Copa Holdings, S.A.
CPA · Price history
Price at last available close
$129.90
−$3.15 (-2.37%) 1M
2026-10-28
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Company & revenue
About Copa Holdings, S.A.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Copa Holdings, S.A., through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean. As of December 31, 2025, it operated through a fleet of 125 aircraft. The company was founded in 1947 and is based in Panama City, Panama.
How they make money
Copa Holdings, S.A. operates as a Latin American provider of passenger and cargo services through its subsidiaries, Copa Airlines and Wingo. The company generates revenue primarily through the sale of air transportation services, including passenger tickets and cargo transport, leveraging a hub-and-spoke network centered in Panama to connect destinations across North, Central, and South America and the Caribbean.
Products & services
The company provides scheduled air transportation for passengers and cargo, operating a fleet of Boeing aircraft to serve various international destinations.
Brands & revenue mix
Full-service airline brand.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Customer concentration
The company does not report significant customer concentration as its revenue is derived from a large volume of individual passengers and cargo clients.
Suppliers, materials & equipment
- The Boeing Company — Supplier of aircraft, specifically the Boeing 737 fleet.Source
Business relationships & partnerships
- Star Alliance — Copa Airlines is a member of the Star Alliance, a global airline network that allows for codeshare agreements and integrated frequent flyer programs.Source
Competitors
Strengths
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Quarterly EPS fell 53.7% versus the same quarter last year.
Review net income and weighted-average shares together. Per-share earnings can change because of operating performance, nonrecurring items or the share denominator.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
60
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
69
Fair
Financial Strength
54
Business Quality / Moat
83
Management
75
Growth Quality
56
Risk / Durability
83
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
73
Fair
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
70/100
Building Historical Record
Model Score 70/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently moderate.
- •Asset quality scores strongly
- •Valuation scores attractively
- •Recent buyback activity is present
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for CPA
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can CPA maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is CPA's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Does CPA's balance between cash and debt leave enough flexibility if business conditions weaken?
- •Is CPA's valuation discount tied to a temporary concern or to a longer-term business risk?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of CPA's score?
Essential Investment Snapshot
Wall Street Score
60
Opportunity Score
73
Market Cap
$5.34B
P/E Ratio
8.7
EPS
$15.22
52-Week High
$160.47
52-Week Low
$107.44
Beta
0.97
Intrinsic Value
$338.12
Analyst Target
$185.00
Shares Outstanding
41.3M
Total Revenue
$3.99B
Total Debt
$495.5M
Dividend Yield (TTM)
5.19%
Liquidation Value / Share
$69.64
Dividend / Share (TTM)
$6.74
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for CPA
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total callsNo personal call yet on CPA.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Hub-and-spoke network efficiency at Tocumen International Airport.
- +Operational excellence and on-time performance.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Airlines, Airports & Air Services industry.
- −Dependence on Boeing aircraft and potential safety-related operational disruptions.
- −Fluctuations in fuel prices and availability.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
63
Sep 17, 2026
Change
-3.0
points
Current Score
60
Oct 1, 2026
Category Changes
CPA decreased 3 points because some fundamentals weakened.
Projected Score
Projected Score
55
Projected Change
-5.2 points
Preliminary comparable-period financial changes suggest decline of approximately 5.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
UndervaluedCurrent Price
$129.90
Model Intrinsic Value
$338.12
Difference
−$208.22
-61.6% vs IV
Margin of Safety
61.6%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.99B | $3.62B | $3.45B | $3.46B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $2.77B | $2.33B | $2.22B | $2.18B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $1.22B | $1.29B | $1.23B | $1.27B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $220.8M | $208.3M | $208.0M | $227.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $440.0M | $467.5M | $474.6M | $467.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $1.21B | $1.24B | $1.12B | $1.08B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $778.8M | $819.0M | $753.0M | $807.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $105.9M | $98.4M | $84.5M | $158.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $719.0M | $775.6M | $705.8M | $611.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $92.4M | $104.0M | $97.7M | $97.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $626.6M | $671.6M | $608.1M | $514.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $15.22 | $16.28 | $14.55 | $12.78 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 40.91M | 41.26M | 41.80M | 40.20M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 40.91M | 41.26M | 41.80M | 40.20M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$1.06B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$1.67
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-75.8%
Cash Change
+13.0%
Margin Change
-11.2 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
- Debt reduced
What Weakened
- Margins contracted
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels. Pressure indicators included EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 25.7%. EPS declined 53.7%. Cash increased 13.0%. Total debt declined 75.8%. Net income margin declined by 11.2 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · CPA
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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