Controladora Vuela Compania de Aviacion, S.A.B. de C.V (VLRS) Operating Margin (2012 - 2026)

Controladora Vuela Compania de Aviacion, S.A.B. de C.V (VLRS) posted quarterly Operating Margin of 11.53% for Q2 2026, down 835.0% year-on-year from 1.57% in Q2 2025, and down 322.58% on a QoQ basis from 2.73% in Q1 2026.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V (VLRS) Operating Margin (2012 - 2026) Analysis & Trends

Controladora Vuela Compania de Aviacion, S.A.B. de C.V (VLRS) has reported Operating Margin for 15 consecutive years, with 11.53% the latest figure, recorded in Q2 2026.

  • Quarterly Operating Margin fell 835.0% year-over-year to 11.53% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.61% (down 918.0% YoY) and the FY2025 annual result came in at 4.44%, down 871.0% from the prior year.
  • Operating Margin declined to 11.53% in Q2 2026 per VLRS's latest filing, from 2.73% in the prior quarter.
  • Over the last five years, Operating Margin for VLRS reached as high as 18.24% in Q4 2023 and fell as low as 11.53% in Q2 2026.
  • A 5-year average of 2.3% and a median of 1.5% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin plunged 2589 bps — and 2024, when it jumped 1778 bps.
  • Year by year, Operating Margin stood at 7.32% in 2022, then soared by 149 bps to 18.24% in 2023, then sank by 50 bps to 9.09% in 2024, then slumped by 135 bps to 3.17% in 2025, then tumbled by 263 bps to 11.53% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 11.53%, 2.73%, and 3.17% for Q2 2026, Q1 2026, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Latam Airlines 29,341.35 Bn 29,338.67 Bn 1.28 Mn 19.82%
2 Ryanair Holdings 183.33 Bn 180.79 Bn - -
3 Delta Air Lines 53.61 Bn 48.95 Bn 19.07 Bn 9.43%
4 Southwest Airlines 21.85 Bn 18.53 Bn 7.33 Bn 3.38%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.69 Bn 7.93 Bn - -11.53%
6 Copa Holdings 5.59 Bn 4.26 Bn 713.71 Mn 21.77%
7 Alaska Air 5.12 Bn 3.35 Bn 3.20 Bn -8.45%
8 Skywest 3.85 Bn 3.22 Bn 1.01 Bn 14.13%
9 Jetblue Airways 1.85 Bn 1.44 Bn 1.87 Bn -10.00%
10 Allegiant Travel 1.72 Bn 818.03 Mn 651.87 Mn 12.07%

Historic Data

Download Data
DateValue
Jun 30, 2026 -11.53%
Mar 31, 2026 -2.73%
Jun 30, 2025 -3.17%
Mar 31, 2025 -1.47%
Jun 30, 2024 9.09%
Mar 31, 2024 13.54%
Dec 31, 2023 18.24%
Sep 30, 2023 4.48%
Jun 30, 2023 6.52%
Mar 31, 2023 -4.24%
Dec 31, 2022 7.32%
Sep 30, 2022 4.55%
Jun 30, 2022 -2.89%
Mar 31, 2022 -5.47%
Dec 31, 2021 21.91%
Sep 30, 2021 24.06%
Jun 30, 2021 23.00%
Mar 31, 2021 -11.43%
Dec 31, 2020 11.87%
Sep 30, 2020 -47.14%