RYAAYNasdaqAir Transportation, ScheduledFiscal year ends March 31Also trades as RYAOF
RYANAIR HOLDINGS PLC
Financials through fiscal 2025, year ended Mar 31, 2025Last filing: 20-F on Jun 22, 2026
$52.51−0.03 (-0.06%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2016 to 2025
Operating margin
11.2%−2.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.8% | +42.7% | +10.4% | – | |
| Operating income | -24.4% | – | +6.7% | – | |
| EPS, diluted | -13.1% | – | +20.2% | – | |
| Free cash flow | +143.2% | +34.9% | +20.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.43 | 0.82 | 0.74 | |
| Net debt to EBITDA | – | 0.75× | – | |
| Interest coverage | 20.5× | 2.3× | 23.4× | |
| Capex to revenue | 18.6% | 6.8% | 11.1% | |
| Diluted shares | 1.35B | 1.12B | 1.11B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ryanair generated €14.85B from operations and spent €9.45B on capital expenditure, dividends and share buybacks. 78% of that went back into the business.
Generated
€14.85B
Used
€9.45B
Capital expenditure€7.34B78%Dividends€637.20M7%Share buybacks€1.48B16%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero€3.42B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income€3.42B vs –
- Less leverageLong-term debt to assets fell14.7% → 9.6%
- Better liquidityCurrent ratio rose0.91 → 0.74
- No dilutionShare count did not rise1.15B → 1.11B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.82 → 0.81