Friday 6 November 2026
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Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
VLRS Industrials Airlines
Controladora Vuela Compania de Aviacion, S.A.B. de C.V.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, down 3.32% from fiscal 2024.
- Revenue
- +32.4%
- EPS
- −534.6%
- Free cash flow
- +14.2%
- Total debt
- −24.8%
Quarter to September 2026, against a year earlier
7.32
0.11
−1.48%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,260 | 1,259 | 1,387 | 1,844 | 1,111 | 2,200 | 2,847 | 3,259 | 3,142 | 3,038 | 3,550 | +10.3% | — | — | — | — | |
| Gross margin, % | 75.58 | 70.80 | 62.88 | 66.55 | 70.03 | 72.30 | 54.37 | 64.25 | 71.55 | 70.85 | 65.76 | (4.7) pt | ||||||
| EBT | 267 | (38) | (47) | 198 | (286) | 137 | (132) | 7 | 183 | (118) | (279) | n/m | ||||||
| EBT margin, % | 21.17 | (3.04) | (3.37) | 10.74 | (25.72) | 6.23 | (4.65) | 0.23 | 5.81 | (3.89) | (7.87) | (25.1) pt | ||||||
| Net income | 267 | (38) | (47) | 198 | (286) | 137 | (80) | 8 | 126 | (104) | (104) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 12.45 | 12.44 | 13.71 | 18.22 | 10.87 | 19.10 | 24.65 | 28.27 | 27.30 | 26.43 | 3.09 | +8.7% | |||||
| Earnings | 1.68 | (0.30) | (0.35) | 1.38 | (2.11) | 0.88 | (0.69) | 0.07 | 1.10 | (0.91) | (1.71) | n/m | ||||||
| Cash flow | 0.52 | 0.49 | 0.28 | 4.99 | 2.14 | 6.82 | 5.31 | 6.33 | 9.47 | 6.52 | 0.88 | +32.5% | ||||||
| Capex | (0.93) | (1.24) | (1.03) | (1.36) | (0.87) | (1.55) | (3.05) | (4.25) | (5.07) | (2.29) | 0.00 | +10.5% | ||||||
| Free cash flow | (0.41) | (0.75) | (0.75) | 3.63 | 1.27 | 5.27 | 2.27 | 2.08 | 4.40 | 4.23 | 0.88 | n/m | ||||||
| Book value | 5.72 | 5.09 | 4.61 | 2.90 | 1.37 | 2.72 | 2.03 | 2.10 | 3.17 | 2.30 | 0.04 | (9.6%) | ||||||
| Shares, m | 101 | 101 | 101 | 101 | 102 | 115 | 116 | 115 | 115 | 115 | 374 | +1.4% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 8.29 | 0.00 | 0.00 | 7.66 | 0.00 | 43.24 | 0.00 | 150.17 | 6.76 | 0.00 | 0.00 | 21.6 | |||||
| P/S | 1.20 | 0.66 | 0.39 | 0.57 | 1.14 | 9.46 | 0.32 | 0.32 | 0.27 | 0.34 | 2.37 | 1.5 | ||||||
| P/B | 2.61 | 1.61 | 1.16 | 3.59 | 9.05 | 67.16 | 3.83 | 4.28 | 2.35 | 3.87 | 200.34 | 10.0 | ||||||
| EV/Sales | 0.91 | 0.44 | 0.27 | 0.46 | 0.88 | 9.23 | 0.14 | 0.23 | 0.15 | 0.22 | 2.24 | 1.3 | ||||||
| EV/FCF | (27.33) | (7.40) | (5.00) | 2.33 | 7.52 | 36.77 | 2.27 | (3.72) | (0.74) | (0.71) | (11.70) | 0.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 52 | 50 | 29 | 505 | 219 | 785 | 614 | 730 | 1,090 | 750 | 1,009 | +34.4% | |||||
| Capex | (94) | (125) | (105) | (137) | (89) | (178) | (352) | (490) | (584) | (263) | (1,689) | +12.1% | ||||||
