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 free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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.
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 Copa Holdings SA market capitalisation.
| 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