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| 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 |