Growth Metrics

Copa Holdings (CPA) EBT Margin (2013 - 2025)

Copa Holdings recorded quarterly EBT Margin of 19.94% in Q4 2025, down 10.21% quarter-over-quarter from 22.2% in Q3 2025, and down 158.0% year-over-year from 34.37% in Q4 2024.

Copa Holdings' EBT Margin history runs 13 years deep, the most recent figure standing at 19.94% for Q4 2025.

  • In Q4 2025, EBT Margin fell 158.0% year-over-year to 19.94%; the TTM figure through Dec 2025 stood at 21.44% (up 96.0% YoY), while the FY2025 annual figure was 21.44%, up 96.0% from the prior year.
  • EBT Margin came in at 19.94% for Q4 2025 at Copa Holdings, down from 22.2% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 24.73% in Q3 2023 to a low of 59.51% in Q1 2021.
  • A 5-year average of 13.06% and a median of 19.18% in 2022 frame the typical range for EBT Margin.
  • On a YoY basis, EBT Margin climbed as much as 276520 bps in 2021 and fell as far as 7344 bps in 2021.
  • Copa Holdings' EBT Margin stood at 22.63% in 2021, then sank by 45 bps to 12.47% in 2022, then soared by 85 bps to 23.12% in 2023, then declined by 7 bps to 21.51% in 2024, then retreated by 7 bps to 19.94% in 2025.
  • According to Business Quant data, EBT Margin over the past three periods registered 19.94%, 22.2%, and 20.67% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn -1.35%
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 3.93%
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 17.11%
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -11.56%
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -9.61%
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 10.64%
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 19.94%
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -15.00%
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 9.83%
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn -28.33%

Historic Data

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DateValue
Dec 31, 2025 19.94%
Sep 30, 2025 22.20%
Jun 30, 2025 20.67%
Mar 31, 2025 22.99%
Dec 31, 2024 21.51%
Sep 30, 2024 19.81%
Jun 30, 2024 17.16%
Mar 31, 2024 23.15%
Dec 31, 2023 23.12%
Sep 30, 2023 24.73%
Jun 30, 2023 5.35%
Mar 31, 2023 16.40%
Dec 31, 2022 12.47%
Sep 30, 2022 15.84%
Jun 30, 2022 18.55%
Mar 31, 2022 3.56%
Dec 31, 2021 22.63%
Sep 30, 2021 1.53%
Jun 30, 2021 9.18%
Mar 31, 2021 -59.51%
Dec 31, 2020 -122.92%
Sep 30, 2020 -365.16%
Jun 30, 2020 -2,756.01%
Mar 31, 2020 13.93%
Dec 31, 2019 1.23%
Sep 30, 2019 16.42%
Jun 30, 2019 10.97%
Mar 31, 2019 14.58%
Dec 31, 2018 -23.13%
Sep 30, 2018 10.24%
Jun 30, 2018 9.01%
Mar 31, 2018 20.75%
Dec 31, 2017 16.74%
Sep 30, 2017 18.18%
Jun 30, 2017 12.38%
Mar 31, 2017 18.20%
Dec 31, 2016 62.00%
Sep 30, 2016 15.25%
Jun 30, 2016 12.19%
Mar 31, 2016 22.77%
Dec 31, 2015 -75.47%
Sep 30, 2015 1.90%
Jun 30, 2015 13.23%
Mar 31, 2015 20.28%
Dec 31, 2014 60.88%
Sep 30, 2014 10.80%
Jun 30, 2014 19.60%
Mar 31, 2014 24.34%
Dec 31, 2013 70.02%
Sep 30, 2013 22.71%
Jun 30, 2013 13.91%
Mar 31, 2013 20.03%