Copa Holdings (CPA) FCF Margin (2013 - 2026)
Copa Holdings' FCF Margin came in at 49.71% for Q1 2026, up 26.86 percentage points from 22.85% a year earlier and up 22.54 percentage points from the prior quarter.
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Analysis
Copa Holdings (CPA) FCF Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Copa Holdings reported FCF Margin of 41.41%, up 16.36 percentage points year-over-year; for FY2025, it came in at 9.25%, down 1.50 percentage points from FY2024.
- FCF Margin has declined in each of the last four years, though with a five-year change of +14.09 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 10.76% in FY2024 (-2.10 pp), 12.86% in FY2023 (-4.14 pp), 17.00% in FY2022 (-2.90 pp) and 19.90% in FY2021 (+24.74 pp).
- The five-year range for quarterly FCF Margin is 19.01% (Q4 2022) to 54.54% (Q3 2025).
- Year-over-year, FCF Margin has increased for six consecutive quarters, with an average year-over-year change of +6.66 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2021 (a gain of 1170.95 percentage points), and the weakest in Q2 2022 (a drop of 26.63 percentage points).
- Business Quant data shows CPA's FCF Margin at 27.18% (Q4 2025), 54.54% (Q3 2025) and 33.09% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 24.48% |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 25.49% |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 10.53% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 22.21% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 7.16% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 20.87% |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 1.49% |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | -9.37% |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 25.30% |
| 10 | Copa Holdings | 6.10 Bn | 1.17 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 49.71% |
| Dec 31, 2025 | 27.18% |
| Sep 30, 2025 | 54.54% |
| Jun 30, 2025 | 33.09% |
| Mar 31, 2025 | 22.85% |
| Dec 31, 2024 | 22.88% |
| 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% |
API Access
Copa Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CPA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();