CPA
Copa Holdings, S.A.
NYSEUSDEQUITY
Industrials
DELAYED
Buy
+39/100
Last price
136.27
▼ 2.04 (1.47%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
135.47
Prev close
138.31
Day high
137.44
Day low
135.31
Volume
232.95K
Market cap
$5.56B
P/E (TTM)
8.96
52W range
107.44 – 160.47
Day trading desk
Gap from prior close
-2.05%
Prior close 138.31
VWAP
136.58
-0.23% from price
Relative volume
1.31×
Normal
Session range
1.65%
135.21 – 137.44
Position in range
48%
Mid range
ATR (14D)
4.19
3.07% of price
Prior day high
139.75
PDH
Prior day low
136.78
PDL
Bid / ask spread
—
Quote not published
Session volume
396.73K
Avg 301.79K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+3.35%
+1.4%
1M
+4.95%
+3.5%
3M
-9.09%
-12.5%
6M
+14.35%
-0.6%
YTD
+12.98%
-1.0%
1Y
+12.64%
-3.1%
3Y
+57.79%
-24.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CPA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
162.90K
Total on file
Fundamentals
Market cap$5.56B
Enterprise value$6.96B
Revenue (TTM)$3.99B
Gross profit$1.50B
EBITDA$1.10B
Net income$626.61M
EPS (TTM)$15.21
Free cash flow$-31.31M
Total cash$1.26B
Total debt$2.56B
Book value / share$70.19
Shares outstanding29.88M
Float28.25M
Short % of float4.99%
Dividend yield4.95%
Beta (5Y)1.03
Valuation & profitability ratios
Trailing P/E8.96
Forward P/E7.15
PEG ratio0.94
Price / sales—
Price / book1.94
EV / revenue1.75
EV / EBITDA6.30
Gross margin37.66%
Operating margin8.65%
Profit margin15.71%
Return on equity23.07%
Return on assets7.35%
Debt / equity89.27
Current ratio1.06
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $3.62B | $3.45B | $3.46B | $2.97B | +5.0% |
| Operating revenue | $3.55B | $3.39B | $3.41B | $2.93B | +4.5% |
| Cost of revenue | $2.33B | $2.22B | $2.18B | $2.07B | +5.1% |
| Gross profit | $1.29B | $1.23B | $1.27B | $897.53M | +4.8% |
| Selling, general & admin | $208.29M | $207.97M | $227.17M | $224.47M | +0.2% |
| Total operating expense | $467.48M | $474.61M | $467.72M | $447.14M | -1.5% |
| Operating income | $818.96M | $752.95M | $807.23M | $450.38M | +8.8% |
| Net interest income | -$35.80M | -$25.58M | -$108.01M | -$69.60M | -40.0% |
| Pre-tax income | $775.61M | $705.79M | $611.10M | $388.23M | +9.9% |
| Tax provision | $103.96M | $97.67M | $97.00M | $40.18M | +6.4% |
| Net income | $671.65M | $608.11M | $514.10M | $348.05M | +10.4% |
| Net income to common | $671.65M | $608.11M | $514.10M | $348.05M | +10.4% |
| Basic EPS | 16.28 | 14.56 | 12.89 | 8.58 | +11.8% |
| Diluted EPS | 16.28 | 14.56 | 12.89 | 8.58 | +11.8% |
| EBIT | $874.00M | $790.28M | $769.32M | $475.86M | +10.6% |
| EBITDA | $1.24B | $1.12B | $1.08B | $743.57M | +10.5% |
| Basic shares | 41.26M | 41.79M | 40.20M | 40.58M | -1.3% |
| Diluted shares | 41.26M | 41.79M | 40.20M | 40.58M | -1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $382.55M | $613.31M | $206.38M | $122.42M | -37.6% |
| Cash & short-term investments | $1.34B | $1.20B | $915.18M | $934.75M | +11.6% |
| Accounts receivable | $197.64M | $168.99M | $159.25M | $131.46M | +17.0% |
