Copa Holdings (CPA) Net Margin (2009 - 2025)

Copa Holdings (CPA) reported Net Margin of 21.94% for Q4 2025, up 303.0% on a YoY basis from 5.44% in Q4 2024, and down 13.69% sequentially from 25.42% in Q3 2025.

Copa Holdings (CPA) Net Margin (2009 - 2025) Analysis & Trends

Copa Holdings (CPA) has 17 years of Net Margin data on file, last reported at 21.94% in Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 303.0% year-over-year to 21.94%; the trailing twelve-month figure through Dec 2025 stood at 24.31% (up 665.0% YoY), and the FY2025 full-year result was 18.56%, up 92.0% from the prior year.
  • Net Margin retreated to 21.94% in Q4 2025, from 25.42% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 26.33% in Q1 2025 to a low of 59.64% in Q1 2021.
  • A 5-year average of 13.02% and a median of 19.0% in 2023 frame the typical range for Net Margin.
  • Peak annual rise in Net Margin reached 266547 bps in 2021, while the deepest fall reached 7211 bps in 2021.
  • Tracing CPA's Net Margin over 5 years: stood at 24.68% in 2021, then slipped by 19 bps to 19.95% in 2022, then climbed by 1 bps to 20.19% in 2023, then declined by 6 bps to 18.92% in 2024, then gained by 16 bps to 21.94% in 2025.
  • Business Quant data shows CPA's Net Margin at 21.94% in Q4 2025, 25.42% in Q3 2025, and 23.67% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 0.01%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - -
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 8.12%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 2.76%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -14.78%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 21.94%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn -5.85%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 9.13%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -14.24%
10 Allegiant Travel 1.82 Bn 915.81 Mn 651.87 Mn 6.32%

Historic Data

Download Data
DateValue
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 3.67%
Dec 31, 2021 24.68%
Sep 30, 2021 1.20%
Jun 30, 2021 9.14%
Mar 31, 2021 -59.64%