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RYAAY · Nasdaq · United States · Air Transportation, Scheduled
In shortRYANAIR HOLDINGS PLC is profitable, generates cash and holds more cash than debt, with revenue growing (+3.8% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.2% | 54/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.6% | 66/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 22.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.7% | 98/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.74× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.36× | 91/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 23.43× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.54 | 11/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.4% | 73/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.16× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 107.2% | 0/100 |
| Operating margin volatility | 28.1% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 42.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,636 | 4,801 | 10,775 | 13,444 | 13,949 |
| Operating income | (839) | (340) | 1,443 | 2,061 | 1,558 |
| Interest expense | 297 | 91 | 77 | 83 | 67 |
| Pre-tax income | (1,109) | (430) | 1,443 | 2,128 | 1,784 |
| Income tax | (94) | (189) | 129 | 211 | 173 |
| Net income | (1,015) | (241) | 1,314 | 1,917 | 1,612 |
| Diluted EPS | −€0.91 | −€0.21 | €1.15 | €1.67 | €1.45 |
| Diluted shares (millions) | 1,110 | 1,131 | 1,140 | 1,145 | 1,108 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
1.54 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2026 · Data updated May 19, 2025