Copa Holdings S.A (C2H) — Capital Reinvestment Ratio
Latest as of December 2025:
0.70x
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 free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.70x
Capex / Operating Cash Flow
Operating Cash Flow
€398.96 Million
EUR
Capital Expenditures
€279.33 Million
EUR
Data as of
Dec 2025
Most recent filing
Copa Holdings S.A Capital Reinvestment Ratio (2013–2025)
This chart tracks Copa Holdings S.A's Capital Reinvestment Ratio across 13 annual periods.
Annual Capital Reinvestment Ratio for Copa Holdings S.A (2013–2025)
Year-by-year Capital Reinvestment Ratio for Copa Holdings S.A from 2013 to 2025. For live market cap and broader valuation context, see market cap of Copa Holdings S.A.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow