Copa Holdings S.A (C2H) — Cash Flow Quality Index

Latest as of December 2025: 2.31x

Copa Holdings S.A (C2H) has a Cash Flow Quality Index of 2.31x as of December 2025. Operating cash flow of €398.96 Million exceeds net income of €172.62 Million, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of Copa Holdings S.A to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.31x
Operating CF / Net Income

Operating Cash Flow

€398.96 Million
EUR

Net Income

€172.62 Million
EUR

Data as of

Dec 2025
Most recent filing

Copa Holdings S.A Cash Flow Quality Index (2013–2025)

Historical Cash Flow Quality Index for Copa Holdings S.A across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check C2H goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Copa Holdings S.A (2013–2025)

Year-by-year earnings quality comparison for Copa Holdings S.A. For live market cap and the full company financial profile, see market cap of Copa Holdings S.A.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 1.71x €1.15 Billion €671.65 Million ▲ +4.6%
2024 1.64x €996.85 Million €608.53 Million ▼ -13.4%
2023 1.89x €979.66 Million €518.18 Million ▼ -11.2%
2022 2.13x €740.95 Million €348.05 Million ▼ -83.2%
2021 12.70x €507.29 Million €39.95 Million ▲ +299.7%
2019 3.18x €784.88 Million €247.00 Million ▼ -48.4%
2018 6.16x €543.01 Million €88.20 Million ▲ +167.2%
2017 2.30x €835.51 Million €362.60 Million ▲ +29.6%
2016 1.78x €594.59 Million €334.54 Million ▲ +67.0%
2014 1.06x €384.89 Million €361.67 Million ▼ -45.2%
2013 1.94x €830.26 Million €427.47 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.