Azul (AZUL) Capital Leases (2018 - 2026)
Azul's Capital Leases was $81.42 million in Q2 2026, down 25.0% from $108.57 million a year earlier but up 25.6% from the prior quarter.
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Analysis
Azul (AZUL) Capital Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Capital Leases at Azul came in at $129.21 million, up 12.3% from FY2024.
- Capital Leases shows a five-year compound annual growth rate of -3.5% (FY2020 to FY2025).
- In earlier years, Capital Leases was $115.07 million in FY2024 (-14.2%), $134.16 million in FY2023 (-12.6%), $153.56 million in FY2022 (-21.8%) and $196.42 million in FY2021 (+27.4%).
- Quarterly Capital Leases has moved between $64.82 million (Q1 2026) and $196.42 million (Q4 2021) over five years.
- Compared with a year earlier, Capital Leases was higher in 1 of the last eight quarters, with an average decline of 14.7%.
- The best year-over-year quarter for Capital Leases over five years was Q4 2021 (growth of 27.4%); the worst was Q1 2026 (a decline of 39.5%).
- Per Business Quant data, AZUL's Capital Leases in the three quarters before Q2 2026 was $64.82 million (Q1 2026), $129.21 million (Q4 2025) and $115.25 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.42 Mn |
| Mar 31, 2026 | 64.82 Mn |
| Dec 31, 2025 | 129.21 Mn |
| Sep 30, 2025 | 115.25 Mn |
| Jun 30, 2025 | 108.57 Mn |
| Mar 31, 2025 | 107.19 Mn |
| Dec 31, 2024 | 115.07 Mn |
| Sep 30, 2024 | 119.12 Mn |
| Jun 30, 2024 | 130.17 Mn |
| Mar 31, 2024 | 128.58 Mn |
| Dec 31, 2023 | 134.16 Mn |
| Sep 30, 2023 | 139.17 Mn |
| Jun 30, 2023 | 121.41 Mn |
| Mar 31, 2023 | 144.25 Mn |
| Dec 31, 2022 | 153.56 Mn |
| Sep 30, 2022 | 141.41 Mn |
| Jun 30, 2022 | 178.81 Mn |
| Mar 31, 2022 | 189.34 Mn |
| Dec 31, 2021 | 196.42 Mn |
| Sep 30, 2021 | 173.98 Mn |
API Access
Azul Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "AZUL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();