NYSE · CPA
Copa Holdings financials
$133.05+1.51%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.62B | $3.45B | $3.46B | $2.97B | $0.00 | $801.0M | $2.71B | $2.68B | $2.52B | $2.22B |
| Gross profit | $2.69B | $2.50B | $2.46B | $1.91B | $0.00 | $634.3M | $2.01B | $1.91B | $1.95B | $1.69B |
| Gross margin | 74.2% | 72.5% | 71.2% | 64.5% | — | 79.2% | 74.3% | 71.4% | 77.3% | 76.2% |
| Operating income | $819.0M | $753.0M | $807.2M | $450.4M | $0.00 | -$460.9M | $346.2M | $159.6M | $438.4M | $265.0M |
| Net income | $671.6M | $608.1M | $514.1M | $348.1M | $0.00 | -$607.1M | $247.0M | $88.2M | $362.6M | $323.4M |
| Net margin | 18.6% | 17.6% | 14.9% | 11.7% | — | −75.8% | 9.1% | 3.3% | 14.4% | 14.6% |
| Diluted EPS | $16.28 | $14.55 | $12.78 | $7.88 | $0.00 | $-14.28 | $5.81 | $2.08 | $8.55 | $7.63 |
| EBITDA | $1.18B | $1.08B | $1.11B | $718.1M | $239.9M | $41.5M | $717.6M | $624.7M | $605.7M | $432.8M |
| Operating cash flow | $1.15B | $996.8M | $1.04B | $758.5M | $507.3M | $5.3M | $784.9M | $543.0M | $835.5M | $594.6M |
| Free cash flow | $83.3M | $370.7M | $244.6M | $231.7M | $94.4M | -$38.8M | $695.3M | $359.9M | $563.1M | $487.9M |
| Diluted shares | 41.3M | 41.8M | 40.2M | 47.4M | 42.6M | 42.5M | 42.5M | 42.5M | 42.4M | 42.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $382.6M | $613.3M | $206.4M | $122.4M | $211.1M | $119.1M |
| Short-term investments | $955.6M | $585.9M | $708.8M | $812.3M | $806.3M | $770.8M |
| Total debt | $1.98B | $1.67B | $1.46B | $1.44B | $1.43B | $1.16B |
| Total assets | $6.58B | $5.74B | $5.20B | $4.69B | $4.25B | $3.85B |
| Total liabilities | $3.81B | $3.37B | $3.07B | $3.20B | $2.95B | $2.57B |
| Shareholders' equity | $2.78B | $2.37B | $2.12B | $1.49B | $1.30B | $1.28B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology