Copa Holdings SA Financial Flexibility Index

Latest as of June 2026: 0.13x

Copa Holdings SA financial flexibility index. Copa Holdings SA (CPA) has a Financial Flexibility Index of 0.13x as of June 2026. Free cash flow of $565.84 Million (operating CF $258.19 Million minus capex $307.66 Million) represents 0% of total liabilities ($4.26 Billion). Explore Copa Holdings SA capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

$565.84 Million
Operating CF − Capex

Total Liabilities

$4.26 Billion
USD

Capital Expenditures

$307.66 Million
USD

Financial Flexibility Index of Copa Holdings SA (2001–2025)

Financial flexibility index of Copa Holdings SA from 2001 to 2025. Historical Financial Flexibility Index trend for Copa Holdings SA across 25 annual periods. Check how aggressively does Copa Holdings SA reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Copa Holdings SA Financial Flexibility Index by Year (2001–2025)

Copa Holdings SA financial flexibility index by year from 2001 to 2025. Year-by-year free cash flow to debt coverage for Copa Holdings SA. For the full cash flow conversion analysis, see CPA cash flow conversion.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.51x $1.94 Billion $1.12 Billion $3.81 Billion ▲ +3.8%
2024 0.49x $1.65 Billion $996.85 Million $3.37 Billion ▼ -19.5%
2023 0.61x $1.87 Billion $1.04 Billion $3.07 Billion ▲ +40.2%
2022 0.43x $1.39 Billion $758.54 Million $3.20 Billion ▲ +29.4%
2021 0.34x $991.02 Million $507.29 Million $2.95 Billion ▲ +4018.6%
2020 0.01x $20.97 Million $-39.52 Million $2.57 Billion ▼ -97.9%
2019 0.39x $946.27 Million $782.98 Million $2.41 Billion ▲ +24.6%
2018 0.31x $707.44 Million $341.53 Million $2.25 Billion ▼ -35.6%
2017 0.49x $1.05 Billion $727.33 Million $2.14 Billion ▲ +32.6%
2016 0.37x $736.89 Million $586.59 Million $2.00 Billion ▲ +55.2%
2015 0.24x $514.20 Million $329.93 Million $2.16 Billion ▼ -46.6%
2014 0.44x $887.92 Million $383.56 Million $2.00 Billion ▼ -18.2%
2013 0.54x $1.12 Billion $830.26 Million $2.05 Billion ▲ +16.3%
2012 0.47x $910.47 Million $538.03 Million $1.95 Billion ▼ -2.6%
2011 0.48x $804.62 Million $498.29 Million $1.68 Billion ▲ +7.6%
2010 0.45x $641.53 Million $292.80 Million $1.44 Billion ▲ +12.9%
2009 0.40x $485.11 Million $282.44 Million $1.23 Billion ▲ +26.2%
2008 0.31x $414.02 Million $198.10 Million $1.32 Billion ▼ -30.0%
2007 0.45x $525.95 Million $221.94 Million $1.18 Billion ▲ +2.2%
2006 0.44x $386.80 Million $193.47 Million $883.35 Million ▲ +61.1%
2005 0.27x $182.38 Million $119.09 Million $671.04 Million ▼ -12.7%
2004 0.31x $164.40 Million $98.63 Million $527.89 Million ▼ -34.6%
2003 0.48x $226.89 Million $73.48 Million $476.33 Million ▼ -17.0%
2002 0.57x $203.76 Million $55.54 Million $354.84 Million ▲ +341.5%
2001 0.13x $33.00 Million $33.00 Million $253.69 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities