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-over-year from 1.57% in Q2 2025, and down 322.58% quarter-over-quarter 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.
- In Q2 2026, Operating Margin fell 835.0% year-over-year to 11.53%; the TTM figure through Jun 2026 stood at 4.61% (down 918.0% YoY), while the FY2025 annual figure was 4.44%, down 871.0% from the prior year.
- Operating Margin retreated to 11.53% in Q2 2026 per VLRS's latest filing, from 2.73% in the prior quarter.
- Across five years, Operating Margin topped out at 18.24% in Q4 2023 and bottomed at 11.53% in Q2 2026.
- Historically, Operating Margin has averaged 2.3% across 5 years, with a median of 1.5% in 2023.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 2589 bps — and 2024, when it surged 1778 bps.
- Controladora Vuela Compania de Aviacion, S.A.B. de C.V's Operating Margin stood at 7.32% in 2022, then soared by 149 bps to 18.24% in 2023, then plunged by 50 bps to 9.09% in 2024, then sank by 135 bps to 3.17% in 2025, then slumped by 263 bps to 11.53% in 2026.
- Business Quant data shows VLRS's Operating Margin at 11.53% in Q2 2026, 2.73% in Q1 2026, and 3.17% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 49.12 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 29.14 Bn | 25.93 Bn | - | 12.63% |
| 3 | Southwest Airlines | 19.65 Bn | 15.86 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.48 Bn | 1.81 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.99 Bn | 3.39 Bn | 1.01 Bn | 14.13% |
| 7 | Allegiant Travel | 1.84 Bn | 781.54 Mn | 902.77 Mn | 2.24% |
| 8 | Jetblue Airways | 1.81 Bn | -206.28 Mn | 2.32 Bn | -5.23% |
| 9 | Frontier Group Holdings | 1.35 Bn | 398.42 Mn | - | -7.58% |
| 10 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 791.79 Mn | -32.21 Mn | - | -25.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |