profit from every R$100 of sales.
R$0R$100
AZUL ON ES N2
R$13.11+9.34% today
-20.6% since Jan 12, 26
1-year low R$7.101-year high R$32,767,336.00
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay R$42.09 for every R$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What AZUL ON ES N2 sold, what it kept, and what it did with the cash.
Sales went from R$15.9 billion in 2022 to R$21.6 billion in 2025, with R$125 million of profit last year.
SalesProfit
AZUL ON ES N2 vs. similar companies
AZUL ON ES N2 grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from R$100 of sales | Sales growth a year | Price per R$1 of profit |
|---|---|---|---|
| AZUL ON ES N2 | 42.1× · Expensive | ||
 Delta Air Lines | 12.1× · Cheap | ||
 International Consolidated Airlines Group | 7.0× · Cheap | ||
 InterGlobe Aviation | No profit yet | ||
 Air China | No profit yet |
AI analysis
An AI analyst reads AZUL ON ES N2's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 15,948 | 18,554 | 19,526 | 21,640 | |
| 3,168 | 5,086 | 5,919 | 7,176 | |
| 327 | 1,415 | 3,247 | 3,168 | |
| 5,612 | 4,619 | -1,768 | 9,965 | |
| -722 | -2,380 | -9,151 | 125 | |
| -4.11 | -2.09 | -6,562,500.02 | -0.25 | |
| 19.9% | 27.4% | 30.3% | 33.2% | |
| 2.0% | 7.6% | 16.6% | 14.6% | |
| -4.5% | -12.8% | -46.9% | 0.6% |
Balance sheet
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 18,721 | 20,533 | 26,275 | 23,638 |
| Cash | 668 | 1,897 | 1,210 | 992 |
| Total debt | 23,973 | 26,338 | 37,543 | 36,168 |
| Total liabilities | 37,729 | 41,861 | 56,710 | 52,676 |
| -19,008 | -21,328 | -30,435 | -29,038 | |
| 335 | 335 | 335 | 896 | |
| 46.8% | 29.2% | -40.2% | 64.3% | |
| 3.8% | 11.2% | 30.1% | -0.4% |
Cash flow
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,437 | 3,440 | 2,787 | -1,233 | |
| 1,451 | 972 | 1,494 | 748 | |
| 986 | 2,467 | 1,293 | -1,980 | |
| Dividends paid | – | – | – | – |
| 4 | 7 | 3 | 0 | |
| -18 | 72 | 43 | 71 |
Valuation
- 42.1×
- –
- –
- -0.3×
- 0.2×
- –
- 4.1×
- -37.7%
- 2.4%
- –
Profitability
- 33.2%
- 14.6%
- 0.6%
- –
- 64.3%
- 25.0%
- –
- –
- –
- –
Growth
- +10.7%
- –
- –
- –
- +38.8%
Financial health
- 3.5×
- -1.25
- –
- 1.0×
- 0.21
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 979
Top 26%of 984
Bottom 17%of 862
Top 32%of 983
Bottom 1%of 986
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
31No pass
Benjamin Graham
6No pass
Philip Fisher
35No pass
Peter Lynch
39No pass
Joel Greenblatt
86Pass
Charlie Munger
42No pass
Terry Smith
51No pass
Questions about AZUL ON ES N2
Is AZUL ON ES N2 a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the AZUL ON ES N2 AI analysis
What does AZUL ON ES N2 do?
Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. It is in Airlines, based in Barueri, SP, Brazil.
Is AZUL ON ES N2 stock halal?
No. AZUL ON ES N2 does not pass our halal screen: its debt is 688% of its market value, at or above the 33% limit. How we check
Who are AZUL ON ES N2's competitors?
The largest listed companies in the same industry are Delta Air Lines, International Consolidated Airlines Group, InterGlobe Aviation and Air China. The peers table on this page compares their profit, growth and price with AZUL ON ES N2's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.