Copa Holdings (CPA) Debt to Equity (2014 - 2025)

Copa Holdings' (CPA) quarterly Debt to Equity came in at $0.71 in Q4 2025, up 1.33% year-on-year from $0.7 in Q4 2024, and up 3.69% quarter-over-quarter from $0.69 in Q3 2025.

Copa Holdings (CPA) Debt to Equity (2014 - 2025) Analysis & Trends

Copa Holdings has disclosed Debt to Equity across 12 years of filings, most recently posting $0.71 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at $0.71, up 1.33% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.71 (up 1.33% YoY), and the FY2025 annual result was $0.71, up 1.33% from the prior year.
  • Debt to Equity came in at $0.71 for Q4 2025 at Copa Holdings, up from $0.69 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.25 in Q1 2021 to a low of $0.65 in Q3 2024.
  • The 5-year median for Debt to Equity is $0.82 (2025), against an average of $0.89.
  • Across the five-year window, Debt to Equity soared 65.42% in 2021 and slumped 37.42% in 2023, its largest moves.
  • Copa Holdings' Debt to Equity stood at $1.1 in 2021, then fell by 11.78% to $0.97 in 2022, then dropped by 28.79% to $0.69 in 2023, then increased by 2.16% to $0.7 in 2024, then increased by 1.33% to $0.71 in 2025.
  • The last three Debt to Equity figures came in at $0.71 (Q4 2025), $0.69 (Q3 2025), and $0.67 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.13
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.70
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.78
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.71
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.43
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.88
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 4.66
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 1.63

Historic Data

Download Data
DateValue
Dec 31, 2025 0.71
Sep 30, 2025 0.69
Jun 30, 2025 0.67
Mar 31, 2025 0.65
Dec 31, 2024 0.70
Sep 30, 2024 0.65
Jun 30, 2024 0.66
Mar 31, 2024 0.65
Dec 31, 2023 0.69
Sep 30, 2023 0.68
Jun 30, 2023 1.00
Mar 31, 2023 0.92
Dec 31, 2022 0.97
Sep 30, 2022 1.09
Jun 30, 2022 1.16
Mar 31, 2022 1.15
Dec 31, 2021 1.10
Sep 30, 2021 1.16
Jun 30, 2021 1.19
Mar 31, 2021 1.25