Copa Holdings (CPA) Return on Invested Capital [ROIC] (2009 - 2026)
Copa Holdings (CPA) reported Return on Invested Capital [ROIC] of 15.69% for Q2 2026, down 3.55 percentage points from 19.24% a year earlier and down 2.53 percentage points from the prior quarter.
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Analysis
Copa Holdings (CPA) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Copa Holdings posted Return on Invested Capital [ROIC] of 18.89%, down 1.01 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +35.99 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 19.90% in FY2024 (-4.90 pp), 24.80% in FY2023 (+8.75 pp), 16.05% in FY2022 (+10.01 pp) and 6.03% in FY2021 (+23.13 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q4 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last nine quarters, with an average year-over-year change of -3.33 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2022 (a gain of 34.97 percentage points); the low point was Q3 2024 (a drop of 6.27 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.22% (Q1 2026), 18.17% (Q4 2025) and 19.17% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 174.04 Bn | 166.29 Bn | - | 15.71% |
| 2 | Csx | 93.63 Bn | 88.85 Bn | - | 12.59% |
| 3 | Canadian Pacific Kansas City | 78.71 Bn | 78.42 Bn | - | 5.98% |
| 4 | United Parcel Service | 75.71 Bn | 52.63 Bn | - | 12.85% |
| 5 | Norfolk Southern | 74.09 Bn | 68.55 Bn | - | 9.67% |
| 6 | Fedex | 70.69 Bn | 36.64 Bn | - | 7.44% |
| 7 | Delta Air Lines | 50.49 Bn | 32.68 Bn | - | 10.82% |
| 8 | Old Dominion Freight Line | 37.91 Bn | 37.17 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 31.82 Bn | -25.88 Bn | - | 8.90% |
| 10 | Copa Holdings | 5.41 Bn | 478.61 Mn | - | 15.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.25% |
| Mar 31, 2026 | 17.74% |
| Dec 31, 2025 | 17.69% |
| Sep 30, 2025 | 18.52% |
| Jun 30, 2025 | 18.48% |
| Mar 31, 2025 | 18.43% |
| Dec 31, 2024 | 19.15% |
| Sep 30, 2024 | 20.30% |
| Jun 30, 2024 | 21.70% |
| Mar 31, 2024 | 23.03% |
| Dec 31, 2023 | 23.19% |
| Sep 30, 2023 | 25.06% |
| Jun 30, 2023 | 24.30% |
| Mar 31, 2023 | 19.92% |
| Dec 31, 2022 | 15.39% |
| Sep 30, 2022 | 13.72% |
| Jun 30, 2022 | 11.04% |
| Mar 31, 2022 | 9.96% |
| Dec 31, 2021 | 5.68% |
| Sep 30, 2021 | -3.73% |
API Access
Copa Holdings Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=CPA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=CPA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();