Every CONMEBOL Libertadores final since 1960, by champion club, country, venue, and format era. Independiente's record 7 titles. Brazil vs Argentina rivalry by the numbers. Format change in 2019 to a single-match final.
66 finals played (through 2025) · Brazilian clubs hold a 7-in-a-row winning streak · Last verified 2026-05-31
27 clubs have won. Independiente is the all-time leader with 7 — all between 1964 and 1984. They have never lost a Copa Libertadores final.
| Club | Country | Titles | Lost finals | Years won |
|---|---|---|---|---|
| Independiente | Argentina | 7 | 0 | 1964, 1965, 1972, 1973, 1974, 1975, 1984 |
| Boca Juniors | Argentina | 6 | 6 | 1977, 1978, 2000, 2001, 2003, 2007 |
| Peñarol | Uruguay | 5 | 5 | 1960, 1961, 1966, 1982, 1987 |
| River Plate | Argentina | 4 | 3 | 1986, 1996, 2015, 2018 |
| Estudiantes | Argentina | 4 | 1 | 1968, 1969, 1970, 2009 |
| Flamengo | Brazil | 4 | 1 | 1981, 2019, 2022, 2025 |
| Olimpia | Paraguay | 3 | 4 | 1979, 1990, 2002 |
| Palmeiras | Brazil | 3 | 4 | 1999, 2020, 2021 |
| Nacional | Uruguay | 3 | 3 | 1971, 1980, 1988 |
| São Paulo | Brazil | 3 | 3 | 1992, 1993, 2005 |
| Santos | Brazil | 3 | 2 | 1962, 1963, 2011 |
| Grêmio | Brazil | 3 | 2 | 1983, 1995, 2017 |
| Cruzeiro | Brazil | 2 | 2 | 1976, 1997 |
| Atlético Nacional | Colombia | 2 | 1 | 1989, 2016 |
| Internacional | Brazil | 2 | 1 | 2006, 2010 |
| Atlético Mineiro | Brazil | 1 | 1 | 2013 |
| Botafogo | Brazil | 1 | 0 | 2024 |
| Fluminense | Brazil | 1 | 1 | 2023 |
| Vasco da Gama | Brazil | 1 | 0 | 1998 |
| Corinthians | Brazil | 1 | 0 | 2012 |
| Vélez Sársfield | Argentina | 1 | 0 | 1994 |
| Racing | Argentina | 1 | 0 | 1967 |
| Argentinos Juniors | Argentina | 1 | 0 | 1985 |
| San Lorenzo | Argentina | 1 | 0 | 2014 |
| Colo-Colo | Chile | 1 | 1 | 1991 |
| Once Caldas | Colombia | 1 | 0 | 2004 |
| LDU Quito | Ecuador | 1 | 0 | 2008 |
Source: Wikipedia List of Copa Libertadores finals + RSSSF. Last verified 2026-05-31.
Brazil and Argentina are tied at 25 titles each through 2025. Brazil leads in finals appearances (45) due to dominance of the modern era. Mexico and Peru have appeared in finals but never won.
| Nation | Titles | Lost finals | Total final appearances |
|---|---|---|---|
| Brazil | 25 | 20 | 45 |
| Argentina | 25 | 13 | 38 |
| Uruguay | 8 | 8 | 16 |
| Colombia | 3 | 7 | 10 |
| Paraguay | 3 | 5 | 8 |
| Chile | 1 | 5 | 6 |
| Ecuador | 1 | 3 | 4 |
| Mexico | 0 | 3 | 3 |
| Peru | 0 | 2 | 2 |
| Bolivia | 0 | 0 | 0 |
| Venezuela | 0 | 0 | 0 |
Mexican clubs participated in the Copa Libertadores 1998-2016 as invited guests. Source: CONMEBOL + Wikipedia. Last verified 2026-05-31.
