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%.
View full Copa Holdings, S.A company overviewCopa Holdings, S.A free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $334.7M | −$36.0M | −9.71% | +9.25% |
| 2024 | 2024-12-31 | $370.7M | −$73.9M | −16.63% | +10.76% |
| 2023 | 2023-12-31 | $444.6M | −$59.4M | −11.78% | +12.86% |
| 2022 | 2022-12-31 | $504.0M | $203.5M | +67.72% | +17.00% |
| 2021 | 2021-12-31 | $300.5M | $339.3M | — | +19.90% |
| 2020 | 2020-12-31 | −$38.8M | −$761.3M | — | −4.84% |
| 2019 | 2019-12-31 | $722.5M | $298.5M | +70.39% | +26.69% |
| 2018 | 2018-12-31 | $424.0M | −$301.5M | −41.56% | +15.84% |
| 2017 | 2017-12-31 | $725.6M | $219.3M | +43.32% | +28.77% |
| 2016 | 2016-12-31 | $506.2M | $271.2M | +115.35% | +22.81% |
| 2015 | 2015-12-31 | $235.1M | — | — | +10.43% |
Copa Holdings, S.A quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
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.
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.
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 ↗