Copa Holdings S.A Cash Flow Reinvestment Rate

Latest as of December 2025: 1.01x

Copa Holdings S.A cash flow reinvestment rate. Copa Holdings S.A (C2H) has a Cash Flow Reinvestment Rate of 1.01x as of December 2025, reinvesting €401.81 Million (capex €279.33 Million plus investments €-122.48 Million) from operating cash flow of €398.96 Million. See Copa Holdings S.A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Reinvestment Rate

1.01x
(Capex + Investments) / Operating CF

Total Reinvested

€401.81 Million
Capex + Investments

Operating Cash Flow

€398.96 Million
EUR

Capital Expenditures

€279.33 Million
EUR

Cash Flow Reinvestment Rate of Copa Holdings S.A (2013–2025)

Cash flow reinvestment rate of Copa Holdings S.A from 2013 to 2025. Historical reinvestment intensity for Copa Holdings S.A across 13 annual periods. Explore C2H operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Copa Holdings S.A Cash Flow Reinvestment Rate by Year (2013–2025)

Copa Holdings S.A cash flow reinvestment rate by year from 2013 to 2025. Year-by-year capital reinvestment analysis for Copa Holdings S.A. For the full cash flow conversion analysis, see Copa Holdings S.A operating cash flow efficiency.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 1.27x €1.46 Billion €1.15 Billion €1.10 Billion ▲ +59.3%
2024 0.80x €796.28 Million €996.85 Million €656.34 Million ▼ -38.3%
2023 1.30x €1.27 Billion €979.66 Million €829.87 Million ▼ -20.5%
2022 1.63x €1.21 Billion €740.95 Million €650.69 Million ▲ +37.8%
2021 1.18x €599.68 Million €507.29 Million €483.73 Million ▼ -94.2%
2020 20.47x €108.01 Million €5.28 Million €44.06 Million ▲ +6096.2%
2019 0.33x €259.27 Million €784.88 Million €137.82 Million ▼ -55.1%
2018 0.74x €399.39 Million €543.01 Million €335.73 Million ▲ +4.4%
2017 0.70x €588.37 Million €835.51 Million €301.26 Million ▲ +48.1%
2016 0.48x €282.73 Million €594.59 Million €102.82 Million ▼ -30.6%
2015 0.68x €216.96 Million €316.86 Million €164.85 Million ▼ -41.6%
2014 1.17x €451.02 Million €384.89 Million €310.39 Million ▲ +44.8%
2013 0.81x €671.77 Million €830.26 Million €285.20 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow