Controladora Vuela Compania De Aviacion, S.A.B. De C.V.

$VLRS Market Cap: $12.36 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.240B

TTM

Gross Margin

Net Earnings

$116.9M

TTM

Current Assets

$1.273B

Q2 2024

Current Liabilities

$1.825B

Q2 2024

Current Ratio

69.76%

Q2 2024

Total Assets

$5.418B

Q2 2024

Total Liabilities

$5.132B

Q2 2024

Book Value

$286.0M

Q2 2024

Cash

$563.0M

Q2 2024

P/E

105.7

Dec 04, 2024 EST

Free Cash Flow

$329.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$3.259B	$2.847B	$2.166B	$1.075B	$1.686B	$1.324B	$1.202B	$1.138B	$18.18B	$14.04B
YoY Change	14.47%	31.42%	101.55%	-36.24%	27.28%	10.15%	5.61%	-93.74%	29.52%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$3.259B	$2.847B	$2.166B	$1.075B	$1.686B	$1.324B	$1.202B	$1.138B	$18.18B	$14.04B
Cost Of Revenue	$1.871B	$1.901B	$1.111B	$666.7M	$930.5M	$832.4M	$910.5M	$773.5M	$11.72B	$10.63B
Gross Profit	$1.388B	$946.5M	$1.141B	$408.2M	$755.1M	$492.0M	$291.8M	$364.9M	$6.463B	$3.408B
Gross Profit Margin	42.6%	33.25%	52.67%	37.97%	44.8%	37.15%	24.27%	32.06%	35.55%	24.28%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$167.3M	$124.3M	$95.16M	$287.4M	$273.1M	$250.4M	$220.5M	$187.5M	$2.992B	$2.394B
YoY Change	34.64%	30.61%	-66.89%	5.27%	9.04%	13.57%	17.57%	-93.73%	24.97%
% of Gross Profit	12.05%	13.13%	8.34%	70.43%	36.16%	50.9%	75.55%	51.39%	46.29%	70.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$496.3M	$417.9M	$319.6M	$288.5M	$260.9M	$220.4M	$26.61M	$26.02M	$456.7M	$342.5M	$301.5M	$211.0M	$103.0M	$61.70M
YoY Change	18.75%	30.76%	10.8%	10.58%	18.36%	728.22%	2.26%	-94.3%	33.34%	13.6%	42.89%	104.85%	66.94%
% of Gross Profit	35.75%	44.15%	28.01%	70.68%	34.55%	44.8%	9.12%	7.13%	7.07%	10.05%
Operating Expenses	$3.036B	$2.804B	$1.775B	$600.3M	$557.2M	$495.5M	$296.9M	$257.5M	$3.952B	$3.204B
YoY Change	8.3%	57.94%	195.69%	7.73%	12.47%	66.9%	15.3%	-93.49%	23.35%
Operating Profit	-$1.648B	-$1.857B	-$634.0M	-$192.1M	$197.9M	-$3.493M	-$5.021M	$107.5M	$2.511B	$204.1M
YoY Change	-11.25%	192.91%	229.94%	-197.11%	-5764.96%	-30.43%	-104.67%	-95.72%	1130.24%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	-$15.75M	-$164.9M	-$254.8M	-$114.4M	-$27.25M	-$85.56M	-$35.20M	$110.1M	$1.014B	$471.9M
YoY Change	-90.45%	-35.3%	122.67%	319.93%	-68.15%	143.11%	-131.95%	-89.13%	114.78%
% of Operating Profit					-13.77%			102.49%	40.37%	231.21%
Other Income/Expense, Net	-$199.5M	-$5.151M	-$4.771M	-$4.223M	-$2.895M	-$3.076M	-$2.367M	-$1.643M	-$21.70M	-$32.11M
YoY Change	3773.48%	7.96%	12.98%	45.86%	-5.87%	29.98%	44.08%	-92.43%	-32.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$7.442M	-$126.5M	$131.7M	-$276.5M	$181.1M	-$62.70M	-$39.43M	$239.4M	$3.502B	$643.9M
YoY Change	-105.88%	-196.11%	-147.62%	-252.65%	-388.84%	59.01%	-116.47%	-93.16%	443.9%
Income Tax	-$377.0K	-$96.08M	$28.81M	-$68.21M	$53.10M	-$16.97M	-$7.818M	$70.68M	$1.038B	$38.72M
% Of Pretax Income	-5.07%		21.88%		29.32%			29.52%	29.65%	6.01%
