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

142.24 3.65 −2.50%
Market cap
$5.8B
P/E
9.4×
Fwd P/E
8.5×
Dividend yield
4.74%
F-score
6/9
Altman Z
2.42
Beneish M
−2.73
Dividend safety
53/100

Copa Holdings, S.A. (CPA) Gross margin

Alert me on Gross margin

Copa Holdings, S.A.'s gross margin over the twelve months to 30 June 2026 was 62.4%, down 4.6 percentage points from fiscal 2025 (67.0%). Over the past ten years it has ranged from 56.8% (fiscal 2015) to 69.5% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Airlines industry median of 51.7% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 67.0% 0.78
FY2024 66.2% 1.43
FY2023 64.8% 6.16
FY2022 58.6% (10.85)
FY2021 69.5% 3.33
FY2020 66.1% 0.34
FY2019 65.8% 2.43
FY2018 63.4% (4.73)
FY2017 68.1% 1.28
FY2016 66.8% 10.03

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 50.9% (15.21)
Mar 2026 66.1% 0.72
Dec 2025 65.3% (3.08)
Sep 2025 68.4% 1.11
42 more quarters

Against its own ten years

Low 56.8% High 69.5%
Ten-year median 66.1%
Current reading's percentile 19

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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