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Updated 1m ago
AZUL3 logo

Azul S.A.BOVESPA:AZUL3 Stock Report

Market Cap R$6.5b
Updated 1m ago
Share Price
n/a
1Yn/a
7D-7.8%
1D-2.9%
Portfolio Value
​
View

Azul S.A.

BOVESPA:AZUL3 Stock Report

Market Cap: R$6.5b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Azul (AZUL3) Stock Overview

Provides air transportation services in Brazil and internationally. More details

AZUL3 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends0/6

Rewards

Trading at 90.7% below our estimate of its fair value

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Negative shareholders equity

Interest payments are not well covered by earnings


AZUL3 Community Fair Values

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Learn moreCreate Narrative
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442,170 investors already sharing narratives
R$
Current Price
R$17.52260.5% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-12b28b2016201920222025202620282031Revenue R$28.2bEarnings R$2.1b
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Azul S.A. Competitors

EcoRodovias Infraestrutura e Logística

Symbol: BOVESPA:ECOR3
Market cap: R$5.7b

Hidrovias do Brasil

Symbol: BOVESPA:HBSA3
Market cap: R$4.6b

Vamos Locação de Caminhões Máquinas e Equipamentos

Symbol: BOVESPA:VAMO3
Market cap: R$4.0b

MRS Logística

Symbol: BOVESPA:MRSA3B
Market cap: R$13.8b

Price History & Performance

Summary of share price highs, lows and changes for Azul
Historical stock prices
Current Share PriceR$17.52
52 Week HighR$1,316.09
52 Week LowR$16.80
Beta0
1 Month Change-16.97%
3 Month Change-20.58%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-96.20%

Recent News & Updates

Analysis Article • Jan 21

Getting In Cheap On Azul S.A. (BVMF:AZUL53) Is Unlikely

There wouldn't be many who think Azul S.A.'s ( BVMF:AZUL53 ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...

Recent updates

Analysis Article • Jan 21

Getting In Cheap On Azul S.A. (BVMF:AZUL53) Is Unlikely

There wouldn't be many who think Azul S.A.'s ( BVMF:AZUL53 ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...

Shareholder Returns

AZUL3BR AirlinesBR Market
7D-7.8%0%0%
1Yn/a0%0%

Return vs Industry: Insufficient data to determine how AZUL3 performed against the BR Airlines industry.

Return vs Market: Insufficient data to determine how AZUL3 performed against the BR Market.

Price Volatility

Is AZUL3's price volatile compared to industry and market?
AZUL3 volatility
AZUL3 Average Weekly Movement5.5%
Airlines Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in BR Market0%
10% least volatile stocks in BR Market0%

Stable Share Price: AZUL3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: AZUL3's weekly volatility has decreased from 23% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200815,367John Rodgersonwww.voeazul.com.br

Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. It is also involved in the cargo or postal; passenger charter; development of frequent-flyer programs; intellectual property owner; travel packages; funding: aircraft financing; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition, and lease services. As of December 31, 2025, the company operated approximately 970 daily departures to 160 destinations through a network of 390 non-stop routes; with an operating fleet of 176 aircraft and a passenger contractual fleet of 227 aircraft.

Azul S.A. Fundamentals Summary

How do Azul's earnings and revenue compare to its market cap?
AZUL3 fundamental statistics
Market capR$6.46b
Earnings (TTM)R$1.62b
Revenue (TTM)R$21.75b
4.0x
P/E Ratio
0.3x
P/S Ratio

Is AZUL3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZUL3 income statement (TTM)
RevenueR$21.75b
Cost of RevenueR$17.21b
Gross ProfitR$4.55b
Other ExpensesR$2.92b
EarningsR$1.62b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Nov 11, 2026

Earnings per share (EPS)4.40
Gross Margin20.90%
Net Profit Margin7.46%
Debt/Equity Ratio-191.7%

How did AZUL3 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 05:43
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Azul S.A. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andre FerreiraBradesco S.A. Corretora de Títulos e Valores Mobiliários
Hamed KhorsandBWS Financial Inc.
Michael LinenbergDeutsche Bank

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