Copa Holdings (CPA) Return on Capital Employed [ROCE] (2009 - 2026)
Copa Holdings (CPA) reported Return on Capital Employed [ROCE] of 14.41% for Q2 2026, down 2.80 percentage points from 17.21% a year earlier and down 2.29 percentage points from the prior quarter.
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Analysis
Copa Holdings (CPA) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Copa Holdings posted Return on Capital Employed [ROCE] of 17.34%, down 0.96 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +31.34 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 18.30% in FY2024 (-3.72 pp), 22.02% in FY2023 (+8.28 pp), 13.75% in FY2022 (+8.68 pp) and 5.07% in FY2021 (+19.07 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q4 2022.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last nine quarters, with an average year-over-year change of -2.53 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2022 (a gain of 29.74 percentage points); the low point was Q2 2024 (a drop of 4.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.70% (Q1 2026), 16.41% (Q4 2025) and 17.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.10 Bn | 164.34 Bn | - | 15.93% |
| 2 | Csx | 93.10 Bn | 88.32 Bn | - | 13.38% |
| 3 | United Parcel Service | 84.57 Bn | 61.47 Bn | - | 11.61% |
| 4 | Canadian Pacific Kansas City | 78.73 Bn | 77.75 Bn | - | 6.99% |
| 5 | Norfolk Southern | 73.75 Bn | 68.21 Bn | - | 9.77% |
| 6 | Fedex | 70.30 Bn | 36.25 Bn | - | 7.01% |
| 7 | Delta Air Lines | 49.47 Bn | 31.66 Bn | - | 10.05% |
| 8 | Old Dominion Freight Line | 37.89 Bn | 37.15 Bn | - | 28.03% |
| 9 | United Airlines Holdings | 31.44 Bn | -26.25 Bn | - | 8.46% |
| 10 | Copa Holdings | 5.36 Bn | 435.10 Mn | - | 14.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.41% |
| Mar 31, 2026 | 16.70% |
| 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% |
API Access
Copa Holdings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CPA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CPA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CPA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();