Azul SA (AZUL) stock
AZULNYSEAir Transportation, ScheduledFiscal year ends December 31Also trades as AZUXY
$4.50−0.50 (-10.00%)
Close on Nov 13, 2026Market cap $494.25MP/E –Yield –
Azul operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 20.0%, against 17.4% the year before. The highest annual figure on record is 20.0% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.0% | +2.6 |
| FY2024 | Dec 31, 2024 | 17.4% | +8.4 |
| FY2023 | Dec 31, 2023 | 9.0% | −0.0 |
| FY2022 | Dec 31, 2022 | 9.0% | +8.4 |
| FY2021 | Dec 31, 2021 | 0.5% | +24.9 |
| FY2020 | Dec 31, 2020 | -24.4% | −13.9 |
| FY2019 | Dec 31, 2019 | -10.4% | −23.6 |
| FY2018 | Dec 31, 2018 | 13.2% | −3.0 |
| FY2017 | Dec 31, 2017 | 16.1% | +11.0 |
| FY2016 | Dec 31, 2016 | 5.2% | +7.8 |
| FY2015 | Dec 31, 2015 | -2.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2018 | Mar 31, 2018 | 12.5% | – |
| Q1 FY2017 | Mar 31, 2017 | 11.0% | – |
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