Copa Holdings (CPA) Debt Ratio (2012 - 2025)

Copa Holdings' (CPA) quarterly Debt Ratio came in at 0.3 in Q4 2025, up 3.39% year-on-year from 0.29 in Q4 2024, and up 2.86% quarter-over-quarter from 0.29 in Q3 2025.

Copa Holdings (CPA) Debt Ratio (2012 - 2025) Analysis & Trends

Copa Holdings has disclosed Debt Ratio across 14 years of filings, most recently posting 0.3 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.3, up 3.39% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.3 (up 3.39% YoY), and the FY2025 annual result was 0.3, up 3.39% from the prior year.
  • Debt Ratio came in at 0.3 for Q4 2025 at Copa Holdings, up from 0.29 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.36 in Q1 2021 to a low of 0.27 in Q2 2024.
  • The 5-year median for Debt Ratio is 0.3 (2023), against an average of 0.31.
  • Across the five-year window, Debt Ratio grew 24.05% in 2021 and declined 17.18% in 2023, its largest moves.
  • Copa Holdings' Debt Ratio stood at 0.34 in 2021, then slipped by 8.24% to 0.31 in 2022, then slipped by 8.6% to 0.28 in 2023, then climbed by 3.38% to 0.29 in 2024, then increased by 3.39% to 0.3 in 2025.
  • The last three Debt Ratio figures came in at 0.3 (Q4 2025), 0.29 (Q3 2025), and 0.29 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.07
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.17
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 0.49
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.18
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.30
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 0.26
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.33
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 0.07
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 0.51
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 0.41

Historic Data

Download Data
DateValue
Dec 31, 2025 0.30
Sep 30, 2025 0.29
Jun 30, 2025 0.29
Mar 31, 2025 0.28
Dec 31, 2024 0.29
Sep 30, 2024 0.27
Jun 30, 2024 0.27
Mar 31, 2024 0.28
Dec 31, 2023 0.28
Sep 30, 2023 0.27
Jun 30, 2023 0.30
Mar 31, 2023 0.30
Dec 31, 2022 0.31
Sep 30, 2022 0.33
Jun 30, 2022 0.34
Mar 31, 2022 0.34
Dec 31, 2021 0.34
Sep 30, 2021 0.34
Jun 30, 2021 0.35
Mar 31, 2021 0.36