Azul (AZUL) Stock Overview

Provides air transportation services in Brazil and internationally. More details

AZUL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

Rewards

Trading at 84.4% below our estimate of its fair value

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been substantially diluted in the past year

Negative shareholders equity

Earnings are forecast to decline by an average of 54.3% per year for the next 3 years

+ 2 more risks

AZUL Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

View all narratives

Azul S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Azul
Historical stock prices
Current Share Price	R$8.60
52 Week High	R$495.00
52 Week Low	R$3.90
Beta	0
1 Month Change	-3.91%
3 Month Change	120.51%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-98.26%

Recent updates

Shareholder Returns

	AZUL	US Airlines	US Market
7D	0.1%	5.5%	2.3%
1Y	n/a	52.7%	25.5%

Return vs Industry: Insufficient data to determine how AZUL performed against the US Airlines industry.

Return vs Market: Insufficient data to determine how AZUL performed against the US Market.

Price Volatility

Is AZUL's price volatile compared to industry and market?
AZUL volatility
AZUL Average Weekly Movement	n/a
Airlines Industry Average Movement	8.8%
Market Average Movement	7.2%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: AZUL's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine AZUL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2008	15,367	John Rodgerson	www.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?
AZUL fundamental statistics
Market cap	US$1.59b
Earnings (TTM)	US$878.27m
Revenue (TTM)	US$4.25b

1.7x

P/E Ratio

0.4x

P/S Ratio

Is AZUL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AZUL income statement (TTM)
Revenue	R$21.72b
Cost of Revenue	R$16.66b
Gross Profit	R$5.06b
Other Expenses	R$570.31m
Earnings	R$4.49b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 11, 2026

Earnings per share (EPS)	12.19
Gross Margin	23.31%
Net Profit Margin	20.68%
Debt/Equity Ratio	-257.4%

How did AZUL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/17 01:05
End of Day Share Price	2026/06/17 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 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 Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 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 world class team 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 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andre Ferreira	Bradesco S.A. Corretora de Títulos e Valores Mobiliários
Carlos Palhares Sequeira	BTG Pactual
Lucas Marquiori	BTG Pactual

Azul S.A.NYSEAM:AZUL Stock Report