Copa Holdings, S.A.
CPA Industrials Airlines
Copa Holdings, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 4.98% from fiscal 2024.
- Revenue
- +25.7%
- EPS
- −53.7%
- Free cash flow
- +207.6%
- Total debt
- +32.3%
Quarter to June 2026, against a year earlier
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Copa Holdings, S.A. (CPA) Free cash flow
Copa Holdings, S.A.'s free cash flow for fiscal 2025 was $52.5M, down 85.1% from $353.5M in fiscal 2024. Over the twelve months to 30 June 2026 it was $177.1M. Over the past ten years it has ranged from −$24.5M (fiscal 2020) to $740.6M (fiscal 2019); the current reading is higher than 18% of that period. Copa Holdings, S.A. ranks 8th of 18 Airlines companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $52.5M | (85.14%) |
| FY2024 | $353.5M | (45.46%) |
| FY2023 | $648.1M | 462.23% |
| FY2022 | $115.3M | (73.86%) |
| FY2021 | $441.0M | — |
| FY2020 | −$24.5M | — |
| FY2019 | $740.6M | 318.19% |
| FY2018 | $177.1M | (71.78%) |
| FY2017 | $627.6M | 18.58% |
| FY2016 | $529.3M | 39.20% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $39.7M | (79.20%) |
| Mar 2026 | $190.8M | — |
| Dec 2025 | −$97.3M | — |
| Sep 2025 | $43.9M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| LTM LATAM Airlines Group S.A. compare | $2.1B |
| AERO Grupo Aeromexico SAB DE CV - Sponsored ADR compare | $672.3M |
| ALGT Allegiant Travel Company compare | $193.5M |
| CPA Copa Holdings, S.A. | $177.1M |
| LUV Southwest Airlines Co. compare | $177.0M |
| SKYW SkyWest, Inc. compare | $135.7M |
| ULCC Frontier Group Holdings, Inc. compare | $2.0M |
| AAL American Airlines Group Inc. compare | −$91.0M |
| ALK Alaska Air Group, Inc. compare | −$650.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on CPA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement