CPA (Copa Holdings) Total Operating Expense: $467 Mil (TTM As of Mar. 2026)


CPA Copa Holdings SA CPA
86 GF Score
Price $154.79
GF Value $114.10
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Copa Holdings Total Operating Expense?

Copa Holdings CPA -0.48% 86 Total Operating Expense is $467 Mil as of Mar. 2026. 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.

Copa Holdings's Total Operating Expense for the three months ended in Mar. 2026 was $119 Mil. Copa Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $467 Mil.


Copa Holdings Total Operating Expense Related Terms


Copa Holdings Total Operating Expense Historical Data

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The historical data trend for Copa Holdings's Total Operating Expense 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.

Copa Holdings Total Operating Expense Chart

Copa Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.07 447.15 467.72 474.61 467.48

Copa Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 119.28 115.15 124.40 108.65 119.00
CPA
86GF Score
Copa Holdings SA CPA
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Copa Holdings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $467 Mil.

* 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.

What does a Total Operating Expense of $467 Mil mean?
Copa Holdings (CPA) has a Total Operating Expense of $467 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Copa Holdings and its competitors.
Is Copa Holdings' Total Operating Expense too high?
Copa Holdings' current Total Operating Expense is $467 Mil. 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' Total Operating Expense compare to ALK and SKYW?
Copa Holdings' Total Operating Expense of $467 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Transportation company?
A good Total Operating Expense depends on the Transportation industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Copa Holdings and its competitors. Copa Holdings's current Total Operating Expense is $467 Mil. 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 $154.79 — trading 35.7% above its estimated fair value. The current Total Operating Expense is $467 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Copa Holdings (CPA), the current Total Operating Expense is $467 Mil 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 $154.79 is trading 35.7% above its estimated GF Value™ of $114.10. GuruFocus considers Copa Holdings to be Significantly Overvalued.

Key valuation signals for CPA:

  • Total Operating Expense: $467 Mil
  • GF Value™: $114.10 vs. price of $154.79 (35.7% above fair value)
  • GF Score™: 86/100 with 8 warning signs

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 Business Description

Other Exchanges C2H:Germany
Address Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN, 0816-06819
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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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$154.79
Price
$114.10
GF Value