CPA - NYSE

Copa Holdings, S.A.

CPA·NYSE

$135.84

+0.11%

IndustrialsAirlines, Airports & Air Services

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 204 daily scheduled flights to 69 destinations in 29 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2021, it operated a fleet of 91 aircraft comprising 77 Boeing 737-Next Generation aircraft and 14 Boeing 737 MAX 9 aircraft. Copa Holdings, S.A. was founded in 1947 and is based in Panama City, Panama.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$5.60B

EPS16.2800

P/E Ratio8.34

Earnings Date08/05/2026

3.62B

Revenue

3Y+22.0%

5Y+352.0%

10Y+63.0%

671.65M

Net Income

10%

3Y+93.0%

5Y-211.0%

10Y+108.0%

1.12B

Operating Cash Flow

13%

3Y+48.0%

5Y+21196.0%

10Y+92.0%

Copa Holdings, S.A. Profit Bridge

CPA · NYSE

Revenue & Cost of Sales

Revenue3.62B

Cost of Goods Sold (2.33B)

Gross Profit1.29B

Operating Expenses

Operating Expenses (467.48M)

Operating Income818.96M

Other Income & Taxes

Interest Expense (98.39M)

Other Income/Expense-43.35M

Pretax Income775.61M

Income Tax (103.96M)

Net Income671.65M

Net Income

671.65M

Profitability Analysis

Gross Margin

35.6%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

22.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.6%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

13.4%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Copa Holdings, S.A. Income Statement

CPA • NYSE

Copa Holdings, S.A. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	3.6B	3.4B	3.5B	3B	1.5B	801M	2.7B	2.7B	2.5B	2.2B	2.3B	2.7B	2.6B	2.2B	1.8B	1.4B	1.3B	1.3B	1B	851.2M
GROSS PROFIT
Cost of Revenue	(2.3B)	(2.2B)	(2.2B)	(2.1B)	(1.1B)	(846.4M)	(1.8B)	(1.9B)	(1.7B)	(1.4B)	(1.5B)	(1.7B)	(1.6B)	(1.4B)	(1.1B)	(832.5M)	(567M)	(526.9M)	(360.9M)	(534.9M)
Gross Profit	1.3B	1.2B	1.3B	897.5M	419.6M	-45.4M	867M	790.5M	854.7M	778.1M	775.7M	1B	1B	831.5M	721.6M	582.3M	689.1M	761.9M	666.3M	316.3M
OPERATING INCOME
Operating Expenses	(467.5M)	(474.6M)	(467.7M)	(447.1M)	(267.6M)	(415.5M)	(520.9M)	(631M)	(416.3M)	(513.1M)	(523.1M)	(525M)	(500.2M)	(428.9M)	(336.6M)	(292.7M)	(367.4M)	(451.9M)	(384.2M)	(150.2M)
Selling, General & Administrative	(208.3M)	(208M)	(227.2M)	(224.5M)	(129.9M)	(70.4M)	(210.6M)	(210.2M)	(200.3M)	(286.1M)	(294.4M)	(99.1M)	(103.7M)	(89.4M)	(51.3M)	(46.3M)	(316.5M)	(350.5M)	(301.8M)	(100.3M)
Operating Income	819M	753M	807.2M	450.4M	152M	-460.9M	346.2M	159.6M	438.4M	265M	252.6M	521.1M	517.6M	402.5M	385M	289.6M	321.7M	310M	282.1M	166.1M
PRE-TAX INCOME
Interest Expense	(98.4M)	(84.5M)	(158.2M)	(87.6M)	(76.2M)	(73M)	(57.4M)	(50.8M)	(51.1M)	(37M)	(33.2M)	(29.5M)	(30.2M)	(32.8M)	(32.7M)	(30M)	(32.2M)	(40.2M)	(41.8M)	(0.0)
Net Interest Income	-35.8M	-25.6M	-108M	-69.6M	-65.4M	-53.1M	-33M	-27.2M	-33.2M	-24M	-7.2M	-11.5M	-17.5M	-21.1M	-25.9M	-25.2M	-23.1M	-29M	-29.6M	0.0
Other Expenses	(259.2M)	(266.6M)	(240.5M)	(222.7M)	(137.8M)	(345.1M)	(310.2M)	(420.8M)	(216.1M)	(227.1M)	(228.6M)	(425.9M)	(396.5M)	(339.6M)	(285.3M)	(246.3M)	(50.9M)	(101.4M)	(82.4M)	(49.9M)
Total Other Income Expenses Net	-43.4M	-47.2M	-196.1M	-62.2M	-97.6M	-169.8M	-52.7M	-36.8M	-26.5M	96.7M	-460.5M	-122.8M	-29M	-36.2M	-39M	-29.6M	-45.7M	-173.9M	-103.2M	-20M
Income Before Tax	775.6M	705.8M	611.1M	388.2M	54.3M	-630.8M	293.4M	122.7M	411.9M	361.7M	-207.9M	398.3M	488.6M	366.3M	346M	260M	276M	136.1M	178.9M	146.1M
NET INCOME
Income Tax Expense	(104M)	(97.7M)	(97M)	(40.2M)	(10.5M)	-23.7M	(46.4M)	(34.5M)	(49.3M)	(38.3M)	(32.8M)	(36.6M)	(61.1M)	(39.9M)	(35.6M)	(19M)	(26.9M)	(17.5M)	(17.1M)	(12.3M)
Net Income	671.6M	608.1M	514.1M	348.1M	43.8M	-607.1M	247M	88.2M	362.6M	323.4M	-240.6M	361.7M	427.5M	326.5M	310.4M	241.1M	249.1M	118.7M	161.8M	133.8M

SEC Filings

CPA - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2025 Q4 Q4	May 18, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2026 Q1 Q1	May 14, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 13, 2026	April 30, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	April 14, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	April 13, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 24, 2026	March 24, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 16, 2026	February 28, 2026	2026	View Filing
6-K 6-K 2025 Q4 Q4	February 27, 2026	December 31, 2025	2025	View Filing
20-F 20-F 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	February 13, 2026	December 31, 2025	2025	View Filing

Showing 1 to 10 of 641 filings

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