Copa Holdings, S.A. CPA

133.72 4.89 3.80% as of 25 Sep
Market cap
$5.3B
P/E
8.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 27.07%

Capital & Financial Ratios

Market Cap 5,300.00
Revenue 3,987.79
Net Income 671.65
Free Cash Flow 177.06
Net Debt 1,008.36
Current Ratio 1.06
Debt/Equity 0.79
P/E ratio 8.79
P/S ratio 1.37
P/B ratio 1.90
Past 5Y EPS Growth 20.38%
This Y EPS Growth (1.46%)
Next Y EPS Growth 20.56%
Next 5Y EPS Growth 11.13%
in millions of $

Dividends

Payout Ratio 0.21
Annual Dividend Rate 3.28
Annual Dividend Yield 5.83%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 6.44
1.71
1.71
1.71
2025 6.44
1.61
1.61
1.61
1.61
2024 6.44
1.61
1.61
1.61
1.61
2023 3.28
0.82
0.82
0.82
0.82
2022 Powerpack
2021 Powerpack
2020 0.80
0.80
2019 2.60
0.65
0.65
0.65
0.65
2018 3.48
0.87
0.87
0.87
0.87
2017 2.52
0.51
0.51
0.75
0.75
2016 2.04
0.51
0.51
0.51
0.51
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 915 1,199 1,338 1,263
Receivables 159 169 198 221
Inventory 117 132 148 155
Other 32 33 39 38
1,268 1,577 1,778 1,762
2023 2024 2025 Q'26
Payables 185 232 167 208
ST’ Debt 222 255 173 202
Other 612 622 738 878
1,278 1,355 1,359 1,657
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.86% 35.20% 6.86%
Cash Flow 13.76% 193.56% 14.89%
Earnings 0.00% 0.00% 24.50%
Book Value 5.75% 16.68% 22.98%

Revenue

Mar Jun Sep Dec Year
’26 1,052 1,059 — — —
’25 899 843 913 963 3,618
’24 893 819 855 879 3,446
’23 867 809 868 913 3,457
’22 572 693 809 891 2,965
’21 186 304 445 575 1,510
’20 595 15 708 (517) 801
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 360 258 — — —
’25 205 279 267 399 1,150
’24 201 270 189 337 997
’23 203 217 344 280 1,045
’22 169 158 216 215 759
’21 (1) 151 114 244 507
’20 106 (163) (19) 81 5
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 191 40 — — —
’25 143 (37) 44 (97) 53
’24 201 (25) 62 115 353
’23 203 217 344 (116) 648
’22 169 158 216 (428) 115
’21 (1) 151 114 178 441
’20 106 (163) (19) 51 (25)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 5.16 1.67 — — —
’25 4.28 3.61 4.20 4.18 16.28
’24 4.19 2.88 3.50 3.99 14.56
’23 3.07 0.44 4.72 4.55 12.89
’22 0.47 3.01 2.93 2.23 8.58
’21 (2.60) 0.66 0.19 2.69 0.94
’20 1.75 (9.08) 2.45 (9.45) (14.08)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
42.61 90.85 67.38 77.31 24.00 64.66 55.25 78.12 80.01 82.54

