Copa Holdings SA (CPA) — Financial Flexibility Index

Latest as of December 2025: 0.10x

Copa Holdings SA (CPA) has a Financial Flexibility Index of 0.10x as of December 2025. Free cash flow of $392.11 Million (operating CF $372.30 Million minus capex $19.81 Million) represents 0% of total liabilities ($3.81 Billion). Also explore net asset growth rate of Copa Holdings SA to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

$392.11 Million
Operating CF − Capex

Total Liabilities

$3.81 Billion
USD

Capital Expenditures

$19.81 Million
USD

Copa Holdings SA Financial Flexibility Index (2001–2025)

Historical Financial Flexibility Index trend for Copa Holdings SA across 25 annual periods. Check Copa Holdings SA (CPA) strategic asset index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Copa Holdings SA (2001–2025)

Year-by-year free cash flow to debt coverage for Copa Holdings SA. For the full company profile including market capitalisation, see Copa Holdings SA market capitalisation.

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