Copa HoldingsCPA +0.10%86 Dividend Payout Ratio is 0.33 as of Mar. 2026, which is 15% below its 10-year median of 0.39. GuruFocus rates CPA with a GF Score™ of 86/100 and a GF Value™ of $114.10 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 566 Transportation companies, Copa Holdings ranks better than 59.36% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Copa Holdings's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.33.
The historical rank and industry rank for Copa Holdings's Dividend Payout Ratio or its related term are showing as below:
CPA'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.39 Max: 0.53
Current: 0.38
During the past 13 years, the highest Dividend Payout Ratio of Copa Holdings was 0.53. The lowest was 0.22. And the median was 0.39.
CPA's Dividend Payout Ratio is ranked better than 59.36% of 566
companies
in the Transportation industry
Industry Median: 0.45
vs CPA: 0.38
During the past 12 months, Copa Holdings's average Dividends Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Copa Holdings was 127.40% per year. The lowest was -31.80% per year. And the median was 11.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Copa Holdings (NYSE:CPA) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Copa Holdings Dividend Payout Ratio Related Terms
Copa Holdings Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Copa Holdings's Dividend Payout Ratio 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.
CPA vs ALK, SKYW, ALGT: Dividend Payout Ratio Comparison
For the Airlines subindustry, Copa Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Copa Holdings's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Copa Holdings's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Copa Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (CPA) has a Dividend Payout Ratio of 0.33 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Copa Holdings and its competitors. This is 15% below median its historical median of 0.39. Over the past decade, Copa Holdings' Dividend Payout Ratio has ranged from 0.22 to 0.53. According to the industry distribution chart, Copa Holdings ranks #230 out of 566 companies in the Transportation industry, placing it in the top 40.6%.
Is Copa Holdings' Dividend Payout Ratio too high?
Copa Holdings' current Dividend Payout Ratio of 0.33 is 15% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.53. The Transportation industry median Dividend Payout Ratio is 0.45. Copa Holdings' value of 0.33 is 26.7% below this industry median. Based on the distribution chart, Copa Holdings ranks #230 out of 566 companies in the Transportation industry, which is above the industry midpoint. Overall, Copa Holdings has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Copa Holdings' Dividend Payout Ratio compare to ALK and SKYW?
According to the Transportation industry distribution chart, Copa Holdings ranks #230 out of 566 companies for Dividend Payout Ratio. This puts Copa Holdings in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Copa Holdings' value of 0.33 is 26.7% below this benchmark. Historically, Copa Holdings' own Dividend Payout Ratio has ranged from 0.22 to 0.53 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.45, Copa Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copa Holdings's current Dividend Payout Ratio of 0.33 is 26.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Copa Holdings and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copa Holdings's current Dividend Payout Ratio is 0.33, which is 15% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Copa Holdings (CPA) is currently considered Significantly Overvalued. The stock's GF Value™ is $114.10, compared to a current price of $157.19 — trading 37.8% above its estimated fair value. The current Dividend Payout Ratio is 0.33, which is 15% below median its 10-year median of 0.39 and 26.7% below the Transportation industry median of 0.45. Copa Holdings' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Copa Holdings (CPA), the current Dividend Payout Ratio is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Copa Holdings (CPA) Overvalued in 2026?
Based on GuruFocus' analysis, Copa Holdings stock appears to be overvalued.
The current stock price of $157.19 is trading 37.8% above its estimated GF Value™ of $114.10.
GuruFocus considers Copa Holdings to be Significantly Overvalued.
Key valuation signals for CPA:
Dividend Payout Ratio: 0.33 (15% below median its 10-year median of 0.39)
GF Value™: $114.10 vs. price of $157.19 (37.8% above fair value)
Industry Position: 26.7% below the Transportation median (#230 of 566)
No single metric tells the full story. See the CPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Copa Holdings SA is a provider of airline passenger and cargo services 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 the Caribbean. It derives the maximum revenue from North America.
86GF Score
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