Copa Holdings (CPA) Tax Rate (2009 - 2021)
Copa Holdings' Tax Rate came in at -11.78% for Q2 2026, up 2.72 percentage points from -14.50% a year earlier and up 2.22 percentage points from the prior quarter.
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Analysis
Copa Holdings (CPA) Tax Rate (2009 - 2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Copa Holdings reported Tax Rate of -12.85%, up 0.91 percentage points year-over-year; for FY2025, it came in at -13.40%, up 0.44 percentage points from FY2024.
- Tax Rate carries a five-year change of -9.64 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -13.84% in FY2024 (+2.03 pp), -15.87% in FY2023 (-5.53 pp), -10.35% in FY2022 (+8.95 pp) and -19.30% in FY2021 (-15.54 pp).
- The five-year range for quarterly Tax Rate is -59.55% (Q2 2023) to 21.40% (Q3 2021).
- Year-over-year, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of +0.34 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 45.07 percentage points), and the weakest in Q2 2023 (a drop of 56.00 percentage points).
- Business Quant data shows CPA's Tax Rate at -14.00% (Q1 2026), -10.07% (Q4 2025) and -14.50% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.71 Bn | 165.24 Bn | - | 22.00% |
| 2 | Csx | 89.30 Bn | 85.51 Bn | - | 24.09% |
| 3 | United Parcel Service | 84.73 Bn | 61.63 Bn | - | 20.63% |
| 4 | Canadian Pacific Kansas City | 77.71 Bn | 76.73 Bn | - | 24.65% |
| 5 | Norfolk Southern | 73.37 Bn | 68.01 Bn | - | 23.46% |
| 6 | Fedex | 70.49 Bn | 36.44 Bn | - | 24.21% |
| 7 | Delta Air Lines | 50.74 Bn | 32.92 Bn | - | 29.61% |
| 8 | Old Dominion Freight Line | 39.11 Bn | 38.37 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 33.06 Bn | -23.32 Bn | - | 21.54% |
| 10 | Copa Holdings | 5.60 Bn | 670.06 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 21.40% |
| Jun 30, 2021 | 0.49% |
| Mar 31, 2020 | 10.47% |
| Sep 30, 2018 | 16.41% |
| Jun 30, 2018 | 12.85% |
| Mar 31, 2018 | 7.97% |
| Dec 31, 2017 | 10.21% |
| Sep 30, 2017 | 12.04% |
| Jun 30, 2017 | 17.47% |
| Mar 31, 2017 | 9.80% |
| Dec 31, 2016 | 8.46% |
| Sep 30, 2016 | 14.60% |
| Jun 30, 2016 | 9.57% |
| Mar 31, 2016 | 9.04% |
| Sep 30, 2015 | 40.33% |
| Jun 30, 2015 | 10.02% |
| Mar 31, 2015 | 11.65% |
| Dec 31, 2014 | 174.95% |
| Sep 30, 2014 | 7.91% |
| Jun 30, 2014 | 10.48% |
API Access
Copa Holdings Tax Rate 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=tax-rate&ticker=CPA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CPA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();