Azul (AZUL) Return on Invested Capital [ROIC] (2016 - 2026)
Azul's Return on Invested Capital [ROIC] came in at 37.09% for Q2 2026, down 17.91 percentage points from 55.00% a year earlier but up 6.28 percentage points from the prior quarter.
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Analysis
Azul (AZUL) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2019, Azul's Return on Invested Capital [ROIC] was -25.72%, down 40.36 percentage points from FY2018.
- Going back by year, Return on Invested Capital [ROIC] was 14.64% in FY2018 (-4.41 pp) and 19.05% in FY2017.
- The five-year range for quarterly Return on Invested Capital [ROIC] is 30.81% (Q1 2026) to 70.01% (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 15.71% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 12.25% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 12.59% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 5.96% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 7.49% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 9.67% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 10.82% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.90% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 25.01% |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | 37.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.09% |
| Mar 31, 2026 | 30.81% |
| Sep 30, 2025 | 34.63% |
| Jun 30, 2025 | 55.00% |
| Mar 31, 2025 | 47.25% |
| Dec 31, 2024 | 41.14% |
| Sep 30, 2024 | 46.67% |
| Jun 30, 2024 | 70.01% |
| Dec 31, 2020 | -85.83% |
| Sep 30, 2020 | -7.77% |
| Jun 30, 2020 | 29.37% |
| Mar 31, 2020 | 296,722.27% |
| Dec 31, 2019 | 76.57% |
| Sep 30, 2019 | 76.46% |
| Jun 30, 2019 | 89.40% |
| Mar 31, 2019 | 33.76% |
| Dec 31, 2018 | 50.72% |
| Sep 30, 2018 | 19.73% |
| Jun 30, 2018 | 15.64% |
| Mar 31, 2018 | 16.77% |
API Access
Azul Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();