Analyst estimates 2026–2028

Powerpack
Low Price
97.00 138.72 141.34 116.88 114.00 94.91 97.63 121.20 114.00 130.00
High Price
8,733 9,045 9,450 8,877 5,667 6,127 7,265 7,625 7,909 8,565
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
2,222 2,522 2,678 2,707 801 1,510 2,965 3,457 3,446 3,618
Revenue
66.82% 68.10% 63.37% 65.80% 66.14% 69.47% 58.62% 64.78% 66.21% 66.99%
Gross Margin
373 413 123 293 (631) 54 388 611 706 776
EBT
16.78% 16.39% 4.58% 10.84% (78.75%) 3.60% 13.09% 17.68% 20.48% 21.44%
EBT Margin
335 364 88 247 (607) 44 348 514 608 672
Net Income
159 167 277 282 259 240 268 306 331 365
Depreciation
52.45 59.45 63.48 64.07 18.92 35.44 73.06 85.94 82.45 87.69
Revenue/Sh
8.02 8.72 2.07 5.81 (14.08) 0.94 8.58 12.89 14.56 16.28
Earnings/Sh
14.04 17.15 12.87 18.57 0.12 11.91 18.69 25.97 23.85 27.88
Cash Flow/Sh
(1.54) (2.35) (8.67) (1.05) (0.70) (1.56) (15.85) (9.86) (15.39) (26.61)
Capex/Sh
12.49 14.80 4.20 17.53 (0.58) 10.35 2.84 16.11 8.46 1.27
Free CF/Sh
43.49 44.68 42.59 45.79 30.32 30.50 36.77 52.75 56.77 67.27
Book Value/Sh
42 42 42 42 42 43 41 40 42 41
Shares
11.46 15.79 37.66 18.57 0.00 87.94 9.51 8.14 6.04 7.41
PE Ratio
1.76 2.32 1.24 1.69 4.08 2.33 1.12 1.21 1.07 1.38
PS Ratio
2.12 3.08 1.85 2.36 2.55 2.71 2.23 1.97 1.55 1.79
PB Ratio
1.92 2.41 1.45 1.76 4.42 2.60 1.30 1.37 1.20 1.55
EV/Sales
10.80 8.56 51.54 22.79 (6.63) 3,753.21 (153.46) (51.86) (95.94) 106.97
EV/FCF
595 727 543 785 5 507 759 1,045 997 1,150
Op' Cash Flow
(65) (100) (366) (44) (30) (66) (643) (397) (643) (1,098)
Capex
529 628 177 741 (25) 441 115 648 353 53
FCF
207 141 (89) 237 406 186 42 (11) 222 419
Working Cap'
1,184 1,175 1,287 1,061 1,164 1,426 1,444 1,463 1,671 1,980
Total Debt
369 231 565 210 274 408 510 548 472 642
Net Debt
1,842 1,895 1,797 1,935 1,284 1,299 1,492 2,122 2,373 2,775
Sh' Equity
8.85% 9.23% 2.08% 5.61% (14.79%) 1.08% 7.79% 10.40% 11.12% 10.90%
ROA
7.80% 12.47% 4.22% 10.09% (18.50%) 5.56% 14.06% 18.90% 16.55% 14.98%
ROIC
19.51% 19.48% 4.78% 13.24% (37.72%) 3.39% 24.94% 28.45% 27.06% 26.09%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Copa Holdings, S.A. (CPA) key facts

  • Copa Holdings, S.A. (CPA) is an Airlines company in the Industrials sector, listed on the New York Stock Exchange.
  • Copa Holdings, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 4.98% from fiscal 2024.
  • Net income was $671.6 million, or $16.28 per share (basic), a net margin of 18.6%.
  • As of September 25, 2026, CPA traded at $133.72, a market capitalization of $5.3 billion.
  • At that price the stock trades at 8.8× trailing-twelve-month earnings and 1.4× sales.
  • Copa Holdings, S.A. pays an annual dividend of $3.28 per share, a yield of 5.83%, with a payout ratio of 20.7%.
  • Return on equity was 26.1% and debt-to-equity 0.79.

Source: company filings (standardised) and stockrow calculations.

