Azul S.A.

Azul S.A.

AZUL
Azul S.A.US flagNew York Stock Exchange
8.53
USD
+0.05
- -
886.41MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
32.96
36.55
39.41
42.01
47.61
55.51
69.53
34.67
59.86
95.13
110.69
116.41
48.31
64.65
Basic EPS, GAAP
0.13
-0.41
-6.77
-0.8
2.62
-3.9
-14.6
-65.39
-25.28
-4.31
-14.2
-54.56
0.28
12.85
Free Cash Flow per Basic Share
3.87
-0.95
-10.35
-2.44
1.63
3.54
6.28
3.16
-6.53
9.63
16.74
11.15
-3.61
-4.17
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.02
-0.43
-7.17
-1.61
-14.04
-17.8
-32.04
-97.2
-121.65
-125.11
-139.31
-193.77
-61.53
-20.59
Tangible Book Value per Share
-2.56
-2.99
-8.28
0.37
-8.35
-13.28
-27.99
-92.46
-118.16
-121.89
-135.97
-190.74
-68.25
-15.8
Basic Weighted Avg Shares
159
159
159
159
162
163
165
166
167
168
168
168
448
336
Sales/Revenue/Turnover
5,234
5,803
6,258
6,670
7,705
9,057
11,442
5,744
9,976
15,948
18,554
19,526
21,640
21,717
Operating Margin (%)
8.95
6.91
-2.68
5.16
16.13
13.18
14.87
-37.55
-10.23
2.05
7.63
16.63
14.64
12.8
Depreciation Expense
200
198
218
301
1,063
1,284
1,622
1,806
1,544
2,094
2,404
2,564
3,013
2,853
Net Income, GAAP
21
-65
-1,075
-126
425
-636
-2,403
-10,835
-4,213
-722
-2,380
-9,151
125
4,317
Effective Tax Rate (%)
78.47
- -
- -
815.01
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Profit Margin (%)
0.4
-1.12
-17.18
-1.89
5.51
-7.02
-21
-188.62
-42.23
-4.53
-12.83
-46.87
0.58
19.88
Working Capital
-1,287
-1,029
-2,205
-1,707
-653
-1,586
-2,723
-4,795
-5,864
-10,184
-9,705
-15,684
-23,170
-7,251
LT Debt
2,251
2,692
3,562
3,049
8,588
10,279
13,558
16,751
20,388
18,066
21,234
28,897
18,942
17,077
Total Equity
476
416
-392
1,002
-391
-1,150
-3,519
-14,149
-18,333
-19,008
-21,328
-30,435
-29,038
-3,774
Return on Invested Capital (%)
2.87
- -
- -
-51.2
- -
- -
- -
- -
- -
- -
- -
- -
39.69
- -
Return on Capital (%)
2.58
- -
- -
-121.05
- -
- -
- -
- -
- -
- -
- -
- -
101.87
105.47
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15,375
17,226
3,566
LT Borrowings
9,530
9,585
8,645
LT Finance Leases
12,961
9,358
8,432
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
896
896
- -
Market Capitalization
807
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7,299
6,304
7,228
Cash, Cash Equivalents & STI
1,765
1,018
2,088
Accounts Receivable, Net
2,648
2,723
2,570
Inventories
1,022
973
975
Total Current Liabilities
26,828
29,473
14,479
Payables & Accruals
4,920
5,509
4,549
ST Debt
15,375
17,226
3,566
Deferred Revenue
6,007
6,241
5,675

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.13%
16.71%
-4.59%
Free Cash Flow
-79.71%
-140.45%
-186.56%
Net Income, GAAP
12.34%
53.73%
-101.36%
Sales/Revenue/Turnover
18.22%
33.19%
10.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,678
4,173
5,130
5,545
19,526
2025
5,394
4,942
5,737
5,567
21,640
2026
5,471
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-6.27
-21.23
0.72
-26.31
-54.56
2025
7.66
2.89
-3.05
-3.64
0.28
2026
33,079,071.43
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
John Peter Rodgerson
Full Time Employees
15,367
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
Avenida Marcos Penteado de Ulhôa Rodrigues Barueri SP Brazil 06460-040
IPO Date
Apr 11, 2017
Business
Azul S.A. (AZUL) operates as Brazil's leading low-cost airline, providing passenger air transportation services domestically and internationally; cargo and mail transport via Azul Cargo Express; loyalty programs through TudoAzul, encompassing points accumulation, redemption, and co-branded credit cards; passenger charter services; travel packages; aircraft financing; and maintenance, hangarage, and leasing for aircraft, engines, and parts. The company serves over 150 destinations, primarily within Brazil through an extensive point-to-point network and hubs in Campinas (Viracopos), Belo Horizonte, and Recife, with international routes to the United States, Europe, and South America; it targets business and leisure travelers, e-commerce firms, and frequent flyers, operating as the sole carrier on approximately 81% of its routes. Founded in 2008 and headquartered in Barueri, São Paulo, Brazil, Azul S.A. maintains subsidiaries for cargo, loyalty, and related services, focusing on underserved regional markets with a fleet optimized for efficiency. In late 2024, the company finalized agreements with aircraft lessors, bondholders, and original equipment manufacturers, securing up to US$500 million in new financing—including US$150 million immediately, US$250 million shortly thereafter, and US$100 million additionally—while renegotiating obligations to reduce debt by over US$800 million and improve cash flow by US$550 million; it also anticipates eight new aircraft deliveries by year-end, enabling a 15% capacity increase and 3,048 extra flights for the peak summer season.

Company News

APIChatGPT
  • Azul S.A. (AZUL) Analyst/Investor Day Transcript

  • NYSE Content Update: Brazilian Airline Azul Takes Flight on NYSE Big Board

  • US airlines' spent over $6 billion on monthly fuel in May amid Iran war — up 84% from year ago

  • Azul to List on the NYSE and Voluntarily Delist from NYSE American

  • Azul S.A. (AZLUY) Q1 2026 Earnings Call Transcript

  • Jet Fuel Prices Are Soaring. Airlines and Travelers Will Feel It.

  • Max Reports High-Grade Channel Results at Its Sierra Azul Project District-Scale Manto-Style Copper Silver System

  • Azul Files 20-F Annual Report for Fiscal Year 2025 in the U.S.

  • Azul S.A. (AZLUY) Q4 2025 Earnings Call Transcript

  • Azul Core Helps Sasol Reduce Java Licensing Costs by 92% While Improving Security and Compliance

  • Azul S.A. Successfully Emerges from Chapter 11

  • Azul S.A. Appoints John S. Slattery to its Strategy Committee

  • Brazil's airline Azul exits Chapter 11 bankruptcy proceedings

  • Azul Resources II Announces Commitment from Carnelian Energy Capital

  • Azul Announces Offering of Debt Securities and Update its Credit Rating Report

  • Azul Launches Technology Alliance Partner Program to Accelerate Innovation and Expand the Ecosystem of Java Solutions

  • Azul Platform Prime Achieves Historic First with 10,000+ JVMs Collaborating and Sharing Performance Optimizations, Cutting Cloud Costs by More than 20%

  • Azul Launches Managed Services Program for Partners Built on Azul Intelligence Cloud

  • dstgroup Backs Gazelle Wind Power with €1,5M Strategic Investment to Advance Nau Azul Project and Demonstrate Scalable Floating Platform for +15MW Wind Turbines

  • Azul and RapidFort Partner to Deliver Near-Zero CVE Enterprise Grade Java Container Images, Backed by Commercial Java Support