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Ryanair Holdings
(NASDAQ:RYAAY)
Ryanair Holdings (RYAAY) vs. SPDR S&P 500 ETF (SPY)
Ryanair Holdings Business Overview & Revenue Model
Ryanair Holdings Earnings Call Summary
Ryanair Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.07B | 13.95B | 13.44B | 10.78B | 4.80B | 1.64B |
| Gross Profit | 4.10B | 2.65B | 3.88B | 2.22B | 120.70M | -66.90M |
| EBITDA | 3.99B | 3.07B | 3.06B | 2.44B | 381.00M | -337.00M |
| Net Income | 2.36B | 1.61B | 1.92B | 1.31B | -240.80M | -1.02B |
Balance Sheet | ||||||
| Total Assets | 16.39B | 17.51B | 17.18B | 16.41B | 15.15B | 12.33B |
| Cash, Cash Equivalents and Short-Term Investments | 2.96B | 3.96B | 4.11B | 4.66B | 3.60B | 3.12B |
| Total Debt | 1.47B | 2.68B | 2.75B | 4.12B | 5.08B | 5.43B |
| Total Liabilities | 7.42B | 10.47B | 9.56B | 10.76B | 9.60B | 7.68B |
| Stockholders Equity | 8.97B | 7.04B | 7.61B | 5.64B | 5.55B | 4.65B |
Cash Flow | ||||||
| Free Cash Flow | 86.40M | 1.86B | 766.00M | 1.98B | 758.90M | 758.90M |
| Operating Cash Flow | 1.61B | 3.42B | 3.16B | 3.89B | 1.94B | 1.94B |
| Investing Cash Flow | -655.70M | -1.43B | -1.56B | -1.90B | -1.41B | -1.41B |
| Financing Cash Flow | -2.28B | -2.00B | -1.33B | -1.05B | -536.50M | -536.50M |
Ryanair Holdings Technical Analysis
Ryanair Holdings Risk Analysis
Ryanair Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | $34.60B | 12.75 | 28.67% | 1.50% | 14.75% | 71.73% | |
80 Outperform | $43.89B | 9.47 | 28.52% | 1.00% | 4.33% | -1.58% | |
74 Outperform | $33.98B | 10.47 | 25.59% | ― | 4.24% | 20.29% | |
67 Neutral | $14.85B | 12.23 | 135.74% | 1.99% | 6.81% | 58.22% | |
66 Neutral | $19.63B | 57.83 | 4.22% | 1.89% | 0.65% | ― | |
64 Neutral | $9.78B | 17.86 | ― | ― | 1.27% | 118.64% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Ryanair Holdings Corporate Events
Ryanair Holdings plc announced that between December 1 and December 5, 2025, it repurchased and canceled a total of 13,333 ordinary shares and 321,138 ordinary shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, initially announced in May 2025, is part of Ryanair’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock price and shareholder equity positively.
Ryanair Holdings has announced an interim dividend of €0.193 per ordinary share for the fiscal year 2026, with the payment scheduled for February 25, 2026. This move reflects the company’s financial health and commitment to returning value to shareholders, potentially strengthening its market position and investor confidence.
On December 2, 2025, Parvus Asset Management Jersey Limited reduced its financial instrument holdings in Ryanair Holdings Plc, dropping below the 3% voting rights threshold through equity swaps. This change, notified on December 4, 2025, signifies a shift in the investment strategy of a major stakeholder, potentially impacting Ryanair’s market perception and shareholder dynamics.
On December 2, 2025, Ryanair announced a 6% increase in passenger traffic for November 2025, reaching 13.8 million guests compared to 13.0 million in November 2024. The airline operated over 78,000 flights during the month, maintaining a load factor of 92%. This growth reflects Ryanair’s robust operational performance and its ability to attract more passengers, reinforcing its position in the competitive airline market.
On December 1, 2025, Ryanair Holdings announced that as of November 30, 2025, its issued share capital comprised 1,051,242,505 ordinary shares, each with a nominal value of €0.006. The company does not hold any shares in treasury, making the total number of shares with voting rights identical to the issued share capital. This information is crucial for shareholders to determine their notification obligations under the relevant regulations.
