Azul AZUXY
AZUXY

Azul (AZUXY) Debt Ratio (2016 - 2026)

Updated

Azul's (AZUXY) Debt Ratio came in at 0.74 for Q2 2026, down 49.5% from 1.46 a year earlier but up 6.1% from the prior quarter.

Analysis

Azul (AZUXY) Debt Ratio (2016 - 2026) Analysis & Trends

For FY2025, Azul's Debt Ratio stood at 2.49, up 34.4% from FY2024.

  • Annual Debt Ratio has increased for three consecutive years.
  • In prior years, Azul's Debt Ratio was 1.85 in FY2024 (+15.6%), 1.60 in FY2023 (+3.2%), 1.55 in FY2022 (-7.8%) and 1.68 in FY2021 (+153.1%).
  • Quarterly Debt Ratio has run from a low of 0.62 in Q3 2021 to a high of 2.49 in Q4 2025 over five years.
  • On a year-over-year basis, Debt Ratio increased in five of the last eight quarters, with growth averaging 2.6%.
  • The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2022, with growth of 167.2%; the weakest was Q1 2026, with a decline of 64.2%.
  • According to Business Quant data, Debt Ratio for the three prior quarters was 0.70 (Q1 2026), 2.49 (Q4 2025) and 2.33 (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.74
Mar 31, 2026 0.70
Dec 31, 2025 2.49
Sep 30, 2025 2.33
Jun 30, 2025 1.46
Mar 31, 2025 1.94
Dec 31, 2024 1.85
Sep 30, 2024 1.66
Jun 30, 2024 1.71
Mar 31, 2024 1.23
Dec 31, 2023 1.60
Sep 30, 2023 1.66
Jun 30, 2023 1.20
Mar 31, 2023 1.57
Dec 31, 2022 1.55
Sep 30, 2022 1.65
Jun 30, 2022 1.52
Mar 31, 2022 1.55
Dec 31, 2021 1.68
Sep 30, 2021 0.62
API Access

Azul Debt Ratio 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=debt-ratio&ticker=AZUXY&period=max&api_key=YOUR_API_KEY