Copa Holdings SA (CPA) — Cash Flow Quality Index
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 cash flow conversion of Copa Holdings SA to assess how effectively this company generates cash.
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. Check CPA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 market value of 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 | — |