Companies / CPA Copa Holdings, S.A. (CPA)
Copa Holdings, S.A., through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean. As of December 31, 2025, it operated through a fleet of 125 aircraft. The company was founded in 1947 and is based in Panama City, Panama.
Ticker CPA Exchange NYSE Sector Industrials Industry Airlines Market cap $5.83B 52-week range $107.44 - $160.47 Valuation Share price $142.80 (close of Nov 6, 2026) P/E (TTM) 9.39x Price to book 2.03x Price to free cash flow 17.55x Enterprise value $8.13B Book value per share $70.38 Price performance Period Change 1 day +0.71% 5 days +10.77% 1 month +3.25% 3 months +0.53% 6 months +16.52% Year to date +18.40% 1 year +13.92% 3 years +65.32% 5 years +81.36% 10 years +60.61% All time +488.87%
Short interest As of Oct 15, 2026 Short % of float 5.45% Shares short 1.62M Days to cover 5.15 Change since prior report +3.85% Source FINRA consolidated short interest Profitability and growth Return on equity 24.20% Return on invested capital 14.07% Return on assets 10.20% Return on capital employed 15.68% Net margin 18.56% EBITDA margin 32.73% Revenue growth 4.98% Net income growth 10.45% Free cash flow growth -9.71% Cash flow and balance sheet Free cash flow yield (TTM) 5.70% Current ratio 1.06x Net debt to EBITDA 2.79x Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $3.62B EBITDA $1.18B Net income $671.65M Earnings per share $16.28 Interest expense $18.13M Shares outstanding 41.26M Income statement by year Period end Revenue Net income EPS 2025-12-31 $3.62B $671.65M $16.28 2024-12-31 $3.45B $608.11M $14.55 2023-12-31 $3.46B $514.10M $12.78 2022-12-31 $2.97B $348.05M $8.58 2021-12-31 $1.51B $43.84M $1.03 2020-12-31 $801.00M -$607.06M -$14.28 2019-12-31 $2.71B $247.00M $5.81 2018-12-31 $2.68B $88.20M $2.09 2017-12-31 $2.52B $362.60M $8.61 2016-12-31 $2.22B $323.41M $7.64
Margins and returns by year Period end Net margin Return on equity Return on capital 2025-12-31 18.56% 24.20% 14.07% 2024-12-31 17.65% 25.63% 14.98% 2023-12-31 14.87% 24.23% 18.36% 2022-12-31 11.74% 23.33% 12.92% 2021-12-31 2.90% 3.37% 4.87% 2020-12-31 -75.79% -47.30% -16.33% 2019-12-31 9.12% 12.77% 9.08% 2018-12-31 3.29% 4.91% 3.61% 2017-12-31 14.38% 19.59% 11.37% 2016-12-31 14.57% 20.35% 8.18%
Cash and debt by year Period end Cash Debt 2025-12-31 $382.55M $1.81B 2024-12-31 $613.31M $1.42B 2023-12-31 $206.38M $1.24B 2022-12-31 $122.42M $1.30B 2021-12-31 $211.08M $1.23B 2020-12-31 $119.06M $1.04B 2019-12-31 $158.73M $938.18M 2018-12-31 $156.16M $975.28M 2017-12-31 $238.79M $876.12M 2016-12-31 $331.69M $961.41M
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 $334.71M $5.69M 2024-12-31 $370.69M $5.48M 2023-12-31 $444.61M $4.36M 2022-12-31 $503.98M $5.16M 2021-12-31 $300.49M $7.10M 2020-12-31 -$38.79M $5.26M 2019-12-31 $722.49M $6.15M 2018-12-31 $424.02M $7.14M 2017-12-31 $725.56M $7.42M 2016-12-31 $506.25M $7.54M
Dividend history Most recent payment Aug 31, 2026 Paid in the last twelve months $6.74 Payment date Dividend per share 2026-08-31 $1.71 2026-05-29 $1.71 2026-02-27 $1.71 2025-12-01 $1.61 2025-08-29 $1.61 2025-05-30 $1.61 2025-02-28 $1.61 2024-12-02 $1.61
Investor relations Next earnings report Next confirmed report Nov 18, 2026 Consensus EPS estimate $4.00 Past earnings dates Reported Fiscal period EPS estimate 2026-08-05 Jun 2026 $1.88 2026-05-13 Mar 2026 $4.43 2026-02-11 Dec 2025 $4.44 2025-11-19 Sep 2025 $4.03 2025-08-06 Jun 2025 $3.25 2025-05-07 Mar 2025 $3.77 2025-02-12 Dec 2024 $3.84 2024-11-20 Sep 2024 $3.48
Filings and sources Company website copa.gcs-web.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies Delta Air Lines, Inc. (DAL) · United Airlines Holdings, Inc. (UAL) · Southwest Airlines Co (LUV) · American Airlines Group Inc. (AAL) · Alaska Air Group, Inc. (ALK) · JetBlue Airways Corp (JBLU) · Union Pacific Corp (UNP) · CSX Corp (CSX)
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