Copa Holdings SA (CPA) — Capital Reinvestment Ratio

Latest as of December 2025: 0.05x

Copa Holdings SA (CPA) has a Capital Reinvestment Ratio of 0.05x as of December 2025, meaning it reinvests 0% of its operating cash flow ($372.30 Million) in capital expenditures ($19.81 Million). See Copa Holdings SA net asset quality index to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

0.05x
Capex / Operating Cash Flow

Operating Cash Flow

$372.30 Million
USD

Capital Expenditures

$19.81 Million
USD

Data as of

Dec 2025
Most recent filing

Copa Holdings SA Capital Reinvestment Ratio (2002–2025)

This chart tracks Copa Holdings SA's Capital Reinvestment Ratio across 23 annual periods. Check CPA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Copa Holdings SA (2002–2025)

Year-by-year Capital Reinvestment Ratio for Copa Holdings SA from 2002 to 2025. For live market cap and broader valuation context, see how much is Copa Holdings SA worth.

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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow