Azul SA ADR Dossier
Financial Snapshot
Revenue, profitability, returns, debt, and capital allocation
Revenue $4B+25.1% YoYTTM through 31 Dec 2025
Net Income $22.8MTTM through 31 Dec 2025
Free Cash Flow -$261.3MTTM through 31 Dec 2025
Margins
| Current | |
|---|---|
| EBITDA Margin | 33.9% |
| Operating Margin | 20.0% |
| Net Margin | 0.6% |
Returns
-0.4%ROE
0.5%ROA
0.2%ROIC
Balance Sheet Health
Debt / Equity-3.88x
Current Ratio0.21x
Net Debt$19.6B
Cash & Equivalents$991.6M
Quality Metrics
Piotroski F-Score4 / 9
FCF Margin-6.6%
Rule of 40-1.5
Multi-Year Trend
RevenueFY2025: $21.6B
Dividend
No dividend
Capital Allocation
Capex Intensity5.0%
Segment Performance
| Segment | Revenue | YoY | Outlook |
|---|---|---|---|
| Beyond the Metal (Loyalty, Cargo, Tourism) | View detailsThe company continues to focus on high-margin business units to diversify its revenue base beyond traditional passenger ticket sales. |
Financials converted at 5.4762 from BRL.
Filing Detail Members
This section is available to registered members. Create a free account or sign in to unlock the full breakdown.