Copa Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	266.83	382.55	613.31	206.38	122.42	211.08
Short-Term Investments	996.41	886.08	478.16	606.75	716.85	681.61
Trading Asset Securities	-	69.53	107.76	102.06	95.47	124.73
Cash & Short-Term Investments	1,263	1,338	1,199	915.18	934.75	1,017
Cash Growth	26.28%	11.58%	31.04%	-2.09%	-8.13%	14.33%
Accounts Receivable	221.36	194.05	164.75	147.89	117.32	75.32
Other Receivables	-	31.11	22.93	29.4	30.81	21.93
Receivables	221.36	225.16	187.68	177.28	148.14	97.24
Inventory	155.23	148.13	132.34	116.6	93.33	74.78
Prepaid Expenses	84.27	4.26	3.65	3.91	4.38	5.34
Other Current Assets	38.15	62.38	53.98	54.99	55.23	44.01
Total Current Assets	1,762	1,778	1,577	1,268	1,236	1,239
Property, Plant & Equipment	4,951	3,949	3,229	2,820	2,386	2,203
Long-Term Investments	280.19	248.58	248.94	258.93	202.06	199.67
Goodwill	-	20.38	20.38	20.38	20.38	20.38
Other Intangible Assets	104.42	83.69	76.37	67.61	58.18	61.37
Long-Term Deferred Tax Assets	21.07	19.87	20.75	30.15	30.74	28.2
Other Long-Term Assets	18.66	483.83	569.65	732.21	757.53	497.08
Total Assets	7,137	6,583	5,742	5,197	4,690	4,248

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	208.4	164.37	229.12	182.33	166.67	120.28
Accrued Expenses	126.43	130.19	119.76	106.1	85.56	61.3
Current Portion of Long-Term Debt	202.25	172.89	254.85	222.43	142.48	196.6
Current Portion of Leases	68.35	66.13	59.1	68.3	80.08	73.92
Current Income Taxes Payable	5.34	11.93	9.8	26.74	6.28	3.84
Current Unearned Revenue	1,043	811.83	681.34	666.92	707.1	592.05
Other Current Liabilities	3.07	1.4	1.3	5.65	5.39	5.11
Total Current Liabilities	1,657	1,359	1,355	1,278	1,194	1,053
Long-Term Debt	2,069	1,808	1,416	1,240	1,302	1,229
Long-Term Leases	224.87	258.38	270.59	215.35	158.29	104.73
Long-Term Unearned Revenue	-	81.37	72.62	69.75	56.23	60.4
Long-Term Deferred Tax Liabilities	58.28	59.22	37.48	36.37	16.57	18.78
Other Long-Term Liabilities	255.19	242.34	217.63	234.47	471.77	482.82
Total Liabilities	4,265	3,808	3,370	3,075	3,198	2,949

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	30.8	30.76	30.71	30.67	28.79	28.76
Additional Paid-In Capital	222.94	220.19	214.54	209.1	103.47	98.35
Retained Earnings	2,980	2,841	2,435	2,096	1,716	1,368
Treasury Stock	-345.15	-300.14	-291.44	-204.13	-344.54	-176.9
Comprehensive Income & Other	-15.94	-15.94	-15.75	-9.33	-11.45	-18.67
Shareholders' Equity	2,873	2,775	2,373	2,122	1,492	1,299
Total Liabilities & Equity	7,137	6,583	5,742	5,197	4,690	4,248

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	2,565	2,305	2,001	1,746	1,683	1,604
Net Cash (Debt)	-1,302	-966.8	-801.27	-831.16	-747.93	-586.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-31.63	-23.43	-19.17	-20.66	-15.79	-13.78
Filing Date Shares Outstanding	40.93	41.25	41.32	42.28	39.55	42.09
Total Common Shares Outstanding	40.93	41.25	41.32	42.28	39.55	42.09
Working Capital	105.4	419.34	221.6	-10.51	42.25	185.69
Book Value Per Share	70.19	67.29	57.43	50.19	37.72	30.87
Tangible Book Value	2,769	2,671	2,276	2,034	1,414	1,218
Tangible Book Value Per Share	67.64	64.76	55.09	48.11	35.74	28.93
Land	-	6.3	6.3	6.3	6.3	6.3
Machinery	-	5,162	4,279	3,731	3,200	2,959
Construction In Progress	-	3.6	7.37	11.62	2.39	15.58
Leasehold Improvements	-	90.01	85.28	75.98	74.27	65.27

SEC Filings: 10-K · 10-Q