Copa Holdings (CPA) Return on Capital Employed (2009 - 2025)
Copa Holdings (CPA) posted Return on Capital Employed of 16.15% for Q4 2025, down 5.82% sequentially from 17.14% in Q3 2025, and down 149.0% YoY from 32.95% in Q4 2024.
Copa Holdings (CPA) Return on Capital Employed (2009 - 2025) Analysis & Trends
Copa Holdings has reported Return on Capital Employed for 17 years, with the latest figure at 16.15% in Q4 2025.
- Quarterly Return on Capital Employed fell 149.0% year-over-year to 16.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 16.15% (down 149.0% YoY) and the FY2025 annual result came in at 17.05%, down 125.0% from the prior year.
- Return on Capital Employed declined to 16.15% in Q4 2025 per CPA's latest filing, from 17.14% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 24.98% in Q2 2023 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed jumped 2974 bps in 2022, then slumped 479 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 4.81% in 2021, then jumped by 170 bps to 13.01% in 2022, then jumped by 62 bps to 21.07% in 2023, then declined by 16 bps to 17.63% in 2024, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 10.65% |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 18.29% |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 6.32% |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -1.65% |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 10.54% |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 3.74% |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -4.73% |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | -8.34% |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 12.36% |
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% |