Ryanair Holdings Plc - ADR

Ryanair Holdings Plc - ADR

RYAAY

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Market Cap$31.4B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Ryanair Holdings Plc - ADRRyanair Holdings Plc - ADR12.21.67%21%2.10.1

Earnings Call Q4 2026

May 18, 2026 - AI Summary

Record FY’26 performance + capital returns (good) - Profit: EUR 2.26bn, +40% YoY vs EUR 1.6bn prior year. - Traffic: 208.4m passengers, +4% YoY (record), despite delivery delays of 29 Boeing/“Gamechanger” aircraft. - Costs: unit costs +1% (in line with modest inflation expectations). - Dividend: declared final dividend EUR 0.195/share (payable September, AGM approval required). - Buyback: has purchased/cancelled another ~2% of issued share capital in FY’26; ~80% of a EUR 750m buyback program completed (about EUR 600m done).
Balance sheet strength + “effectively debt-free” milestone (good/surprising) - Credit rating: BBB+ (Fitch and S&P). - Cash: EUR 3.6bn gross cash at 31 March (after EUR 1.9bn CapEx, EUR 1.2bn debt repayments, >EUR 900m shareholder distributions). - Net cash: EUR 2.1bn at year-end. - Debt repayment: plans to repay the last EUR 1.2bn bond “next week” (end of May timeframe) → company expects to be effectively debt-free soon (highly notable for a non-government-owned airline). - Fleet end FY’26: 647 aircraft total, including 210 Gamechanger; these are described as debt-free and unencumbered.
Fuel hedging is the key investor “buffer” (good/strategic) - Next 12 months coverage: 80% of jet fuel hedged at about $67/bbl ($668/metric ton) for FY’27 out to April 2027. - What’s driving risk: the unhedged 20% has spiked due to the Middle East situation (i.e., hedging insulates most earnings but not all). - Hedging approach: hedges what goes into the tanks (not Brent/gas oil) and also euro-dollar exposure; CFO noted ~80% of dollar requirements hedged this year at $1.15, and a floor into H1 next year (nearly 30% at $1.20). - Fuel supply risk: management says Europe is well supplied; jet fuel shortage worries have largely receded, with only minor residual concern around Kuwait’s UK share, but even that is mitigated by other suppliers.

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$78.50

Target Price by Analysts

30.1% upsideRyanair Holdings Plc Target Price DetailsTarget Price
$-44.38

Current Fair Value

173.6% downside

Overvalued by 173.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$31.40 Billion
Enterprise Value$30.13 Billion
Dividend Yield$0.99 (1.67%)
Earnings per Share$4.14
Beta0.99
Outstanding Shares521,947,000

Return

Return on Equity21.43%ROE
Return on Assets10.96%
Return on Invested Capital21.20%

Valuation & Multiples

P/E Ratio12.16P/E Ratio
PEG54.09PEG
Price to Sales2.08Price to Sales
Price to Book Ratio3.18Price to Book Ratio
Enterprise Value to Revenue1.94
Enterprise Value to EBIT12.7
Enterprise Value to Net Income13
Total Debt to Enterprise0.05
Debt to Equity0.15Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 18, 2026
EPS Estimate
$-0.95
Average shareholder expectation
Revenue Estimate
$3.08 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 20, 2026
EPS Estimate
$1.45
Average shareholder expectation
Revenue Estimate
$5.22 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.7123 31.72%
Total Calls71,600 341.98%
Total Puts51,000 696.88%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %39.30% 165.05%
Total Invested$12.18B 21.57%
Investors Holding435 10.00%

ESG Score

No data

About Ryanair Holdings Plc

CEO: Michael O'Leary

Relevant Senate Committees

Finance

This powerful committee controls taxation and trade policy. Its decisions on corporate tax rates, international trade agreements, and economic stimulus profoundly impact Ryanair's profitability, international route viability, and overall financial health.

Appropriations

This committee directly allocates federal spending. Its subcommittees determine funding for critical aviation infrastructure (e.g., air traffic control, airport improvements) and security (e.g., TSA), which are essential for Ryanair's operations and efficiency.

Health, Education, Labor, and Pensions

Labor costs and regulations (e.g., minimum wage, union rules, working conditions) are a significant factor for airlines, which employ large workforces. This committee's decisions on labor laws directly affect Ryanair's operational expenses and workforce management.

Commerce, Science, and Transportation

This committee has direct jurisdiction over the FAA, which regulates aviation safety, air traffic control, and airline operations. Its decisions on interstate commerce and aerospace are critically important to Ryanair's operational framework and market access in the U.S. (as a publicly traded entity).

Energy and Natural Resources

Fuel is a primary operating expense for airlines. This committee's oversight of national energy policy, including oil and gas regulations, directly influences the supply and pricing of aviation fuel, significantly impacting Ryanair's profitability.

Foreign Relations

As an international airline, Ryanair's operations are significantly impacted by U.S. foreign policy, international treaties (e.g., Open Skies agreements), travel restrictions, and sanctions that affect global markets and fuel prices. Geopolitical stability directly influences demand for international travel.