AZUL4AZUL S.A.Company Data · 2T26updated 2026-08-24
1 Overview 4T16 — 2T26 · 39 quarters
AZUL S.A.
AZUL4Emp. Adm. Part. - Serviços Transporte e Logística
SectorEmp. Adm. Part. - Serviços Transporte e Logística
Company Headquarters
Full Time Employees
CEO
Listing SegmentNível 2 de Governança Corporativa
Foundation2008
Customer Rating
Employee Rating
Estrutura Acionária
68%Free Float
Readystate Asset Management, LP10%
United Airlines Inc.9%
BlackBarn Capital Master Fund, LP8%
VR Global Partners, L.P.5%
Free Float68%
Valuation
Price
Shares Outstanding368.558
Market Capitalization
( - ) Cash & Equivalents1.269
( + ) Total Debt21.416
( = ) Enterprise Value
P/E
EV / EBITDA
R$
Adj close · daily
Income Statement
Revenue21.754
EBITDA7.153
EBIT4.316
Net Income1.623
SG&A %(6,7%)
Balance Sheet
Assets30.785
Cash1.269
Total Debt21.416
Net Debt20.147
Fixed Assets12.930
Working Capital(3.338)
Equity(5.155)
Invested Capital & Reinvestment
Invested Capital Turnover0,94x
Marginal IC Turnover0,05x
Reinvestment % NOPAT182,3%
Working Capital Turnover(7,18x)
Cash Conv. Cycle(4,1)
Fixed Assets Turnover1,61x
D&A % Fixed Assets20,2%
Capex % Revenue2,4%
-5,0 %
RoIC · LTM
RoIC (LTM)
Margins & Returns
Revenue Growth3,5%
Gross Margin20,9%
EBITDA Margin32,9%
Net Income Margin7,5%
Effective Tax Rate127,6%
Operating Leverage5,70x
RoIC(5,0%)
RoE(9,9%)
Capital Structure
Current Ratio0,42x
Financial Leverage(5,97x)
Asset Turnover0,77x
Net Debt / EBITDA2,82x
Net Debt & Lease / EBITDA4,43x
Cash Flow
CFO Conversion(19,4%)
FCFF Yield-
FCFE Yield-
Payout Ratio0,0%
Dividend Yield-
Interest % FCFF10,3%
Latest CVM filings
  • 2026-08-14reported 2T26
  • 2026-05-07reported 1T26
  • 2026-03-27reported 4T25
  • 2025-11-14reported 3T25
  • 2025-08-14reported 2T25
  • 2025-05-14reported 1T25