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Friday 6 November 2026 Export CPA’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Copa Holdings, S.A. (CPA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Copa Holdings, S.A. (CPA) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 0.6× (March 2020) to 3.2× (May 2021); the current reading is higher than 49% of that period. That is in line with the Airlines industry median of 2.0× and below the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.8× 15.82%
FY2024 1.5× (21.47%)
FY2023 2.0× (11.79%)
FY2022 2.2× (17.54%)
FY2021 2.7× 6.38%
FY2020 2.5× 7.92%
FY2019 2.4× 27.73%
FY2018 1.8× (40.10%)
FY2017 3.1× 45.62%
FY2016 2.1× 58.88%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.2× 36.04%
Mar 2026 1.6× (9.19%)
Dec 2025 1.8× (2.39%)
Sep 2025 1.8× 3.67%
42 more quarters

Against its own ten years

Low 0.6× High 3.2×
Ten-year median 2.1×
Current reading's percentile 47

P/B ratio against peers

Company P/B ratio
AAL American Airlines Group Inc. compare n/m
AERO Grupo Aeromexico SAB DE CV - Sponsored ADR compare n/m
SKYW SkyWest, Inc. compare 1.1×
ALGT Allegiant Travel Company compare 1.1×
ALK Alaska Air Group, Inc. compare 1.2×
CPA Copa Holdings, S.A. 2.0×
LUV Southwest Airlines Co. compare 3.0×
LTM LATAM Airlines Group S.A. compare 6.1×
ULCC Frontier Group Holdings, Inc. compare 44.4×
Airlines industry median 2.0×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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