| Inventory | $148.13M | $132.34M | $116.60M | $93.33M | +11.9% |
| Total current assets | $1.78B | $1.58B | $1.27B | $1.24B | +12.8% |
| Property, plant & equipment | $4.42B | $3.77B | $3.52B | $3.12B | +17.2% |
| Goodwill & intangibles | $104.07M | $96.75M | $87.99M | $78.56M | +7.6% |
| Total assets | $6.58B | $5.74B | $5.20B | $4.69B | +14.6% |
| Total current liabilities | $1.36B | $1.36B | $1.28B | $1.19B | +0.3% |
| Current debt | $172.88M | $254.85M | $222.43M | $142.48M | -32.2% |
| Long-term debt | $1.81B | $1.42B | $1.24B | $1.30B | +27.7% |
| Total debt | $2.30B | $2.00B | $1.75B | $1.68B | +15.2% |
| Total liabilities | $3.81B | $3.37B | $3.07B | $3.20B | +13.0% |
| Retained earnings | $2.84B | $2.43B | $2.10B | $1.72B | +16.7% |
| Shareholder equity | $2.78B | $2.37B | $2.12B | $1.49B | +17.0% |
| Working capital | $419.34M | $221.60M | -$10.51M | $42.25M | +89.2% |
| Net tangible assets | $2.67B | $2.28B | $2.03B | $1.41B | +17.4% |
| Shares issued | 45.17M | 45.13M | 44.93M | 44.97M | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $671.65M | $608.11M | $514.10M | $348.05M | +10.4% |
| Depreciation & amortisation | $365.14M | $330.71M | $306.11M | $267.70M | +10.4% |
| Stock-based compensation | $5.69M | $5.48M | $4.36M | $5.16M | +3.8% |
| Change in working capital | $26.28M | $41.52M | -$24.95M | $74.28M | -36.7% |
| Operating cash flow | $1.15B | $996.85M | $1.04B | $758.54M | +15.4% |
| Capital expenditure | -$1.10B | -$656.34M | -$829.87M | -$650.69M | -67.3% |
| Investing cash flow | -$1.32B | -$343.14M | -$543.00M | -$552.15M | -284.2% |
| Share buybacks | -$8.71M | -$87.31M | -$105.93M | -$167.64M | +90.0% |
| Dividends paid | -$265.85M | -$269.14M | -$134.15M | $0 | +1.2% |
| Financing cash flow | -$36.06M | -$219.65M | -$394.03M | -$273.69M | +83.6% |
| Free cash flow | $52.36M | $340.51M | $214.91M | $107.85M | -84.6% |
| End cash position | $382.55M | $613.31M | $206.38M | $122.42M | -37.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.06B | $1.05B | $962.89M | $913.15M | $842.60M | +0.7% |
| Operating revenue | $1.04B | $1.03B | $945.66M | $891.02M | $825.57M | +0.3% |
| Cost of revenue | $836.87M | $674.79M | $638.03M | $576.44M | $550.84M | +24.0% |
| Gross profit | $222.46M | $377.63M | $324.86M | $336.71M | $291.77M | -41.1% |
| Selling, general & admin | $57.39M | $54.81M | $55.60M | $52.99M | $49.43M | +4.7% |
| Total operating expense | $130.81M | $119.00M | $108.65M | $124.40M | $108.52M | +9.9% |
| Operating income | $91.66M | $258.63M | $216.22M | $212.31M | $183.25M | -64.6% |
| Net interest income | -$11.65M | -$9.75M | -$10.94M | -$9.52M | -$7.91M | -19.4% |
| Pre-tax income | $77.28M | $247.05M | $191.96M | $202.75M | $174.16M | -68.7% |
| Tax provision | $9.11M | $34.59M | $19.33M | $29.40M | $25.25M | -73.7% |
| Net income | $68.17M | $212.47M | $172.62M | $173.35M | $148.91M | -67.9% |
| Net income to common | $68.17M | $212.47M | $172.62M | $173.35M | $148.91M | -67.9% |
| Basic EPS | 1.67 | 5.16 | 4.18 | 4.20 | 3.61 | -67.6% |