Ryanair Holdings plc announced that between November 24 and November 28, 2025, it repurchased a total of 9,024 ordinary shares and 257,412 shares underlying American Depositary Shares as part of its ongoing share buy-back program. These transactions are part of a strategy announced earlier in May 2025, aimed at enhancing shareholder value by reducing the number of shares outstanding, which may positively impact the company’s stock price and market perception.
Ryanair Holdings plc announced that between November 17 and November 21, 2025, it repurchased and cancelled a total of 11,223 ordinary shares and 321,266 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, originally announced in May 2025, aims to manage the company’s share capital efficiently, potentially enhancing shareholder value by reducing the number of shares outstanding.
On November 19, 2025, Ryanair Holdings publicly challenged Edreams, an online travel agent, for overcharging customers by not adhering to price transparency standards. Unlike other major OTAs such as Booking.com and Lastminute, Edreams has been accused of scraping Ryanair’s website for nearly two decades, building its business model on these practices. Ryanair has offered Edreams free access to its ticket inventory, contingent on adopting the same transparency principles followed by its competitors.
On November 13, 2025, Massachusetts Financial Services Company reduced its voting rights in Ryanair Holdings PLC to 4.97%, crossing below the 5% threshold. This change in holdings was officially notified to Ryanair on November 14, 2025, indicating a slight decrease from the previous position of 5.00%. This adjustment in voting rights may influence the company’s shareholder dynamics and could have implications for future decision-making processes within Ryanair.
Ryanair Holdings plc announced that between November 10 and November 14, 2025, it repurchased and canceled a total of 13,550 ordinary shares and 322,464 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, originally announced in May 2025, aims to enhance shareholder value and is set to continue with weekly announcements of further purchases.
On November 12, 2025, Ryanair announced the successful implementation of its digital boarding pass initiative, with over 700 flights departing without delays and 98% of passengers using digital passes. This initiative is expected to save the company up to €40 million annually, potentially lowering ticket prices and enhancing competitiveness in the airline industry.
Ryanair Holdings plc announced that between November 3 and November 7, 2025, it repurchased and canceled a total of 11,075 ordinary shares and 321,180 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This move is part of a strategy initially announced in May 2025, aimed at enhancing shareholder value by reducing the number of shares in circulation.
On November 5, 2025, Ryanair Holdings Plc reported a transaction involving Emer Daly, a Non-Executive Director, who exercised share options and subsequently sold shares. The exercise involved 3,000 shares at a price of €11.12 each, while the sale price was €27.165 per share. This transaction, conducted in Dublin, Ireland, reflects the company’s ongoing financial activities and may influence its stock market performance.
On November 4, 2025, Ryanair announced a 5% increase in its October 2025 traffic, reaching 19.2 million guests compared to the previous year. The company operated over 107,000 flights during the month, maintaining a load factor of 93%. This growth reflects Ryanair’s continued expansion and strong market positioning in the competitive airline industry.
Ryanair Holdings plc announced that between October 20 and October 24, 2025, it repurchased and canceled a total of 11,568 ordinary shares and 464,470 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This move is aligned with the company’s strategy to manage its share capital and potentially enhance shareholder value.
Ryanair Holdings plc announced that between October 13 and October 17, 2025, it repurchased and canceled a total of 59,387 ordinary shares and 859,746 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, originally announced in May 2025, is part of Ryanair’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock market performance and investor relations.
Ryanair Holdings plc announced that between October 6 and October 10, 2025, it repurchased and canceled a total of 36,506 ordinary shares and 855,310 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This move is part of a previously announced initiative from May 2025, aimed at reducing the number of outstanding shares, potentially increasing shareholder value and demonstrating confidence in the company’s financial health.
Ryanair Holdings plc announced that between September 29 and October 3, 2025, it repurchased and cancelled a total of 27,544 ordinary shares and 1,053,540 shares underlying American Depositary Shares as part of its ongoing share buy-back programme. This move is part of a strategy announced in May 2025 to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares.
