VLRS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $6.49
P/E -98.7
EPS $-0.09
ROE -33.1%
52W Range $6–$11

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About Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates Company overview from Wikipedia

05 · wikidata

Concesionaria Vuela Compañía de Aviación S.A.B. de C.V., operating as Volaris, is a Mexican ultra low-cost airline based in Santa Fe, Álvaro Obregón, Mexico City, with its operating bases in Cancún, Culiacán, Guadalajara, León/Del Bajío, Mexicali, Mexico City, Monterrey, and Tijuana. It is Mexico's largest airline by transported passengers and serves domestic and international destinations within the Americas. It is the leading airline in the Mexican domestic airline market with a market share of 42%.

History

The pre-operations phase, the founding of the legal entities and setting up of the required infrastructure, started in August 2005 under the name Vuela Airlines. The idea for the airline was formed from the proposed "Vuelamex" project. Major initial shareholders of the company were Grupo Televisa (the world's biggest Spanish-language media conglomerate), Inbursa (an insurance company owned by multi-billionaire Carlos Slim), TACA Airlines, and the Discovery Americas Fund. Each of these partners invested 25% of the initial cost of activities, or 100 million USD.

In July 2010, it was announced that Televisa and Inbursa had sold their stake in Volaris, leaving the ownership of Volaris as follows: TACA Airlines with Roberto and Maria Cristina Kriete (50%), Investment fund Discovery Americas (over 25%), and Indigo Partners: Fund led by former America West CEO Bill Franke.

Ticket sales started in January 2006. Following the delivery of the airline's first aircraft, the first non-commercial flight was operated in February 2006. Scheduled revenue flights were launched on March 13, 2006, with the inaugural flight being between Toluca and Tijuana.

Volaris began service to Mexico City in September 2010 after absorbing flight routes from two defunct Mexican airlines, Aerocalifornia and Mexicana. In March 2011, the airline announced that its hub in Toluca would move to Guadalajara.

In June 2012, the airline launched a frequent flyer program called VClub. In June 2012, PayPal became a payment alternative for the airline, enabling customers to purchase tickets directly from the airline's website. In September 2012, Volaris announced a codeshare partnership with a German airline, Condor. Passengers of Condor are able to fly to more international destinations.

On March 13, 2013, the airline celebrated its seventh anniversary, offering passengers 70% off all flights, and has done this every year since then. Volaris announced the creation of a subsidiary, Volaris Costa Rica, in March 2016. The subsidiary, based at Juan Santamaría International Airport in the Costa Rican capital of San José, started operations in November 2016.

As of 2022, Volaris has faced multiple class-action lawsuits due to failure to properly refund flights canceled due to the COVID-19 pandemic.

In December 2025, Volaris and competitor Viva have signed an agreement to form a holding company, creating the largest low-cost airline group in Mexico. The deal aims to lower fleet costs, while both airlines would maintain their brands.

In 2025, Mexico's Federal Civil Aviation Agency (AFAC) authorized Volaris to operate 10 aircraft with foreign pilots between December 1, 2025, and January 12, 2026; the Association of Airline Pilots of Mexico (ASPA) claim the decision breaches Mexico's Constitution and Civil Aviation Law.

International operations

In November 2008, Volaris announced a codeshare agreement with U.S.-based low-cost carrier Southwest Airlines. In April 2009, Volaris announced the start of U.S.-bound flights out of Toluca and Guadalajara (initially to Los Angeles and Oakland) to feed into the hubs of Southwest Airlines. After Mexicana de Aviación's shutdown, Volaris took over many of Mexicana's international destinations and flights from its focus city, Guadalajara. The airline began using Guadalajara International Airport as an American gateway hub in late 2011.

In February 2013, Volaris and Southwest stopped codesharing. Southwest decided to focus more on the Mexican market with AirTran Airways, instead of codesharing with Volaris. In January 2018, Volaris announced a codeshare agreement with American low-cost carrier Frontier Airlines.

In June 2018, after Donald Trump signed an order ending the family separation policy, Volaris announced that they would offer free flights for children to reunite with family members who had been deported.

