Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) Financial Ratios
15 years of historical data (2011–2025) · Industrials · Airlines, Airports & Air Services
EV/EBITDA
↓
5.22
-4% vs avg
5yr avg: 5.41
30Y Low3.8·High22.7
P/FCF
↓
1.38
↓-54% vs avg
5yr avg: 2.99
30Y Low1.4·High25.0
P/B Ratio
↓
3.92
-9% vs avg
5yr avg: 4.31
30Y Low1.2·High9.0
ROE
↓
-33.1%
↑-668% vs avg
5yr avg: 5.8%
30Y Low-90%·High47%
Debt/EBITDA
↑
4.87
+2% vs avg
5yr avg: 4.78
30Y Low0.5·High17.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VLRS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 1.4x P/FCF, 54% below the 5-year average of 3.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $1.0B | $856M | $1.1B | $975M | $2.1B | $1.3B | $1.1B | $541M | $812M | $1.5B |
| Enterprise Value | $4.1B | $4.1B | $3.8B | $3.9B | $3.2B | $4.1B | $3.2B | $2.9B | $429M | $635M | $1.3B |
| P/E Ratio → | -9.97 | — | 6.76 | 140.00 | — | 20.19 | — | 7.44 | — | — | 8.85 |
| P/S Ratio | 0.34 | 0.34 | 0.27 | 0.34 | 0.34 | 0.95 | 1.18 | 0.58 | 0.39 | 0.64 | 1.34 |
| P/B Ratio | 3.92 | 3.88 | 2.35 | 4.51 | 4.15 | 6.65 | 9.03 | 3.66 | 1.16 | 1.57 | 2.92 |
| P/FCF | 1.38 | 1.36 | 1.69 | 4.58 | 3.75 | 3.56 | 24.96 | 3.38 | — | — | — |
| P/OCF | 1.38 | 1.36 | 0.79 | 1.50 | 1.59 | 2.67 | 5.93 | 2.11 | 18.80 | 16.17 | 32.22 |
P/E links to full P/E history page with 30-year chart
VLRS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s enterprise value stands at 5.2x EBITDA, roughly in line with its 5-year average of 5.4x. The Industrials sector median is 13.9x, placing the stock at a 62% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.36 | 1.22 | 1.19 | 1.14 | 1.86 | 3.02 | 1.59 | 0.31 | 0.50 | 1.13 |
| EV / EBITDA | 5.22 | 5.20 | 3.81 | 5.39 | 7.03 | 5.64 | 22.41 | 5.85 | — | 21.98 | 8.08 |
| EV / EBIT | 30.62 | 30.54 | 8.04 | 17.25 | 54.88 | 14.87 | — | 9.24 | 14.59 | 6.16 | 5.33 |
| EV / FCF | — | 5.50 | 7.56 | 16.24 | 12.50 | 6.93 | 63.94 | 9.24 | — | — | — |
VLRS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. earns an operating margin of 4.4%, roughly in line with the Industrials sector average. Operating margins have compressed from 6.8% to 4.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -33.1% indicates the company is currently destroying shareholder equity. ROIC of 3.0% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.4% | 27.4% | 35.3% | 15.5% | 8.6% | 24.9% | -2.4% | 19.1% | 3.7% | 10.5% | 19.3% |
| Operating Margin | 4.4% | 4.4% | 13.1% | 6.8% | 1.5% | 18.0% | -12.4% | 11.8% | -3.2% | 0.1% | 11.7% |
| Net Profit Margin | -3.4% | -3.4% | 4.0% | 0.2% | -2.8% | 4.8% | -17.8% | 7.6% | -2.5% | -2.4% | 15.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -33.1% | -33.1% | 41.5% | 3.3% | -29.2% | 46.7% | -89.5% | 36.3% | -7.1% | -5.8% | 37.1% |
| ROA | -1.8% | -1.8% | 2.3% | 0.2% | -1.9% | 2.9% | -5.7% | 6.1% | -3.1% | -2.7% | 17.3% |
| ROIC | 3.0% | 3.0% | 9.7% | 6.0% | 1.4% | 13.5% | -4.7% | 12.9% | -9.7% | 0.2% | 42.7% |
| ROCE | 3.5% | 3.5% | 11.1% | 6.8% | 1.5% | 15.6% | -5.6% | 13.8% | -6.7% | 0.1% | 23.1% |
VLRS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. carries a Debt/EBITDA ratio of 4.9x, which is highly leveraged (51% above the sector average of 3.2x). Net debt stands at $3.1B ($3.9B total debt minus $754M cash). Interest coverage of just 0.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 14.66 | 14.66 | 10.61 | 14.61 | 12.70 | 8.68 | 17.71 | 7.82 | 0.40 | 0.34 | 0.19 |
| Debt / EBITDA | 4.87 | 4.87 | 3.85 | 4.93 | 6.46 | 3.78 | 17.16 | 4.57 | — | 6.14 | 0.61 |
| Net Debt / Equity | — | 11.79 | 8.15 | 11.47 | 9.67 | 6.31 | 14.09 | 6.35 | -0.24 | -0.34 | -0.47 |
