(RYAAY) Ryanair Holdings - Overview
Sector: Industrials | Industry: Airlines | Exchange: NASDAQ (USA) | Market Cap: 31.014m USD | Total Return: 10.8% in 12m
Avg Turnover: 94.4M
EPS Trend: -69.4%
Qual. Beats: 0
Rev. Trend: 94.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Ryanair Holdings PLC (RYAAY) operates as a leading ultra-low-cost carrier (ULCC) providing scheduled passenger services across Europe and North Africa. Headquartered in Ireland, the company utilizes a point-to-point business model rather than a traditional hub-and-spoke system, which minimizes turnaround times and reduces airport fees.
The firm generates significant revenue through ancillary services, including seat assignments, priority boarding, and in-flight sales of food and merchandise. It further leverages its digital platforms to market third-party travel insurance, car rentals, and accommodation. This high-margin ancillary income is a critical component of the ULCC sector, often offsetting lower base ticket fares to maintain overall profitability.
Investors can evaluate the company’s cost-efficiency metrics and historical growth trends by exploring ValueRay. Additionally, Ryanair maintains its own aircraft maintenance and ground handling operations to ensure tighter control over its operational cost base.
- European short-haul market share growth through aggressive low-cost carrier pricing strategy
- Fluctuating jet fuel prices impact operating margins and overall bottom-line profitability
- Boeing aircraft delivery delays constrain capacity growth and affect summer flight schedules
- Ancillary revenue expansion through priority boarding and seat selection drives margin growth
- European Union environmental regulations and carbon taxes increase long-term regional operating costs
| Net Income: 2.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 10.83 > 1.0 |
| NWC/Revenue: -5.32% < 20% (prev -15.36%; Δ 10.05% < -1%) |
| CFO/TA 0.19 > 3% & CFO 3.70b > Net Income 2.17b |
| Net Debt (-1.94b) to EBITDA (3.84b): -0.51 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (521.9m) vs 12m ago -5.76% < -2% |
| Gross Margin: 25.20% > 18% (prev 0.19%; Δ 2.50k% > 0.5%) |
| Asset Turnover: 83.62% > 50% (prev 79.67%; Δ 3.95% > 0%) |
| Interest Coverage Ratio: 49.39 > 6 (EBITDA TTM 3.84b / Interest Expense TTM 49.9m) |
| A: -0.04 (Total Current Assets 7.75b - Total Current Liabilities 8.58b) / Total Assets 19.8b |
| B: 0.34 (Retained Earnings 6.78b / Total Assets 19.8b) |
| C: 0.13 (EBIT TTM 2.47b / Avg Total Assets 18.6b) |
| D: 0.71 (Book Value of Equity 6.84b / Total Liabilities 9.66b) |
| Altman-Z'' = 2.48 = A |
| DSRI: 0.54 (Receivables 44.2m/73.5m, Revenue 15.6b/13.9b) |
| GMI: 0.75 (GM 25.20% / 19.00%) |
| AQI: 1.00 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.12 (Revenue 15.6b / 13.9b) |
| TATA: -0.08 (NI 2.17b - CFO 3.70b) / TA 19.8b) |
| Beneish M = -3.62 (Cap -4..+1) = AAA |
As of May 29, 2026, the stock is trading at USD 61.24 with a total of 1,526,788 shares traded.
Over the past week, the price has changed by +7.65%,
over one month by +12.53%,
over three months by -9.26% and
over the past year by +10.77%.
Ryanair Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy RYAAY.
- StrongBuy: 3
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 74.9 | 22.3% |
Market Cap EUR = 26.6b (31.0b USD * 0.8577 USD.EUR)
P/E Trailing = 12.5516
P/E Forward = 13.7931
P/S = 1.9952
P/B = 2.6413
P/EG = 0.831
Revenue TTM = 15.6b EUR
EBIT TTM = 2.47b EUR
EBITDA TTM = 3.84b EUR
Long Term Debt = 147.8m EUR (from longTermDebt, last quarter)
Short Term Debt = 1.24b EUR (from shortTermDebt, last quarter)
Debt = 1.64b EUR (from shortLongTermDebtTotal, last quarter) + Leases 144.9m
Net Debt = -1.94b EUR (calculated: Debt 1.64b - CCE 3.58b)
Enterprise Value = 24.7b EUR (26.6b + Debt 1.64b - CCE 3.58b)
Interest Coverage Ratio = 49.39 (Ebit TTM 2.47b / Interest Expense TTM 49.9m)
EV/FCF = 13.58x (Enterprise Value 24.7b / FCF TTM 1.82b)
FCF Yield = 7.36% (FCF TTM 1.82b / Enterprise Value 24.7b)
FCF Margin = 11.65% (FCF TTM 1.82b / Revenue TTM 15.6b)
Net Margin = 13.91% (Net Income TTM 2.17b / Revenue TTM 15.6b)
Gross Margin = 25.20% ((Revenue TTM 15.6b - Cost of Revenue TTM 11.7b) / Revenue TTM)
Gross Margin QoQ = -12.48% (prev 18.78%)
Tobins Q-Ratio = 1.25 (Enterprise Value 24.7b / Total Assets 19.8b)
Interest Expense / Debt = 3.05% (Interest Expense 49.9m / Debt 1.64b)
Taxrate = 10.30% (251.3m / 2.44b)
NOPAT = 2.21b (EBIT 2.47b * (1 - 10.30%))
Current Ratio = 0.90 (Total Current Assets 7.75b / Total Current Liabilities 8.58b)
Debt / Equity = 0.16 (Debt 1.64b / totalStockholderEquity, last quarter 10.1b)
Debt / EBITDA = -0.51 (Net Debt -1.94b / EBITDA 3.84b)
Debt / FCF = -1.07 (Net Debt -1.94b / FCF TTM 1.82b)
Total Stockholder Equity = 8.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.63% (Net Income 2.17b / Total Assets 19.8b)
RoE = 24.58% (Net Income TTM 2.17b / Total Stockholder Equity 8.82b)
RoCE = 27.50% (EBIT 2.47b / Capital Employed (Equity 8.82b + L.T.Debt 147.8m))
RoIC = 25.00% (NOPAT 2.21b / Invested Capital 8.85b)
WACC = 7.92% (E(26.6b)/V(28.2b) * Re(8.24%) + D(1.64b)/V(28.2b) * Rd(3.05%) * (1-Tc(0.10)))
Discount Rate = 8.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.21 | Cagr: -35.67%
[DCF] Terminal Value 75.44% ; FCFF base≈1.82b ; Y1≈1.82b ; Y5≈1.93b
[DCF] Fair Price = 61.48 (EV 30.0b - Net Debt -1.94b = Equity 32.0b / Shares 520.2m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -69.37 | EPS CAGR: -27.26% | SUE: 0.06 | # QB: 0
Revenue Correlation: 94.24 | Revenue CAGR: 8.58% | SUE: 0.39 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.38 | Chg30d=-26.68% | Revisions=-33% | Analysts=3
EPS next Quarter (2026-09-30): EPS=3.84 | Chg30d=-7.16% | Revisions=-33% | Analysts=3
EPS current Year (2027-03-31): EPS=4.59 | Chg30d=-15.32% | Revisions=-50% | GrowthEPS=-7.0% | GrowthRev=+4.0%
EPS next Year (2028-03-31): EPS=5.52 | Chg30d=-11.94% | Revisions=+20% | GrowthEPS=+20.4% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: -50%