Copa Holdings S.A (C2H) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Copa Holdings S.A (C2H) has a cash flow conversion efficiency ratio of 0.144x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€398.96 Million ≈ $466.43 Million USD) by net assets (€2.78 Billion ≈ $3.24 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Copa Holdings S.A to measure how much of total assets are equity-financed.
Copa Holdings S.A - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Copa Holdings S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Copa Holdings S.A cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Copa Holdings S.A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Copa Holdings S.A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Broadstone Net Lease Inc
NYSE:BNL
|
0.025x |
|
Goke Microelectronics Co Ltd
SHE:300672
|
-0.040x |
|
Krones AG
XETRA:KRN
|
0.036x |
|
FLSmidth & Co.
CO:FLS
|
0.000x |
|
G-bits Network Technology Xiamen Co Ltd
SHG:603444
|
0.134x |
|
MARFRIG GL.FOOD.ADR/2O.N.
F:MGP1
|
0.254x |
|
Monday.Com Ltd
NASDAQ:MNDY
|
0.138x |
|
Jiangsu Guoxin Corp Ltd
SHE:002608
|
0.035x |
Annual Cash Flow Conversion Efficiency for Copa Holdings S.A (2013–2025)
The table below shows the annual cash flow conversion efficiency of Copa Holdings S.A from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see C2H stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €2.78 Billion ≈ $3.24 Billion |
€1.15 Billion ≈ $1.34 Billion |
0.415x | -1.34% |
| 2024-12-31 | €2.37 Billion ≈ $2.77 Billion |
€996.85 Million ≈ $1.17 Billion |
0.420x | -8.99% |
| 2023-12-31 | €2.12 Billion ≈ $2.48 Billion |
€979.66 Million ≈ $1.15 Billion |
0.462x | -7.04% |
| 2022-12-31 | €1.49 Billion ≈ $1.74 Billion |
€740.95 Million ≈ $866.25 Million |
0.497x | +26.82% |
| 2021-12-31 | €1.30 Billion ≈ $1.51 Billion |
€507.29 Million ≈ $593.07 Million |
0.392x | +9487.25% |
| 2020-12-31 | €1.29 Billion ≈ $1.51 Billion |
€5.28 Million ≈ $6.17 Million |
0.004x | -98.99% |
| 2019-12-31 | €1.93 Billion ≈ $2.26 Billion |
€784.88 Million ≈ $917.61 Million |
0.406x | +37.50% |
| 2018-12-31 | €1.84 Billion ≈ $2.15 Billion |
€543.01 Million ≈ $634.84 Million |
0.295x | -25.45% |
| 2017-12-31 | €2.11 Billion ≈ $2.47 Billion |
€835.51 Million ≈ $976.79 Million |
0.396x | +22.60% |
| 2016-12-31 | €1.84 Billion ≈ $2.15 Billion |
€594.59 Million ≈ $695.14 Million |
0.323x | +61.69% |
| 2015-12-31 | €1.59 Billion ≈ $1.86 Billion |
€316.86 Million ≈ $370.45 Million |
0.200x | +7.62% |
| 2014-12-31 | €2.08 Billion ≈ $2.43 Billion |
€384.89 Million ≈ $449.98 Million |
0.185x | -57.51% |
| 2013-12-31 | €1.90 Billion ≈ $2.22 Billion |
€830.26 Million ≈ $970.67 Million |
0.437x | -- |
About Copa Holdings S.A
Copa Holdings, S.A., through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean. As of December 31, 2025, it operated through a fleet of 125 aircraft. The company was founded in 1947 and is based in Panama City, Panama.