| Diluted EPS | 1.67 | 5.16 | 4.18 | 4.20 | 3.61 | -67.6% |
| EBIT | $105.46M | $272.89M | $219.43M | $227.15M | $197.45M | -61.4% |
| EBITDA | $105.46M | $272.89M | $219.43M | $227.15M | $197.45M | -61.4% |
| Basic shares | 40.91M | 41.18M | 41.25M | 41.25M | 41.25M | -0.7% |
| Diluted shares | 40.91M | 41.18M | 41.25M | 41.25M | 41.25M | -0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $266.82M | $374.22M | $382.55M | $248.82M | $236.17M | -28.7% |
| Cash & short-term investments | $1.26B | $1.33B | $1.34B | $991.51M | $1.00B | -5.3% |
| Accounts receivable | $221.36M | $207.74M | $197.64M | $228.70M | $186.37M | +6.6% |
| Inventory | $155.22M | $152.25M | $148.13M | $145.91M | $141.19M | +2.0% |
| Total current assets | $1.76B | $1.82B | $1.78B | $1.47B | $1.42B | -3.0% |
| Property, plant & equipment | $4.95B | $4.74B | $4.42B | $4.33B | $4.06B | +4.4% |
| Goodwill & intangibles | $104.42M | $104.48M | $104.07M | $101.54M | $98.89M | -0.1% |
| Total assets | $7.14B | $6.89B | $6.58B | $6.28B | $6.00B | +3.5% |
| Total current liabilities | $1.66B | $1.57B | $1.36B | $1.40B | $1.37B | +5.8% |
| Current debt | $202.25M | $218.25M | $172.88M | $204.45M | $219.89M | -7.3% |
| Long-term debt | $2.07B | $1.89B | $1.81B | $1.63B | $1.50B | +9.5% |
| Total debt | $2.56B | $2.42B | $2.30B | $2.17B | $2.05B | +6.1% |
| Total liabilities | $4.26B | $4.02B | $3.81B | $3.61B | $3.44B | +6.1% |
| Retained earnings | $2.98B | $2.98B | $2.84B | $2.73B | $2.63B | -0.1% |
| Shareholder equity | $2.87B | $2.87B | $2.78B | $2.67B | $2.56B | -0.0% |
| Working capital | $105.40M | $251.99M | $419.34M | $77.65M | $49.18M | -58.2% |
| Net tangible assets | $2.77B | $2.77B | $2.67B | $2.57B | $2.46B | -0.0% |
| Shares issued | 40.82M | 45.20M | 45.17M | 45.17M | 45.17M | -9.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Operating cash flow | $258.19M | $359.71M | $398.96M | $267.19M | $278.81M | -28.2% |
| Capital expenditure | -$313.92M | -$414.07M | -$279.33M | -$353.70M | -$287.19M | +24.2% |
| Investing cash flow | -$440.02M | -$359.49M | -$299.17M | -$286.01M | -$215.25M | -22.4% |
| Share buybacks | $0 | -$45.00M | $1.00K | $0 | -$5.15M | +100.0% |
| Dividends paid | -$70.08M | -$70.58M | -$66.42M | -$66.41M | -$66.53M | +0.7% |
| Financing cash flow | $74.44M | -$8.55M | $60.59M | $31.47M | $7.79M | +970.3% |
| Free cash flow | -$55.73M | -$54.36M | $119.63M | -$86.51M | -$8.38M | -2.5% |
| End cash position | $266.82M | $374.22M | $382.55M | $248.82M | $236.17M | -28.7% |
Options analytics
Put / call volume
0.79
Call-heavy session
Put / call open interest
0.30
Positioning, not flow
Max pain
130.00
-4.6% from spot
ATM implied vol
46.2%
Nearest strike to spot
Skew (10% OTM)
+10.8%
Puts bid over calls
Call volume
47
Contracts, this expiry
Put volume
37
Contracts, this expiry
Heaviest call OI
140.00
224 contracts
Heaviest put OI
125.00
73 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.86 | 1.67 | -10.4% |
| Mar 2026 | 4.42 | 5.16 | +16.7% |
| Dec 2025 | 4.43 | 4.18 | -5.7% |
