Financial Snapshot

Revenue
$18.87B
TTM
Gross Margin
59.01%
TTM
Net Earnings
-$6.071B
TTM
Current Assets
$5.011B
Q3 2024
Current Liabilities
$18.52B
Q3 2024
Current Ratio
27.06%
Q3 2024
Total Assets
$23.40B
Q3 2024
Total Liabilities
$49.44B
Q3 2024
Book Value
-$26.04B
Q3 2024
Cash
$1.082B
Q3 2024
P/E
-0.04314
Nov 29, 2024 EST
Free Cash Flow
$2.209B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $18.55B $15.95B $9.976B $5.744B $11.44B $9.057B $7.705B $6.670B $6.258B $5.803B
YoY Change 16.34% 59.87% 73.67% -49.8% 26.33% 17.55% 15.52% 6.58% 7.84%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $18.55B $15.95B $9.976B $5.744B $11.44B $9.057B $7.705B $6.670B $6.258B $5.803B
Cost Of Revenue $7.848B $8.707B $4.877B $2.727B $4.641B $3.882B $3.181B $4.200B $4.423B $3.553B
Gross Profit $10.71B $7.242B $5.099B $3.017B $6.801B $5.175B $4.524B $2.470B $1.835B $2.250B
Gross Profit Margin 57.7% 45.41% 51.11% 52.52% 59.44% 57.14% 58.72% 37.03% 29.32% 38.77%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $3.188B $2.654B $2.152B $1.756B $2.312B $1.782B $1.606B $1.559B $1.482B $1.353B
YoY Change 20.12% 23.28% 22.58% -24.05% 29.74% 10.96% 3.01% 5.2% 9.53%
% of Gross Profit 29.77% 36.64% 42.22% 58.2% 34.0% 34.43% 35.5% 63.12% 80.76% 60.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.404B $2.094B $1.544B $1.806B $3.671B $1.284B $1.063B $301.2M $218.0M $197.8M
YoY Change 14.79% 35.62% -14.47% -50.81% 185.87% 20.75% 253.05% 38.17% 10.21%
% of Gross Profit 22.46% 28.92% 30.29% 59.85% 53.98% 24.81% 23.51% 12.19% 11.88% 8.79%
Operating Expenses $9.297B $6.452B $6.127B $5.174B $5.114B $3.981B $3.281B $2.126B $2.002B $1.849B
YoY Change 44.09% 5.31% 18.42% 1.17% 28.46% 21.33% 54.33% 6.19% 8.27%
Operating Profit $1.409B $789.2M -$1.029B -$2.157B $1.687B $1.194B $1.243B $344.0M -$167.0M $401.0M
YoY Change 78.55% -176.72% -52.31% -227.86% 41.29% -3.94% 261.34% -305.99% -141.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense -$3.579B -$2.515B -$4.046B -$8.273B -$1.086B -$1.451B -$656.0M -$106.0M -$677.0M -$397.0M
YoY Change 42.28% -37.83% -51.1% 661.79% -25.16% 121.19% 518.87% -84.34% 70.53%
% of Operating Profit -253.96% -318.7% -64.37% -121.52% -52.78% -30.81% -99.0%
Other Income/Expense, Net -4.002B brls -$100.0K -$222.3M -$1.405B -$255.0M -$196.0M -$173.0M -$220.0M -$232.0M -$91.00M
YoY Change 4001924.0% -99.96% -84.18% 450.98% 30.1% 13.29% -21.36% -5.17% 154.95%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income -$2.341B -$1.380B -$4.213B -$11.08B -$2.536B -$453.0M $414.0M $18.00M -$1.077B -$87.00M
YoY Change 69.68% -67.26% -61.96% 336.79% 459.82% -209.42% 2200.0% -101.67% 1137.93%
Income Tax $39.53M $0.00 $0.00 -$243.0M -$133.0M $183.0M -$10.00M $144.0M -$3.000M -$22.00M
% Of Pretax Income -2.42% 800.0%
Net Earnings -2.380B brls -$1.380B -$4.213B -$10.84B -$2.403B -$636.0M $425.0M -$126.0M -$1.075B -$65.00M
YoY Change 72.55% -67.26% -61.11% 350.89% 277.83% -249.65% -437.3% -88.28% 1553.85%
Net Earnings / Revenue -12.83% -8.65% -42.23% -188.63% -21.0% -7.02% 5.52% -1.89% -17.18% -1.12%
Basic Earnings Per Share
Diluted Earnings Per Share -$6.61 -$3.21 -$11.77M -$30.52M -$6.807M -$1.817M $1.296M -$522.8K -$4.461M -$269.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $1.897B $668.3M $3.075B $3.157B $1.710B $1.687B $1.798B $880.0M $666.0M $889.0M
YoY Change 183.9% -78.27% -2.59% 84.62% 1.36% -6.17% 104.32% 32.13% -25.08%
Cash & Equivalents $1.625B $668.3M $2.844B $3.065B $1.339B $799.0M $762.0M $392.0M $495.0M $320.0M
Short-Term Investments $0.00 $1.430M $92.00M $62.00M $517.0M $1.036B $331.0M $30.00M $500.0M
Other Short-Term Assets $1.004B $1.373B $1.015B $725.0M $787.0M $376.0M $431.0M $206.0M $403.0M $161.0M
YoY Change -26.85% 35.2% 40.05% -7.88% 109.31% -12.76% 109.22% -48.88% 150.31%
Inventory $799.2M $721.7M $571.9M $403.0M $261.0M $200.0M $150.0M $107.0M $92.00M $88.00M
Prepaid Expenses