Net Earnings	$7.819M	-$80.22M	$102.9M	-$208.3M	$128.0M	-$45.73M	-$31.61M	$168.7M	$2.464B	$605.2M
YoY Change	-109.75%	-178.0%	-149.39%	-262.7%	-379.89%	44.66%	-118.74%	-93.15%	307.13%
Net Earnings / Revenue	0.24%	-2.82%	4.75%	-19.38%	7.59%	-3.45%	-2.63%	14.82%	13.55%	4.31%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.01	-$0.03	$88.21K	-$203.9K	$126.5K	-$45.20K	-$31.24K	$166.7K	$2.435M	$610.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$776.5M	$711.9M	$741.1M	$485.6M	$389.1M	$287.4M	$361.3M	$369.3M	$5.167B	$2.328B	$2.328B	$824.0M	$442.0M	$684.0M	$575.0M	$114.0M
YoY Change	9.08%	-3.95%	52.61%	24.81%	35.39%	-20.45%	-2.19%	-92.85%	121.97%	0.02%	182.47%	86.43%	-35.38%	18.96%	404.39%
Cash & Equivalents	$642.6M	$627.3M	$270.0M	$148.8M	$156.7M	$232.7M	$290.2M	$215.0M	$2.351B	$2.265B	$2.265B	$776.0M	$349.0M	$645.0M	$575.0M	$114.0M
Short-Term Investments	$15.27M			$9.992K	$6.478M	$3.029M	$24.13M	$26.36M	$10.12M	$63.00M	$62.68M	$2.000M	$1.000M	$7.000M
Other Short-Term Assets	$273.6M	$98.34M	$117.4M	$145.8M	$116.9M	$89.52M	$122.3M	$149.0M	$1.615B	$773.0M	$772.9M	$506.0M	$370.0M	$465.0M	$64.00M	$0.00
YoY Change	178.22%	-16.21%	-19.5%	24.67%	30.64%	-26.79%	-17.94%	-90.77%	108.95%	0.01%	52.75%	36.76%	-20.43%	626.56%
Inventory	$16.12M	$15.76M	$14.40M	$13.53M	$14.64M	$14.42M	$14.30M	$11.83M	$163.1M	$140.0M	$139.7M	$97.00M	$80.00M	$45.00M
Prepaid Expenses
Receivables		$49.64M	$45.42M				-$863.8K	-$936.9K	-$24.61M	-$28.00M	-$27.79M	$128.0M	$79.00M	$60.00M
Other Receivables		$190.5M	$60.67M				$51.74M	$31.03M	$302.7M	$477.0M	$476.3M	$259.0M	$160.0M	$143.0M
Total Short-Term Assets	$1.248B	$1.066B	$979.0M	$698.6M	$587.7M	$432.8M	$548.7M	$560.3M	$7.224B	$3.689B	$3.689B	$1.815B	$1.131B	$1.397B	$1.059B	$388.0M
YoY Change	17.03%	8.9%	40.14%	18.86%	35.8%	-21.13%	-2.06%	-92.24%	95.82%	0.01%	103.23%	60.48%	-19.04%	31.92%	172.94%
Property, Plant & Equipment	$3.143B	$2.660B	$2.372B	$2.018B	$2.014B	$1.827B	$212.2M	$122.5M	$2.550B	$2.223B	$2.223B	$1.195B	$1.517B	$921.0M
YoY Change	18.17%	12.14%	17.56%	0.2%	10.22%	760.76%	73.29%	-95.2%	14.69%	-0.01%	86.05%	-21.23%	64.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$1.585M	$1.398M	$15.81K	$130.7K	$0.00	$295.8M	$333.9M	$4.761B	$5.000M	$2.603B	$2.245B	$2.002B	$1.041B
YoY Change		13.38%	8741.39%	-87.9%		-100.0%	-11.42%	-92.99%	95124.1%	-99.81%	15.97%	12.14%	92.32%
Other Assets	$739.1M	$727.6M	$619.7M	$581.9M	$460.5M	$483.0M	$33.41M	$34.31M	$602.2M	$3.915B	$3.915B	$386.0M	$354.0M	$285.0M
YoY Change	1.59%	17.4%	6.49%	26.37%	-4.67%	1345.63%	-2.63%	-94.3%	-84.62%	0.0%	914.26%	9.04%	24.21%
Total Long-Term Assets	$3.898B	$3.402B	$3.006B	$2.609B	$2.482B	$2.319B	$550.7M	$496.2M	$8.008B	$6.216B	$6.216B	$3.887B	$3.931B	$2.304B	$1.760B	$1.779B
YoY Change	14.6%	13.18%	15.21%	5.1%	7.06%	321.04%	10.97%	-93.8%	28.82%	-0.01%	59.93%	-1.12%	70.62%	30.91%	-1.07%
Total Assets	$5.146B	$4.468B	$3.985B	$3.307B	$3.070B	$2.751B	$1.099B	$1.056B	$15.23B	$9.905B	$9.905B	$5.702B	$5.062B	$3.701B	$2.819B	$2.167B
YoY Change
