Copa Holdings (CPA) FCF Margin (2013 - 2026)
Copa Holdings' (CPA) quarterly FCF Margin came in at 49.71% in Q1 2026, up 2686.0% year-over-year from 1.78% in Q1 2025, and down 45.28% quarter-over-quarter from 90.85% in Q4 2025.
Analysis
Copa Holdings (CPA) FCF Margin (2013 - 2026) Analysis & Trends
Copa Holdings has disclosed FCF Margin across 14 years of filings, most recently posting 49.71% for Q1 2026.
- In Q1 2026, FCF Margin rose 2686.0% year-over-year to 49.71%; the TTM figure through Mar 2026 stood at 57.67% (up 760.0% YoY), while the FY2025 annual figure was 54.35%, up 725.0% from the prior year.
- FCF Margin came in at 49.71% for Q1 2026 at Copa Holdings, down from 90.85% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 121.15% in Q4 2024 to a low of 22.07% in Q3 2024.
- Average FCF Margin over 5 years is 44.91%, with a median of 32.92% recorded in 2024.
- Year-over-year, FCF Margin jumped 3739 bps in 2024 and tumbled 3030 bps in 2025.
- Over 5 years, FCF Margin stood at 61.02% in 2022, then soared by 37 bps to 83.76% in 2023, then jumped by 45 bps to 121.15% in 2024, then declined by 25 bps to 90.85% in 2025, then plunged by 45 bps to 49.71% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 49.71% in Q1 2026, 90.85% in Q4 2025, and 54.54% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 12.05% |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | 38.28% |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | -3.42% |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | 2.63% |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 25.74% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 5.61% |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | -7.91% |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | -13.98% |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | 9.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 49.71% |
| Dec 31, 2025 | 90.85% |
| Sep 30, 2025 | 54.54% |
| Jun 30, 2025 | 33.09% |
| Mar 31, 2025 | 22.85% |
| Dec 31, 2024 | 121.15% |
| Sep 30, 2024 | 22.07% |
| Jun 30, 2024 | 32.92% |
| Mar 31, 2024 | 22.50% |
| Dec 31, 2023 | 83.76% |
| Sep 30, 2023 | 39.69% |
| Jun 30, 2023 | 26.79% |
| Mar 31, 2023 | 23.46% |
| Dec 31, 2022 | 61.02% |
| 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% |