Azul (AZUL) Non-Current Assets (2014 - 2026)
Azul (AZUL) posted Non-Current Assets of $4.73 billion for Q2 2026, up 31.3% from $3.6 billion a year earlier and up 3.9% from the prior quarter.
Powered by 
Analysis
Azul (AZUL) Non-Current Assets (2014 - 2026) Analysis & Trends
At the end of FY2025, Azul's Non-Current Assets came in at $3.17 billion, down 5.1% from FY2024.
- Annual Non-Current Assets shows a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In prior years, Azul's Non-Current Assets was $3.34 billion in FY2024 (+4.5%), $3.19 billion in FY2023 (+21.9%), $2.62 billion in FY2022 (+15.1%) and $2.28 billion in FY2021 (+13.9%).
- The Q2 2026 figure stands as the highest quarterly Non-Current Assets in data going back to Q4 2014.
- On a year-over-year basis, Non-Current Assets increased in seven of the last eight quarters, with growth averaging 14.9%.
- The strongest year-over-year quarter for Non-Current Assets in the past five years was Q1 2022, with growth of 45.2%; the weakest was Q2 2023, with a decline of 99.9%.
- According to Business Quant data, Non-Current Assets for the three prior quarters was $4.55 billion (Q1 2026), $3.17 billion (Q4 2025) and $3.82 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 66.09 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 53.41 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 41.57 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 60.54 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 71.03 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 42.62 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 72.56 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 65.13 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 4.70 Bn |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | 4.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.73 Bn |
| Mar 31, 2026 | 4.55 Bn |
| Dec 31, 2025 | 3.17 Bn |
| Sep 30, 2025 | 3.82 Bn |
| Jun 30, 2025 | 3.60 Bn |
| Mar 31, 2025 | 3.40 Bn |
| Dec 31, 2024 | 3.34 Bn |
| Sep 30, 2024 | 3.39 Bn |
| Jun 30, 2024 | 3.25 Bn |
| Mar 31, 2024 | 3.20 Bn |
| Dec 31, 2023 | 3.19 Bn |
| Sep 30, 2023 | 2.72 Bn |
| Jun 30, 2023 | 2.57 Mn |
| Mar 31, 2023 | 2.64 Bn |
| Dec 31, 2022 | 2.62 Bn |
| Sep 30, 2022 | 2.44 Bn |
| Jun 30, 2022 | 2.47 Bn |
| Mar 31, 2022 | 2.67 Bn |
| Dec 31, 2021 | 2.28 Bn |
| Sep 30, 2021 | 2.03 Bn |
API Access
Azul Non-Current Assets 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=non-current-assets&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();