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| 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% |