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%
Market cap
$841.4M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
4/9
Altman Z
0.33
Beneish M
−2.36
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.13
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — 3 — — — — — —
Insider Ownership 91.82%

Capital & Financial Ratios $m

Size
Market Cap 841.43
Revenue ttm 3,549.52
Net income ttm (103.87)
Free cash flow ttm 1,008.83
Net debt Q (454.00)
Valuation
P/E 0.00
Forward P/E —
Price / sales 2.37
Forward P/S Powerpack
Price / FCF 0.00
Price / book 200.34 (above 6: high)
Financial health
Current ratio Q 0.67 (below 1: weak)
Debt / equity Q 14.24 (above 2: weak)
Interest coverage Q 0.40
Growth
Revenue growth Q +32.40% (above 0%: growing)
Operating income growth Q −50.00% (below 0%: shrinking)
EPS, this year −120.93% (below 0%: weak)
EPS, next year A +84.29% (at or above 15%: strong)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A −20.49% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 90.69%
10-year low 10-year high
P/B against its own 10 years 97.48%
10-year low 10-year high
EV/Sales against its own 10 years 88.34%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 937 1,181 1,052 1,052
Receivables 251 139 262 336
Inventory 16 17 17 21
Other — — — —
1,248 1,382 1,393 1,523
2023 2024 2025 Q'26
Payables — 164 192 268
ST’ Debt 220 284 262 165
Other 595 569 696 678
1,622 1,770 1,916 2,270

Compound Annual Growth %

10y 5y 3y
Sales 11.14% 22.29% 2.18%
Cash Flow 15.44% 27.96% 6.91%
Earnings 0.00% 0.00% 0.00%
Book Value (4.00%) 13.48% 3.97%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.62) (1.11) (0.02) — —
’25 (0.44) (0.54) 0.01 0.04 (0.90)
’24 0.29 0.09 0.32 0.39 1.08
’23 (0.61) 0.05 (0.33) 0.96 0.07
’22 (0.42) (0.42) 0.30 (0.19) (0.69)
’21 (0.31) 0.67 0.06 (0.01) 0.88
’20 (0.63) (0.71) (0.96) 0.31 (2.11)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 770 859 1,038 — —
’25 678 693 784 883 3,038
’24 768 726 813 835 3,142
’23 731 782 848 898 3,259
’22 567 691 769 820 2,847
’21 315 581 629 690 2,200
’20 395 65 214 436 1,111
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 251 272 234 — —
’25 157 136 205 252 750
’24 245 304 233 308 1,090
’23 208 159 146 217 730
’22 196 157 93 168 614
’21 37 294 — 244 785
’20 142 4 3 70 219
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 251 272 234 — —
’25 157 136 205 (11) 487
’24 245 304 233 (276) 506
’23 208 159 146 (273) 240
’22 196 157 93 (184) 262
’21 37 294 — 244 607
’20 140 7 228 (246) 129
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

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Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) Latest News

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stockrow.com/VLRS · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com