71/100BRyanair Holdings financials
Yes. Ryanair Holdings earned 1.78B EUR of net income over the last twelve months, 11.3% of its revenue. It made a profit in 28 of its 31 fiscal years since 1996. Its last loss was in fiscal year 2022.
- Revenue (TTM)
- 15.81B EUR
- Net income (TTM)
- 1.78B EUR
- Free cash flow (TTM)
- 1.50B EUR
- Cash and short-term investments
- 2.59B EUR
- Total debt
- 580.40M EUR
- Shareholders' equity
- 11.62B EUR
Cash, debt and equity as of 30 Sept 2026.
Ryanair Holdings earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 0.04 | — | — | -39.27% | 3.70B | — | — | -3.33% | |
| Q2 FY2027 | 3.46 | 3.46 | 0.00% | -7.98% | 6.46B | 6.38B | -1.31% | +1.02% | |
| Q1 FY2027 | 1.25 | 1.19 | -4.80% | -33.52% | 5.06B | 5.00B | -1.24% | -1.44% | |
| Q4 FY2026 | -0.95 | -0.86 | +9.47% | — | 3.08B | 2.93B | -5.08% | +13.15% | |
| Q3 FY2026 | 0.15 | 0.07 | -54.64% | -76.54% | 3.70B | 3.82B | +3.32% | +23.07% | |
| Q2 FY2026 | 3.62 | 3.76 | +3.87% | +33.33% | 6.34B | 6.32B | -0.44% | +14.38% | |
| Q1 FY2026 | 1.37 | 1.79 | +30.66% | +163.24% | 4.87B | 5.07B | +4.10% | +28.55% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 3.35 | — | — | -10.53% | 19.75B | — | — | +10.72% |
| FY2027 | 3.74 | — | — | -21.30% | 17.83B | — | — | -1.67% |
| FY2026 | 4.90 | 4.76 | -2.95% | +50.06% | 18.19B | 18.14B | -0.31% | +19.64% |
| FY2025 | 3.25 | 3.17 | -2.49% | -12.17% | 15.42B | 15.16B | -1.67% | +3.77% |
| FY2024 | 3.59 | 3.61 | +0.50% | +42.13% | 14.54B | 14.61B | +0.46% | +30.68% |
| FY2023 | 2.63 | 2.54 | -3.24% | — | 11.67B | 11.18B | -4.18% | +107.73% |
Ryanair Holdings growth and profitability
Full income statement- Revenue (TTM)
- 15.81B EUR
- Net income (TTM)
- 1.78B EUR
- Gross margin
- 15.50%
- Operating margin
- 12.08%
- Net margin
- 11.28%
Revenue / Net income
How Ryanair Holdings makes its money
FY2026, in EUR. Each band is as wide as its money; the percentage is its share of revenue.
FY2026, in EUR. Each band is as wide as its money; the percentage is its share of revenue.
Operating and free cash flow
Full cash flow statementRyanair Holdings financial health
Full balance sheet- Cash and short-term investments
- 2.59B EUR
- Total debt
- 580.40M EUR
- Net cash
- 2.01B EUR
- Free cash flow (TTM)
- 1.50B EUR
- Current ratio
- 1.17
- Debt to equity
- 0.05
- Piotroski score
- 6 / 9
- Altman Z-score
- 4.22
Cash, debt and free cash flow
Assets, liabilities and equity
Ryanair Holdings valuation
- Price to earnings ratio (TTM)
- 15.47
- Forward P/E (FY2027)
- 15.84
- Price to sales (TTM)
- 1.74
- Price to book
- 2.37
- EV / EBITDA (TTM)
- 7.30
Capital structure
Valuation over time
Ryanair Holdings against its own history
Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: United Airlines Holdings, Southwest Airlines, Delta Air Lines, American Airlines Group, Joby Aviation, and Alaska Air Group, the US Airlines, Airports & Air Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median15.58.575.0
- Gross marginAt its median21.0%16.5%28.8%Against its peers: 4 of 7Peers' median 21.0%
- Operating marginHighest in 5 years15.8%-7.1%15.8%Against its peers: 1 of 7Peers' median 2.4%
- Net marginAbove its median14.0%-5.0%14.3%Against its peers: 1 of 7Peers' median 1.1%
- Return on equityBelow its median21.5%-4.3%25.2%Against its peers: 3 of 6Peers' median 5.5%
- Free cash flow marginAt its median11.6%-57.1%18.3%Against its peers: 1 of 7Peers' median -1.8%
- Revenue growthBelow its median11.4%3.8%193.5%Against its peers: 3 of 7Peers' median 3.2%
- EPS growthAt its median40.7%-13.2%45.2%Against its peers: 2 of 6Peers' median 5.3%
- Debt to EBITDALowest in 5 years0.39×0.39×13.33×Against its peers: 1 of 6Peers' median 4.12×
- Current ratioAt its median0.900.741.01Against its peers: 2 of 7Peers' median 0.51
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Ryanair Holdings dividends
- Annual dividend
- 5.34 EUR
- Dividend yield (indicated)
- 9.01%
- Payout ratio
- 35.05%
- Years of dividend growth
- 1
- Frequency
- Monthly
- Last payment
- 0.45 EUR
- Last ex-dividend date
- 11 Sept 2026
- Last payment date
- 28 Sept 2026
Dividends per share
Ryanair Holdings ownership
- Institutions
- 39.51%
- Institutional holders
- 424 (-21)
- Free float
- 91.77%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 1 | 0.00 | 6.17K |
| Q2 2026 | 0 | 11 | 460.20K | 586.81K |
| Q1 2026 | 0 | 0 | 0.00 | 0.00 |
Shares outstanding
Common questions about Ryanair Holdings's financials
Source: Financial Modeling Prep