Copa Holdings (CPA) Net Margin (2009 - 2026)
Copa Holdings' (CPA) quarterly Net Margin came in at 8.16% in Q2 2026, down 1551.0% year-over-year from 0.56% in Q2 2025, and down 69.53% quarter-over-quarter from 26.76% in Q1 2026.
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Copa Holdings (CPA) Net Margin (2009 - 2026) Analysis & Trends
Copa Holdings has disclosed Net Margin across 18 years of filings, most recently posting 8.16% for Q2 2026.
- In Q2 2026, Net Margin fell 1551.0% year-over-year to 8.16%; the TTM figure through Jun 2026 stood at 20.35% (down 119.0% YoY), while the FY2025 annual figure was 24.31%, up 100.0% from the prior year.
- Net Margin came in at 8.16% for Q2 2026 at Copa Holdings, down from 26.76% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 26.76% in Q1 2026 to a low of 1.9% in Q2 2022.
- Average Net Margin over 5 years is 17.86%, with a median of 19.4% recorded in 2023.
- Year-over-year, Net Margin jumped 5638 bps in 2022 and plunged 1551 bps in 2026.
- Over 5 years, Net Margin stood at 19.95% in 2022, then grew by 1 bps to 20.19% in 2023, then fell by 6 bps to 18.92% in 2024, then advanced by 16 bps to 21.94% in 2025, then plunged by 63 bps to 8.16% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.16% in Q2 2026, 26.76% in Q1 2026, and 21.94% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | 12.26% |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 9.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | -3.92% |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | -0.51% |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | -9.16% |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | -7.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.16% |
| Mar 31, 2026 | 26.76% |
| 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% |