Shareholders' equity · 2014–2025

Azul shareholders' equity

−$5.3B−$380M · FY2025

Azul (AZUL) reported −$5.3B in shareholders' equity for fiscal 2025, −$380M from the year before.

$157M2014−$99.0M2015−$654M2016−$131M2017−$296M2018−$875M2019−$2.7B2020−$3.3B2021−$3.6B2022−$4.4B2023−$4.9B2024−$5.3B2025
Azul — Shareholders' equity, 2014–2025
Fiscal yearShareholders' equityChangeFiling
FY20252025-12-31−$5.3B−$380MOpen →
FY20242024-12-31−$4.9B−$526MOpen →
FY20232023-12-31−$4.4B−$800MOpen →
FY20222022-12-31−$3.6B−$305MOpen →
FY20212021-12-31−$3.3B−$567MOpen →
FY20202020-12-31−$2.7B−$1.8BOpen →
FY20192019-12-31−$875M−$579MOpen →
FY20182018-12-31−$296M−$166MOpen →
FY20172017-12-31−$131M+$523MOpen →
FY20162016-12-31−$654M−$554MOpen →
FY20152015-12-31−$99.0M−$256MOpen →
FY20142014-12-31$157M—Open →

Shareholders' equity — Shareholders' equity is what remains after subtracting liabilities from assets — the accounting book value of the company, not its market value.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026

Figures are reported under IFRS in BRL and converted to US dollars at ECB reference rates — fiscal 2025 average 5.582 BRL/$ for income items, year-end 5.478 BRL/$ for balance-sheet items.

Shareholders' equity at companies of similar size

Full ranking by shareholders' equity →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Azul shareholders' equity |url=https://companiesranked.com/en/company/azul/shareholders-equity |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Azul shareholders' equity. CompaniesRanked. https://companiesranked.com/en/company/azul/shareholders-equity

BibTeX

@misc{companiesranked-en-company-azul-shareholders-equity-2026,
  author       = {{CompaniesRanked}},
  title        = {{Azul shareholders' equity}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/azul/shareholders-equity}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001628280-26-023423 · April 3, 2026

{{cite web |title=Azul shareholders' equity — 20-F (0001628280-26-023423) |url=https://www.sec.gov/Archives/edgar/data/1432364/000162828026023423/azul-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-03}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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