Copa Holdings (CPA) Tax Rate (2009 - 2026)
Copa Holdings' (CPA) quarterly Tax Rate came in at 11.78% in Q2 2026, up 272.0% year-over-year from 3.17% in Q2 2025, and up 15.83% quarter-over-quarter from 14.0% in Q1 2026.
Powered by 
Analysis
Copa Holdings (CPA) Tax Rate (2009 - 2026) Analysis & Trends
Copa Holdings has disclosed Tax Rate across 18 years of filings, most recently posting 11.78% for Q2 2026.
- In Q2 2026, Tax Rate rose 272.0% year-over-year to 11.78%; the TTM figure through Jun 2026 stood at 12.85% (up 91.0% YoY), while the FY2025 annual figure was 13.4%, up 44.0% from the prior year.
- Tax Rate came in at 11.78% for Q2 2026 at Copa Holdings, up from 14.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 3.03% in Q1 2022 to a low of 59.55% in Q2 2023.
- Average Tax Rate over 5 years is 14.96%, with a median of 13.87% recorded in 2024.
- Year-over-year, Tax Rate plunged 5600 bps in 2023 and jumped 4507 bps in 2024.
- Over 5 years, Tax Rate stood at 20.5% in 2022, then surged by 46 bps to 11.08% in 2023, then dropped by 11 bps to 12.31% in 2024, then rose by 18 bps to 10.07% in 2025, then fell by 17 bps to 11.78% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 11.78% in Q2 2026, 14.0% in Q1 2026, and 10.07% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 20.16% |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | -9.31% |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 23.86% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | -11.78% |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | 64.49% |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 27.48% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 14.71% |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 7.66% |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | 8.86% |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.78% |
| Mar 31, 2026 | -14.00% |
| Dec 31, 2025 | -10.07% |
| Sep 30, 2025 | -14.50% |
| Jun 30, 2025 | -14.50% |
| Mar 31, 2025 | -14.50% |
| Dec 31, 2024 | -12.31% |
| Sep 30, 2024 | -13.74% |
| Jun 30, 2024 | -14.48% |
| Mar 31, 2024 | -14.89% |
| Dec 31, 2023 | -11.08% |
| Sep 30, 2023 | -12.67% |
| Jun 30, 2023 | -59.55% |
| Mar 31, 2023 | -14.54% |
| Dec 31, 2022 | -20.50% |
| Sep 30, 2022 | -9.55% |
| Jun 30, 2022 | -3.54% |
| Mar 31, 2022 | -3.03% |
| Dec 31, 2021 | -9.10% |
| Sep 30, 2021 | 21.40% |