Copa Holdings S.A (CPA) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.4B
Gross Profit
1.2B
35.62%
Operating Income
753.0M
21.85%
Net Income
608.1M
17.65%
EPS (Diluted)
$14.55
Balance Sheet Metrics
Total Assets
5.7B
Total Liabilities
3.4B
Shareholders Equity
2.4B
Debt to Equity
1.42
Cash Flow Metrics
Operating Cash Flow
1.1B
Free Cash Flow
340.5M
Revenue & Profitability Trend
Copa Holdings S.A Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3.4B | 3.5B | 3.0B | 1.5B | 801.0M |
| Cost of Goods Sold | 2.2B | 2.2B | 2.1B | 1.1B | 846.4M |
| Gross Profit | 1.2B | 1.3B | 897.5M | 419.6M | -45.4M |
| Operating Expenses | 474.6M | 467.7M | 447.1M | 273.1M | 172.4M |
| Operating Income | 753.0M | 807.2M | 450.4M | 146.5M | -217.8M |
| Pre-tax Income | 705.8M | 611.1M | 388.2M | 54.3M | -630.8M |
| Income Tax | 97.7M | 97.0M | 40.2M | 10.5M | -23.7M |
| Net Income | 608.1M | 514.1M | 348.1M | 43.8M | -607.1M |
| EPS (Diluted) | $14.55 | $12.78 | $8.58 | $0.94 | -$14.08 |
Income Statement Trend
Copa Holdings S.A Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.6B | 1.3B | 1.2B | 1.2B | 1.2B |
| Non-Current Assets | 4.2B | 3.9B | 3.5B | 3.0B | 2.6B |
| Total Assets | 5.7B | 5.2B | 4.7B | 4.2B | 3.9B |
| Liabilities | |||||
| Current Liabilities | 1.4B | 1.3B | 1.2B | 1.1B | 813.4M |
| Non-Current Liabilities | 2.0B | 1.8B | 2.0B | 1.9B | 1.8B |
| Total Liabilities | 3.4B | 3.1B | 3.2B | 2.9B | 2.6B |
| Equity | |||||
| Total Shareholders Equity | 2.4B | 2.1B | 1.5B | 1.3B | 1.3B |
Balance Sheet Composition
Copa Holdings S.A Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 608.1M | 514.1M | 348.1M | 43.8M | -607.1M |
| Operating Cash Flow | 1.1B | 1.0B | 805.0M | 470.6M | -342.3M |
| Investing Activities | |||||
| Capital Expenditures | -452.9M | -567.0M | -519.4M | -331.6M | -13.4M |
| Investing Cash Flow | -313.0M | -513.3M | -533.7M | -447.5M | -77.3M |
| Financing Activities | |||||
| Dividends Paid | -269.1M | -134.2M | 0 | 0 | -34.0M |
| Financing Cash Flow | -219.6M | -394.0M | -273.7M | 88.5M | 93.6M |
| Free Cash Flow | 340.5M | 214.9M | 107.9M | 12.0M | -55.2M |
Cash Flow Trend
Copa Holdings S.A Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
7.01
Forward P/E
6.11
Price to Book
1.71
Price to Sales
1.22
PEG Ratio
6.11
Profitability Ratios
Profit Margin
17.64%
Operating Margin
27.31%
Return on Equity
26.06%
Return on Assets
8.94%
Financial Health
Current Ratio
0.98
Debt to Equity
78.15
Beta
1.31
Per Share Data
EPS (TTM)
$14.64
Book Value per Share
$60.06
Revenue per Share
$82.97
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| cpa | 4.2B | 7.01 | 1.71 | 26.06% | 17.64% | 78.15 |
| Delta Air Lines | 32.1B | 8.72 | 2.06 | 27.52% | 5.91% | 151.36 |
| United Airlines | 25.8B | 7.19 | 2.05 | 33.57% | 6.34% | 260.98 |
| American Airlines | 7.3B | 11.06 | -1.59 | -21.27% | 1.26% | -8.12 |
| Alaska Air | 5.8B | 17.17 | 1.42 | 8.90% | 2.86% | 151.70 |
| SkyWest | 4.0B | 11.19 | 1.60 | 15.66% | 9.89% | 106.83 |
Financial data is updated regularly. All figures are in the company's reporting currency.