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 | 31,362.66 Bn | 31,359.99 Bn | 1.28 Mn | 15.44% |
| 2 | Ryanair Holdings | 62.51 Bn | 59.32 Bn | - | 11.80% |
| 3 | Delta Air Lines | 58.30 Bn | 53.63 Bn | 19.07 Bn | 8.12% |
| 4 | Southwest Airlines | 22.49 Bn | 18.70 Bn | 7.33 Bn | 2.76% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 9.02 Bn | 8.20 Bn | - | -14.78% |
| 6 | Copa Holdings | 5.76 Bn | 4.42 Bn | 713.71 Mn | 21.94% |
| 7 | Alaska Air | 5.54 Bn | 3.77 Bn | 3.20 Bn | -5.85% |
| 8 | Skywest | 4.46 Bn | 3.86 Bn | 1.01 Bn | 9.13% |
| 9 | Jetblue Airways | 2.20 Bn | 1.79 Bn | 1.87 Bn | -14.24% |
| 10 | Allegiant Travel | 1.86 Bn | 954.68 Mn | 651.87 Mn | 6.32% |
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 | 3.67% |
| Dec 31, 2021 | 24.68% |
| Sep 30, 2021 | 1.20% |
| Jun 30, 2021 | 9.14% |
| Mar 31, 2021 | -59.64% |