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Copa Holdings (Copa Holdings) Pretax Margin % : 23.12% (As of Dec. 2023)


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What is Copa Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Copa Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $211 Mil. Copa Holdings's Revenue for the three months ended in Dec. 2023 was $913 Mil. Therefore, Copa Holdings's pretax margin for the quarter that ended in Dec. 2023 was 23.12%.

The historical rank and industry rank for Copa Holdings's Pretax Margin % or its related term are showing as below:

CPA' s Pretax Margin % Range Over the Past 10 Years
Min: -78.75   Med: 11.97   Max: 17.68
Current: 17.68


CPA's Pretax Margin % is ranked better than
76.54% of 972 companies
in the Transportation industry
Industry Median: 6.875 vs CPA: 17.68

Copa Holdings Pretax Margin % Historical Data

The historical data trend for Copa Holdings's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Copa Holdings Pretax Margin % Chart

Copa Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 -78.75 3.60 13.09 17.68

Copa Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.47 16.40 5.35 24.73 23.12

Competitive Comparison of Copa Holdings's Pretax Margin %

For the Airlines subindustry, Copa Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Copa Holdings's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Copa Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Copa Holdings's Pretax Margin % falls into.



Copa Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Copa Holdings's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=611.102/3457.004
=17.68 %

Copa Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=211.071/912.84
=23.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Copa Holdings  (NYSE:CPA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Copa Holdings Pretax Margin % Related Terms

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Copa Holdings (Copa Holdings) Business Description

Traded in Other Exchanges
Address
Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN
Copa Holdings SA is a provider of airline passenger and cargo service through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama and domestic and international air transportation for passengers, cargo and mail with a point-to-point route network through Copa Colombia a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and Caribbean. It derives a majority of revenue from South America.