| Free cash flow | (42) | (75) | (76) | 367 | 129 | 607 | 262 | 240 | 506 | 487 | 1,009 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 196 | 98 | (3) | (276) | (329) | (273) | (354) | (374) | (388) | (523) | (747) | n/m | |||||
| Net debt | (364) | (269) | (162) | (198) | (295) | (515) | (503) | (284) | (371) | (349) | (454) | (0.5%) | ||||||
| Shareholders’ equity | 579 | 515 | 466 | 293 | 140 | 313 | 235 | 243 | 365 | 264 | 42 | (8.4%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 18.36 | (2.60) | (3.04) | 6.23 | (6.35) | 2.88 | (1.90) | 0.16 | 2.33 | (1.83) | (3.82) | (20.2) pt | |||||
| ROIC | 42.74 | 0.24 | (9.20) | 151.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (42.7) pt | ||||||
| ROE | 38.69 | (5.51) | (7.07) | 36.88 | (99.28) | 46.97 | (29.29) | 3.28 | 41.61 | (33.05) | (144.65) | (71.7) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 4,550 | 4,752 | 4,600 | 4,950 | 4,846 | 6,714 | 7,364 | 7,198 | 6,901 | 7,098 | — | +5.1% | |||||
| Revenue/emp, $m | 0.28 | 0.26 | 0.30 | 0.37 | 0.23 | 0.33 | 0.39 | 0.45 | 0.46 | 0.43 | — | +5.0% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. vs peers in Airlines (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ALK Alaska Air Group, Inc. | $4.3B | — (loss-making) | — (loss-making) | +14.39% (above 0%: growing) | n/m | −16.83% (below 0%: shrinking) | 100.00% | 1.90% | Compare |
| SKYW SkyWest, Inc. | $3.0B | 7.6× | 7.7× | +6.41% (above 0%: growing) | +7.27% (above 0%: growing) | −119.57% (below 0%: shrinking) | 69.21% | 15.75% | Compare |
| ALGT Allegiant Travel Company | $2.4B | 61.7× | 47.8× | +36.86% (above 0%: growing) | n/m | −610.56% (below 0%: shrinking) | 24.77% | 2.24% | Compare |
| AERO Grupo Aeromexico SAB DE CV - Sponsored ADR | $2.1B | 9.3× | 71.2× | +8.67% (above 0%: growing) | −44.00% (below 0%: shrinking) | −77.90% (below 0%: shrinking) | 71.03% | 11.74% | Compare |
| ULCC Frontier Group Holdings, Inc. | $1.6B | — (loss-making) | — (loss-making) | +52.93% (above 0%: growing) | n/m | +76.50% (above 0%: growing) | 23.76% | (7.97%) | Compare |
| JBLU JetBlue Airways Corporation | $1.3B | — (loss-making) | — (loss-making) | +21.10% (above 0%: growing) | n/m | −28.53% (below 0%: shrinking) | 54.13% | (5.12%) | Compare |
| RJET Republic Airways Holdings Inc. | $928.9M | 9.3× | 1.3× | +34.34% (above 0%: growing) | +345.63% (above 0%: growing) | +244.29% (above 0%: growing) | 75.59% | 11.42% | Compare |
| AZUL Azul S.A. - Sponsored ADR | $881.8M | — (loss-making) | — | +23.24% (above 0%: growing) | n/m | −179.01% (below 0%: shrinking) | 41.18% | (3.19%) | Compare |
| VLRS Controladora Vuela Compania de Aviacion, S.A.B. de C.V. | $841.4M | — (loss-making) | — | +32.40% (above 0%: growing) | n/m | +14.15% (above 0%: growing) | 63.68% | 3.28% | |
| Median of peers | $1.9B | 9.3× | 27.8× | +22.17% | +7.27% | −53.21% | 61.67% | 2.07% |