Copa Holdings SA Capital Reinvestment Ratio
Copa Holdings SA capital reinvestment ratio. Copa Holdings SA (CPA) has a Capital Reinvestment Ratio of 1.19x as of June 2026, meaning it reinvests 1% of its operating cash flow ($258.19 Million) in capital expenditures ($307.66 Million). See Copa Holdings SA free cash flow generation 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 SA (2002–2025)
Capital reinvestment ratio of Copa Holdings SA from 2002 to 2025. This chart tracks Copa Holdings SA's Capital Reinvestment Ratio across 23 annual periods. See how financially flexible is Copa Holdings SA to measure the company's free cash flow as a share of total liabilities.
Copa Holdings SA Capital Reinvestment Ratio by Year (2002–2025)
Copa Holdings SA capital reinvestment ratio by year from 2002 to 2025. For the full cash flow conversion analysis, see cash flow conversion of Copa Holdings SA.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.73x | $1.12 Billion | $815.73 Million | ▲ +10.2% |
| 2024 | 0.66x | $996.85 Million | $656.34 Million | ▼ -17.1% |
| 2023 | 0.79x | $1.04 Billion | $829.87 Million | ▼ -4.7% |
| 2022 | 0.83x | $758.54 Million | $632.23 Million | ▼ -12.6% |
| 2021 | 0.95x | $507.29 Million | $483.73 Million | ▲ +357.2% |
| 2019 | 0.21x | $782.98 Million | $163.29 Million | ▼ -80.5% |
| 2018 | 1.07x | $341.53 Million | $365.91 Million | ▲ +143.6% |
| 2017 | 0.44x | $727.33 Million | $319.94 Million | ▲ +71.7% |
| 2016 | 0.26x | $586.59 Million | $150.30 Million | ▼ -54.1% |
| 2015 | 0.56x | $329.93 Million | $184.27 Million | ▼ -57.5% |
| 2014 | 1.31x | $383.56 Million | $504.36 Million | ▲ +282.8% |
| 2013 | 0.34x | $830.26 Million | $285.20 Million | ▼ -50.4% |
| 2012 | 0.69x | $538.03 Million | $372.44 Million | ▲ +12.6% |
| 2011 | 0.61x | $498.29 Million | $306.33 Million | ▼ -48.4% |
| 2010 | 1.19x | $292.80 Million | $348.73 Million | ▲ +66.0% |
| 2009 | 0.72x | $282.44 Million | $202.67 Million | ▼ -34.2% |
| 2008 | 1.09x | $198.10 Million | $215.91 Million | ▼ -20.4% |
| 2007 | 1.37x | $221.94 Million | $304.01 Million | ▲ +37.1% |
| 2006 | 1.00x | $193.47 Million | $193.33 Million | ▲ +88.0% |
| 2005 | 0.53x | $119.09 Million | $63.30 Million | ▼ -20.3% |
| 2004 | 0.67x | $98.63 Million | $65.76 Million | ▼ -68.1% |
| 2003 | 2.09x | $73.48 Million | $153.41 Million | ▼ -21.8% |
| 2002 | 2.67x | $55.54 Million | $148.22 Million | — |