Copa Holdings S.A (C2H) — Cash Flow Quality Index
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 how well can Copa Holdings S.A service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Copa Holdings S.A operating cash flow efficiency.
Annual Cash Flow Quality Index for Copa Holdings S.A (2013–2025)
Year-by-year earnings quality comparison for 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 | — |