Copa Holdings SA (CPA) — Free Cash Flow Generation Index
Copa Holdings SA (CPA) has a Free Cash Flow Generation Index of -0.15x as of March 2026. Free cash flow of $-54.36 Million represents 0% of operating cash flow ($359.71 Million). Explore Copa Holdings SA (CPA) reinvestment ratio 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 SA Free Cash Flow Generation Index (2001–2025)
Historical FCF Generation Index trend for Copa Holdings SA across 24 annual periods. For the full cash flow conversion analysis, see Copa Holdings SA (CPA) cash conversion ratio.
Annual Free Cash Flow Generation for Copa Holdings SA (2001–2025)
Year-by-year Free Cash Flow Generation Index for Copa Holdings SA. Check Copa Holdings SA investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.27x | $308.05 Million | $1.12 Billion | $815.73 Million | ▼ -19.7% |
| 2024 | 0.34x | $340.51 Million | $996.85 Million | $656.34 Million | ▲ +66.1% |
| 2023 | 0.21x | $214.91 Million | $1.04 Billion | $829.87 Million | ▲ +23.5% |
| 2022 | 0.17x | $126.31 Million | $758.54 Million | $632.23 Million | ▲ +258.7% |
| 2021 | 0.05x | $23.55 Million | $507.29 Million | $483.73 Million | ▼ -94.1% |
| 2019 | 0.79x | $619.69 Million | $782.98 Million | $163.29 Million | ▲ +1208.7% |
| 2018 | -0.07x | $-24.38 Million | $341.53 Million | $365.91 Million | ▼ -112.7% |
| 2017 | 0.56x | $407.39 Million | $727.33 Million | $319.94 Million | ▼ -24.7% |
| 2016 | 0.74x | $436.29 Million | $586.59 Million | $150.30 Million | ▲ +68.5% |
| 2015 | 0.44x | $145.66 Million | $329.93 Million | $184.27 Million | ▲ +240.2% |
| 2014 | -0.31x | $-120.79 Million | $383.56 Million | $504.36 Million | ▼ -148.0% |
| 2013 | 0.66x | $545.06 Million | $830.26 Million | $285.20 Million | ▲ +113.3% |
| 2012 | 0.31x | $165.59 Million | $538.03 Million | $372.44 Million | ▼ -20.1% |
| 2011 | 0.39x | $191.96 Million | $498.29 Million | $306.33 Million | ▲ +301.7% |
| 2010 | -0.19x | $-55.93 Million | $292.80 Million | $348.73 Million | ▼ -167.6% |
| 2009 | 0.28x | $79.77 Million | $282.44 Million | $202.67 Million | ▲ +414.2% |
| 2008 | -0.09x | $-17.81 Million | $198.10 Million | $215.91 Million | ▲ +75.7% |
| 2007 | -0.37x | $-82.07 Million | $221.94 Million | $304.01 Million | ▼ -51942.7% |
| 2006 | 0.00x | $138.00K | $193.47 Million | $193.33 Million | ▼ -99.8% |
| 2005 | 0.47x | $55.79 Million | $119.09 Million | $63.30 Million | ▲ +40.6% |
| 2004 | 0.33x | $32.87 Million | $98.63 Million | $65.76 Million | ▼ -66.7% |
| 2003 | 1.00x | $73.48 Million | $73.48 Million | $153.41 Million | ▲ +0.0% |
| 2002 | 1.00x | $55.54 Million | $55.54 Million | $148.22 Million | ▲ +0.0% |
| 2001 | 1.00x | $33.00 Million | $33.00 Million | $0.00 | — |