On October 2, 2025, Ryanair announced a 2% increase in passenger traffic for September 2025, reaching 19.4 million guests compared to the previous year. Despite the increase in passengers, the load factor remained steady at 94%. The company operated over 107,000 flights during the month, highlighting its robust operational capacity. Additionally, the rolling annual traffic saw a 5% rise, totaling 203.9 million guests, indicating a strong growth trajectory for Ryanair in the competitive airline industry.
On October 1, 2025, Ryanair Holdings announced its total voting rights as of September 30, 2025. The company’s issued share capital consisted of 1,056,087,275 Ordinary Shares, with no shares held in treasury, meaning all shares have voting rights. This information is crucial for shareholders to determine their interests under relevant regulations, impacting their decision-making and compliance with market conduct rules.
Ryanair announced on September 30, 2025, that it will not restart its low-fare flights to and from Tel Aviv this winter due to Ben Gurion Airport’s refusal to confirm the airline’s historic slots for the summer 2026 schedule and the availability of the low-cost Terminal 1. The decision impacts 22 routes and approximately 1 million seats, as Ryanair’s operations were previously disrupted by security concerns and the airport’s repeated closure of Terminal 1, forcing the airline into the more expensive Terminal 3. Ryanair emphasized that it will not resume these routes until the airport confirms the slots and keeps Terminal 1 open, which is crucial for maintaining their low-cost operations.
On September 29, 2025, Ryanair Holdings PLC experienced a shift in its voting rights as Rothschild & Co Wealth Management UK Limited increased its stake, crossing the 3% threshold of total voting rights. This acquisition marks a notable change in the company’s shareholder structure, potentially impacting its governance and strategic decisions.
Ryanair Holdings plc announced that between September 22 and September 26, 2025, it repurchased and canceled a total of 57,307 ordinary shares and 1,218,016 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This move is part of a previously announced program from May 2025, aimed at enhancing shareholder value by reducing the number of shares outstanding.
Ryanair Holdings plc announced that between September 15 and September 19, 2025, it repurchased and canceled a total of 95,478 ordinary shares and 632,312 shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, originally announced in May 2025, is part of Ryanair’s strategy to manage its capital structure and enhance shareholder value, with weekly updates on the buyback progress.
Ryanair Holdings announced that between September 8 and September 12, 2025, it repurchased and canceled a total of 106,499 ordinary shares and 414,814 shares underlying American Depositary Shares as part of its ongoing share buy-back programme. This initiative, initially announced in May 2025, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.
On September 11, 2025, Ryanair Holdings plc held its Annual General Meeting (AGM), where all resolutions were approved by substantial majorities. The resolutions included the consideration of financial statements, remuneration reports, and the declaration of a final dividend, among others. The approval of these resolutions reflects strong shareholder support and is likely to positively impact Ryanair’s governance and operational strategies.
On September 10, 2025, Ryanair Holdings plc announced that Capt. Ray Conway will join the Board as a Non-Executive Director, replacing Mike O’Brien with oversight of Air Safety, effective October 1, 2025. Capt. Conway, who has a rich background in aviation, including a long tenure at Ryanair and experience as a consultant on safety matters, is expected to enhance the company’s focus on air safety, potentially strengthening its industry positioning and stakeholder confidence.
On September 4, 2025, Artisan Partners Limited Partnership reduced its voting rights in Ryanair Holdings PLC to below 4%, specifically to 3.99%, as reported to the Central Bank of Ireland on September 8, 2025. This reduction from a previous position of 4.98% signifies a notable shift in shareholder dynamics, potentially impacting Ryanair’s governance and investor relations.
Ryanair Holdings announced that between September 1 and September 5, 2025, it repurchased and canceled a total of 44,452 ordinary shares and 447,258 ordinary shares underlying American Depositary Shares as part of its ongoing share buy-back program. This initiative, initially announced in May 2025, reflects Ryanair’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.