Receivables $1.109B $1.804B $997.9M $875.0M $1.166B $1.069B $914.0M $526.0M $548.0M $507.0M
Other Receivables $234.0M $305.1M $185.9M $258.0M $215.0M $358.0M $171.0M $192.0M $145.0M $180.0M
Total Short-Term Assets $5.044B $4.872B $5.846B $5.417B $4.139B $3.690B $3.465B $1.910B $1.855B $1.825B
YoY Change 3.54% -16.67% 7.93% 30.88% 12.17% 6.49% 81.41% 2.96% 1.64%
Property, Plant & Equipment $11.31B $9.506B $7.961B $6.410B $9.554B $7.401B $6.633B $3.440B $3.553B $2.498B
YoY Change 18.95% 19.41% 24.19% -32.91% 29.09% 11.58% 92.82% -3.18% 42.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $780.3M $733.0M $906.7M $854.0M $1.398B $1.288B $836.0M $753.0M $0.00 $0.00
YoY Change 6.45% -19.16% 6.17% -38.91% 8.54% 54.07% 11.02%
Other Assets $1.938B $2.184B $2.462B $1.942B $2.775B $2.698B $2.023B $1.345B $1.508B $1.026B
YoY Change -11.28% -11.27% 26.76% -30.02% 2.85% 33.37% 50.41% -10.81% 46.98%
Total Long-Term Assets $15.49B $13.85B $12.69B $10.38B $15.06B $12.40B $10.45B $6.490B $5.984B $4.414B
YoY Change 11.84% 9.16% 22.26% -31.09% 21.4% 18.68% 61.05% 8.46% 35.57%
Total Assets $20.53B $18.72B $18.53B $15.79B $19.20B $16.09B $13.92B $8.400B $7.839B $6.239B
YoY Change
Accounts Payable $2.569B $2.433B $1.775B $2.396B $1.627B $1.450B $972.0M $1.034B $1.052B $882.0M
YoY Change 5.59% 37.03% -25.9% 47.26% 12.21% 49.18% -6.0% -1.71% 19.27%
Accrued Expenses $474.8M $479.4M $459.7M $400.0M $358.0M $244.0M $246.0M $186.0M $158.0M $171.0M
YoY Change -0.96% 4.29% 14.92% 11.73% 46.72% -0.81% 32.26% 17.72% -7.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.813B $5.154B $4.521B $3.131B $2.066B $1.397B $1.334B $1.030B $1.249B $568.0M
YoY Change -6.6% 13.99% 44.4% 51.55% 47.89% 4.72% 29.51% -17.53% 119.89%
Total Short-Term Liabilities $14.75B $15.06B $11.71B $10.21B $6.862B $5.276B $4.118B $3.618B $4.060B $2.853B
YoY Change -2.04% 28.57% 14.66% 48.83% 30.06% 28.12% 13.82% -10.89% 42.31%
Long-Term Debt $21.23B $18.07B $20.39B $16.75B $13.56B $10.28B $8.588B $3.049B $3.562B $2.692B
YoY Change 17.54% -11.39% 21.71% 23.55% 31.9% 19.69% 181.67% -14.4% 32.32%
Other Long-Term Liabilities $5.839B $4.607B $4.768B $2.980B $2.054B $1.396B $1.460B $550.0M $564.0M $228.0M
YoY Change 26.73% -3.37% 60.0% 45.08% 47.13% -4.38% 165.45% -2.48% 147.37%
Total Long-Term Liabilities $27.07B $22.67B $25.16B $19.73B $15.61B $11.68B $10.05B $3.599B $4.126B $2.920B
YoY Change 19.41% -9.87% 27.5% 26.38% 33.72% 16.19% 179.19% -12.77% 41.3%
Total Liabilities $41.86B $37.73B $36.87B $29.94B $22.72B $17.24B $14.31B $7.398B $8.231B $5.823B
YoY Change 10.95% 2.34% 23.12% 31.81% 31.74% 20.52% 93.4% -10.12% 41.35%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $261.95 Million

About AZUL SA

Azul SA is a BR-based company operating in Passenger Airlines industry. The company is headquartered in Barueri, Sao Paulo and currently employs 15,521 full-time employees. The company went IPO on 2017-04-11. Azul SA is a Brazil-based company engaged in the provision of passenger transportation services. The firm primarily acts as an airline operator under the Azul brand name, providing scheduled flights between numerous cities in Brazil, including Sao Paulo, Brasilia, Rio de Janeiro, Belo Horizonte, Porto Alegre, Curitiba, Fortaleza and Salvador, among others. In addition, its air network comprises international routes to the Unites States, Europe and other Latin American countries. Through its travel package business, Azul Viagens, in addition to airfare, the Company offers accommodation, transfers, tours and vehicle rental. Its offer includes also Azul Cargo Express, a scheduled cargo transport service with airport-to-airport and door-to-door delivery. The firm owns several subsidiaries, such as Azul Linhas Aereas Brasileiras SA, which operates all of flight activities and TudoAzul SA, which manages loyalty program.

Industry: Air Transportation, Scheduled Peers: