Azul S.A.

Azul S.A.

AZUL
Azul S.A.US flagNew York Stock Exchange American
0.50
USD
- -
- -
155.88MMarket Cap
Azul S.A.
AZUL
(New York Stock Exchange American)

Recent

price

0.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.49
10.84
17.11
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
Revenue per Share
-0.61
-0.66
-1.08
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
Basic EPS, GAAP
0.08
-0.37
-0.11
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
-4.25
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.13
0.46
-0.15
-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
-20.8
Book Value per Share
1.06
0.26
-3.24
-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
Tangible Book Value per Share
159
159
159
159
159
159
159
162
163
165
166
167
168
168
168
448
336
Basic Weighted Avg Shares
871
1,721
2,717
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
Sales/Revenue/Turnover
-5.84
1.46
0.32
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
Operating Margin (%)
51
88
106
200
198
218
301
1,063
1,284
1,622
1,806
1,544
2,094
2,404
2,564
3,013
2,201
Depreciation Expense
-98
-105
-171
21
-65
-1,075
-126
425
-636
-2,403
-10,835
-4,213
-722
-2,380
-9,151
125
4,317
Net Income, GAAP
- -
- -
- -
78.47
- -
- -
815.01
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Effective Tax Rate (%)
-11.2
-6.13
-6.29
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
Profit Margin (%)
-140
-88
-957
-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
Working Capital
707
1,274
2,242
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
LT Debt
180
58
351
476
416
-392
1,002
-391
-1,150
-3,519
-14,149
-18,333
-19,008
-21,328
-30,435
-29,038
-3,774
Total Equity
- -
- -
- -
2.87
- -
- -
-51.2
- -
- -
- -
- -
- -
- -
- -
- -
39.69
- -
Return on Invested Capital (%)
- -
- -
- -
2.58
- -
- -
-121.05
- -
- -
- -
- -
- -
- -
- -
- -
101.87
105.47
Return on Capital (%)
- -
-83.67
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
3,631
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
- -
- -
- -
- -
- -
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

APIChat
  • 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

  • Payara and Azul Announce Strategic Partnership to Power High-Performance Java Deployments and Codeless Migrations

  • Azul and OpenValue Expand Partnership to North America as OpenValue Introduces Global Oracle Java Migration Guarantees

  • Azul and Chainguard Partner to Strengthen Container Security for Java Workloads

  • Embraer: What Are The Impacts After Azul Files For Chapter 11?