Ryanair Holdings plc (RYAAY) AI Stock Analysis

NASDAQ: RYAAYAI research summary: business, growth, valuation, analysts, bull and bear case.

RYAAY AI stock analysis summary

AI Research

Ryanair Holdings plc is an Ireland-based low-cost passenger airline operating scheduled short-haul flights across Europe. In FY2026, the company generated $15.65B in revenue and $2.19B in net income, supported by an operating margin of 15.8%. As of June 30, 2026, Ryanair maintained a strong balance sheet with $2.62B in net cash.

Market cap
$27.21B
Revenue (TTM)
$15.59B
P/E
12.6x
fwd 13.3x
1Y return
-12.8%
S&P 500 16.8%
Avg. target
$67.52
28.5% vs last close

Bull case

  • Ryanair carries minimal leverage with $2.62B in net cash and a debt-to-equity ratio of 0.02 as of June 30, 2026.
  • The stock trades at an EV to EBITDA ratio of 5.8x, well below the US-listed Industrials peer median of 13.9x.
  • Free cash flow reached $1.81B in FY2026, supporting $540.1M in share buybacks and $446.3M in dividends paid.

Bear case

  • Quarterly earnings fell 33.1% year-over-year in the quarter ended June 30, 2026, while quarterly revenue growth slowed to 1.1%.
  • Analysts project current fiscal year EPS to fall 26.0% to $3.66 for the year ending March 31, 2027.
  • The stock has declined 25.6% year-to-date and trades 12.1% below its 200-day moving average.

What Ryanair does

Established in 1985 and headquartered in Swords, Ireland, Ryanair Holdings plc provides scheduled-passenger airline services primarily across Europe, connecting key destinations in Ireland, the United Kingdom, Italy, Spain, Germany, and beyond. Operating as one of Europe's largest low-cost carriers, the company ran around 3,000 short-haul flights daily across approximately 225 airports with a fleet of roughly 483 Boeing 737 aircraft and 29 Airbus A320 aircraft as of June 2022. Alongside passenger transport, Ryanair sells in-flight food, beverages, and duty-free goods, and markets car hire, travel insurance, and accommodations through its website and mobile app.

Growth and profitability

Ryanair grew revenue from $4.80B in FY2022 to $15.65B in FY2026, delivering a five-year revenue CAGR of 57.1% from FY2021 to FY2026. Net income improved from -$240.8M in FY2022 to $2.19B in FY2026, while gross margin expanded from 2.5% to 21.0%. Operating margin reached 15.8% in FY2026, up from 11.2% in FY2025. In the trailing twelve months, revenue was $15.59B with a profit margin of 12.1% and an operating margin of 13.1%. For the latest quarter ended June 30, 2026, quarterly revenue grew 1.1% year-over-year, while quarterly earnings declined 33.1% year-over-year.

RYAAY income statement →

Balance sheet and cash flow

As of June 30, 2026, Ryanair held $2.80B in cash and short-term investments against total debt of $181.9M, resulting in net cash of $2.62B. The company recorded a current ratio of 0.79, a debt-to-equity ratio of 0.02, and total shareholders' equity of $9.48B. In FY2026, operating cash flow reached $3.72B and free cash flow stood at $1.81B. Capital expenditures totaled $1.91B during FY2026, alongside $540.1M allocated to share buybacks and $446.3M paid in dividends.

RYAAY balance sheet →

Valuation and performance

Ryanair trades at a trailing P/E of 12.6x and a forward P/E of 13.3x, below the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value of $24.18B represents an EV to EBITDA multiple of 5.8x, compared to 13.9x for the peer group median. Over the past year, the stock returned -12.8% and dropped 25.6% year-to-date, trailing the S&P 500 return of 16.8% over the past year. Over five years, the stock gained 20.8%, compared to 83.0% for the benchmark.

RYAAY key metrics →

RYAAY dividend

Ryanair pays an annual forward dividend of $0.90 per share, representing a dividend yield of 1.71% and a payout ratio of 31.3%. The company has paid dividends for 3 consecutive years, with its last ex-dividend date on September 11, 2026.

RYAAY dividend history →

What analysts expect

Wall Street analysts maintain 4 Strong Buy ratings, 2 Buy ratings, and zero Hold, Sell, or Strong Sell recommendations. The mean price target is $67.52, indicating an upside of 28.5% compared to the last close of $52.54. For the fiscal year ending March 31, 2027, consensus estimates project revenue of $15.91B and EPS of $3.66, reflecting a 26.0% decline in earnings. Ryanair has beaten EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 2, 2026.

RYAAY forecast and price target →

Key risks and what to watch

  • Liquidity reflects short-term pressure with a current ratio of 0.79 as of June 30, 2026.
  • Top-line expansion has slowed, with quarterly revenue rising just 1.1% year-over-year compared to the peer median of 9.1%.
  • Earnings volatility is evident, as net margin dropped to 11.6% in FY2025 before rising to 14.0% in FY2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this RYAAY AI stock analysis

This page is an AI-written research summary of Ryanair Holdings plc (RYAAY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: RYAAY income statement, RYAAY balance sheet, RYAAY key metrics, RYAAY analyst forecast, RYAAY chart. See the RYAAY stock overview for the latest quote and news.

RYAAY AI stock analysis FAQ

What is Ryanair's dividend yield and payout policy?

Ryanair offers an annual forward dividend of $0.90 per share, translating to a dividend yield of 1.71%. Its payout ratio is 31.3%, and the company has paid dividends for 3 consecutive years.

When does Ryanair report its next earnings?

Ryanair's next earnings date is November 2, 2026. The company has beaten EPS expectations in 3 of the last 4 quarters.

How does Ryanair's valuation compare to its peer group?

At a trailing P/E of 12.6x and EV to EBITDA of 5.8x, Ryanair trades below the US-listed Industrials median trailing P/E of 24.8x and EV to EBITDA of 13.9x.

How much cash and debt does Ryanair have?

As of June 30, 2026, Ryanair held $2.80B in cash and short-term investments and $181.9M in total debt, leaving it with $2.62B in net cash.

More Industrials AI stock analysis