| Sep 2025 | 4.00 | 4.20 | +5.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.27 | 5 | $1.17B | +28.3% |
| Next quarter | 4.81 | 4 | $1.18B | +22.8% |
| Current year | 16.58 | 7 | $4.42B | +22.1% |
| Next year | 19.07 | 9 | $4.70B | +6.4% |
Analyst targets & ownership
Mean target$178.73
High target$205.00
Low target$152.00
Implied upside31.16%
Analyst count15
ConsensusSTRONG BUY
Strong buy / Buy3 / 10
Hold2
Sell / Strong sell0 / 0
Held by insiders0.40%
Held by institutions93.61%
Institutions holding441
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
133.36
+2.18% from price
SMA 20
131.89
+3.32% from price
SMA 50
133.52
+2.06% from price
SMA 100
138.24
-1.43% from price
SMA 200
132.38
+2.94% from price
EMA 12
133.76
+1.87% from price
EMA 26
132.89
+2.54% from price
EMA 50
133.72
+1.91% from price
RSI (14)
56.0
Neutral
MACD (12,26,9)
0.87
Hist 0.83
ATR (14)
4.19
3.07% of price
Realised vol 30D
29.8%
Annualised
Bollinger upper
138.53
20, 2σ
Bollinger lower
125.25
20, 2σ
50 / 200 cross
Golden
133.52 vs 132.38
Trend bias
Above 200
+2.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.75
More volatile than market
Correlation to SPY
0.53
Loosely linked
Realised vol 30D
29.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-30.0%
Peak to trough
Max drawdown 5Y
-42.5%
Peak to trough
ATR 14
4.19
3.07% of price
Beta (reported)
1.03
5Y monthly, from filing
Short interest
Shares short
1.49M
Prior 1.40M
Change vs prior
+6.4%
Shorts adding
% of float
4.99%
Normal
% of shares out
3.64%
Against total outstanding
Days to cover
5.7
Crowded exit
Float
28.25M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 24, 26 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Aug 11, 26 | UBS | MAINTAINED | Buy | Buy |
| Jul 14, 26 | Raymond James | MAINTAINED | Strong Buy | Strong Buy |
| Jun 25, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Jun 18, 26 | Jefferies | INITIATED | — | Buy |
| Jun 3, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| May 26, 26 | UBS | MAINTAINED | Buy | Buy |
| May 15, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| May 15, 26 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Apr 13, 26 | Goldman Sachs | UPGRADE | Neutral | Buy |
| Mar 27, 26 | UBS | MAINTAINED | Buy | Buy |
| Mar 24, 26 | Barclays | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate$6.84 / yr
Forward yield4.95%
5-year avg yield2.47%
Payout ratio43.66%
Ex-dividend dateAug 31, 2026
Next pay dateSep 15, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-10
Corporate Changes & Voting Matters
6-K · 2026-08-07
Corporate Changes & Voting Matters
6-K · 2026-08-05
Corporate Changes & Voting Matters
6-K · 2026-07-15
Corporate Changes & Voting Matters
6-K · 2026-07-08
Corporate Changes & Voting Matters
6-K · 2026-06-12
Corporate Changes & Voting Matters
6-K · 2026-05-18
Corporate Changes & Voting Matters
6-K · 2026-05-14
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PRIVATE STRATEGY · BY QUALIFICATION
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