Copa Holdings SA (CPA) — Cash Flow Quality Index
Copa Holdings SA (CPA) has a Cash Flow Quality Index of 1.69x as of March 2026. Operating cash flow of $359.71 Million exceeds net income of $212.47 Million, indicating high earnings quality where cash backs reported profits. Explore Copa Holdings SA (CPA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see Copa Holdings SA cash flow conversion.
Annual Cash Flow Quality Index for Copa Holdings SA (2001–2025)
Year-by-year earnings quality comparison for Copa Holdings SA.
| 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 | — |