Copa Holdings, S.A Free Cash Flow (FCF) History (CPA)

Copa Holdings, S.A reported $334.7M in free cash flow for fiscal 2025, a decrease of 9.71% from the previous fiscal year, with a free cash flow margin of 9.25%.

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Copa Holdings, S.A free cash flow by year

Copa Holdings, S.A annual free cash flow

Fiscal yearPeriod endedFree cash flowChangeGrowthFCF margin
20252025-12-31$334.7M−$36.0M−9.71%+9.25%
20242024-12-31$370.7M−$73.9M−16.63%+10.76%
20232023-12-31$444.6M−$59.4M−11.78%+12.86%
20222022-12-31$504.0M$203.5M+67.72%+17.00%
20212021-12-31$300.5M$339.3M+19.90%
20202020-12-31−$38.8M−$761.3M−4.84%
20192019-12-31$722.5M$298.5M+70.39%+26.69%
20182018-12-31$424.0M−$301.5M−41.56%+15.84%
20172017-12-31$725.6M$219.3M+43.32%+28.77%
20162016-12-31$506.2M$271.2M+115.35%+22.81%
20152015-12-31$235.1M+10.43%

Copa Holdings, S.A free cash flow growth trends

Over the last five reported fiscal years, free cash flow grew from −$38.8M to $334.7M, a net increase of $373.5M.

About the metric

What free cash flow means

Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.

Calculation and source

How free cash flow is calculated

TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.

Review Copa Holdings, S.A filings at SEC.gov ↗