Argentina dominated 1960s–1980s (Independiente 7, Boca, Estudiantes, River). Brazil took over from late 1990s onward. From 2019-2025, Brazilian clubs won 7 in a row.
| Era | Dominant country | Titles in era | Notable runs |
|---|---|---|---|
| 1960–1969 | Argentina | 5 of 10 | Estudiantes 3-peat 1968-70 |
| 1970–1979 | Argentina | 7 of 10 | Independiente 4-peat 1972-75 (record) |
| 1980–1989 | Mixed | — | Uruguay 2, Brazil 2, Argentina 2, Paraguay 1, Colombia 1 |
| 1990–1999 | Brazil | 5 of 10 | São Paulo back-to-back 1992-93 |
| 2000–2009 | Argentina | 5 of 10 | Boca Juniors 4 titles in decade |
| 2010–2018 | Mixed | — | Brazil 4, Argentina 3, Colombia 1, Paraguay competing |
| 2019–2025 | Brazil | 7 of 7 | Brazilian clubs win every final, record streak |
Source: CONMEBOL historical records + Wikipedia. Last verified 2026-05-31.
In 2019, CONMEBOL switched from a two-leg format (one home/one away) to a single match at a neutral predetermined venue — modeled on the UCL final.
| Year | Winner | Score | Runner-up | Venue | Att. |
|---|---|---|---|---|---|
| 2019 | Flamengo (BRA) | 2–1 | River Plate (ARG) | Estadio Monumental, Lima | 64,000 |
| 2020 | Palmeiras (BRA) | 1–0 | Santos (BRA) | Maracanã, Rio de Janeiro | 5,000 (COVID) |
| 2021 | Palmeiras (BRA) | 2–1† | Flamengo (BRA) | Centenario, Montevideo | 55,023 |
| 2022 | Flamengo (BRA) | 1–0 | Athletico Paranaense (BRA) | Monumental Banco Pichincha, Guayaquil | 42,517 |
| 2023 | Fluminense (BRA) | 2–1† | Boca Juniors (ARG) | Maracanã, Rio de Janeiro | 69,232 |
| 2024 | Botafogo (BRA) | 3–1 | Atlético Mineiro (BRA) | Estadio Más Monumental, Buenos Aires | 72,000 |
| 2025 | Flamengo (BRA) | 1–0 | Palmeiras (BRA) | Estadio Monumental, Lima | 70,048 |
| 2026 | TBD | — | TBD | Estadio Centenario, Montevideo | — |
The 2018 two-leg final was the last under the old format. Source: CONMEBOL. Last verified 2026-05-31.
7 in a row — a record. Three of those finals were all-Brazilian (2020 Palmeiras-Santos, 2021 Palmeiras-Flamengo, 2022 Flamengo-Athletico-PR), and a fourth in 2024 (Botafogo-Mineiro) and fifth in 2025 (Flamengo-Palmeiras).
| Year | Brazilian winner | Opponent | All-Brazilian final? |
|---|---|---|---|
| 2019 | Flamengo | River Plate (Argentina) | No |
| 2020 | Palmeiras | Santos (Brazil) | Yes |
| 2021 | Palmeiras | Flamengo (Brazil) | Yes |
| 2022 | Flamengo | Athletico Paranaense (Brazil) | Yes |
| 2023 | Fluminense | Boca Juniors (Argentina) | No |
| 2024 | Botafogo | Atlético Mineiro (Brazil) | Yes |
| 2025 | Flamengo | Palmeiras (Brazil) | Yes |
5 of 7 finals in this streak were Brazil vs Brazil. Source: CONMEBOL. Last verified 2026-05-31.
