Copa Holdings (CPA) Cash from Operations (2013 - 2026)
Copa Holdings (CPA) reported Cash from Operations of $359.71 million for Q1 2026, up 75.1% from $205.48 million a year earlier and up 75.1% from the prior quarter.
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Analysis
Copa Holdings (CPA) Cash from Operations (2013 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Copa Holdings' Cash from Operations came in at $1.11 billion, up 28.5% year-over-year; for FY2025, it came in at $1.15 billion, up 15.4% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 193.6% (FY2020 to FY2025).
- By year, Cash from Operations came in at $996.85 million in FY2024 (-4.6%), $1.04 billion in FY2023 (+37.7%), $758.54 million in FY2022 (+49.5%) and $507.29 million in FY2021.
- The Q1 2026 figure ranks as the highest quarterly Cash from Operations in data going back to Q3 2013.
- Year over year, Cash from Operations has now increased in each of the last five quarters, with growth averaging 12.8% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q4 2021 (growth of 202.9%); the low point was Q3 2024 (a decline of 45.2%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $205.48 million (Q4 2025), $267.19 million (Q3 2025) and $278.81 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 2.79 Bn |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 1.62 Bn |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 2.90 Bn |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 1.11 Bn |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 3.27 Bn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 1.32 Bn |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 1.71 Bn |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 465.00 Mn |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 469.47 Mn |
| 10 | Copa Holdings | 6.10 Bn | 1.17 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 359.71 Mn |
| Dec 31, 2025 | 205.48 Mn |
| Sep 30, 2025 | 267.19 Mn |
| Jun 30, 2025 | 278.81 Mn |
| Mar 31, 2025 | 205.48 Mn |
| Dec 31, 2024 | 201.00 Mn |
| Sep 30, 2024 | 188.62 Mn |
| Jun 30, 2024 | 269.78 Mn |
| Mar 31, 2024 | 201.00 Mn |
| Dec 31, 2023 | 203.42 Mn |
| Sep 30, 2023 | 344.42 Mn |
| Jun 30, 2023 | 216.75 Mn |
| Mar 31, 2023 | 203.42 Mn |
| Dec 31, 2022 | 169.34 Mn |
| Sep 30, 2022 | 215.64 Mn |
| Jun 30, 2022 | 158.50 Mn |
| Mar 31, 2022 | 169.34 Mn |
| Dec 31, 2021 | 244.03 Mn |
| Sep 30, 2021 | 113.58 Mn |
| Jun 30, 2021 | 150.56 Mn |
API Access
Copa Holdings Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CPA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();