Copa Holdings, S.A. (CPA) Latest News

News by impact score

Fine-tune

23 Sep

4

LATAM Airlines Group (LTM) faces persistent headwinds that dampen its investment appeal. Currency volatility across Latin American markets, especially the Brazilian real, created foreign-exchange losses, with hedges covering only part of expected cash flows. Elevated fuel prices pushed second-quarter costs higher, shrinking adjusted operating margin to 5.4% from 12.9%, despite a more favorable outlook for fuel later in the year. Ongoing capacity expansion tests pricing discipline and load factors, while competition remains intense. Management's 2026 EBITDA outlook is higher, but near-term earnings estimates have moved lower. Valuation looks stretched: a forward 12-month P/S ratio of 0.83x vs. the industry 0.52x, and the stock has underperformed or lagged peers in expectations. Overall sentiment remains negative with a Sell rating in recent revisions, signaling elevated risk for investors. FX volatility, higher fuel costs, and capacity-driven headwinds threaten LATAM's earnings and investor sentiment.

13 Aug

4 transcript

Copa Holdings S.A. released its Q2 2026 earnings call transcript covering financial results, operational updates and forward guidance. Q2 earnings results and guidance directly shape investor views on Copa Holdings' near-term financial trajectory and competitive position.

7 Aug

3

Copa Holdings posted strong Q2 results that keep its stock valuation reasonable. Strong Q2 results support Copa Holdings near-term performance and sentiment without signaling major strategic shifts.

3 transcript

Copa Holdings, S.A. (CPA) released Q2 earnings call highlights covering financial results, operational metrics, and management commentary on performance and outlook. Q2 earnings details offer moderate insight into near-term financials and strategy without indicating major structural shifts.

6 Aug

3

Copa Holdings missed Q2 earnings expectations due to higher fuel costs and revenues that lagged projections. Q2 earnings miss from elevated fuel costs points to margin pressure that can sway near-term stock performance.

3

Copa Holdings, S.A. held its Q2 2026 earnings call covering quarterly revenue, net income, passenger traffic, capacity growth, cost trends, and management outlook for Latin American routes. Quarterly earnings details provide moderate updates to financial trajectory and short-term investor views without altering long-term strategy.

5 Aug

3

Copa Holdings missed Q2 earnings and revenue estimates. Q2 earnings and revenue miss signals moderate short-term pressure on financial performance and investor sentiment.

3

Copa Holdings reported Q2 earnings with focus on key metrics including revenue, net income and traffic figures. Q2 earnings metrics provide data that can moderately shift investor views on Copa Holdings stock.

3

Copa Holdings reports second-quarter revenue of $842.6 million, net income of $159.4 million, and operating margin of 23.5 percent, with 2.9 million passengers carried and a load factor of 86.3 percent. Quarterly results update investors on revenue, profit, and traffic metrics that shape near-term valuation and outlook expectations.

23 Jun

3

Copa Holdings, S.A. (CPA) positioned as airline stock with strong potential to break out amid sector conditions. Analyst outlook on breakout potential may moderately lift near-term investor sentiment and share performance.

3 Jun

3

Copa Holdings raises dividends, testing cash reserves amid rising oil prices and geopolitical tensions. Dividend hike amid oil price increases and geopolitics creates cash pressure likely to moderately influence financials and investor views.

15 May

4

Copa Holdings, S.A. (CPA) beat analyst earnings forecasts, prompting analysts to update their models with revised projections. Beating earnings forecasts and triggering analyst model updates signals strong financial momentum and heightened investor optimism for CPA's trajectory.

14 May

4

Copa Holdings SA posted record profits in Q1 2026 earnings call, defying rising fuel costs through strong demand, cost controls, and capacity growth. Record Q1 2026 profits despite surging fuel costs highlight operational strength and fuel future growth and investor confidence.

4 transcript

Copa Holdings, S.A. (CPA) Q1 2026 earnings call transcript released, detailing quarterly financial results, operational performance, and management outlook. Q1 2026 earnings transcript discloses financial results, strategic updates, and guidance directly influencing investor sentiment and stock trajectory.

3

Copa Holdings reported Q1 earnings call highlights, including strong revenue growth, improved profitability, capacity expansion, and optimistic outlook amid recovering air travel demand. Q1 earnings highlights reveal financial performance and operational updates that moderately influence CPA's market sentiment and trajectory.

