Copa Holdings (CPA) Net Margin (2009 - 2025)
Copa Holdings (CPA) posted Net Margin of 21.94% for Q4 2025, down 13.69% sequentially from 25.42% in Q3 2025, and up 303.0% YoY from 5.44% in Q4 2024.
Copa Holdings (CPA) Net Margin (2009 - 2025) Analysis & Trends
Copa Holdings has reported Net Margin for 17 years, with the latest figure at 21.94% in Q4 2025.
- Quarterly Net Margin rose 303.0% year-over-year to 21.94% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 24.31% (up 665.0% YoY) and the FY2025 annual result came in at 18.56%, up 92.0% from the prior year.
- Net Margin retreated to 21.94% in Q4 2025 per CPA's latest filing, from 25.42% in the prior quarter.
- Over five years, Net Margin peaked at 26.33% in Q1 2025 and troughed at 51.22% in Q1 2021.
- A 5-year average of 12.55% and a median of 18.56% in 2023 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 265101 bps in 2021, down 6370 bps in 2021.
- Over 5 years, Net Margin stood at 14.21% in 2021, then soared by 40 bps to 19.95% in 2022, then rose by 1 bps to 20.19% in 2023, then decreased by 6 bps to 18.92% in 2024, then grew by 16 bps to 21.94% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 21.94%, 25.42%, and 23.67% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.92 Bn | 49.25 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 29.19 Bn | 25.98 Bn | - | 14.23% |
| 3 | Southwest Airlines | 19.77 Bn | 15.97 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.34 Bn | 4.08 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.54 Bn | 1.87 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 4.04 Bn | 3.43 Bn | 1.01 Bn | 9.13% |
| 7 | Allegiant Travel | 1.81 Bn | 753.32 Mn | 902.77 Mn | -0.51% |
| 8 | Jetblue Airways | 1.79 Bn | -234.48 Mn | 2.32 Bn | -9.16% |
| 9 | Frontier Group Holdings | 1.34 Bn | 385.77 Mn | - | -7.04% |
| 10 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 1.01 Bn | 185.38 Mn | - | -63.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21.94% |
| Sep 30, 2025 | 25.42% |
| Jun 30, 2025 | 23.67% |
| Mar 31, 2025 | 26.33% |
| Dec 31, 2024 | 18.92% |
| Sep 30, 2024 | 17.08% |
| Jun 30, 2024 | 14.68% |
| Mar 31, 2024 | 19.71% |
| Dec 31, 2023 | 20.19% |
| Sep 30, 2023 | 20.10% |
| Jun 30, 2023 | 19.09% |
| Mar 31, 2023 | 18.20% |
| Dec 31, 2022 | 19.95% |
| Sep 30, 2022 | 14.22% |
| Jun 30, 2022 | 1.90% |
| Mar 31, 2022 | 5.16% |
| Dec 31, 2021 | 14.21% |
| Sep 30, 2021 | 6.72% |
| Jun 30, 2021 | -5.32% |
| Mar 31, 2021 | -51.22% |