LATAM Airlines Group S.A. (LTM) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.37x

LATAM Airlines Group S.A. (LTM) has a Cash Flow Reinvestment Rate of 0.37x as of March 2026, reinvesting $345.02 Million (capex $345.02 Million ) from operating cash flow of $933.15 Million. Check LTM operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.37x
(Capex + Investments) / Operating CF

Total Reinvested

$345.02 Million
Capex + Investments

Operating Cash Flow

$933.15 Million
USD

Capital Expenditures

$345.02 Million
USD

LATAM Airlines Group S.A. Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for LATAM Airlines Group S.A. across 27 annual periods. Explore LTM long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for LATAM Airlines Group S.A. (1997–2025)

Year-by-year capital reinvestment analysis for LATAM Airlines Group S.A.. For live market cap and broader valuation context, see how much is LATAM Airlines Group S.A. worth.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.54x $1.77 Billion $3.26 Billion $1.77 Billion ▼ -34.8%
2024 0.83x $2.59 Billion $3.11 Billion $1.42 Billion ▲ +29.7%
2023 0.64x $1.46 Billion $2.26 Billion $795.79 Million ▼ -96.1%
2022 16.32x $1.58 Billion $96.80 Million $830.65 Million ▲ +3155.8%
2019 0.50x $1.42 Billion $2.83 Billion $1.42 Billion ▲ +0.5%
2018 0.50x $756.91 Million $1.52 Billion $756.91 Million ▲ +69.4%
2017 0.29x $490.98 Million $1.67 Billion $490.98 Million ▼ -62.7%
2016 0.79x $782.96 Million $992.13 Million $782.96 Million ▼ -16.5%
2015 0.95x $1.62 Billion $1.72 Billion $1.62 Billion ▼ -15.9%
2014 1.12x $1.50 Billion $1.33 Billion $1.50 Billion ▲ +11.1%
2013 1.01x $1.43 Billion $1.41 Billion $1.43 Billion ▼ -50.3%
2012 2.03x $2.45 Billion $1.20 Billion $2.45 Billion ▲ +12.0%
2011 1.82x $1.39 Billion $767.67 Million $1.39 Billion ▲ +95.0%
2010 0.93x $1.05 Billion $1.13 Billion $1.05 Billion ▲ +46.3%
2009 0.64x $538.58 Million $845.83 Million $538.58 Million ▼ -44.2%
2008 1.14x $831.70 Million $729.13 Million $831.70 Million ▼ -4.0%
2007 1.19x $839.85 Million $707.02 Million $839.85 Million ▼ -36.7%
2006 1.88x $920.43 Million $490.25 Million $920.43 Million ▼ -12.2%
2005 2.14x $592.41 Million $276.94 Million $592.41 Million ▲ +484.5%
2004 0.37x $126.91 Million $346.75 Million $126.91 Million ▲ +33.2%
2003 0.27x $64.76 Million $235.73 Million $64.76 Million ▼ -80.2%
2002 1.39x $192.63 Million $138.82 Million $192.63 Million ▼ -36.8%
2001 2.19x $341.27 Million $155.56 Million $341.27 Million ▲ +102.3%
2000 1.08x $145.57 Million $134.22 Million $145.57 Million ▼ -13.5%
1999 1.25x $140.80 Million $112.26 Million $140.80 Million ▼ -61.1%
1998 3.22x $373.90 Million $116.10 Million $373.90 Million ▲ +85.9%
1997 1.73x $178.40 Million $103.00 Million $178.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow