Copa Holdings S.A Capital Reinvestment Ratio
Copa Holdings S.A capital reinvestment ratio. Copa Holdings S.A (C2H) has a Capital Reinvestment Ratio of 0.70x as of December 2025, meaning it reinvests 1% of its operating cash flow (€398.96 Million) in capital expenditures (€279.33 Million). See Copa Holdings S.A (C2H) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Copa Holdings S.A (2013–2025)
Capital reinvestment ratio of Copa Holdings S.A from 2013 to 2025. This chart tracks Copa Holdings S.A's Capital Reinvestment Ratio across 13 annual periods. See financial agility of Copa Holdings S.A to measure the company's free cash flow as a share of total liabilities.
Copa Holdings S.A Capital Reinvestment Ratio by Year (2013–2025)
Copa Holdings S.A capital reinvestment ratio by year from 2013 to 2025. For the full cash flow conversion analysis, see C2H cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.95x | €1.15 Billion | €1.10 Billion | ▲ +45.0% |
| 2024 | 0.66x | €996.85 Million | €656.34 Million | ▼ -22.3% |
| 2023 | 0.85x | €979.66 Million | €829.87 Million | ▼ -3.5% |
| 2022 | 0.88x | €740.95 Million | €650.69 Million | ▼ -7.9% |
| 2021 | 0.95x | €507.29 Million | €483.73 Million | ▼ -88.6% |
| 2020 | 8.35x | €5.28 Million | €44.06 Million | ▲ +4655.4% |
| 2019 | 0.18x | €784.88 Million | €137.82 Million | ▼ -71.6% |
| 2018 | 0.62x | €543.01 Million | €335.73 Million | ▲ +71.5% |
| 2017 | 0.36x | €835.51 Million | €301.26 Million | ▲ +108.5% |
| 2016 | 0.17x | €594.59 Million | €102.82 Million | ▼ -66.8% |
| 2015 | 0.52x | €316.86 Million | €164.85 Million | ▼ -35.5% |
| 2014 | 0.81x | €384.89 Million | €310.39 Million | ▲ +134.8% |
| 2013 | 0.34x | €830.26 Million | €285.20 Million | — |