Azul (FRA:8AZ3) EBITDA Margin %: -2.77% (As of Mar. 2026)


FRA:8AZ3 Azul SA FRA:8AZ3
14 GF Score
Price €7.81
! 6 Warning Signs
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What is Azul EBITDA Margin %?

Azul FRA:8AZ3 +2.23% 14 EBITDA Margin % is -2.77% as of Mar. 2026. GuruFocus rates FRA:8AZ3 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 999 Transportation companies, Azul ranks better than 73.37% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Azul's EBITDA for the three months ended in Mar. 2026 was €-25 Mil. Azul's Revenue for the three months ended in Mar. 2026 was €905 Mil. Therefore, Azul's EBITDA margin for the quarter that ended in Mar. 2026 was -2.77%.


Azul  (FRA:8AZ3) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Azul EBITDA Margin % Related Terms


Azul EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Azul's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azul EBITDA Margin % Chart

Azul Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 35.19 24.89 -9.06 46.05

Azul Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.05 74.34 27.24 11.14 -2.77

FRA:8AZ3 vs DAL, UAL, LUV: EBITDA Margin % Comparison

For the Airlines subindustry, Azul's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Azul EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Azul's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Azul's EBITDA Margin % falls into.


FRA:8AZ3
14GF Score
Azul SA FRA:8AZ3
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azul EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Azul's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1559.793/3387.447
=46.05 %

Azul's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-25.047/904.99
=-2.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of -2.77% mean?
Azul (FRA:8AZ3) has a EBITDA Margin % of -2.77% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Azul and its competitors. According to the industry distribution chart, Azul ranks #266 out of 999 companies in the Transportation industry, placing it in the top 26.6%.
Is Azul's EBITDA Margin % too high?
Azul's current EBITDA Margin % is -2.77%. Based on the distribution chart, Azul ranks #266 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Azul has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Azul's EBITDA Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Azul ranks #266 out of 999 companies for EBITDA Margin %. This puts Azul in the upper half of its industry. The industry median EBITDA Margin % is 13.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.77, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Azul and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azul's current EBITDA Margin % is -2.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azul stock overvalued right now?
Azul (FRA:8AZ3) has a current EBITDA Margin % of -2.77%. The current EBITDA Margin % is -2.77%. Azul's overall GF Score™ is 14/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Azul (FRA:8AZ3), the current EBITDA Margin % is -2.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azul Business Description

Other Exchanges AZUL:USAAZUL3:Brazil
Address Avenida Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, SP, BRA, 06460-040
Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities, and equity holding in other companies. The company generates the majority of its revenue from Air transport and a small portion of its revenue from Ancillary revenues.
14GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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