Azul S.A. (AZUL)Industrials | Airlines | Barueri, Brazil | NYSE
7.39 USD
-0.13
(-1.729%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.39 |
Hot Take ↕ | Aug. 22, 2026, 1:35 a.m. EDT
Azul presents a catastrophic long-term investment case driven by insolvency mechanics rather than operational failure. The company is trading at a negative book value (-$5.40/share) with negative free cash flow and negative operating margins, confirming that the business is currently destroying capital. While the headline debt reduction is positive, the balance sheet remains structurally impaired with a current ratio of 0.42, leaving the firm perpetually vulnerable to liquidity shocks. The recent price action confirms this distress, with the stock sliding 12% over the last two weeks to test lows near $7.30, well below the 50-day moving average. The options market is screaming 'sell,' with heavy put buying at strikes far below the current price, while call buyers are absent. This is not a value opportunity; it is a distressed asset trade where the equity value is effectively zero until a definitive restructuring plan proves sustainable. Avoid. |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Ex Dividend Date | 2026-05-21 |
| Last Dividend Date | 2026-05-21 |
| Revenue per Share | 118.048 |
| Market Cap | 1,352,697,216 |
| Profit Margins | 7.46% |
| Website | https://www.voeazul.com.br |
As of Aug. 22, 2026, 1:35 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by significant volume in deep out-of-the-money puts (strikes 2.0 and 2.5) where open interest is negligible, indicating fresh buying rather than hedging. Conversely, call activity is concentrated entirely in deep in-the-money strikes, suggesting a lack of speculative appetite for further upside. The implied volatility for puts is elevated relative to calls, reflecting a market consensus focused on survival rather than expansion.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.18161684 |
| Address1 | Av. Marcos Penteado de Ulhôa Rodrigues |
| Address2 | n. 939, 8th floor EdifIcio JatobA CondomAnio Castelo Branco Office Park Tamboré |
| All Time High | 9.83 |
| All Time Low | 7.28 |
| Ask | 7.38 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 149,300 |
| Average Daily Volume3 Month | 165,473 |
| Average Volume | 165,473 |
| Average Volume10Days | 149,300 |
| Bid | 7.35 |
| Bid Size | 200 |
| Book Value | -5.417025 |
| City | Barueri |
| Country | Brazil |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 7.39 |
| Current Ratio | 0.423 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 7.435 |
| Day Low | 7.28 |
| Display Name | Azul |
| Dividend Date | 1,779,926,400 |
| Dividend Rate | 0.07 |
| Dividend Yield | 0.91 |
| Ebitda | 1,983,678,976 |
| Ebitda Margins | 0.09119 |
| Enterprise To Ebitda | 11.259 |
| Enterprise To Revenue | 1.027 |
| Enterprise Value | 22,333,493,248 |
| Eps Trailing Twelve Months | -0.45 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,779,408,000 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.5022 |
| Fifty Day Average Change | -1.1122003 |
| Fifty Day Average Change Percent | -0.13081323 |
| Fifty Two Week Change Percent | -18.161684 |
| Fifty Two Week High | 9.83 |
| Fifty Two Week High Change | -2.44 |
| Fifty Two Week High Change Percent | -0.24821974 |
| Fifty Two Week Low | 7.28 |
| Fifty Two Week Low Change | 0.10999966 |
| Fifty Two Week Low Change Percent | 0.015109843 |
| Fifty Two Week Range | 7.28 - 9.83 |
| Financial Currency | BRL |
| First Trade Date Milliseconds | 1,779,975,000,000 |
| Float Shares | 143,219,766 |
| Free Cashflow | -1,081,521,152 |
| Full Exchange Name | NYSE |
| Fullday Change | -0.13 |
| Fullday Change Percent | -1.72872 |
| Fullday Price | 7.39 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.20902 |
| Gross Profits | 4,546,919,936 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00166 |
| Held Percent Institutions | 0.33380002 |
| Implied Shares Outstanding | 183,044,293 |
| Industry | Airlines |
| Industry Disp | Airlines |
| Industry Key | airlines |
| Language | en-US |
| Last Dividend Date | 1,779,408,000 |
| Last Dividend Value | 0.055 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. It is also involved in the cargo or postal; passenger charter; development of frequent-flyer programs; intellectual property owner; travel packages; funding: aircraft financing; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition, and lease services. As of December 31, 2025, the company operated approximately 970 daily departures to 160 destinations through a network of 390 non-stop routes; with an operating fleet of 176 aircraft and a passenger contractual fleet of 227 aircraft. The company was incorporated in 2008 and is headquartered in Barueri, Brazil. |
| Long Name | Azul S.A. |
| Market | us_market |
| Market Cap | 1,352,697,216 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_240867411 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 1,622,968,064 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,363,200,615 |
| Open | 7.48 |
| Operating Cashflow | -1,187,986,048 |
| Operating Margins | -0.08911 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.42 |
| Phone | 55 11 4831 2880 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 7.39 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 7.52 |
| Price Hint | 2 |
| Price To Book | -1.3642174 |
| Price To Sales Trailing12 Months | 0.062182553 |
| Profit Margins | 0.07461 |
| Quick Ratio | 0.26 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.13 |
| Regular Market Change Percent | -1.72872 |
| Regular Market Day High | 7.435 |
| Regular Market Day Low | 7.28 |
| Regular Market Day Range | 7.28 - 7.435 |
| Regular Market Open | 7.48 |
| Regular Market Previous Close | 7.52 |
| Regular Market Price | 7.39 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 43,400 |
| Return On Assets | 0.067379996 |
| Revenue Growth | 0.007 |
| Revenue Per Share | 118.048 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 183,044,293 |
| Shares Percent Shares Out | 0.0002 |
| Shares Short | 34,906 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 23,093 |
| Short Name | Azul S.A. |
| Short Percent Of Float | 0.0002 |
| Short Ratio | 0.14 |
| Source Interval | 15 |
| State | SP |
| Symbol | AZUL |
| Total Cash | 1,268,892,032 |
| Total Cash Per Share | 6.886 |
| Total Debt | 22,240,563,200 |
| Total Revenue | 21,753,645,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.45 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.565077 |
| Two Hundred Day Average Change | -1.175077 |
| Two Hundred Day Average Change Percent | -0.13719398 |
| Type Disp | Equity |
| Volume | 43,400 |
| Website | https://www.voeazul.com.br |
| Zip | 06,460-040 |