| Net Debt / EBITDA | 3.92 | 3.92 | 2.95 | 3.87 | 4.92 | 2.75 | 13.66 | 3.71 | — | -6.11 | -1.55 |
| Debt / FCF | — | 4.14 | 5.87 | 11.66 | 8.74 | 3.37 | 38.98 | 5.86 | — | — | — |
| Interest Coverage | 0.43 | 0.43 | 1.62 | 1.03 | 0.31 | 1.97 | -1.13 | 2.65 | 0.30 | 22.57 | 141.39 |
VLRS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.73x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.73 | 0.73 | 0.78 | 0.77 | 0.75 | 0.78 | 0.68 | 0.70 | 1.00 | 1.21 | 1.43 |
| Quick Ratio | 0.72 | 0.72 | 0.77 | 0.76 | 0.74 | 0.76 | 0.66 | 0.68 | 0.97 | 1.18 | 1.41 |
| Cash Ratio | 0.40 | 0.40 | 0.53 | 0.48 | 0.50 | 0.59 | 0.47 | 0.47 | 0.64 | 0.79 | 0.91 |
| Asset Turnover | — | 0.54 | 0.55 | 0.63 | 0.64 | 0.55 | 0.31 | 0.54 | 1.22 | 1.10 | 1.06 |
| Inventory Turnover | 129.82 | 129.82 | 122.23 | 170.86 | 117.17 | 71.58 | 78.53 | 91.77 | 88.42 | 75.41 | 77.83 |
| Days Sales Outstanding | — | 31.48 | 16.13 | 28.07 | 31.23 | 18.70 | 34.51 | 24.72 | 19.61 | 21.29 | 14.94 |
VLRS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 14.8% | 0.7% | — | 5.0% | — | 13.4% | — | — | 11.3% |
| FCF Yield | 72.7% | 73.5% | 59.2% | 21.8% | 26.6% | 28.1% | 4.0% | 29.6% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.6% | 0.4% | 0.5% | 0.2% | 0.4% | 0.4% | 0.5% | 0.1% | 0.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.6% | 0.4% | 0.5% | 0.2% | 0.4% | 0.4% | 0.5% | 0.1% | 0.1% |
| Shares Outstanding | — | $115M | $115M | $117M | $117M | $117M | $102M | $101M | $101M | $101M | $101M |
Peer Comparison
Compare VLRS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VLRSYou | $1B | -10.0 | 5.2 | 1.4 | 27.4% | 4.4% | -33.1% | 3.0% | 4.9 |
 ULCC | $2B | -12.0 | — | — | 35.5% | -4.0% | -25.0% | -2.3% | — |
 SKY | $5B | 22.8 | 15.6 | 17.0 | 26.4% | 9.5% | 13.7% | 17.6% | 0.4 |
 AAL | $11B | 94.1 | 13.0 | — | 19.2% | 2.7% | — | 3.5% | 10.5 |
 UAL | $38B | 11.6 | 8.3 | 15.0 | 64.1% | 8.0% | 24.0% | 9.1% | 4.1 |
 DAL | $55B | 11.0 | 8.7 | 14.3 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
 LUV | $24B | 60.7 | 13.2 | — | 17.4% | 1.5% | 4.8% | 3.0% | 3.0 |
 JBLU | $2B | -3.4 | 32.3 | — | 33.9% | -4.1% | -25.3% | -2.7% | 32.0 |
 BA | $176B | 89.8 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 AIR | $5B | 385.4 | 26.2 | 3812.5 | 19.0% | 6.7% | 1.0% | 6.4% | 4.4 |
 GE | $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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VLRS — Frequently Asked Questions
Quick answers to the most common questions about buying VLRS stock.
What is Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s P/E ratio?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s current P/E ratio is -10.0x. The historical average is 34.2x.
What is Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s EV/EBITDA?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s current EV/EBITDA is 5.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.6x.
What is Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s ROE?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s return on equity (ROE) is -33.1%. The historical average is 3.6%.
Is VLRS stock overvalued?
Based on historical data, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. is trading at a P/E of -10.0x. Compare with industry peers and growth rates for a complete picture.
What are Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s profit margins?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. has 27.4% gross margin and 4.4% operating margin.
How much debt does Controladora Vuela Compañía de Aviación, S.A.B. de C.V. have?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s Debt/EBITDA ratio is 4.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.