Growth Metrics

Copa Holdings (CPA) Net Cash Flow (2014 - 2025)

Copa Holdings recorded quarterly Net Cash Flow of $248.5 million in Q4 2025, up 1864.14% quarter-over-quarter from $12.7 million in Q3 2025, and up 793.17% year-over-year from $27.8 million in Q4 2024.

Copa Holdings' Net Cash Flow history runs 12 years deep, the most recent figure standing at $248.5 million for Q4 2025.

  • In Q4 2025, Net Cash Flow rose 793.17% year-over-year to $248.5 million; the TTM figure through Dec 2025 stood at -$116.0 million (down 451.26% YoY), while the FY2025 annual figure was -$116.0 million, down 120.99% from the prior year.
  • Net Cash Flow came in at $248.5 million for Q4 2025 at Copa Holdings, up from $12.7 million in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $363.4 million in Q3 2023 to a low of -$448.5 million in Q1 2025.
  • A 5-year average of $33.4 million and a median of $37.9 million in 2022 frame the typical range for Net Cash Flow.
  • On a YoY basis, Net Cash Flow climbed as much as 793.17% in 2025 and fell as far as 1151.03% in 2025.
  • Copa Holdings' Net Cash Flow stood at -$34.5 million in 2021, then soared by 210.02% to $37.9 million in 2022, then jumped by 216.06% to $119.9 million in 2023, then sank by 129.9% to -$35.8 million in 2024, then jumped by 793.17% to $248.5 million in 2025.
  • According to Business Quant data, Net Cash Flow over the past three periods registered $248.5 million, $12.7 million, and $71.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 734.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 97.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn -3.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -5.00 Mn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -176.00 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn -56.83 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 248.50 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -89.00 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 113.81 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 101.00 Mn

Historic Data

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DateValue
Dec 31, 2025 248.50 Mn
Dec 31, 2025 248.50 Mn
Sep 30, 2025 12.65 Mn
Sep 30, 2025 12.65 Mn
Jun 30, 2025 71.35 Mn
Jun 30, 2025 71.35 Mn
Mar 31, 2025 -448.49 Mn
Mar 31, 2025 -448.49 Mn
Dec 31, 2024 -35.85 Mn
Dec 31, 2024 -35.85 Mn
Sep 30, 2024 74.61 Mn
Sep 30, 2024 74.61 Mn
Jun 30, 2024 30.11 Mn
Jun 30, 2024 30.11 Mn
Mar 31, 2024 -35.85 Mn
Mar 31, 2024 -35.85 Mn
Dec 31, 2023 119.89 Mn
Dec 31, 2023 119.89 Mn
Sep 30, 2023 363.44 Mn
Sep 30, 2023 363.44 Mn
Jun 30, 2023 -13.57 Mn
Jun 30, 2023 -13.57 Mn
Mar 31, 2023 119.89 Mn
Mar 31, 2023 119.89 Mn
Dec 31, 2022 37.93 Mn
Dec 31, 2022 37.93 Mn
Sep 30, 2022 64.62 Mn
Sep 30, 2022 64.62 Mn
Jun 30, 2022 -114.89 Mn
Jun 30, 2022 -114.89 Mn
Mar 31, 2022 37.93 Mn
Mar 31, 2022 37.93 Mn
Dec 31, 2021 -34.48 Mn
Dec 31, 2021 -34.48 Mn
Sep 30, 2021 33.47 Mn
Sep 30, 2021 33.47 Mn
Jun 30, 2021 62.96 Mn
Jun 30, 2021 62.96 Mn
Mar 31, 2021 74.74 Mn
Mar 31, 2021 74.74 Mn
Dec 31, 2020 -58.41 Mn
Dec 31, 2020 -58.41 Mn
Sep 30, 2020 -85.03 Mn
Sep 30, 2020 -85.03 Mn
Jun 30, 2020 35.18 Mn
Jun 30, 2020 35.18 Mn
Mar 31, 2020 161.40 Mn
Mar 31, 2020 161.40 Mn
Dec 31, 2019 48.68 Mn
Dec 31, 2019 48.68 Mn
Sep 30, 2019 -852,000.00
Sep 30, 2019 -852,000.00
Jun 30, 2019 13.87 Mn
Jun 30, 2019 13.87 Mn
Mar 31, 2019 56.11 Mn
Mar 31, 2019 56.11 Mn
Dec 31, 2018 97.77 Mn
Dec 31, 2018 97.77 Mn
Sep 30, 2018 -428,000.00
Sep 30, 2018 -428,000.00
Jun 30, 2018 -25.43 Mn
Jun 30, 2018 -25.43 Mn
Mar 31, 2018 -42.21 Mn
Mar 31, 2018 -42.21 Mn
Dec 31, 2017 113.70 Mn
Dec 31, 2017 113.70 Mn
Sep 30, 2017 56.73 Mn
Sep 30, 2017 56.73 Mn
Jun 30, 2017 -77.03 Mn
Jun 30, 2017 -77.03 Mn
Mar 31, 2017 -61.79 Mn
Mar 31, 2017 -61.79 Mn
Dec 31, 2016 148.97 Mn
Dec 31, 2016 148.97 Mn
Sep 30, 2016 14.19 Mn
Sep 30, 2016 14.19 Mn
Jun 30, 2016 -2.34 Mn
Jun 30, 2016 -2.34 Mn
Mar 31, 2016 5.24 Mn
Mar 31, 2016 5.24 Mn
Dec 31, 2015 123.76 Mn
Dec 31, 2015 123.76 Mn
Sep 30, 2015 -54.78 Mn
Sep 30, 2015 -54.78 Mn
Jun 30, 2015 -30.08 Mn
Jun 30, 2015 -30.08 Mn
Mar 31, 2015 -1.03 Mn
Mar 31, 2015 -1.03 Mn
Dec 31, 2014 29.52 Mn
Dec 31, 2014 29.52 Mn
Sep 30, 2014 -41.56 Mn
Sep 30, 2014 -41.56 Mn
Jun 30, 2014 79.83 Mn
Jun 30, 2014 79.83 Mn
Mar 31, 2014 687,000.00
Mar 31, 2014 687,000.00