Copa Holdings S.A. | Mid-cap | Industrials
$117.06
2.87%
| Copa Holdings S.A Stock Comparison:
Copa Holdings S.A vs United AirlinesCopa Holdings S.A vs Delta Air LinesCopa Holdings S.A vs American AirlinesCopa Holdings S.A vs Alaska AirCopa Holdings S.A vs SkyWestCopa Holdings S.A vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 842.6M
Gross Profit 291.8M 34.63%
Operating Income 176.6M 20.96%
Net Income 148.9M 17.67%
EPS (Diluted) $3.61

Balance Sheet Metrics

Total Assets 5.7B
Total Liabilities 3.3B
Shareholders Equity 2.5B
Debt to Equity 1.32

Cash Flow Metrics

Free Cash Flow 205.5M

Revenue & Profitability Trend

Copa Holdings S.A Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i3.4B3.5B3.0B1.5B801.0M
Cost of Goods Sold i2.2B2.2B2.1B1.1B846.4M
Gross Profit i1.2B1.3B897.5M419.6M-45.4M
Gross Margin % i35.6%36.9%30.3%27.8%-5.7%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i208.0M227.2M224.5M129.9M70.4M
Other Operating Expenses i266.6M240.5M222.7M143.2M102.0M
Total Operating Expenses i474.6M467.7M447.1M273.1M172.4M
Operating Income i753.0M807.2M450.4M146.5M-217.8M
Operating Margin % i21.8%23.4%15.2%9.7%-27.2%
Non-Operating Items
Interest Income i58.9M50.2M18.0M10.8M20.0M
Interest Expense i84.5M158.2M87.6M76.2M73.0M
Other Non-Operating Income-21.6M-88.1M7.4M-26.8M-359.9M
Pre-tax Income i705.8M611.1M388.2M54.3M-630.8M
Income Tax i97.7M97.0M40.2M10.5M-23.7M
Effective Tax Rate % i13.8%15.9%10.3%19.3%0.0%
Net Income i608.1M514.1M348.1M43.8M-607.1M
Net Margin % i17.6%14.9%11.7%2.9%-75.8%
Key Metrics
EBITDA i1.2B1.2B736.2M394.0M60.3M
EPS (Basic) i$14.56$12.78$8.58$0.94$-14.08
EPS (Diluted) i$14.56$12.78$8.58$0.94$-14.08
Basic Shares Outstanding i4179436840228000405816164253303642508448
Diluted Shares Outstanding i4179436840228000405816164253303642508448

Income Statement Trend

Copa Holdings S.A Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i613.3M206.4M122.4M211.1M119.1M
Short-term Investments i585.9M708.8M812.3M806.3M770.8M
Accounts Receivable i169.0M141.6M131.5M88.9M64.6M
Inventory i132.3M116.6M93.3M74.8M74.3M
Other Current Assets1.6M14.2M6.5M1.3M1.3M
Total Current Assets i1.6B1.3B1.2B1.2B1.2B
Non-Current Assets
Property, Plant & Equipment i62.9M58.6M55.1M53.6M56.6M
Goodwill i117.1M108.4M98.9M102.1M115.9M
Intangible Assets i76.4M67.6M58.2M61.4M75.2M
Long-term Investments-----
Other Non-Current Assets31.2M42.6M42.3M39.0M48.0M
Total Non-Current Assets i4.2B3.9B3.5B3.0B2.6B
Total Assets i5.7B5.2B4.7B4.2B3.9B
Liabilities
Current Liabilities
Accounts Payable i229.1M182.3M166.7M112.6M63.5M
Short-term Debt i314.0M290.7M222.6M270.5M211.6M
Current Portion of Long-term Debt-----
Other Current Liabilities1.3M1.4M1.2M786.0K252.0K
Total Current Liabilities i1.4B1.3B1.2B1.1B813.4M
Non-Current Liabilities
Long-term Debt i1.7B1.5B1.5B1.3B1.2B
Deferred Tax Liabilities i37.5M36.4M16.6M18.8M22.2M
Other Non-Current Liabilities3.4M5.6M8.4M13.8M216.3M
Total Non-Current Liabilities i2.0B1.8B2.0B1.9B1.8B
Total Liabilities i3.4B3.1B3.2B2.9B2.6B
Equity
Common Stock i30.7M30.7M28.8M28.8M28.7M
Retained Earnings i2.4B2.1B1.7B1.4B1.3B
Treasury Stock i291.4M204.1M344.5M176.9M136.4M
Other Equity-----
Total Shareholders Equity i2.4B2.1B1.5B1.3B1.3B
Key Metrics
Total Debt i2.0B1.7B1.7B1.6B1.4B
Working Capital i221.6M-10.5M42.3M185.7M406.0M

Balance Sheet Composition

Copa Holdings S.A Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i608.1M514.1M348.1M43.8M-607.1M
Depreciation & Amortization i330.7M306.1M267.7M239.9M259.3M
Stock-Based Compensation i5.5M4.4M5.2M7.1M5.3M
Working Capital Changes i41.5M-25.0M74.3M103.8M-29.2M
Operating Cash Flow i1.1B1.0B805.0M470.6M-342.3M
Investing Activities
Capital Expenditures i-452.9M-567.0M-519.4M-331.6M-13.4M
Acquisitions i-----
Investment Purchases i-569.8M-644.9M-763.8M-1.1B-904.6M
Investment Sales i709.7M698.6M749.6M1.0B840.6M
Investing Cash Flow i-313.0M-513.3M-533.7M-447.5M-77.3M
Financing Activities
Share Repurchases i-87.3M-105.9M-167.6M-40.5M0
Dividends Paid i-269.1M-134.2M00-34.0M
Debt Issuance i414.6M428.3M222.5M352.3M487.9M
Debt Repayment i-277.8M-582.3M-328.5M-223.2M-360.3M
Financing Cash Flow i-219.6M-394.0M-273.7M88.5M93.6M
Free Cash Flow i340.5M214.9M107.9M12.0M-55.2M
Net Change in Cash i576.5M97.3M-2.4M111.6M-326.0M

Cash Flow Trend

Copa Holdings S.A Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 7.40
Forward P/E 6.77
Price to Book 1.83
Price to Sales 1.35
PEG Ratio 0.29

Profitability Ratios

Profit Margin 18.34%
Operating Margin 20.96%
Return on Equity 26.59%
Return on Assets 8.43%

Financial Health

Current Ratio 1.04
Debt to Equity 80.13
Beta 1.38

Per Share Data

EPS (TTM) $15.37
Book Value per Share $62.02
Revenue per Share $83.76

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
cpa4.7B7.401.8326.59%18.34%80.13
United Airlines 33.1B10.252.4727.71%5.71%245.17
Delta Air Lines 32.1B8.722.0627.52%5.91%151.36
American Airlines 7.3B11.06-1.59-21.27%1.26%-8.12
Alaska Air 6.3B22.511.617.66%2.33%161.67
SkyWest 4.7B11.831.8216.95%10.62%99.77

Financial data is updated regularly. All figures are in the company's reporting currency.