Operating margin · 2015–2025
Azul operating margin
20.0%+15.0% · FY2025
Azul (AZUL) reported 20.0% in operating margin for fiscal 2025, +15.0% year on year.
| Fiscal year | Operating margin | Change | Filing |
|---|---|---|---|
| FY2025 | 20.0% | +15.0% | Derived |
| FY2024 | 17.4% | +94.0% | Derived |
| FY2023 | 9.0% | −0.1% | Derived |
| FY2022 | 9.0% | +1,531.9% | Derived |
| FY2021 | 0.5% | +24.9 pp | Derived |
| FY2020 | −24.4% | −13.9 pp | Derived |
| FY2019 | −10.4% | −23.6 pp | Derived |
| FY2018 | 13.2% | −18.3% | Derived |
| FY2017 | 16.1% | +212.5% | Derived |
| FY2016 | 5.2% | +7.8 pp | Derived |
| FY2015 | −2.7% | — | Derived |
Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026
Figures are reported under IFRS in BRL and converted to US dollars at ECB reference rates — fiscal 2025 average 5.582 BRL/$ for income items, year-end 5.478 BRL/$ for balance-sheet items.
Calculated from two reported figures, so it has no single filing of its own.
Operating margin at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Azul operating margin |url=https://companiesranked.com/en/company/azul/operating-margin |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Azul operating margin. CompaniesRanked. https://companiesranked.com/en/company/azul/operating-marginBibTeX
@misc{companiesranked-en-company-azul-operating-margin-2026,
author = {{CompaniesRanked}},
title = {{Azul operating margin}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/azul/operating-margin}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.