Copa Holdings (CPA) Return on Capital Employed (2013 - 2025)
Copa Holdings recorded quarterly Return on Capital Employed of 16.15% in Q4 2025, down 5.82% quarter-over-quarter from 17.14% in Q3 2025, and down 149.0% year-over-year from 32.95% in Q4 2024.
Copa Holdings' Return on Capital Employed history runs 13 years deep, the most recent figure standing at 16.15% for Q4 2025.
- In Q4 2025, Return on Capital Employed fell 149.0% year-over-year to 16.15%; the TTM figure through Dec 2025 stood at 16.15% (down 149.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 12.3% and a median of 16.95% in 2023 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 2974 bps in 2022 and sank 479 bps in 2024, its largest moves.
- Copa Holdings' Return on Capital Employed stood at 4.81% in 2021, then soared by 170 bps to 13.01% in 2022, then soared by 62 bps to 21.07% in 2023, then fell by 16 bps to 17.63% in 2024, then fell by 8 bps to 16.15% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 16.15%, 17.14%, and 17.21% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 11.47% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 5.87% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 7,568,381.22% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 3.51% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.66% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 10.50% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 16.15% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -3.55% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.70% |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -7.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2020 | -15.08% |
| Sep 30, 2020 | -10.93% |
| Dec 31, 2019 | 10.21% |
| Sep 30, 2019 | 14.18% |
| Jun 30, 2019 | 12.61% |
| Mar 31, 2019 | 12.42% |
| Dec 31, 2018 | 13.68% |
| Sep 30, 2018 | 11.84% |
| Jun 30, 2018 | 13.42% |
| Mar 31, 2018 | 14.65% |
| Dec 31, 2017 | 14.45% |
| Sep 30, 2017 | 19.11% |
| Jun 30, 2017 | 18.05% |
| Mar 31, 2017 | 17.10% |
| Dec 31, 2016 | 16.85% |
| Sep 30, 2016 | 16.45% |
| Jun 30, 2016 | 15.73% |
| Mar 31, 2016 | 16.45% |
| Dec 31, 2015 | 16.61% |
| Sep 30, 2015 | 10.20% |
| Jun 30, 2015 | 11.95% |
| Mar 31, 2015 | 14.74% |
| Dec 31, 2014 | 16.55% |
| Sep 30, 2014 | 17.36% |
| Jun 30, 2014 | 19.13% |
| Mar 31, 2014 | 18.42% |
| Dec 31, 2013 | 18.04% |
| Sep 30, 2013 | 15.98% |
| Jun 30, 2013 | 12.10% |
| Mar 31, 2013 | 10.85% |