Copa Holdings, S.A. (CPA)
NYSE: CPA · Real-Time Price · USD
109.95
-0.97 (-0.87%)
Mar 30, 2026, 9:40 AM EDT - Market open

Copa Holdings Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
671.65608.11514.1348.0543.84
Depreciation & Amortization
365.14330.71306.11267.7239.95
Stock-Based Compensation
5.695.484.365.167.1
Other Adjustments
155.39126.75300.5889.71116.49
Change in Receivables
-30.42-15.46-27.56-51.65-36.05
Changes in Accounts Payable
-65.146.7819.3740.0454.26
Changes in Income Taxes Payable
-73.71-115.72-55.41-26.35-3.9
Changes in Unearned Revenue
139.2417.29-26.66110.8990.54
Changes in Other Operating Activities
-17.44-7.19.9-24.99-4.94
Operating Cash Flow
1,2391,1151,108817.39538.85
Operating Cash Flow Growth
11.05%0.63%35.60%51.69%821.05%
Capital Expenditures
-1,067-626.16-800.18-632.23-483.73
Sale of Property, Plant & Equipment
145.09173.26233.21112.81152.14
Purchases of Intangible Assets
-30.92-30.18-29.7-18.46-11.59
Purchases of Investments
-1,061-569.79-644.91-763.84-1,117
Proceeds from Sale of Investments
695.16709.73698.58749.581,001
Investing Cash Flow
-1,318-343.14-543-552.15-459.14
Long-Term Debt Issued
552.2414.59428.31222.48352.28
Long-Term Debt Repaid
-254.62-216.65-502.26-249.52-142.23
Net Long-Term Debt Issued (Repaid)
297.58197.94-73.95-27.04210.05
Repurchase of Common Stock
-8.71-87.31-105.93-167.64-40.51
Net Common Stock Issued (Repurchased)
-8.71-87.31-105.93-167.64-40.51
Common Dividends Paid
-265.85-269.14-134.15--
Other Financing Activities
-59.09-61.14-80-79.02-80.99
Financing Cash Flow
-36.06-219.65-394.03-273.6988.54
Effect of Exchange Rate Changes on Cash and Cash Equivalents
-26.66-27.12-23.81-21.36-44.67
Net Cash Flow
-204.1434.06107.76-67.3136.69
Free Cash Flow
171.4489.19308.23185.1655.11
Free Cash Flow Growth
-64.96%58.71%66.47%235.97%281.71%
FCF Margin
4.74%14.19%8.92%6.24%3.65%
Free Cash Flow Per Share
4.1511.707.663.911.29
Levered Free Cash Flow
250.21451.85-106.7256.07146.06
Unlevered Free Cash Flow
-9.84294.55132.22138.8314.8
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q