LATAM Airlines Group S.A. (LTM) — Financial Flexibility Index
LATAM Airlines Group S.A. (LTM) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $1.28 Billion (operating CF $933.15 Million minus capex $345.02 Million) represents 0% of total liabilities ($16.78 Billion). Check LATAM Airlines Group S.A. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
LATAM Airlines Group S.A. Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for LATAM Airlines Group S.A. across 29 annual periods. For the full cash flow conversion analysis, see LATAM Airlines Group S.A. (LTM) cash flow conversion.
Annual Financial Flexibility Index for LATAM Airlines Group S.A. (1997–2025)
Year-by-year free cash flow to debt coverage for LATAM Airlines Group S.A.. Explore LTM operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.31x | $5.03 Billion | $3.26 Billion | $16.30 Billion | ▼ -0.8% |
| 2024 | 0.31x | $4.53 Billion | $3.11 Billion | $14.54 Billion | ▲ +44.8% |
| 2023 | 0.22x | $3.06 Billion | $2.26 Billion | $14.23 Billion | ▲ +205.6% |
| 2022 | 0.07x | $927.45 Million | $96.80 Million | $13.18 Billion | ▲ +191.4% |
| 2021 | 0.02x | $491.66 Million | $-184.10 Million | $20.36 Billion | ▲ +559.9% |
| 2020 | -0.01x | $-95.00 Million | $-494.70 Million | $18.09 Billion | ▼ -102.2% |
| 2019 | 0.24x | $4.24 Billion | $2.83 Billion | $17.96 Billion | ▲ +43.6% |
| 2018 | 0.16x | $2.27 Billion | $1.52 Billion | $13.82 Billion | ▲ +10.8% |
| 2017 | 0.15x | $2.16 Billion | $1.67 Billion | $14.53 Billion | ▲ +25.6% |
| 2016 | 0.12x | $1.78 Billion | $992.13 Million | $15.01 Billion | ▼ -46.3% |
| 2015 | 0.22x | $3.34 Billion | $1.72 Billion | $15.16 Billion | ▲ +24.4% |
| 2014 | 0.18x | $2.83 Billion | $1.33 Billion | $15.98 Billion | ▲ +8.0% |
| 2013 | 0.16x | $2.83 Billion | $1.41 Billion | $17.30 Billion | ▼ -31.1% |
| 2012 | 0.24x | $3.65 Billion | $1.20 Billion | $15.36 Billion | ▼ -31.9% |
| 2011 | 0.35x | $2.16 Billion | $767.67 Million | $6.19 Billion | ▼ -11.9% |
| 2010 | 0.40x | $2.17 Billion | $1.13 Billion | $5.49 Billion | ▲ +33.6% |
| 2009 | 0.30x | $1.38 Billion | $845.83 Million | $4.67 Billion | ▼ -28.1% |
| 2008 | 0.41x | $1.56 Billion | $729.13 Million | $3.78 Billion | ▼ -22.4% |
| 2007 | 0.53x | $1.55 Billion | $707.02 Million | $2.91 Billion | ▼ -13.4% |
| 2006 | 0.61x | $1.41 Billion | $490.25 Million | $2.30 Billion | ▲ +15.8% |
| 2005 | 0.53x | $869.35 Million | $276.94 Million | $1.64 Billion | ▲ +55.7% |
| 2004 | 0.34x | $473.66 Million | $346.75 Million | $1.39 Billion | ▲ +44.1% |
| 2003 | 0.24x | $300.49 Million | $235.73 Million | $1.27 Billion | ▼ -9.3% |
| 2002 | 0.26x | $331.45 Million | $138.82 Million | $1.27 Billion | ▼ -40.0% |
| 2001 | 0.43x | $496.83 Million | $155.56 Million | $1.14 Billion | ▲ +34.8% |
| 2000 | 0.32x | $279.78 Million | $134.22 Million | $868.42 Million | ▼ -9.0% |
| 1999 | 0.35x | $253.06 Million | $112.26 Million | $714.54 Million | ▼ -52.9% |
| 1998 | 0.75x | $490.00 Million | $116.10 Million | $651.70 Million | ▼ -1.4% |
| 1997 | 0.76x | $281.40 Million | $103.00 Million | $369.00 Million | — |