 2004-12-31 | $438.25 Million | $346.75 Million | 0.791x | +19.71% |
| 2003-12-31 | $356.67 Million | $235.73 Million | 0.661x | +48.91% |
| 2002-12-31 | $312.79 Million | $138.82 Million | 0.444x | -17.05% |
| 2001-12-31 | $290.73 Million | $155.56 Million | 0.535x | +15.19% |
| 2000-12-31 | $288.96 Million | $134.22 Million | 0.464x | +8.32% |
| 1999-12-31 | $261.80 Million | $112.26 Million | 0.429x | -16.05% |
| 1998-12-31 | $227.30 Million | $116.10 Million | 0.511x | +6.52% |
| 1997-12-31 | $214.80 Million | $103.00 Million | 0.480x | -- |
About LATAM Airlines Group S.A.
LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31, 2024, the company provides passenger transport services to 160 destinations in 27 countries; and operated 371 fleet of airc… Read more