Corporate affairs

Business trends

The key trends for Volaris are (as of the financial year ending 31 December):

Headquarters

The airline is headquartered in Santa Fe, Álvaro Obregón, Mexico City. It formerly had its headquarters on the first floor of Prolongación Paseo de la Reforma 490 in Peña Blanca, Santa Fe.

Services

Volaris cabins are configured in a single class, high density layout.

Volaris does not provide complimentary meals or drinks on its flights. Passengers may purchase items on board from the "Entre nubes" buy on board program. Onboard sales are an important part of the airline's ancillary revenue. Items such as snacks, pillows, blankets and Volaris-branded items are sold on board. Volaris' monthly inflight magazine is called "V de Volaris".

The airline had previously provided in-flight entertainment (IFE) in most aircraft, utilizing drop-down screens on its Airbus aircraft. By 2019, all use of IFE had been discontinued.

Frequent flyer program

VClub is Volaris' frequent flyer program. It gives members exclusive deals on flights, baggage and packages. The airline offers individual and group memberships, with the option to pay monthly or annually. Volaris offers VPass, similar to Spirit's "$9 Fare Club". It offers a set subscription price, and charges customers only for taxes and additional services. Customers can book codeshare flights and earn points through fellow ultra-low-cost carrier, Frontier Airlines.

Corporate identity

Brand image

The Volaris logo, since its launch in 2005, has been a colorful, pixelated star against a black background. It represents the north star, Polaris, from which the airline's name is derived.

Advertising slogans

Volaris has used several slogans over the years:

2005–2008 – "Lo quieres, lo tienes" (You want it, you got it.)

2008–2012 – "Vive viajando" (Live travelling)

2013–2017 – "Tu decides" (You decide). Launched after the introduction of the "clean fare", which no longer included the cost of food, baggage, or seat selection in the airline's ticket prices.

2015 – "Queremos que todo el mundo vuele" (We want the whole world to fly)

2015–present – "Precios que te hacen viajar" (Prices that make you travel)

2016 – "Avión a precio de camión" (The plane at the price of a bus)

November 2018–present – "Don't just fly, vuela"

Destinations

Volaris operates scheduled flights to Mexico and elsewhere in the Americas from its hubs at Guadalajara International Airport in Guadalajara, Mexico City International Airport in Mexico City, and Tijuana International Airport in Tijuana. Focus cities include Cancún International Airport in Cancún, Bajío International Airport in León, and Monterrey International Airport in Monterrey.

Operating bases

Volaris operates crew bases at the following airports:

Cancún

Culiacán

Guadalajara

León/Del Bajío

Mexico City

Monterrey

Morelia

Tijuana

Codeshare agreements

Volaris codeshares with the following airlines:

Copa Airlines

Frontier Airlines

Hainan Airlines

Iberia

Turkish Airlines

Interline agreements

Condor

Fleet

Current fleet

As of October 2025, Volaris operates an all-Airbus A320 family fleet composed of the following aircraft:

Fleet development

Volaris became the first North American operator of the Airbus A320neo aircraft in September 2016.

In November 2017, during the Dubai Airshow, Indigo Partners announced an order for 430 aircraft of the Airbus A320neo family of which 80 will be for Volaris as follows: 46 Airbus A320neo aircraft and 34 Airbus A321neo aircraft.

In November 2021 during the Dubai Airshow, Volaris announced an order for 39 Airbus A321neo. An existing order for 20 Airbus A320neo aircraft was converted into A321neo.

On June 20, 2023, during the Paris Air Show, Volaris announced an order for 25 Airbus A321neo aircraft.

