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). See Copa Holdings SA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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 cash flow to debt ratio of Copa Holdings SA to assess how comfortably operating cash covers total debt obligations.
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 CPA company net worth.
| 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 | — |