Azul (AZUL) Shares Outstanding (Entity) (2016 - 2025)
Azul's Shares Outstanding (Entity) was 3.03 billion in Q4 2025, up 139.2% from 1.26 billion a year earlier.
Powered by 
Analysis
Azul (AZUL) Shares Outstanding (Entity) (2016 - 2025) Analysis & Trends
From Q4 2016 onward, Azul has reported Shares Outstanding (Entity) for 10 quarters.
- Shares Outstanding (Entity) shows a five-year compound annual growth rate of 19.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 1.26 billion in FY2024 (unchanged), 1.26 billion in FY2023 (unchanged), 1.26 billion in FY2022 (+0.2%) and 1.26 billion in FY2021 (+0.3%).
- The Q4 2025 figure marks the highest quarterly Shares Outstanding (Entity) in data going back to Q4 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 594.22 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 751.66 Mn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.84 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 236.58 Mn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 224.62 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 657.91 Mn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 324.89 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 206.64 Mn |
| 10 | Azul | 3.54 Bn | 2.57 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.03 Bn |
| Dec 31, 2024 | 1.26 Bn |
| 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 |
| Dec 31, 2017 | 1.23 Bn |
| Dec 31, 2016 | 1.15 Bn |
API Access
Azul Shares Outstanding (Entity) 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-entity&ticker=AZUL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=AZUL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();