Incidents

On 8 December 2024, a passenger tried to enter the cockpit of a Volaris aircraft flying from Leon to Tijuana, forcing its diversion to Guadalajara, where the passenger was arrested after having been previously subdued by other passengers. The suspect said that he wanted to divert the aircraft to the United States after receiving a death threat from drug cartels.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryAirlines employees7,289 countryMX

10-Year Performance Revenue, net income, margins and EPS trends

06
EPS$-0.09
2017-12-31 → 2025-12-31
Free Cash Flow$458M
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend VLRS 5Y avg Peer Median Verdict
P/E -98.75Y avg ≈277.3 ≈277.3 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -17.6%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $-0.11 $-0.13 15.9%
March 31, 2026 $-0.06 $-0.08 27.7%
Dec. 31, 2025 $0.00 $0.02 -81.0%
Sept. 30, 2025 $0.01 $-0.00 —
June 30, 2025 $-0.05 $-0.08 30.1%
March 31, 2025 $0.00 $0.02 -81.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 11
Metric Trend 2025202420232022202120202019201820172016
Operating Income $135M$413M$223M$44M$397M$-134M$4.36B$535M$1.24B$2.70B
Interest Expense $314M$294M$219M$193M$139M$138M$2.27B$1.88B$1.52B$35M
Interest Income $48M$49M$38M$13M$4M$5M$208M$153M$106M$103M
Pretax Income $-118M$183M$7M$-132M$137M$-253M$3.73B$-1.29B$516M$4.94B
Income Tax $-14M$56M$-377.0K$-52M$31M$-62M$1.09B$-350M$238M$1.46B
Net Income $-104M$126M$8M$-80M$106M$-192M$2.64B$-943M$279M$3.48B
EPS (Basic) $-0.09$0.11$0.01$-0.07$0.09$-0.19$2.61$-0.93$0.28$3.44
EPS (Diluted) $-0.09$0.11$0.01$-0.07$0.09$-0.19$2.61$-0.93$0.28$3.44
Shares (Basic) 1,149,208,0001,150,743,0001,152,609,0001,155,030,0001,152,256,0001,004,965,0001,011,877,0001,011,877,0001,011,877,0001,011,877,000
Shares (Diluted) 1,149,208,0001,165,859,0001,165,451,0001,165,135,0001,165,612,0001,021,286,0001,011,877,0001,011,877,0001,011,877,0001,011,877,000
EBITDA $343M$596M$357M$141M$448M$-2.36B$5.03B$-380M$567M·
Balance Sheet 10
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $754M$908M$774M$712M$741M$506M$7.98B$423M$6.95B$7.07B
Inventory $17M$17M$16M$16M$14M$279M$302M$297M$295M$244M
Current Assets $1.39B$1.38B$1.25B$1.07B$979M$14.40B$12.12B$8.92B$11.05B$11.55B
PP&E (Net) $948M$1.07B$805M$479M$455M$365M$7.39B$5.78B$5.78B$2.53B
Intangibles $38M$26M$16M$13M$13M$192M$167M$179M$190M$114M
Total Assets $5.64B$5.70B$5.15B$4.47B$3.98B$68.19B$63.30B$56.72B$49.95B$21.78B
Current Liabilities $1.92B$1.77B$1.62B$1.42B$1.25B$20.97B$17.32B$14.08B$13.56B$7.96B
Total Liabilities $5.37B$5.34B$4.90B$4.23B$3.67B$65.39B$57.77B$54.02B$46.13B$11.06B
Retained Earnings $-126M$-22M$-148M$-156M$-76M$-3.86B$438M$-2.20B$-1.26B$5.85B
Stockholders' Equity $264M$365M$243M$235M$313M$140M$293M$2.71B$3.83B$3.58B
Cash Flow 8
Metric Trend 2025202420232022202120202019201820172016
D&A $208M$183M$134M$97M$57M$42M$676M$501M$549M$537M
Other Non-cash $646M$780M$588M$596M$612M$7.75B$6.20B$748M$1.03B·
Operating Cash Flow $750M$1.09B$730M$614M$785M$214M$9.51B$6.28B$6.02B$979M
CapEx $292M$583M$481M$347M$186M$157M$3.48B$2.74B$2.52B$2.20B
Investing Cash Flow $-89M$-473M$-462M$-131M$-135M$-3M$-1.88B$-1.39B$-2.26B$-28M
Financing Cash Flow $-819M$-472M$-214M$-513M$-435M$-130M$-5.24B$-5.95B$-3.63B$11M
Free Cash Flow $458M$507M$249M$266M$588M$983M$6.03B$-2.18B$-1.54B·
Levered FCF $182M$304M$19M$150M$480M$-1.29B$4.42B$-2.27B$-1.60B·
Profitability 3
Metric Trend 2025202420232022202120202019201820172016
ROA -1.8%2.3%0.16%-1.9%2.8%-6.5%4.4%-1.9%-2.7%·
ROE -33.1%41.6%3.3%-29.3%45.5%-277.9%64.1%-10.5%-8.6%·
ROIC 45.0%78.3%96.5%11.3%97.8%-87.6%55.7%-7.1%0.14%·
Liquidity & Solvency 3
Metric Trend 2025202420232022202120202019201820172016
Current Ratio 0.70.80.80.80.80.70.71.01.2·
Quick Ratio 0.40.50.50.50.60.50.50.60.7·
Interest Coverage 0.41.41.00.22.8-1.11.9-7.30.2·
Per Share 2
Metric Trend 2025202420232022202120202019201820172016
Cash Flow / Share $0.65$0.93$0.63$0.53$0.66$4.27$9.40$0.56$0.97·
EPS (TTM) $-0.09$0.11$0.01$-0.07$0.09$-0.19$2.61$-0.93$0.28·
Valuation (TTM) 3
Metric Trend 2025202420232022202120202019201820172016
Net Income TTM $-104M$126M$8M$-80M$106M$-192M$2.64B$-943M$279M·
P/E -98.768.91340.0-121.2197.5-66.14.0-5.729.2·
Earnings Yield -1.0%1.5%0.07%-0.83%0.51%-1.5%25.0%-17.4%3.4%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $-104M $126M $8M $-80M $106M
Diluted EPS $-0.09 $0.11 $0.01 $-0.07 $0.09

