Copa Holdings SA (CPA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Copa Holdings SA (CPA) has a cash flow conversion efficiency ratio of 0.134x 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 ($372.30 Million) by net assets ($2.78 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CPA net asset quality index to measure how much of total assets are equity-financed.
Copa Holdings SA - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Copa Holdings SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Copa Holdings SA (CPA) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Copa Holdings SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Copa Holdings SA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MGM China Holdings Limited
F:M04
|
0.568x |
|
AAC Technologies Holdings Inc
F:A2XN
|
0.043x |
|
International Bancshares Corporation
NASDAQ:IBOC
|
0.037x |
|
California Resources Corp
NYSE:CRC
|
0.037x |
|
Poonawalla Fincorp Limited
NSE:POONAWALLA
|
0.085x |
|
Fortune Brands Innovations Inc.
NYSE:FBIN
|
-0.051x |
|
FPT Corp
VN:FPT
|
-0.071x |
|
Amicus Therapeutics Inc
NASDAQ:FOLD
|
0.059x |
Annual Cash Flow Conversion Efficiency for Copa Holdings SA (2001–2025)
The table below shows the annual cash flow conversion efficiency of Copa Holdings SA from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see CPA company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.78 Billion | $1.12 Billion | 0.405x | -3.61% |
| 2024-12-31 | $2.37 Billion | $996.85 Million | 0.420x | -14.68% |
| 2023-12-31 | $2.12 Billion | $1.04 Billion | 0.492x | -3.16% |
| 2022-12-31 | $1.49 Billion | $758.54 Million | 0.508x | +30.22% |
| 2021-12-31 | $1.30 Billion | $507.29 Million | 0.390x | +1368.13% |
| 2020-12-31 | $1.28 Billion | $-39.52 Million | -0.031x | -107.61% |
| 2019-12-31 | $1.93 Billion | $782.98 Million | 0.405x | +118.09% |
| 2018-12-31 | $1.84 Billion | $341.53 Million | 0.186x | -46.13% |
| 2017-12-31 | $2.11 Billion | $727.33 Million | 0.344x | +8.49% |
| 2016-12-31 | $1.85 Billion | $586.59 Million | 0.317x | +92.67% |
| 2015-12-31 | $2.00 Billion | $329.93 Million | 0.165x | -10.83% |
| 2014-12-31 | $2.08 Billion | $383.56 Million | 0.185x | -57.67% |
| 2013-12-31 | $1.90 Billion | $830.26 Million | 0.437x | +24.68% |
| 2012-12-31 | $1.54 Billion | $538.03 Million | 0.350x | -2.27% |
| 2011-12-31 | $1.39 Billion | $498.29 Million | 0.358x | +26.98% |
| 2010-12-31 | $1.04 Billion | $292.80 Million | 0.282x | -13.52% |
| 2009-12-31 | $865.63 Million | $282.44 Million | 0.326x | +4.16% |
| 2008-12-31 | $632.43 Million | $198.10 Million | 0.313x | -24.97% |
| 2007-12-31 | $531.64 Million | $221.94 Million | 0.417x | -19.80% |
| 2006-12-31 | $371.67 Million | $193.47 Million | 0.521x | +7.47% |
| 2005-12-31 | $245.87 Million | $119.09 Million | 0.484x | -14.48% |
| 2004-12-31 | $174.16 Million | $98.63 Million | 0.566x | -10.91% |
| 2003-12-31 | $115.58 Million | $73.48 Million | 0.636x | -23.21% |
| 2002-12-31 | $67.09 Million | $55.54 Million | 0.828x | +16.47% |
| 2001-12-31 | $46.43 Million | $33.00 Million | 0.711x | -- |
About Copa Holdings SA
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.