Argentine and Brazilian clubs have met in 12 finals, with Argentina holding a 7-5 edge.
| Year | Argentine club | Brazilian club | Winner |
|---|---|---|---|
| 1963 | Boca Juniors | Santos | Brazil (Santos) |
| 1974 | Independiente | São Paulo (lost) | Argentina (Independiente) |
| 1976 | River Plate (lost) | Cruzeiro | Brazil (Cruzeiro) |
| 1992 | Newell's Old Boys (lost) | São Paulo | Brazil (São Paulo) |
| 1994 | Vélez Sársfield | São Paulo (lost) | Argentina (Vélez) |
| 2000 | Boca Juniors | Palmeiras (lost) | Argentina (Boca) |
| 2003 | Boca Juniors | Santos (lost) | Argentina (Boca) |
| 2007 | Boca Juniors | Grêmio (lost) | Argentina (Boca) |
| 2009 | Estudiantes | Cruzeiro (lost) | Argentina (Estudiantes) |
| 2017 | Lanús (lost) | Grêmio | Brazil (Grêmio) |
| 2019 | River Plate (lost) | Flamengo | Brazil (Flamengo) |
| 2023 | Boca Juniors (lost) | Fluminense | Brazil (Fluminense) |
Score: Argentina 7, Brazil 5 in head-to-head finals. Source: CONMEBOL + Wikipedia. Last verified 2026-05-31.
Independiente's 4-in-a-row (1972-1975) is the all-time record. Three other clubs have managed back-to-back. No club has 3-peated since Estudiantes 1968-70.
| Club | Consecutive years | Titles in run |
|---|---|---|
| Peñarol | 1960, 1961 | 2 |
| Santos | 1962, 1963 | 2 |
| Independiente | 1964, 1965 | 2 |
| Estudiantes | 1968, 1969, 1970 | 3 |
| Independiente | 1972, 1973, 1974, 1975 | 4 (record) |
| Boca Juniors | 1977, 1978 | 2 |
| Boca Juniors | 2000, 2001 | 2 |
| São Paulo | 1992, 1993 | 2 |
| Palmeiras | 2020, 2021 | 2 |
Independiente's 4-peat 1972-75 stands as the all-time consecutive-title record. Source: CONMEBOL. Last verified 2026-05-31.
América de Cali (Colombia) is the most-snake-bitten club in Copa Libertadores history: 4 finals lost (1985, 1986, 1987, 1996), 0 won.
| Club | Country | Finals lost | Years |
|---|---|---|---|
| América de Cali | Colombia | 4 | 1985, 1986, 1987, 1996 |
| Athletico Paranaense | Brazil | 2 | 2005, 2022 |
| Cobreloa | Chile | 2 | 1981, 1982 |
| Newell's Old Boys | Argentina | 2 | 1988, 1992 |
| Deportivo Cali | Colombia | 2 | 1978, 1999 |
| Barcelona SC | Ecuador | 2 | 1990, 1998 |
Source: CONMEBOL + Wikipedia. Last verified 2026-05-31.
Since the single-match format started in 2019, the Maracanã has hosted twice (2020, 2023), Estadio Monumental in Lima twice (2019, 2025).
| Stadium | City | Finals hosted | Years |
|---|---|---|---|
| Maracanã | Rio de Janeiro, Brazil | 2 | 2020, 2023 |
| Estadio Monumental | Lima, Peru | 2 | 2019, 2025 |
| Centenario | Montevideo, Uruguay | 1 | 2021 (+2026 upcoming) |
| Banco Pichincha Stadium | Guayaquil, Ecuador | 1 | 2022 |
| Estadio Más Monumental | Buenos Aires, Argentina | 1 | 2024 |
Centenario hosts the 2026 final — the third consecutive Libertadores final on neutral South American soil. Source: CONMEBOL. Last verified 2026-05-31.
Two finals in the single-match era were relocated due to host-country issues. The 2018 final between River Plate and Boca Juniors was the most dramatic — moved from Buenos Aires to Madrid after a bus attack.
| Year | Originally scheduled | Moved to | Reason |
|---|---|---|---|
| 2018 (2nd leg) | Estadio Monumental, Buenos Aires | Santiago Bernabéu, Madrid | Attack on Boca Juniors team bus prior to match |
| 2019 | Estadio Nacional, Santiago, Chile | Estadio Monumental, Lima, Peru | 2019–2021 Chilean protests |
2018 was the only Copa Libertadores final played outside South America. Source: CONMEBOL. Last verified 2026-05-31.