Copa/$CPA
1D1W1MYTD1Y5YMAX
Capital at risk
About Copa
Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama, and domestic and international air transportation for passengers, cargo, and mail with a point-to-point route network through Copa Colombia, a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.
- Ticker
- $CPA
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- 8,565
- Headquarters
- Panama City, Panama
- Website
- copa.gcs-web.com
Copa Metrics
BasicAdvanced
$5.1B
8.26
$15.23
0.99
$6.74
5.44%
Price and volume
Market cap
$5.1B
Beta
0.99
52-week high
$160.47
52-week low
$107.44
Average daily volume
269K
Dividend rate
$6.74
Financial strength
Current ratio
1.064
Quick ratio
0.896
Long term debt to equity
0.799
Total debt to equity
0.893
Dividend payout ratio (TTM)
43.64%
Interest coverage (TTM)
8.69%
Profitability
EBITDA (TTM)
1,104.985
Gross margin (TTM)
37.66%
Net profit margin (TTM)
15.71%
Operating margin (TTM)
19.36%
Effective tax rate (TTM)
12.85%
Revenue per employee (TTM)
$470,000
Management effectiveness
Return on assets (TTM)
7.35%
Return on equity (TTM)
23.07%
Valuation
Price to earnings (TTM)
8.258
Price to revenue (TTM)
1.298
Price to book
1.79
Price to tangible book (TTM)
1.86
Price to free cash flow (TTM)
25.461
Free cash flow yield (TTM)
3.93%
Free cash flow per share (TTM)
4.939
Dividend yield (TTM)
5.36%
Forward dividend yield
5.44%
Growth
Revenue change (TTM)
14.75%
Earnings per share change (TTM)
-0.88%
3-year revenue growth (CAGR)
5.70%
10-year revenue growth (CAGR)
6.47%
3-year earnings per share growth (CAGR)
24.31%
10-year earnings per share growth (CAGR)
10.88%
10-year dividend per share growth (CAGR)
9.42%
What the Analysts think about Copa
Analyst ratings (Buy, Hold, Sell) for Copa stock.
Analyst projections of the future price of Copa stock.
Bulls say / Bears say
Copa is showing strong demand and pricing power while expanding. Second-quarter revenue rose 25.7% and RASM rose 7.9%, August traffic grew 16.8% with an 88.3% load factor, and management raised its 2026 operating-margin guidance to 17%–19%. (ADVFN, StockTitan)
The Panama hub and incoming aircraft give Copa room to grow efficiently. Four Boeing 737 MAX 8s arrived in the second quarter, while the planned shift from six to eight connecting banks in March 2027 should improve connectivity and aircraft utilisation. (FlightGlobal, ADVFN)
Copa retains financial resilience despite the difficult fuel backdrop. It ended the second quarter with roughly US$1.5 billion of cash and investments, net debt-to-EBITDA of 0.9 times, and a US$1.71 quarterly dividend, while ex-fuel unit costs held at 5.7 cents. (StockTitan)
Higher fuel prices have already shown how quickly Copa's earnings can fall. The average fuel price rose 84.8% year on year to US$4.28 per gallon, fuel expense more than doubled, and second-quarter net profit fell 53.9% even though revenue grew strongly. (StockTitan, Yahoo Finance)
Capacity is growing slightly faster than traffic, which risks weaker fares and seat utilisation if demand softens. In the second quarter, available seat miles rose 16.5% versus a 15.7% increase in revenue passenger miles, pushing the load factor down to 86.7%; earnings also missed consensus. (Yahoo Finance, TradingKey)
Copa's growth plan is capital intensive and depends on a constrained hub executing well. Planned 2026 capital expenditure is US$700 million–US$750 million, while recent reporting says airport and runway limits are helping drive the move to eight connecting banks, increasing execution risk as the fleet expands. (Aviacionline, TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Copa Financial Performance
Revenues and expenses
Copa Earnings Performance
Company profitability
Upcoming events
No upcoming events
Copa News
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