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	585.92	708.81	812.32	806.34
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	168.99	159.25	137.58	92.45
Inventory	148.13	132.34	116.6	93.33	74.78
Other Current Assets	94.15	76.31	76.93	70.16	54.14
Total Current Assets	1,778	1,577	1,268	1,236	1,239
Net Property, Plant & Equipment	4,417	3,768	3,520	3,118	2,679
Other Intangible Assets	104.07	96.75	87.99	78.56	81.75
Long-Term Investments	248.58	248.94	258.93	202.06	199.67
Other Long-Term Assets	35.48	52.16	62.18	56.02	49.02
Total Assets	6,583	5,742	5,197	4,690	4,248
Accounts Payable	167.01	232	184.93	168.84	121.33
Accrued Expenses	140.88	127.98	135.89	95.07	69.2
Short-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
Unearned Revenue	811.83	681.34	666.92	707.1	592.05
Total Current Liabilities	1,359	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
Other Long-Term Liabilities	382.92	327.72	340.6	544.57	562
Total Long-Term Liabilities	2,449	2,014	1,796	2,005	1,896
Total Liabilities	3,808	3,370	3,075	3,198	2,949
Common Stock	30.76	30.71	30.67	28.79	28.76
Treasury Stock	-300.14	-291.44	-204.13	-344.54	-176.9
Additional Paid-in Capital	220.19	214.54	209.1	103.47	98.35
Accumulated Other Comprehensive Income	-15.94	-15.75	-9.33	-11.45	-18.67
Retained Earnings	2,841	2,435	2,096	1,716	1,368
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
Book Value	2,775	2,373	2,122	1,492	1,299
Book Value Per Share	67.27	56.77	52.75	31.51	30.50
Tangible Book Value	2,671	2,276	2,034	1,414	1,218
Tangible Book Value Per Share	64.75	54.45	50.57	29.85	28.58

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q