Copa Holdings SA (CPA) — Cash Flow Quality Index

Latest as of December 2025: 2.16x

Copa Holdings SA (CPA) has a Cash Flow Quality Index of 2.16x as of December 2025. Operating cash flow of $372.30 Million exceeds net income of $172.62 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Copa Holdings SA to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.16x
Operating CF / Net Income

Operating Cash Flow

$372.30 Million
USD

Net Income

$172.62 Million
USD

Data as of

Dec 2025
Most recent filing

Copa Holdings SA Cash Flow Quality Index (2001–2025)

Historical Cash Flow Quality Index for Copa Holdings SA across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Copa Holdings SA's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Copa Holdings SA (2001–2025)

Year-by-year earnings quality comparison for Copa Holdings SA. For live market cap and the full company financial profile, see CPA market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.67x $1.12 Billion $671.65 Million ▲ +2.1%
2024 1.64x $996.85 Million $608.11 Million ▼ -19.3%
2023 2.03x $1.04 Billion $514.10 Million ▼ -6.8%
2022 2.18x $758.54 Million $348.05 Million ▼ -81.2%
2021 11.57x $507.29 Million $43.84 Million ▲ +265.0%
2019 3.17x $782.98 Million $247.00 Million ▼ -18.2%
2018 3.88x $341.53 Million $88.09 Million ▲ +97.2%
2017 1.97x $727.33 Million $370.02 Million ▲ +12.1%
2016 1.75x $586.59 Million $334.54 Million ▲ +65.3%
2014 1.06x $383.56 Million $361.67 Million ▼ -45.4%
2013 1.94x $830.26 Million $427.47 Million ▲ +17.9%
2012 1.65x $538.03 Million $326.48 Million ▲ +2.7%
2011 1.61x $498.29 Million $310.43 Million ▲ +32.2%
2010 1.21x $292.80 Million $241.06 Million ▲ +3.4%
2009 1.18x $282.44 Million $240.36 Million ▼ -29.6%
2008 1.67x $198.10 Million $118.66 Million ▲ +21.7%
2007 1.37x $221.94 Million $161.82 Million ▼ -5.1%
2006 1.45x $193.47 Million $133.84 Million ▲ +0.7%
2005 1.43x $119.09 Million $83.00 Million ▼ -0.2%
2004 1.44x $98.63 Million $68.57 Million ▼ -5.1%
2003 1.52x $73.48 Million $48.49 Million ▼ -43.6%
2002 2.69x $55.54 Million $20.67 Million ▲ +20.7%
2001 2.23x $33.00 Million $14.82 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.