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
DateValue
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%