Copa Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	382.55	613.31	206.38	122.42	211.08
Short-Term Investments	955.6	478.16	606.75	716.85	681.61
Trading Asset Securities	-	107.76	102.06	95.47	124.73
Cash & Short-Term Investments	1,338	1,199	915.18	934.75	1,017
Cash Growth	11.58%	31.04%	-2.09%	-8.13%	14.33%
Accounts Receivable	197.64	164.75	147.89	117.32	75.32
Other Receivables	-	22.93	29.4	30.81	21.93
Receivables	197.64	187.68	177.28	148.14	97.24
Inventory	148.13	132.34	116.6	93.33	74.78
Prepaid Expenses	55.21	3.65	3.91	4.38	5.34
Other Current Assets	38.94	53.98	54.99	55.23	44.01
Total Current Assets	1,778	1,577	1,268	1,236	1,239
Property, Plant & Equipment	4,417	3,229	2,820	2,386	2,203
Long-Term Investments	248.58	248.94	258.93	202.06	199.67
Goodwill	-	20.38	20.38	20.38	20.38
Other Intangible Assets	104.07	76.37	67.61	58.18	61.37
Long-Term Deferred Tax Assets	19.87	20.75	30.15	30.74	28.2
Other Long-Term Assets	15.61	569.65	732.21	757.53	497.08
Total Assets	6,583	5,742	5,197	4,690	4,248
Accounts Payable	165.65	229.12	182.33	166.67	120.28
Accrued Expenses	128.95	115.47	106.1	85.56	61.3
Current Portion of Long-Term Debt	172.89	254.85	222.43	142.48	196.6
Current Portion of Leases	66.13	59.1	68.3	80.08	73.92
Current Income Taxes Payable	11.93	9.8	26.74	6.28	3.84
Current Unearned Revenue	893.2	681.34	666.92	707.1	592.05
Other Current Liabilities	1.36	5.59	5.65	5.39	5.11
Total Current Liabilities	1,440	1,355	1,278	1,194	1,053
Long-Term Debt	1,808	1,416	1,240	1,302	1,229
Long-Term Leases	258.38	270.59	215.35	158.29	104.73
Long-Term Unearned Revenue	-	72.62	69.75	56.23	60.4
Long-Term Deferred Tax Liabilities	59.22	37.48	36.37	16.57	18.78
Other Long-Term Liabilities	242.34	217.63	234.47	471.77	482.82
Total Liabilities	3,808	3,370	3,075	3,198	2,949
Common Stock	30.76	30.71	30.67	28.79	28.76
Additional Paid-In Capital	220.19	214.54	209.1	103.47	98.35
Retained Earnings	2,841	2,435	2,096	1,716	1,368
Treasury Stock	-300.14	-291.44	-204.13	-344.54	-176.9
Comprehensive Income & Other	-15.94	-15.75	-9.33	-11.45	-18.67
Shareholders' Equity	2,775	2,373	2,122	1,492	1,299
Total Liabilities & Equity	6,583	5,742	5,197	4,690	4,248
Total Debt	2,305	2,001	1,746	1,683	1,604
Net Cash (Debt)	-966.8	-801.27	-831.16	-747.93	-586.86
Net Cash Per Share	-23.43	-19.17	-20.66	-15.79	-13.78
Filing Date Shares Outstanding	41.28	41.32	42.28	39.55	42.09
Total Common Shares Outstanding	41.28	41.32	42.28	39.55	42.09
Working Capital	337.97	221.6	-10.51	42.25	185.69
Book Value Per Share	67.23	57.43	50.19	37.72	30.87
Tangible Book Value	2,671	2,276	2,034	1,414	1,218
Tangible Book Value Per Share	64.71	55.09	48.11	35.74	28.93
Land	-	6.3	6.3	6.3	6.3
Machinery	-	4,279	3,731	3,200	2,959
Construction In Progress	-	7.37	11.62	2.39	15.58
Leasehold Improvements	-	85.28	75.98	74.27	65.27

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q