Copa Holdings S.A (C2H) — Free Cash Flow Generation Index
Copa Holdings S.A (C2H) has a Free Cash Flow Generation Index of 0.30x as of December 2025. Free cash flow of €119.63 Million represents 0% of operating cash flow (€398.96 Million). Explore Copa Holdings S.A (C2H) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Copa Holdings S.A Free Cash Flow Generation Index (2013–2025)
Historical FCF Generation Index trend for Copa Holdings S.A across 13 annual periods. For the full cash flow conversion analysis, see Copa Holdings S.A cash flow conversion.
Annual Free Cash Flow Generation for Copa Holdings S.A (2013–2025)
Year-by-year Free Cash Flow Generation Index for Copa Holdings S.A. Check C2H total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.05x | €52.36 Million | €1.15 Billion | €1.10 Billion | ▼ -86.7% |
| 2024 | 0.34x | €340.51 Million | €996.85 Million | €656.34 Million | ▲ +1.7% |
| 2023 | 0.34x | €328.97 Million | €979.66 Million | €829.87 Million | ▼ -66.4% |
| 2022 | 1.00x | €740.95 Million | €740.95 Million | €650.69 Million | ▲ +9.7% |
| 2021 | 0.91x | €462.61 Million | €507.29 Million | €483.73 Million | ▲ +112.2% |
| 2020 | -7.49x | €-39.52 Million | €5.28 Million | €44.06 Million | ▼ -943.2% |
| 2019 | 0.89x | €697.02 Million | €784.88 Million | €137.82 Million | ▲ +67.7% |
| 2018 | 0.53x | €287.58 Million | €543.01 Million | €335.73 Million | ▼ -26.1% |
| 2017 | 0.72x | €598.71 Million | €835.51 Million | €301.26 Million | ▼ -38.9% |
| 2016 | 1.17x | €697.41 Million | €594.59 Million | €102.82 Million | ▼ -22.8% |
| 2015 | 1.52x | €481.71 Million | €316.86 Million | €164.85 Million | ▼ -15.8% |
| 2014 | 1.81x | €695.28 Million | €384.89 Million | €310.39 Million | ▲ +34.5% |
| 2013 | 1.34x | €1.12 Billion | €830.26 Million | €285.20 Million | — |