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CPA logoCopa Holdings, S.A. (CPA) Earnings History

Annual and quarterly earnings data from 2001 to 2024

TTM Net Income
$665M
Profitable
TTM EPS
$16.17
Diluted
YoY EPS Growth
+13.8%
Strong
Net Margin
17.6%
Profitability
Operating Margin21.8%
Gross Margin31.9%
ROE27.1%
ROA11.1%
Highest Annual Net Income$608M (2024)
Highest Quarterly EPS$4.77 (Q4 2023)
Consecutive Profitable Years4 years
Q3 2025
Net Income$173M
EPS$4.21
QoQ Growth+16.4%Strong

Loading earnings history...

CPA EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+13.8%
Strong
3-Year
+141.7%
Excellent
5-Year
+20.0%
Excellent
10-Year
+6.0%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

CPA Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202431.9%21.8%17.6%
202333.7%23.3%14.9%
202227.0%15.2%11.7%
202124.1%9.7%2.9%
2020-9.4%-27.2%-75.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Copa Holdings, S.A. (CPA) Earnings Overview

As of May 8, 2026, Copa Holdings, S.A. (CPA) reported trailing twelve-month net income of $665M, reflecting +13.8% year-over-year growth. The company earned $16.17 per diluted share over the past four quarters, with a net profit margin of 17.6%.

Looking at the long-term picture, CPA's 5-year EPS compound annual growth rate (CAGR) stands at +20.0%, indicating exceptional earnings growth. The company achieved its highest annual net income of $608M in fiscal 2024, representing a new all-time high.

Copa Holdings, S.A. maintains industry-leading profitability with a gross margin of 31.9%, operating margin of 21.8%, and net margin of 17.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including VLRS (-$104M net income, -3.4% margin), OMAB ($5.34B net income, 33.5% margin), UAL ($3.67B net income, 5.7% margin), CPA has outperformed on profitability metrics. Compare CPA vs VLRS →

CPA Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
CPA logoCPACurrent
$665M$16.1717.6%27.1%+13.8%—
VLRS logoVLRS
-$104M$-0.91-3.4%-33.1%-181.8%
OMAB logoOMAB
$5.3B$110.6633.5%48.6%+8.4%
UAL logoUAL
$3.7B$11.215.7%24.0%+8.1%
AAL logoAAL
$202M$0.310.2%--86.3%
DAL logoDAL
$5.0B$7.637.9%27.8%+43.7%
Best in group
Lowest in group

CPA Historical Earnings Data (2001–2024)

24 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$608M+18.3%$753M$14.5517.6%21.8%
2023$514M+47.7%$806M$12.7814.9%23.3%
2022$348M+693.8%$450M$7.8811.7%15.2%
2021$44M+107.2%$147M$1.032.9%9.7%
2020-$607M-345.8%-$218M$-14.28-75.8%-27.2%
2019$247M+180.1%$435M$5.849.1%16.1%
2018$88M-75.8%$348M$2.093.3%13.0%
2017$364M+8.8%$424M$8.5514.4%16.8%
2016$335M+248.7%$276M$7.6315.1%12.4%
2015-$225M-162.2%$266M$-5.49-10.0%11.8%

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Compare CPA vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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CPA — Frequently Asked Questions

Quick answers to the most common questions about buying CPA stock.

Is CPA growing earnings?

CPA EPS stands at $16.17, with +13.8% growth matching the 5-year CAGR of +20.0%. TTM net income is $665M. Earnings trajectory remains consistent.

What are CPA's profit margins?

Copa Holdings, S.A. net margin is +17.6%, with operating margin at +21.8%. Above-average margins indicate pricing power.

How consistent are CPA's earnings?

CPA earnings data spans 2001-2024. The current earnings trend is +13.8% YoY. Historical data enables comparison across business cycles.

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CPA Earnings Over Time (2013–2024)

Net income and EPS trends