Azul (AZUL) Operating Leases (2017 - 2025)
Azul (AZUL) posted Operating Leases of $1.74 billion for Q4 2025, down 33.0% from $2.59 billion a year earlier.
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Analysis
Azul (AZUL) Operating Leases (2017 - 2025) Analysis & Trends
Since Q4 2017, Azul has reported Operating Leases for 9 quarters.
- Annual Operating Leases shows a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- In prior years, Azul's Operating Leases was $2.59 billion in FY2024 (+12.0%), $2.31 billion in FY2023 (+15.3%), $2.01 billion in FY2022 (-1.8%) and $2.04 billion in FY2021 (+7.6%).
- The Q4 2025 figure stands as the lowest quarterly Operating Leases in data going back to Q4 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 171.29 Bn | 165.82 Bn | - |
| 2 | Csx | 90.34 Bn | 86.55 Bn | - |
| 3 | United Parcel Service | 83.18 Bn | 60.07 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.13 Bn | 76.15 Bn | - |
| 5 | Norfolk Southern | 72.86 Bn | 67.50 Bn | - |
| 6 | Fedex | 70.02 Bn | 35.97 Bn | - |
| 7 | Delta Air Lines | 51.16 Bn | 33.34 Bn | - |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - |
| 9 | United Airlines Holdings | 32.92 Bn | -23.46 Bn | - |
| 10 | Azul | 5.29 Bn | 4.39 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.71 Bn |
| Dec 31, 2024 | 2.44 Bn |
| Dec 31, 2023 | 2.36 Bn |
| Dec 31, 2022 | 2.00 Bn |
| Dec 31, 2021 | 2.05 Bn |
| Dec 31, 2020 | 1.97 Bn |
| Dec 31, 2019 | 2.62 Bn |
| Dec 31, 2018 | 1.98 Bn |
| Dec 31, 2017 | 1.94 Bn |
API Access
Azul Operating 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=operating-leases&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-leases&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();