3

Copa Holdings reported Q1 earnings and revenues exceeding analyst estimates while improving year-over-year. Beating Q1 earnings estimates enhances financial performance and investor sentiment moderately.

13 May

4

Copa Holdings (CPA) Q1 earnings compared to analyst estimates, with key metrics analyzed for performance insights. Q1 earnings comparison to estimates significantly impacts CPA's stock price, investor sentiment, and future market performance.

4

Copa Holdings reported first-quarter financial results, highlighting key metrics on revenue, profitability, and operations for Copa Holdings, S.A. (CPA). First-quarter earnings reveal critical financial health and operational performance, likely shifting investor sentiment and stock trajectory significantly.

3

Copa Holdings (CPA) beat Q1 earnings and revenue estimates. Beating quarterly earnings and revenue estimates positively influences financial performance and investor sentiment but remains limited to short-term effects.

3

Top Wall Street forecasters revised expectations for Copa Holdings ahead of Q1 earnings. Analyst revisions by top forecasters ahead of Q1 earnings moderately influence financial performance expectations and market sentiment.

11 May

3

Copa Holdings (CPA) prepares to release Q1 earnings, with focus on expected results, analyst forecasts, and potential stock price reactions amid aviation sector dynamics. Upcoming Q1 earnings report could moderately influence CPA's stock sentiment and short-term performance based on results versus expectations.

8 May

3

Wall Street analysts project key metrics for Copa Holdings (CPA)'s Q1, including revenue, EPS, and operational figures ahead of earnings release. Analyst projections for Q1 metrics may noticeably influence financial expectations and short-term market sentiment without fundamentally changing long-term trajectory.

6 May

3

Copa Holdings, S.A. (CPA) is scheduled to report Q1 earnings, with analysts speculating on potential stock movements based on results. Upcoming Q1 earnings disclosure expected to moderately affect CPA's financial performance and investor sentiment.

3

Copa Holdings (CPA) earnings are expected to grow next week, with analysts forecasting EPS of $3.99 (up 23% year-over-year) and revenue of $935.62 million (up 5%), fueled by strong passenger demand, capacity expansion, and hub connectivity improvements. Earnings growth projections can moderately influence financial performance expectations and stock sentiment ahead of the release.

4 May

3

Mixed analyst revisions ahead of Copa Holdings (CPA) earnings have altered its investment story. Mixed analyst revisions ahead of earnings are expected to moderately influence investor sentiment and CPA's financial performance outlook.

28 Apr

3

Copa Holdings (CPA) stock fell more than the broader market. CPA's sharper market decline points to moderately noticeable effects on financial performance and investor sentiment.

19 Apr

3

Copa Holdings (NYSE:CPA) posted stronger March traffic and higher load factor, prompting a bullish valuation review amid improved operational metrics. Stronger traffic and load factor data reflect solid demand and efficiency gains, moderately enhancing financial outlook and investor sentiment.

13 Mar

4

Copa Holdings (CPA) stock dropped 11.4% due to margin squeeze from costly fleet expansion plans. Costly fleet expansion squeezes margins and triggers 11.4% stock drop, signaling major strategic and financial pressures.

3

Copa Holdings (CPA) stock has plunged 25.3% since its last earnings report, amid analysis of year-over-year declines in revenue, capacity, load factor, and yield, alongside rising costs and fuel expenses, while questioning rebound potential through strategic fleet investments and market positioning. 25.3% stock drop post-earnings highlights operational pressures and cost increases that moderately influence financial performance and investor sentiment.

3

Copa Holdings (CPA) stock fell 25.3% in four weeks, but buying the dip is recommended due to strong fundamentals, capacity growth, and favorable industry trends. Bullish buy-the-dip advice counters recent 25.3% decline, likely lifting short-term investor sentiment and supporting moderate recovery.

stockrow.com/CPA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com