Copa Holdings (CPA) Debt to Equity (2012 - 2025)
Copa Holdings recorded quarterly Debt to Equity of $0.71 in Q4 2025, up 3.69% quarter-over-quarter from $0.69 in Q3 2025, and up 1.33% year-over-year from $0.7 in Q4 2024.
Copa Holdings' Debt to Equity history runs 14 years deep, the most recent figure standing at $0.71 for Q4 2025.
- In Q4 2025, Debt to Equity rose 1.33% year-over-year to $0.71; the TTM figure through Dec 2025 stood at $0.71 (up 1.33% YoY), while the FY2025 annual figure 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.
- A 5-year average of $0.89 and a median of $0.82 in 2025 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity jumped 65.42% in 2021 and sank 37.42% in 2023, its largest moves.
- Copa Holdings' Debt to Equity stood at $1.1 in 2021, then retreated by 11.78% to $0.97 in 2022, then declined by 28.79% to $0.69 in 2023, then rose by 2.16% to $0.7 in 2024, then rose by 1.33% to $0.71 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.71, $0.69, and $0.67 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 0.70 |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 0.78 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.43 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 0.88 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 0.71 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 4.66 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.63 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 2.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 0.91 |
| Sep 30, 2020 | 0.85 |
| Jun 30, 2020 | 0.72 |
| Dec 31, 2019 | 0.55 |
| Sep 30, 2019 | 0.56 |
| Jun 30, 2019 | 0.66 |
| Mar 31, 2019 | 0.73 |
| Dec 31, 2018 | 0.72 |
| Sep 30, 2018 | 0.53 |
| Jun 30, 2018 | 0.52 |
| Mar 31, 2018 | 0.52 |
| Dec 31, 2017 | 0.62 |
| Sep 30, 2017 | 0.58 |
| Jun 30, 2017 | 0.60 |
| Mar 31, 2017 | 0.61 |
| Dec 31, 2016 | 0.73 |
| Sep 30, 2016 | 0.68 |
| Jun 30, 2016 | 0.73 |
| Mar 31, 2016 | 0.74 |
| Dec 31, 2015 | 0.94 |
| Sep 30, 2015 | 0.60 |
| Jun 30, 2015 | 0.55 |
| Mar 31, 2015 | 0.54 |
| Dec 31, 2014 | 0.69 |
| Sep 30, 2014 | 0.54 |
| Jun 30, 2014 | 0.50 |
| Mar 31, 2014 | 0.52 |
| Dec 31, 2013 | 0.56 |
| Sep 30, 2013 | 0.61 |
| Jun 30, 2013 | 0.66 |
| Mar 31, 2013 | 0.70 |
| Dec 31, 2012 | 0.78 |