Azul Sa annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Azul Sa Operating Margin Growth & History (AZUL)
Azul Sa's operating margin was 19.97% for fiscal 2025.
View full Azul Sa company overviewAzul Sa annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.97% | +2.60 pp |
| 2024 | 2024-12-31 | 17.36% | +8.41 pp |
| 2023 | 2023-12-31 | 8.95% | −0.01 pp |
| 2022 | 2022-12-31 | 8.96% | +8.41 pp |
| 2021 | 2021-12-31 | 0.55% | +24.91 pp |
| 2020 | 2020-12-31 | −24.36% | −13.91 pp |
| 2019 | 2019-12-31 | −10.45% | −23.63 pp |
| 2018 | 2018-12-31 | 13.18% | −2.95 pp |
| 2017 | 2017-12-31 | 16.13% | +10.97 pp |
| 2016 | 2016-12-31 | 5.16% | +7.84 pp |
| 2015 | 2015-12-31 | −2.68% | — |
Azul Sa quarterly operating margin
Q1.17
Q1.18
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2018 | 2018-03-31 | 12.46% | — |
| Q1 2017 | 2017-03-31 | 10.95% | — |
Azul Sa operating margin trends
Over the last five reported fiscal years, Azul Sa's operating margin increased from −24.36% to 19.97%, a change of +44.33 percentage points. The latest reported quarter, Q1 2018, shows 12.46%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Azul Sa filings at SEC.gov ↗