Copa Holdings (CPA) FCF Margin (2014 - 2025)
Copa Holdings' (CPA) quarterly FCF Margin came in at 98.66% in Q4 2025, down 15329.0% year-on-year from N/an in Q4 2024, and down 280.9% quarter-over-quarter from 54.54% in Q3 2025.
Copa Holdings (CPA) FCF Margin (2014 - 2025) Analysis & Trends
Copa Holdings has disclosed FCF Margin across 12 years of filings, most recently posting 98.66% for Q4 2025.
- FCF Margin for Q4 2025 came in at 98.66%, down 15329.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.89% (down 3217.0% YoY), and the FY2025 annual result was 11.69%, down 251.0% from the prior year.
- FCF Margin came in at 98.66% for Q4 2025 at Copa Holdings, down from 54.54% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 54.64% in Q4 2024 to a low of 98.66% in Q4 2025.
- The 5-year median for FCF Margin is 26.08% (2022), against an average of 23.56%.
- Across the five-year window, FCF Margin jumped 117095 bps in 2021 and plunged 15329 bps in 2025, its largest moves.
- Copa Holdings' FCF Margin stood at 42.44% in 2021, then sank by 55 bps to 19.01% in 2022, then grew by 17 bps to 22.28% in 2023, then soared by 145 bps to 54.64% in 2024, then tumbled by 281 bps to 98.66% in 2025.
- The last three FCF Margin figures came in at 98.66% (Q4 2025), 54.54% (Q3 2025), and 33.09% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 9.03% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 264.47% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 10.87% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -98.66% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 11.85% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 12.87% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 32.60% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -0.27% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 33.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -98.66% |
| Sep 30, 2025 | 54.54% |
| Jun 30, 2025 | 33.09% |
| Mar 31, 2025 | 22.85% |
| Dec 31, 2024 | 54.64% |
| Sep 30, 2024 | 22.07% |
| Jun 30, 2024 | 32.92% |
| Mar 31, 2024 | 22.50% |
| Dec 31, 2023 | 22.28% |
| Sep 30, 2023 | 39.69% |
| Jun 30, 2023 | 26.79% |
| Mar 31, 2023 | 23.46% |
| Dec 31, 2022 | 19.01% |
| Sep 30, 2022 | 26.64% |
| Jun 30, 2022 | 22.86% |
| Mar 31, 2022 | 29.63% |
| Dec 31, 2021 | 42.44% |
| Sep 30, 2021 | 25.52% |
| Jun 30, 2021 | 49.48% |
| Mar 31, 2021 | -0.48% |