Institutional owners (13F) 85 filers · $379.5M total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 85
Value held $379.5M
New positions 12
Exited positions 23
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
12 (-22 vs prior Q) 23 (+12 vs prior Q) 21 (-6 vs prior Q) 26 (+7 vs prior Q) -624K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Indigo Partners LLC $199,183,393 21,257,566 52.49% Shares
WELLINGTON MANAGEMENT GROUP LLP $43,285,119 4,619,543 11.41% Shares
Thomist Capital Management, LP $16,441,670 1,754,714 4.33% Shares
Long Focus Capital Management, LLC $15,366,800 1,640,000 4.05% Shares
Teewinot Capital Advisers, L.L.C. $14,008,731 1,495,062 3.69% Shares
MORGAN STANLEY $11,212,197 1,196,606 2.95% Shares
DISCOVERY CAPITAL MANAGEMENT, LLC / CT $9,034,282 964,171 2.38% Shares
GOLDMAN SACHS GROUP INC $7,267,981 775,665 1.92% Shares
AMERICAN CENTURY COMPANIES INC $7,193,255 767,690 1.90% Shares
Walleye Capital LLC $6,703,364 715,407 1.77% Shares
BANK OF AMERICA CORP /DE/ $6,039,405 644,547 1.59% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $4,609,890 491,984 1.21% Shares
Ancient Art, L.P. $3,805,522 406,139 1.00% Shares
JPMORGAN CHASE & CO $2,956,898 318,975 0.78% Shares
BARCLAYS PLC $2,471,497 263,767 0.65% Shares
Diametric Capital, LP $2,370,225 252,959 0.62% Shares
Jump Financial, LLC $2,351,851 250,998 0.62% Shares
Empowered Funds, LLC $2,313,078 246,860 0.61% Shares
JANE STREET GROUP, LLC $2,244,762 239,569 0.59% Shares
DIMENSIONAL FUND ADVISORS LP $2,150,405 229,532 0.57% Shares
DIVERSIFY WEALTH MANAGEMENT, LLC $1,657,591 212,240 0.44% Shares
Diversify Advisory Services, LLC $1,657,591 212,240 0.44% Shares
BNP PARIBAS FINANCIAL MARKETS $1,403,626 149,800 0.37% Shares
Birnam Oak Advisors, LP $1,219,580 130,158 0.32% Shares
M&T Bank Corp $1,189,194 126,915 0.31% Shares
WOLVERINE TRADING, LLC $897,512 131,600 0.24% Call option
UBS Group AG $846,505 90,342 0.22% Shares
Numerai GP LLC $658,046 70,229 0.17% Shares
WINTON GROUP Ltd $653,089 69,700 0.17% Shares
ANTIPODES PARTNERS Ltd $615,112 65,647 0.16% Shares
Farther Finance Advisors, LLC $599,689 64,001 0.16% Shares
STATE STREET CORP $553,879 59,112 0.15% Shares
STIFEL FINANCIAL CORP $469,928 50,153 0.12% Shares
XTX Topco Ltd $453,752 48,426 0.12% Shares
Engineers Gate Manager LP $412,046 43,975 0.11% Shares
Cresset Asset Management, LLC $388,892 41,504 0.10% Shares
PRIMECAP MANAGEMENT CO/CA/ $384,170 41,000 0.10% Shares
CITADEL ADVISORS LLC $374,697 39,989 0.10% Shares
PRELUDE CAPITAL MANAGEMENT, LLC $318,692 34,012 0.08% Shares
HB Wealth Management, LLC $309,379 33,018 0.08% Shares
PEAK6 LLC $297,966 31,800 0.08% Call option
WOLVERINE TRADING, LLC $255,839 37,513 0.07% Shares
MARSHALL WACE, LLP $220,364 23,518 0.06% Shares
CONFLUENCE INVESTMENT MANAGEMENT LLC $212,128 32,386 0.06% Shares
Inspire Advisors, LLC $193,849 20,724 0.05% Shares
OPPENHEIMER & CO INC $191,617 20,450 0.05% Shares
Savant Capital, LLC $190,748 20,357 0.05% Shares
NewEdge Wealth, LLC $187,400 20,000 0.05% Shares
CWM, LLC $186,003 25,691 0.05% Shares
State of Wyoming $142,443 15,202 0.04% Shares

