Copa Holdings (CPA) Tax Rate (2013 - 2016)
Copa Holdings' (CPA) quarterly Tax Rate came in at 3.1% in Q4 2016, up 1125.0% year-on-year from 0.25% in Q1 2016, and down 78.73% quarter-over-quarter from 14.6% in Q3 2016.
Copa Holdings (CPA) Tax Rate (2013 - 2016) Analysis & Trends
Copa Holdings has disclosed Tax Rate across 4 years of filings, most recently posting 3.1% for Q4 2016.
- Tax Rate for Q4 2016 came in at 3.1%, up 1125.0% year-over-year; the trailing twelve-month figure through Dec 2016 was 8.84% (up 3955.0% YoY), and the FY2025 annual result was 13.4%, down 44.0% from the prior year.
- Tax Rate came in at 3.1% for Q4 2016 at Copa Holdings, down from 14.6% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 40.33% in Q3 2015 to a low of 8.15% in Q4 2015.
- The 4-year median for Tax Rate is 9.81% (2015), against an average of 10.09%.
- Across the five-year window, Tax Rate soared 3242 bps in 2015 and tumbled 2573 bps in 2016, its largest moves.
- Copa Holdings' Tax Rate stood at 2.2% in 2013, then tumbled by 160 bps to 1.31% in 2014, then slumped by 523 bps to 8.15% in 2015, then surged by 138 bps to 3.1% in 2016.
- The last three Tax Rate figures came in at 3.1% (Q4 2016), 14.6% (Q3 2016), and 9.57% (Q2 2016), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -35.05 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 0.00 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 20.35 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 39.12 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.64 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -20.22 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 5.06 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 35.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2016 | 3.10% |
| Dec 31, 2016 | 3.10% |
| Sep 30, 2016 | 14.60% |
| Sep 30, 2016 | 14.60% |
| Jun 30, 2016 | 9.57% |
| Jun 30, 2016 | 9.57% |
| Mar 31, 2016 | 9.04% |
| Mar 31, 2016 | 9.04% |
| Dec 31, 2015 | -8.15% |
| Dec 31, 2015 | -8.15% |
| Sep 30, 2015 | 40.33% |
| Sep 30, 2015 | 40.33% |
| Jun 30, 2015 | 10.02% |
| Jun 30, 2015 | 10.02% |
| Mar 31, 2015 | 11.65% |
| Mar 31, 2015 | 11.65% |
| Dec 31, 2014 | -1.31% |
| Dec 31, 2014 | -1.31% |
| Sep 30, 2014 | 7.91% |
| Sep 30, 2014 | 7.91% |