Copa Holdings S.A (C2H) — Financial Flexibility Index

Latest as of December 2025: 0.18x

Copa Holdings S.A (C2H) has a Financial Flexibility Index of 0.18x as of December 2025. Free cash flow of €678.29 Million (operating CF €398.96 Million minus capex €279.33 Million) represents 0% of total liabilities (€3.81 Billion). Also explore C2H net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.18x
Free Cash Flow / Total Liabilities

Free Cash Flow

€678.29 Million
Operating CF − Capex

Total Liabilities

€3.81 Billion
EUR

Capital Expenditures

€279.33 Million
EUR

Copa Holdings S.A Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Copa Holdings S.A across 13 annual periods. Check C2H strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Copa Holdings S.A (2013–2025)

Year-by-year free cash flow to debt coverage for Copa Holdings S.A. For the full company profile including market capitalisation, see how much is Copa Holdings S.A worth.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.59x €2.25 Billion €1.15 Billion €3.81 Billion ▲ +20.4%
2024 0.49x €1.65 Billion €996.85 Million €3.37 Billion ▼ -16.6%
2023 0.59x €1.81 Billion €979.66 Million €3.07 Billion ▲ +35.3%
2022 0.44x €1.39 Billion €740.95 Million €3.20 Billion ▲ +29.7%
2021 0.34x €991.02 Million €507.29 Million €2.95 Billion ▲ +1642.1%
2020 0.02x €49.34 Million €5.28 Million €2.56 Billion ▼ -94.9%
2019 0.38x €922.71 Million €784.88 Million €2.42 Billion ▼ -2.6%
2018 0.39x €878.74 Million €543.01 Million €2.25 Billion ▼ -26.3%
2017 0.53x €1.14 Billion €835.51 Million €2.14 Billion ▲ +52.5%
2016 0.35x €697.41 Million €594.59 Million €2.00 Billion ▲ +53.8%
2015 0.23x €481.71 Million €316.86 Million €2.13 Billion ▼ -34.7%
2014 0.35x €695.28 Million €384.89 Million €2.00 Billion ▼ -36.2%
2013 0.54x €1.12 Billion €830.26 Million €2.05 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities