Azul (AZUL) Shares Outstanding (2016 - 2025)
Azul's Shares Outstanding came in at 525.45 million for Q4 2025, down 15.2% from 619.31 million a year earlier.
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Analysis
Azul (AZUL) Shares Outstanding (2016 - 2025) Analysis & Trends
Going back to Q4 2016, Azul's Shares Outstanding data covers 12 quarters.
- Shares Outstanding carries a five-year compound annual growth rate of -8.9% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 619.31 million in FY2024 (-26.5%), 842.74 million in FY2023 (unchanged), 842.84 million in FY2022 (+0.2%) and 841.5 million in FY2021 (+0.3%).
- The Q4 2025 figure represents the lowest quarterly Shares Outstanding in data going back to Q4 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.29 Bn | 165.82 Bn | - | 593.40 Mn |
| 2 | Csx | 90.34 Bn | 86.55 Bn | - | 1.86 Bn |
| 3 | United Parcel Service | 83.18 Bn | 60.07 Bn | - | 851.00 Mn |
| 4 | Canadian Pacific Kansas City | 77.13 Bn | 76.15 Bn | - | 886.40 Mn |
| 5 | Norfolk Southern | 72.86 Bn | 67.50 Bn | - | 224.60 Mn |
| 6 | Fedex | 70.02 Bn | 35.97 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 51.16 Bn | 33.34 Bn | - | 655.00 Mn |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - | 207.66 Mn |
| 9 | United Airlines Holdings | 32.92 Bn | -23.46 Bn | - | 324.60 Mn |
| 10 | Azul | 5.29 Bn | 4.39 Bn | - | 788.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 788.18 Mn |
| Dec 31, 2024 | 928.97 Mn |
| Dec 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.26 Bn |
| Dec 31, 2020 | 1.26 Bn |
| Dec 31, 2019 | 1.26 Bn |
| Dec 31, 2018 | 1.25 Bn |
| Mar 31, 2018 | 1.23 Bn |
| Dec 31, 2017 | 1.23 Bn |
| Mar 31, 2017 | 1.15 Bn |
| Dec 31, 2016 | 1.15 Bn |
API Access
Azul Shares Outstanding 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=shares-outstanding&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();