Abstract Five satellite products of latent heat flux at the sea surface were compared to bulk fluxes calculated with data from 75 moored buoys, on almost 36 successive months from 1998 to 2000. The five products compared are the Hamburg Ocean Atmosphere Parameters and Fluxes from Satellite Dataset (HOAPS-2), the Japanese Ocean Flux Datasets with Use of Remote Sensing Observations (J-OFURO), the Jones dataset, the Goddard Satellite-Based Surface Turbulent Fluxes, version 2 (GSSTF-2), and the Bourras–Eymard–Liu dataset (BEL). The comparisons were performed under tropical and midlatitude environmental conditions, with three datasets based on 66 Tropical Atmosphere–Ocean array (TAO) buoys in the tropical Pacific, nine National Data Buoy Center (NDBC) buoys off the U.S. coasts, and four Met Office/Météo-France (UK–MF) moorings west of the United Kingdom and France, respectively. The satellite products did not all compare well to surface data. However, for each in situ dataset (TAO, NDBC, or UK–MF) at least one satellite product was found that had a good fit to surface data, that is, an rms deviation of 15–30 W m−2. It was found that HOAPS-2, J-OFURO, GSSTF-2, and BEL satellite products had moderate systematic errors with respect to surface data, from −13 to 26 W m−2, and small biases at midlatitudes (6–8 W m−2). Most of the satellite products were able to render the seasonal cycle of the latent heat flux calculated with surface data. The estimation of near-surface specific humidity was found to be problematic in most products, but it was best estimated in the HOAPS-2 product. GSSTF-2 and J-OFURO strongly overestimated the surface flux variations in time and space compared to surface data and to a flux climatology. With respect to TAO data, Jones fluxes yielded good results in terms of rms deviation (27 W m−2) but also presented a large systematic deviation. Overall, for application of the satellite fluxes to the world oceans, it was found that HOAPS-2 was the most appropriate product, whereas for application to the Tropics, BEL fluxes had the best performance in rms with respect to TAO data (24 W m−2).