Show all 85 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Long Bar LatAM LLC, Indigo Mexico Cooperatief U.A., Indigo LatAm LP, Long Bar LatAm II LP, Indigo Mexico LLC, FRANKE WILLIAM A ×2 filings Dec. 22, 2025 18.20% Amendment · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 13 insiders · 0 officers · 5 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
William Dean Donovan Director May 28, 2026 S 2,946,050 0 3 $-1,127,000
Margain Guadalupe Phillips Director April 28, 2026 M 363,379 0 0 $0
Brian H. Franke Director April 28, 2026 M 3,496,120 0 0 $0
Andrew S. Broderick Director April 28, 2026 M 97,700 0 0 $0
Yanez Ricardo Maldonado Director April 28, 2026 M 405,712 0 0 $0
John Slowik · April 28, 2026 M 312,710 0 0 $0
Enrique Javier Beltranena Mejicano · April 28, 2026 M 13,965,052 0 0 $0
Monica Aspe Bernal · April 28, 2026 M 196,414 0 0 $0
Ricardo Maldonado Yanez · April 28, 2026 M 405,712 0 0 $0
Fernandez Jose Luis Fernandez · April 28, 2026 M 446,927 0 0 $0
Stan L Pace · April 28, 2026 M 349,240 0 0 $0
Joaquin Alberto Palomo Deneke · April 28, 2026 M 222,710 0 0 $0
Marco Baldocchi Kriete · April 24, 2026 A · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

VLRS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 11 analysts BUY
Median target $9.50 +46.4%
2 18.2% Strong Buy
5 45.5% Buy
4 36.4% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

13 analysts · 2026-10-02

Mean target $9.46 +45.8%

← Below all targets Current price $6.49
Low$7.40 Mean$9.46 High$12.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
VLRS · -98.7 · · -33.1% ·
AERO · 91.5 · 6.6% -47.0% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 20-F filed Apr 28, 2026