Accounts Payable	$249.7M	$194.9M	$108.2M	$108.6M	$77.47M	$52.65M	$54.24M	$44.95M	$795.4M	$506.0M	$505.6M	$524.0M	$538.0M	$444.0M
YoY Change	28.15%	80.15%	-0.43%	40.24%	47.13%	-2.94%	20.67%	-94.35%	57.2%	0.08%	-3.51%	-2.6%	21.17%
Accrued Expenses	$424.9M	$218.3M	$131.2M	$114.3M	$122.8M	$110.0M	$99.48M	$86.60M	$1.380B	$5.000M	$4.678M	$806.0M	$651.0M	$443.0M
YoY Change	94.6%	66.43%	14.78%	-6.93%	11.65%	10.56%	14.87%	-93.72%	27491.5%	6.88%	-99.42%	23.81%	46.95%
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	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$593.0M	$447.8M	$480.7M	$390.1M	$330.1M	$241.4M	$116.6M	$50.99M	$1.371B	$818.0M	$818.4M	$527.0M	$687.0M	$251.0M
YoY Change	32.43%	-6.86%	23.23%	18.17%	36.77%	107.04%	128.64%	-96.28%	67.63%	-0.05%	55.29%	-23.29%	173.71%
Total Short-Term Liabilities	$1.622B	$1.420B	$1.252B	$1.017B	$840.3M	$683.1M	$454.6M	$382.6M	$7.073B	$4.768B	$4.768B	$3.722B	$3.179B	$1.927B	$1.422B	$1.806B
YoY Change	14.22%	13.44%	23.07%	21.02%	23.01%	50.27%	18.81%	-94.59%	48.35%	-0.01%	28.11%	17.08%	64.97%	35.51%	-21.26%
Long-Term Debt	$2.952B	$2.534B	$2.236B	$2.010B	$1.876B	$1.790B	$52.34M	$45.74M	$219.8M	$425.0M	$424.8M	$743.0M	$859.0M	$451.0M
YoY Change	16.48%	13.31%	11.25%	7.12%	4.84%	3319.32%	14.43%	-79.19%	-48.28%	0.05%	-42.83%	-13.5%	90.47%
Other Long-Term Liabilities	$314.6M	$268.7M	$172.4M	$135.1M	$77.54M	$92.83M	$21.14M	$15.51M	$228.0M	$215.0M	$215.3M	$151.0M	$164.0M	$89.00M
YoY Change	17.06%	55.9%	27.61%	74.22%	-16.47%	339.12%	36.28%	-93.2%	6.04%	-0.12%	42.55%	-7.93%	84.27%
Total Long-Term Liabilities	$3.266B	$2.803B	$2.409B	$2.145B	$1.954B	$1.883B	$73.48M	$61.25M	$447.8M	$640.0M	$640.1M	$894.0M	$1.023B	$540.0M
YoY Change	16.53%	16.36%	12.28%	9.79%	3.79%	2461.96%	19.97%	-86.32%	-30.03%	-0.01%	-28.41%	-12.61%	89.44%
Total Liabilities	$4.903B	$4.233B	$3.671B	$3.172B	$2.802B	$2.620B	$606.4M	$532.9M	$8.407B	$5.435B	$5.435B	$4.649B	$4.311B	$2.611B	$2.144B	$2.090B
YoY Change	15.84%	15.29%	15.75%	13.2%	6.93%	332.05%	13.79%	-93.66%	54.68%	0.0%	16.91%	7.84%	65.11%	21.78%	2.58%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.359 Billion

About Controladora Vuela Compania de Aviacion, S.A.B. de C.V.

Controladora Vuela Compañía de Aviación SAB de CV is a holding company, which engages in the provision of air transportation and related services. The company is headquartered in Mexico City, Mexico, D.F. and currently employs 7,065 full-time employees. The company went IPO on 2013-09-18. The firm operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations). The firm offers direct, point-to-point flights. The firm serves through secondary, lower cost airports and provides a single class of service. Its fleet includes a number of Airbus aircrafts, such as A319, A320 and A321. The firm operates through Comercializadora Volaris SA de CV, Servicios Corporativos Volaris SA de CV and Servicios Operativos Terrestres Volaris SA de CV, among others.

Industry: Air Transportation, Scheduled Peers: