MetaCap

Copa S.A. (CPA) vs Frontier Group (ULCC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Frontier Group (ULCC) has outperformed Copa S.A. (CPA) over the past year, gaining 38.0% versus a gain of 13.0%. Over five years, CPA leads with a +62.6% price change compared with -62.7% for ULCC. Copa S.A. is the larger company by market cap ($5.49 billion vs $1.37 billion), about 4.0 times the size.

On valuation, Copa S.A. trades at a lower forward P/E (7.1x vs 23.5x for Frontier Group). Copa S.A. pays a dividend yielding 4.94%, while Frontier Group does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CPA+13.04%ULCC+37.95%
+89%+27%-35%
Oct 7, 20251 yearOct 7, 2026
CPA+58.21%ULCC-63.43%
+91%+1%-89%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CPA versus ULCC key metrics
MetricCPAULCC
Share price$134.52$5.93
Market cap$5.49B$1.37B
1-day change-1.28%-2.31%
YTD return+12.98%+28.87%
1-year return+13.04%+37.95%
5-year return+62.63%-62.67%
P/E ratio (TTM)8.84—
Forward P/E7.0523.50
EPS (TTM)$15.21$-1.68
Dividend yield4.94%0.00%
Annual dividend$6.64$0.00
Revenue (latest FY)$3.62B—
Revenue growth (YoY)+4.98%—
Net income (latest FY)$671.65M—
Operating margin22.64%—
Net margin18.56%—
52-week high$160.47$8.41
52-week low$107.44$3.02
Distance from 52-week high-16.17%-29.45%
Analyst consensusstrong_buyhold
Avg. price target upside+32.87%+8.60%
Average volume298.10K3.17M
Shares outstanding29.88M230.22M
Employees8,5658,352
SectorConsumer DiscretionaryConsumer Discretionary
IndustryAir Freight/Delivery ServicesAir Freight/Delivery Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Copa S.A. is about 4.0 times larger than Frontier Group by market value ($5.49B vs $1.37B).
  • ULCC has outperformed CPA by 24.9 percentage points over the past year.
  • Copa S.A. offers a meaningfully higher dividend yield (4.94% vs 0.00%).

About Copa S.A.

CPA stock →

Copa Holdings, S.A., through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean. As of December 31, 2025, it operated through a fleet of 125 aircraft.

Consumer Discretionary · Air Freight/Delivery Services · 8,565 employees

About Frontier Group

ULCC stock →

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, such as websites, mobile apps, and contact centers.

Consumer Discretionary · Air Freight/Delivery Services · 8,352 employees

CPA vs ULCC FAQ

Which is bigger, Copa S.A. or Frontier Group?

Copa S.A. (CPA) is larger, with a market capitalization of $5.49B compared with $1.37B for Frontier Group (ULCC).

Which stock has performed better over the past year, CPA or ULCC?

ULCC returned +37.95% over the past 12 months, compared with +13.04% for CPA (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Copa S.A. or Frontier Group?

Copa S.A. pays a dividend yielding 4.94%, while Frontier Group does not currently pay a regular dividend.

Are Copa S.A. and Frontier Group in the same industry?

Yes. Both are classified in the Air Freight/Delivery Services industry within the Consumer Discretionary sector.

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