Azul (AZUL) Debt Ratio (2016 - 2025)
Azul's Debt Ratio came in at 0.98 for Q4 2025, up 71.1% from 0.57 a year earlier.
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Analysis
Azul (AZUL) Debt Ratio (2016 - 2025) Analysis & Trends
Going back to Q4 2016, Azul's Debt Ratio data covers 11 quarters.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.57 in FY2024 (+20.7%), 0.47 in FY2023 (+22.3%), 0.39 in FY2022 (-12.1%) and 0.44 in FY2021 (-5.7%).
- The Q4 2025 figure represents the highest quarterly Debt Ratio in data going back to Q4 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.29 Bn | 165.82 Bn | - | 0.43 |
| 2 | Csx | 90.34 Bn | 86.55 Bn | - | 0.42 |
| 3 | United Parcel Service | 83.18 Bn | 60.07 Bn | - | 0.34 |
| 4 | Canadian Pacific Kansas City | 77.13 Bn | 76.15 Bn | - | 0.28 |
| 5 | Norfolk Southern | 72.86 Bn | 67.50 Bn | - | 0.37 |
| 6 | Fedex | 70.02 Bn | 35.97 Bn | - | 0.26 |
| 7 | Delta Air Lines | 51.16 Bn | 33.34 Bn | - | 0.16 |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - | 0.00 |
| 9 | United Airlines Holdings | 32.92 Bn | -23.46 Bn | - | 0.31 |
| 10 | Azul | 5.29 Bn | 4.39 Bn | - | 0.98 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.98 |
| Dec 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.44 |
| Dec 31, 2020 | 0.47 |
| Dec 31, 2019 | 0.18 |
| Dec 31, 2018 | 0.17 |
| Mar 31, 2018 | 0.33 |
| Dec 31, 2017 | 0.19 |
| Dec 31, 2016 | 0.48 |
API Access
Azul Debt Ratio 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=debt-ratio&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();