# Ryanair Holdings plc (RYAAY) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Industrials / Airlines. Price $54.60, market value $28.3 billion.

## Valuation
- **P/E (trailing): 13.7×** (5-yr avg 15.2×, 3-yr avg 15.1×). Ryanair Holdings plc trades at 13.7× trailing earnings, close to its own five-year average of 15.2×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 14.5×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.36**. A PEG of 0.36 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.8×**. Each dollar of revenue is priced at 1.8×.
- **Price / book: 2.2×**. The shares trade at 2.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.3×**. Enterprise value is 7.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 6.0%** (5-yr avg 5.5%). Free cash flow equals 6.0% of the market value, in line with its five-year average of 5.5%. Above 5% is generally attractive.
- **Earnings yield: 7.3%**. The inverse of the P/E: 7.3% of the price is earned each year.

## Profitability
- **Gross margin: 20.2%**. Ryanair Holdings plc keeps 20.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 13.1%**. 13.1% of revenue is left after running the business.
- **Net margin: 14.0%**. 14.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 21.5%**. 21.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 22.9%**. Return on all capital, debt included, is 22.9%: comfortably above what that capital costs.
- **Return on assets: 9.6%**. Each dollar of assets produces 9.6% of profit.

## Growth
- **Revenue growth (1 yr): 11.4%** (3-yr 13.0%/yr). Revenue grew 11.4% over the last year.
- **EPS growth (1 yr): 40.4%** (3-yr 21.0%/yr). Earnings per share rose 40.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -3.0%/yr**. Free cash flow has compounded at -3.0% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.15**. Debt is 0.15 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Ryanair Holdings plc holds more cash than debt.
- **Current ratio: 0.90** (quick 0.90). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.61**. A Z-score of 3.61 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.64%** ($0.90 per share, trailing). Ryanair Holdings plc yields 1.64%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 20%**. 20% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Shareholder yield: 3.9%**. Dividends plus net buybacks return 3.9% of the market value a year.

## Price and momentum
- **Total return (1 yr): -10.9%** (YTD -22.9%, 3-mo -7.8%). The shares are down 10.9% over twelve months including dividends.
- **From 52-week high: -26.5%** (7.0% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 57**. An RSI of 57 is neutral.
- **Beta (1 yr): 1.28** (volatility 37%). Beta of 1.28 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RYAAY · Page: https://foliofundamentals.com/stocks/ryaay

Not investment advice.