Copa Holdings SA (CPA) — Tangible Net Worth Ratio

Latest as of March 2026: 96.4%

Copa Holdings SA (CPA) has a Tangible Net Worth Ratio of 96.4% as of March 2026. This metric is calculated by deducting intangible assets ($104.48 Million) from net assets ($2.87 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Copa Holdings SA equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.4%
Tangible equity / total equity

Net Assets (Equity)

$2.87 Billion
USD

Intangible Assets

$104.48 Million
Goodwill, patents, brand value

Total Assets

$6.89 Billion
USD

Copa Holdings SA Tangible Net Worth Ratio (2001–2025)

This chart shows how Copa Holdings SA's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 96.4%, reflecting net assets of $2.87 Billion with intangible assets of $104.48 Million USD. For live market cap and overall valuation, see CPA market cap overview.

Annual Tangible Net Worth Ratio for Copa Holdings SA (2001–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Copa Holdings SA from 2001 to 2025, covering 25 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore CPA capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 96.3% $2.78 Billion $104.07 Million $6.58 Billion ▼ -0.5 pp
2024 96.8% $2.37 Billion $76.37 Million $5.74 Billion ▼ 0.0 pp
2023 96.8% $2.12 Billion $67.61 Million $5.20 Billion ▲ +0.7 pp
2022 96.1% $1.49 Billion $58.17 Million $4.69 Billion ▲ +0.8 pp
2021 95.3% $1.30 Billion $61.37 Million $4.25 Billion ▲ +1.1 pp
2020 94.1% $1.28 Billion $75.19 Million $3.85 Billion ▼ -0.3 pp
2019 94.4% $1.93 Billion $108.12 Million $4.35 Billion ▼ -0.1 pp
2018 94.5% $1.84 Billion $101.17 Million $4.09 Billion ▼ -1.7 pp
2017 96.2% $2.11 Billion $81.11 Million $4.25 Billion ▼ -1.2 pp
2016 97.3% $1.85 Billion $49.12 Million $3.85 Billion ▼ -0.2 pp
2015 97.6% $2.00 Billion $49.05 Million $4.17 Billion ▼ -0.7 pp
2014 98.2% $2.08 Billion $36.91 Million $4.07 Billion ▼ -0.3 pp
2013 98.5% $1.90 Billion $28.21 Million $3.95 Billion ▲ +2.4 pp
2012 96.1% $1.54 Billion $59.38 Million $3.48 Billion ▼ -0.5 pp
2011 96.6% $1.39 Billion $47.05 Million $3.07 Billion ▲ +0.2 pp
2010 96.4% $1.04 Billion $37.35 Million $2.48 Billion ▲ +0.4 pp
2009 96.0% $865.63 Million $34.97 Million $2.09 Billion ▲ +1.0 pp
2008 95.0% $632.43 Million $31.86 Million $1.95 Billion ▲ +1.6 pp
2007 93.3% $531.64 Million $35.48 Million $1.71 Billion ▲ +7.8 pp
2006 85.5% $371.67 Million $53.71 Million $1.26 Billion ▲ +6.6 pp
2005 78.9% $245.87 Million $51.81 Million $916.91 Million ▼ -21.1 pp
2004 100.0% $174.16 Million $0.00 $702.05 Million ▲ +0.0 pp
2003 100.0% $115.58 Million $0.00 $591.91 Million ▲ +0.0 pp
2002 100.0% $67.09 Million $0.00 $421.94 Million ▲ +0.0 pp
2001 100.0% $46.43 Million $0.00 $300.12 Million
pp = percentage points