Copa Holdings (CPA) Return on Capital Employed (2013 - 2025)

Copa Holdings' (CPA) quarterly Return on Capital Employed came in at 16.15% in Q4 2025, down 149.0% year-on-year from 32.95% in Q4 2024, and down 5.82% quarter-over-quarter from 17.14% in Q3 2025.

Copa Holdings (CPA) Return on Capital Employed (2013 - 2025) Analysis & Trends

Copa Holdings has disclosed Return on Capital Employed across 13 years of filings, most recently posting 16.15% for Q4 2025.

  • Return on Capital Employed for Q4 2025 came in at 16.15%, down 149.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 16.15% (down 149.0% YoY), and the FY2025 annual result was 17.05%, down 125.0% from the prior year.
  • Return on Capital Employed came in at 16.15% for Q4 2025 at Copa Holdings, down from 17.14% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 24.98% in Q2 2023 to a low of 21.06% in Q1 2021.
  • The 5-year median for Return on Capital Employed is 16.95% (2023), against an average of 12.3%.
  • Across the five-year window, Return on Capital Employed surged 2974 bps in 2022 and slumped 479 bps in 2024, its largest moves.
  • Copa Holdings' Return on Capital Employed stood at 4.81% in 2021, then surged by 170 bps to 13.01% in 2022, then surged by 62 bps to 21.07% in 2023, then declined by 16 bps to 17.63% in 2024, then declined by 8 bps to 16.15% in 2025.
  • The last three Return on Capital Employed figures came in at 16.15% (Q4 2025), 17.14% (Q3 2025), and 17.21% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 25.23%
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 11.47%
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 7,568,387.53%
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 5.87%
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 16.15%
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.66%
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 10.50%
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 3.51%
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -3.55%
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 1.70%

Historic Data

Download Data
DateValue
Dec 31, 2025 16.15%
Sep 30, 2025 17.14%
Jun 30, 2025 17.21%
Mar 31, 2025 17.05%
Dec 31, 2024 17.63%
Sep 30, 2024 18.48%
Jun 30, 2024 20.19%
Mar 31, 2024 21.43%
Dec 31, 2023 21.07%
Sep 30, 2023 22.19%
Jun 30, 2023 24.98%
Mar 31, 2023 16.85%
Dec 31, 2022 13.01%
Sep 30, 2022 12.47%
Jun 30, 2022 9.85%
Mar 31, 2022 8.68%
Dec 31, 2021 4.81%
Sep 30, 2021 -3.36%
Jun 30, 2021 -8.78%
Mar 31, 2021 -21.06%