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| 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% |