Airlines, Airports & Air Services
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CPA vs AAL
Revenue, margins, valuation, and 5-year total return — side by side.
Airlines, Airports & Air Services
CPA vs AAL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Airlines, Airports & Air Services | Airlines, Airports & Air Services |
| Market Cap | $3.71B | $8.70B |
| Revenue (TTM) | $3.53B | $55.99B |
| Net Income (TTM) | $665M | $202M |
| Gross Margin | 32.5% | 21.8% |
| Operating Margin | 22.8% | 3.0% |
| Forward P/E | 9.2x | 77.5x |
| Total Debt | $2.00B | $35.97B |
| Cash & Equiv. | $613M | $1.69B |
CPA vs AAL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Copa Holdings, S.A. (CPA) | 100 | 280.2 | +180.2% |
| American Airlines G… (AAL) | 100 | 125.5 | +25.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CPA vs AAL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CPA carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.43, yield 5.2%
- Rev growth -0.3%, EPS growth 13.8%, 3Y rev CAGR 31.7%
- 189.1% 10Y total return vs AAL's -55.4%
AAL is the clearest fit if your priority is growth.
- 0.8% revenue growth vs CPA's -0.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 0.8% revenue growth vs CPA's -0.3% | |
| Value | Lower P/E (9.2x vs 77.5x) | |
| Quality / Margins | 18.8% margin vs AAL's 0.4% | |
| Stability / Safety | Beta 1.43 vs AAL's 1.96 | |
| Dividends | 5.2% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +33.9% vs AAL's +24.8% | |
| Efficiency (ROA) | 10.6% ROA vs AAL's 0.3%, ROIC 15.2% vs 3.5% |
CPA vs AAL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CPA vs AAL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CPA leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AAL is the larger business by revenue, generating $56.0B annually — 15.9x CPA's $3.5B. CPA is the more profitable business, keeping 18.8% of every revenue dollar as net income compared to AAL's 0.4%. On growth, AAL holds the edge at +10.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.5B | $56.0B |
| EBITDAEarnings before interest/tax | $1.2B | $3.7B |
| Net IncomeAfter-tax profit | $665M | $202M |
| Free Cash FlowCash after capex | -$273M | $1.9B |
| Gross MarginGross profit ÷ Revenue | +32.5% | +21.8% |
| Operating MarginEBIT ÷ Revenue | +22.8% | +3.0% |
| Net MarginNet income ÷ Revenue | +18.8% | +0.4% |
| FCF MarginFCF ÷ Revenue | -7.7% | +3.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.8% | +10.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +20.3% | +19.4% |
Valuation Metrics
CPA leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
At 8.4x trailing earnings, CPA trades at a 89% valuation discount to AAL's 77.5x P/E. On an enterprise value basis, CPA's 4.7x EV/EBITDA is more attractive than AAL's 12.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.7B | $8.7B |
| Enterprise ValueMkt cap + debt − cash | $5.1B | $43.0B |
| Trailing P/EPrice ÷ TTM EPS | 8.45x | 77.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.19x | — |
| PEG RatioP/E ÷ EPS growth rate | 0.42x | — |
| EV / EBITDAEnterprise value multiple | 4.71x | 12.49x |
| Price / SalesMarket cap ÷ Revenue | 1.08x | 0.16x |
| Price / BookPrice ÷ Book value/share | 2.16x | — |
| Price / FCFMarket cap ÷ FCF | 10.90x | — |
Profitability & Efficiency
CPA leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), AAL scores 6/9 vs CPA's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +24.9% | — |
| ROA (TTM)Return on assets | +10.6% | +0.3% |
| ROICReturn on invested capital | +15.2% | +3.5% |
| ROCEReturn on capital employed | +18.1% | +3.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.84x | — |
| Net DebtTotal debt minus cash | $1.4B | $34.3B |
| Cash & Equiv.Liquid assets | $613M | $1.7B |
| Total DebtShort + long-term debt | $2.0B | $36.0B |
| Interest CoverageEBIT ÷ Interest expense | 9.37x | 2.45x |
Total Returns (Dividends Reinvested)
CPA leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CPA five years ago would be worth $15,912 today (with dividends reinvested), compared to $5,991 for AAL. Over the past 12 months, CPA leads with a +33.9% total return vs AAL's +24.8%. The 3-year compound annual growth rate (CAGR) favors CPA at 14.2% vs AAL's -2.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +2.3% | -14.9% |
| 1-Year ReturnPast 12 months | +33.9% | +24.8% |
| 3-Year ReturnCumulative with dividends | +49.1% | -8.2% |
| 5-Year ReturnCumulative with dividends | +59.1% | -40.1% |
| 10-Year ReturnCumulative with dividends | +189.1% | -55.4% |
| CAGR (3Y)Annualised 3-year return | +14.2% | -2.8% |
Risk & Volatility
Evenly matched — CPA and AAL each lead in 1 of 2 comparable metrics.
Risk & Volatility
CPA is the less volatile stock with a 1.43 beta — it tends to amplify market swings less than AAL's 1.96 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.43x | 1.96x |
| 52-Week HighHighest price in past year | $156.41 | $16.50 |
| 52-Week LowLowest price in past year | $95.20 | $10.09 |
| % of 52W HighCurrent price vs 52-week peak | +78.6% | +79.9% |
| RSI (14)Momentum oscillator 0–100 | 56.1 | 63.9 |
| Avg Volume (50D)Average daily shares traded | 476K | 68.2M |
Analyst Outlook
CPA leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates CPA as "Buy" and AAL as "Buy". Consensus price targets imply 44.6% upside for CPA (target: $178) vs 20.6% for AAL (target: $16). CPA is the only dividend payer here at 5.24% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $177.71 | $15.90 |
| # AnalystsCovering analysts | 30 | 37 |
| Dividend YieldAnnual dividend ÷ price | +5.2% | — |
| Dividend StreakConsecutive years of raises | 2 | 0 |
| Dividend / ShareAnnual DPS | $6.44 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +2.4% | 0.0% |
CPA leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
CPA vs AAL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CPA or AAL a better buy right now?
For growth investors, American Airlines Group Inc.
(AAL) is the stronger pick with 0. 8% revenue growth year-over-year, versus -0. 3% for Copa Holdings, S. A. (CPA). Copa Holdings, S. A. (CPA) offers the better valuation at 8. 4x trailing P/E (9. 2x forward), making it the more compelling value choice. Analysts rate Copa Holdings, S. A. (CPA) a "Buy" — based on 30 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CPA or AAL?
On trailing P/E, Copa Holdings, S.
A. (CPA) is the cheapest at 8. 4x versus American Airlines Group Inc. at 77. 5x.
03Which is the better long-term investment — CPA or AAL?
Over the past 5 years, Copa Holdings, S.
A. (CPA) delivered a total return of +59. 1%, compared to -40. 1% for American Airlines Group Inc. (AAL). Over 10 years, the gap is even starker: CPA returned +189. 1% versus AAL's -55. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CPA or AAL?
By beta (market sensitivity over 5 years), Copa Holdings, S.
A. (CPA) is the lower-risk stock at 1. 43β versus American Airlines Group Inc. 's 1. 96β — meaning AAL is approximately 37% more volatile than CPA relative to the S&P 500.
05Which is growing faster — CPA or AAL?
By revenue growth (latest reported year), American Airlines Group Inc.
(AAL) is pulling ahead at 0. 8% versus -0. 3% for Copa Holdings, S. A. (CPA). On earnings-per-share growth, the picture is similar: Copa Holdings, S. A. grew EPS 13. 8% year-over-year, compared to -86. 3% for American Airlines Group Inc.. Over a 3-year CAGR, CPA leads at 31. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CPA or AAL?
Copa Holdings, S.
A. (CPA) is the more profitable company, earning 17. 6% net margin versus 0. 2% for American Airlines Group Inc. — meaning it keeps 17. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CPA leads at 21. 8% versus 2. 7% for AAL. At the gross margin level — before operating expenses — CPA leads at 31. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CPA or AAL more undervalued right now?
Analyst consensus price targets imply the most upside for CPA: 44.
6% to $177. 71.
08Which pays a better dividend — CPA or AAL?
In this comparison, CPA (5.
2% yield) pays a dividend. AAL does not pay a meaningful dividend and should not be held primarily for income.
09Is CPA or AAL better for a retirement portfolio?
For long-horizon retirement investors, Copa Holdings, S.
A. (CPA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (5. 2% yield, +189. 1% 10Y return). American Airlines Group Inc. (AAL) carries a higher beta of 1. 96 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CPA: +189. 1%, AAL: -55. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CPA and AAL?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CPA is a small-cap deep-value stock; AAL is a small-cap quality compounder stock. CPA pays a dividend while AAL does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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