LATAM Airlines Group S.A. (LTM) — Free Cash Flow Generation Index

Latest as of March 2026: 0.63x

LATAM Airlines Group S.A. (LTM) has a Free Cash Flow Generation Index of 0.63x as of March 2026. Free cash flow of $588.14 Million represents 1% of operating cash flow ($933.15 Million). Explore LATAM Airlines Group S.A. capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.63x
Free Cash Flow / Operating CF

Free Cash Flow

$588.14 Million
USD

Operating Cash Flow

$933.15 Million
USD

Capital Expenditures

$345.02 Million
USD

LATAM Airlines Group S.A. Free Cash Flow Generation Index (1997–2025)

Historical FCF Generation Index trend for LATAM Airlines Group S.A. across 27 annual periods. For the full cash flow conversion analysis, see LATAM Airlines Group S.A. (LTM) cash conversion ratio.

Annual Free Cash Flow Generation for LATAM Airlines Group S.A. (1997–2025)

Year-by-year Free Cash Flow Generation Index for LATAM Airlines Group S.A.. Check LATAM Airlines Group S.A. (LTM) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.46x $1.49 Billion $3.26 Billion $1.77 Billion ▼ -16.0%
2024 0.54x $1.69 Billion $3.11 Billion $1.42 Billion ▼ -16.3%
2023 0.65x $1.47 Billion $2.26 Billion $795.79 Million ▲ +108.6%
2022 -7.58x $-733.86 Million $96.80 Million $830.65 Million ▼ -1620.0%
2019 0.50x $1.41 Billion $2.83 Billion $1.42 Billion ▼ -0.4%
2018 0.50x $760.02 Million $1.52 Billion $756.91 Million ▼ -29.0%
2017 0.71x $1.18 Billion $1.67 Billion $490.98 Million ▲ +234.6%
2016 0.21x $209.17 Million $992.13 Million $782.96 Million ▲ +287.7%
2015 0.05x $93.28 Million $1.72 Billion $1.62 Billion ▲ +143.9%
2014 -0.12x $-164.76 Million $1.33 Billion $1.50 Billion ▼ -951.9%
2013 -0.01x $-16.57 Million $1.41 Billion $1.43 Billion ▲ +98.9%
2012 -1.03x $-1.24 Billion $1.20 Billion $2.45 Billion ▼ -26.6%
2011 -0.82x $-626.97 Million $767.67 Million $1.39 Billion ▼ -1294.5%
2010 0.07x $76.94 Million $1.13 Billion $1.05 Billion ▼ -81.2%
2009 0.36x $307.25 Million $845.83 Million $538.58 Million ▲ +358.2%
2008 -0.14x $-102.57 Million $729.13 Million $831.70 Million ▲ +25.1%
2007 -0.19x $-132.83 Million $707.02 Million $839.85 Million ▲ +78.6%
2006 -0.88x $-430.18 Million $490.25 Million $920.43 Million ▲ +23.0%
2005 -1.14x $-315.47 Million $276.94 Million $592.41 Million ▼ -279.7%
2004 0.63x $219.84 Million $346.75 Million $126.91 Million ▼ -12.6%
2003 0.73x $170.98 Million $235.73 Million $64.76 Million ▲ +287.1%
2002 -0.39x $-53.80 Million $138.82 Million $192.63 Million ▲ +67.5%
2001 -1.19x $-185.71 Million $155.56 Million $341.27 Million ▼ -1311.9%
2000 -0.08x $-11.35 Million $134.22 Million $145.57 Million ▲ +66.7%
1999 -0.25x $-28.54 Million $112.26 Million $140.80 Million ▲ +88.6%
1998 -2.22x $-257.80 Million $116.10 Million $373.90 Million ▼ -203.3%
1997 -0.73x $-75.40 Million $103.00 Million $178.40 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).