Copa Holdings, S.A.

DB:C2H Stock Report

Market Cap: €4.9b

Copa Holdings Past Earnings Performance

Past criteria checks 4/6

Copa Holdings has been growing earnings at an average annual rate of 45.9%, while the Airlines industry saw earnings growing at 59.3% annually. Revenues have been growing at an average rate of 21.2% per year. Copa Holdings's return on equity is 24.6%, and it has net margins of 18.8%.

Key information

45.89%

Earnings growth rate

45.42%

EPS growth rate

Airlines Industry Growth0.48%
Revenue growth rate21.18%
Return on equity24.62%
Net Margin18.76%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Copa Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:C2H Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 263,7717073190
31 Dec 253,6186723260
30 Sep 253,5346653430
30 Jun 253,4756373390
31 Mar 253,4526093430
31 Dec 243,4466083450
30 Sep 243,4806303500
30 Jun 243,4936713500
31 Mar 243,4835693510
31 Dec 233,4575143580
30 Sep 233,4354153640
30 Jun 233,3773433710
31 Mar 233,2614503690
31 Dec 222,9653483500
30 Sep 222,6493783230
30 Jun 222,2852702910
31 Mar 221,8961742540
31 Dec 211,510442190
30 Sep 211,094-2521810
30 Jun 21681-3781400
31 Mar 21391-7921130
31 Dec 20801-6071430
30 Sep 201,324-4271950
30 Jun 202,000-2052570
31 Mar 202,6312323160
31 Dec 192,7072473290
30 Sep 192,682883230
30 Jun 192,646423210
31 Mar 192,635413090
31 Dec 182,678883340
30 Sep 182,6973453140
30 Jun 182,6823913070
31 Mar 182,6274053040
31 Dec 172,5223633150
30 Sep 172,4533602370
30 Jun 172,3653301850
31 Mar 172,281321860
31 Dec 162,2193232860
30 Sep 162,153-164820
30 Jun 162,131-232840
31 Mar 162,175-223840
31 Dec 152,254-2252940
30 Sep 152,372210950
30 Jun 152,488269950

Quality Earnings: C2H has high quality earnings.

Growing Profit Margin: C2H's current net profit margins (18.8%) are higher than last year (17.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: C2H has become profitable over the past 5 years, growing earnings by 45.9% per year.

Accelerating Growth: C2H's earnings growth over the past year (16.2%) is below its 5-year average (45.9% per year).

Earnings vs Industry: C2H earnings growth over the past year (16.2%) did not outperform the Airlines industry 19.1%.


Return on Equity

High ROE: C2H's Return on Equity (24.6%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 18:07
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Copa Holdings, S.A. is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pablo Monsivais MendozaBarclays
Daniel SpilbergBarclays
Rogério AraújoBofA Global Research