Copa Holdings

Copa Holdings FCF Conversion

The FCF Conversion Rate (FCF/EBITDA) of Copa Holdings (CPA) as of Nov 2, 2026 is 45.87 %. In the previous year, FCF Conversion Rate (FCF/EBITDA) was 55.99 % — a change of -18.09% (lower).

FCF Conversion

45.87 %

YoY

-18.09%

Last updated:

FCF Conversion Rate (FCF/EBITDA) of Copa Holdings is 2025 45.87 % . FCF Conversion Rate (FCF/EBITDA) of Copa Holdings was 2024 55.99 % . It decreases by -18.09% lower compared to the previous year.

The Copa Holdings FCF Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF Conversion
Date
FCF Conversion
Jan 1, 2018
-27.64 USD
Jan 1, 2019
250.88 USD
Jan 1, 2020
16.47 USD
Jan 1, 2021
53.72 USD
Jan 1, 2022
36.29 USD
Jan 1, 2023
41.80 USD
Jan 1, 2024
55.99 USD
Jan 1, 2025
45.87 USD
The Copa Holdings FCF Conversion history
YEARFCF ConversionYoY
45.87 %-18.09%
55.99 %+33.94%
41.80 %+15.19%
36.29 %-32.44%
53.72 %+226.09%
16.47 %-93.43%
250.88 %-1,007.61%
-27.64 %-124.60%
112.35 %-16.72%
134.90 %-322.87%
-60.53 %+81.24%
-33.40 %—

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Copa Holdings Stock analysis

What does Copa Holdings do? Copa Holdings SA is a Panamanian company that was originally founded as a small regional airline called Compañía Panameña de Aviación (Copa). The company began operations in 1947 with only three aircraft and a few destinations in Central America. Today, Copa Holdings SA is one of the largest airlines in Latin America. The business model of Copa Holdings SA focuses on passenger transportation and offers flexible travel options for both business and leisure travelers. The company specializes in serving the needs of travelers in Latin America and provides both regional and international flights. Copa Holdings SA operates a fleet of modern aircraft, including Boeing 737 NG and MAX, Bombardier CRJ-700, and Embraer 190. Copa Holdings SA is divided into various business divisions, including the airline Copa Airlines and the ground service providers AeroRepública and Copa Airlines Colombia. Overall, the company serves over 80 destinations in 33 countries and has codeshare agreements with various international airlines. One of the distinctive features of Copa Holdings SA is the hub-and-spoke system operated by Copa Airlines. The system utilizes Panama City as a hub and allows passengers to fly directly to international destinations from various cities in Latin America without the need for connections. This makes it easier for travelers in the region to reach international destinations and provides an alternative to traditional hubs in the United States or Europe. Copa Airlines also offers various products and services, including a variety of seat options and classes that cater to the needs of both business and leisure travelers. Business class passengers enjoy more legroom, better meals and drinks, and access to Copa Airlines and partner airlines' lounges. For leisure travelers, Copa Airlines offers a range of affordable fares that can reduce travel costs. In addition to passenger traffic, Copa Holdings SA also provides cargo services. The company operates a fleet of 14 Boeing 737-300F aircraft that transport various goods throughout Latin America. The cargo transportation services of Copa Holdings SA provide reliable and efficient options for business customers and shipping operators to transport goods and products. Overall, Copa Holdings SA has become one of the significant airlines in Latin America and continues its long-standing commitment to excellent customer service. The company has received numerous awards for its product range as well as its IT and service excellence. Copa Holdings SA remains committed to strengthening its market presence in the region and continuously improving its services to meet the needs of business and leisure travelers throughout Latin America. Copa Holdings is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Copa Holdings stock

FCF Conversion Rate (FCF/EBITDA) of Copa Holdings is 45.87 % in 2025.

FCF Conversion Rate (FCF/EBITDA) of Copa Holdings changed from 55.99 % to 45.87 %, representing a -18.09% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of FCF Conversion Rate (FCF/EBITDA) Copa Holdings since 2006 – with annual values, charts, and detailed analysis.

FCF conversion measures how effectively EBITDA converts to free cash flow. Higher conversion indicates efficient capital allocation and low maintenance costs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare FCF Conversion Rate (FCF/EBITDA)'s Copa Holdings with sector peers and the industry average to assess whether it is attractive.

To evaluate FCF Conversion Rate (FCF/EBITDA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for FCF Conversion Rate (FCF/EBITDA).

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Cash Flow — Copa Holdings

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