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. See LATAM Airlines Group S.A. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

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. For the full cash flow conversion analysis, see cash efficiency ratio of LATAM Airlines Group S.A..

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.. See LATAM Airlines Group S.A. (LTM) flexibility index to measure the company's free cash flow as a share of total liabilities.

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