| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 87 | 9.7x | 17.3x | Top tier | |
Growth | 48 | — | 7.1% | Around median | |
Quality | 56 | — | 4.5% | Around median | |
Safety | 84 | — | 2.6x | Top tier | |
Capital Return | 68 | 2.23% | 0.06% | Top tier | |
Momentum | 41 | -11.9% | -1.6% | Around median | |
Sentiment | 69 | 4 | 3 | Top tier |
10-year US Treasury yield 5.00% as of 2026-10-23. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Ryanair Holdings plc operates a short-haul European airline network based on low fares and high aircraft utilization, generating revenue from scheduled passenger tickets and ancillary services per passenger. Its model relies on carrying large passenger volumes, spreading costs across a broad traffic base, and shifting capacity toward airports and regions that reduce fees or offer growth incentives. In summer 2026, the company operated three new bases in Rabat, Tirana, and Trapani, and added more than 130 new routes.
In Q1 FY2027 (ending 2026-06), revenue reached €4.4 billion, up 1.1% year over year from €4.3 billion in Q1 FY2026 (ending 2025-06). Net income was €537.7 million and diluted earnings per share were 1.04, while gross margin was 17.8% and operating margin was 13.1%. The business mix combined 6% traffic growth to 61.3 million passengers with a 6% decline in average fares, while ancillary revenue per passenger remained stable according to the 2026-07-20 call.
The results reveal limited revenue growth with clear pressure on profitability: gross margin declined by 8.4 percentage points and operating margin by 7.9 percentage points year over year. Conversely, the business generated €1.2 billion in operating cash flow in Q1 FY2027 (ending 2026-06), while cash and investments totaled €2.5 billion versus total debt of €181.9 million. On an annual basis, FY2026 (ending 2026-03) recorded revenue of €17.9 billion, net income of €2.5 billion, and a gross margin of 41.8%.
Q1 FY2027 (2026-06)
When: 2026-11-02
Revenue growth compared with the 1.1% threshold
Gross margin compared with the 17.8% threshold
Operating margin compared with the 13.1% threshold
The analyst-target valuation has a median of $74 within a range of $63 to $79 among 4 analysts; it is an indicative value due to low confidence, measures expected growth, and is inherently inclined toward optimism. The industry-multiple valuation is $40 within a range of $36 to $42, based on next year's earnings and a median multiple of 10.0 for 14 companies, pricing Ryanair in the same way as its peers. The two methods do not agree on a similar range; the wide gap reflects analyst targets incorporating growth expectations, versus the multiple method being tied to next year's earnings and peer-company pricing. The average consensus target is $71.97 within a range of $62.9 to $79 with a “Buy” recommendation, but two target cuts and no increases over 90 days indicate declining expectations within this consensus.
Figures in the text are as of 2026-09-27; the live price is shown at the top of the page.
In Q1 FY2027 (ending 2026-06), Ryanair recorded revenue of €4.4 billion and net income of €537.7 million. Gross margin was 17.8%, operating margin was 13.1%, and diluted earnings per share were 1.04. Operating cash flow also reached €1.2 billion, while passenger traffic grew 6% to 61.3 million passengers.
Annual revenue increased by only 1.1% in Q1 FY2027 (ending 2026-06), despite 6% traffic growth, because average fares declined 6% and passenger revenue fell 5%. Net income declined to €537.7 million from €819.9 million in Q1 FY2026 (ending 2025-06). Management said on 2026-07-20 that weak pricing, the shift of part of the Easter holiday between periods, and the higher price of unhedged fuel pressured the result.
Automated analysis for informational purposes only — not investment advice.
Management targets carrying 216 million passengers in FY2027, representing growth of 4%. It expects growth of 6% in the first half and only 2% in the second half as winter schedules are reduced. On the 2026-07-20 call, Q2 FY2027 pricing was trending toward a low- to mid-single-digit annual decline, and management did not provide numerical net-profit guidance because of limited visibility into second-half bookings.
The order includes 300 Boeing MAX 10 aircraft scheduled for delivery through March 2034. Management expects the aircraft to provide 20% more seats with 20% lower fuel consumption per flight, reducing seat costs and supporting capacity growth. On 2026-07-20, management said the first 15 delivery slots were protected for spring 2027, with Boeing expecting certification in late September or mid-October 2026.
Analyst consensus carries a “Buy” recommendation and an average target of $71.97, with the highest target at $79 and the lowest at $62.9. Under the median-target methodology, the valuation is $74 within a range of $63 to $79 among 4 analysts, with low confidence making it an indicative value. Over 90 days, Raymond James lowered its target to $74 from $78 on 2026-08-24, and Bernstein SocGen lowered its target to $77 on 2026-07-21, versus no recorded increases.