Copa Holdings SA (CPA) — Free Cash Flow Generation Index
Copa Holdings SA (CPA) has a Free Cash Flow Generation Index of 0.95x as of December 2025. Free cash flow of $352.50 Million represents 1% of operating cash flow ($372.30 Million). Read Copa Holdings SA (CPA) total liabilities for a breakdown of total debt and financial obligations.
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. Explore Copa Holdings SA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Copa Holdings SA (2001–2025)
Year-by-year Free Cash Flow Generation Index for Copa Holdings SA. For the full company profile including market capitalisation, see market cap of Copa Holdings SA.
| 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 | — |