Growth Metrics

Copa Holdings (CPA) Invested Capital (2012 - 2025)

Copa Holdings recorded quarterly Invested Capital of $4.8 billion in Q4 2025, up 65.55% quarter-over-quarter from $2.9 billion in Q3 2025, and up 17.62% year-over-year from $4.0 billion in Q4 2024.

Copa Holdings' Invested Capital history runs 14 years deep, the most recent figure standing at $4.8 billion for Q4 2025.

  • In Q4 2025, Invested Capital rose 17.62% year-over-year to $4.8 billion; the TTM figure through Dec 2025 stood at $4.8 billion (up 17.62% YoY), while the FY2025 annual figure was $4.8 billion, up 17.62% from the prior year.
  • Invested Capital came in at $4.8 billion for Q4 2025 at Copa Holdings, up from $2.9 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $4.8 billion in Q4 2025 to a low of $1.3 billion in Q1 2021.
  • A 5-year average of $2.4 billion and a median of $2.4 billion in 2024 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital sank 50.45% in 2021 and jumped 42.15% in 2023, its largest moves.
  • Copa Holdings' Invested Capital stood at $2.7 billion in 2021, then rose by 7.76% to $2.9 billion in 2022, then climbed by 22.08% to $3.6 billion in 2023, then increased by 12.8% to $4.0 billion in 2024, then rose by 17.62% to $4.8 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods registered $4.8 billion, $2.9 billion, and $2.8 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 33.61 Bn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 7.38 Bn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 3.53 Bn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 394.00 Mn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 8.81 Bn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 3.33 Bn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 4.76 Bn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 10.25 Bn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 2.89 Bn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 810.00 Mn

Historic Data

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DateValue
Dec 31, 2025 4.76 Bn
Sep 30, 2025 2.87 Bn
Jun 30, 2025 2.78 Bn
Mar 31, 2025 2.71 Bn
Dec 31, 2024 4.04 Bn
Sep 30, 2024 2.52 Bn
Jun 30, 2024 2.46 Bn
Mar 31, 2024 2.42 Bn
Dec 31, 2023 3.58 Bn
Sep 30, 2023 2.27 Bn
Jun 30, 2023 2.00 Bn
Mar 31, 2023 1.75 Bn
Dec 31, 2022 2.94 Bn
Sep 30, 2022 1.60 Bn
Jun 30, 2022 1.44 Bn
Mar 31, 2022 1.44 Bn
Dec 31, 2021 2.73 Bn
Sep 30, 2021 1.37 Bn
Jun 30, 2021 1.36 Bn
Mar 31, 2021 1.33 Bn
Dec 31, 2020 2.45 Bn
Sep 30, 2020 1.60 Bn
Jun 30, 2020 2.74 Bn
Dec 31, 2019 3.00 Bn
Sep 30, 2019 2.10 Bn
Jun 30, 2019 2.13 Bn
Mar 31, 2019 2.19 Bn
Dec 31, 2018 3.08 Bn
Sep 30, 2018 2.51 Bn
Jun 30, 2018 2.47 Bn
Mar 31, 2018 2.46 Bn
Dec 31, 2017 2.19 Bn
Sep 30, 2017 2.30 Bn
Jun 30, 2017 2.18 Bn
Mar 31, 2017 2.09 Bn
Dec 31, 2016 1.85 Bn
Sep 30, 2016 1.99 Bn
Jun 30, 2016 1.93 Bn
Mar 31, 2016 1.91 Bn
Dec 31, 2015 1.63 Bn
Sep 30, 2015 2.37 Bn
Jun 30, 2015 2.36 Bn
Mar 31, 2015 2.34 Bn
Dec 31, 2014 2.14 Bn
Sep 30, 2014 2.27 Bn
Jun 30, 2014 2.24 Bn
Mar 31, 2014 2.17 Bn
Dec 31, 2013 2.06 Bn
Sep 30, 2013 1.96 Bn
Jun 30, 2013 1.86 Bn
Mar 31, 2013 1.78 Bn
Dec 31, 2012 1.67 Bn