Ryanair Holdings PLC
RYAAY
ISIN null / Valor 30087141
Ryanair Holdings PLC
UMushroom community rating:
About company
Ryanair Holdings PLC, headquartered in Dublin, Ireland, stands as Europe's largest airline group, encompassing several airlines under its umbrella, including Ryanair DAC, Ryanair UK, Buzz, Lauda, and Malta Air. The conglomerate has established a significant footprint in the aviation industry, connecting more than 240 destinations across over 40 countries. Renowned for its competitive pricing strategy, Ryanair has positioned itself as the provider of some of the lowest fares available in the European market. The group's operational model and extensive route network have played pivotal roles in its ability to attract a broad customer base, seeking affordable travel options within Europe and beyond. While the company emphasizes its commitment to sustainability and environmental goals, its core business revolves around offering cost-effective air travel solutions, leveraging its diverse fleet and strategic airline partnerships to maintain its market-leading position.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (19.03.2026):
Ryanair Holdings PLC – Q2 FY26 (quarter ended September 30, 2025): the group reported Q2 profit after tax of €1.72bn, up 20% versus Q2 FY25, and H1 PAT of €2.54bn, up 42% year-on-year, driven by traffic growth, a fare recovery in Q2 and strong Easter comparables in H1.
Key Q2 numbers
Q2 revenue €5.48bn (+8% YoY); operating costs €3.53bn (-3% YoY); passengers 61.2m (+2%); load factor 96%; average fare €65 (+7%); Q2 basic EPS €1.6219.
H1 performance
H1 revenue €9.82bn (+13%); passengers 119.0m (+3%); average fare ~€58 (+13%); ancillary +6% to €2.91bn; H1 PAT €2.54bn (+42%); earnings per share H1 basic €2.3926.
Costs and unit economics
Operating costs up modestly (H1 +4% total; ~+1% per pax). Depreciation rose (more Gamechanger aircraft), ATC and environmental costs increased, but fuel hedges and fleet fuel efficiency limited fuel cost inflation.
Balance sheet & liquidity
Gross cash ~€3.0bn at 30 Sept; net cash >€1.5bn after €1.2bn debt repayment (incl. €850m bond) and €1.1bn capex in H1; €1bn undrawn on RCF; credit rating BBB+ (S&P & Fitch).
Capital allocation & shareholder returns
€750m share buyback launched (≈7m shares bought/cancelled ~€188m to date, ~25% of programme) and an interim dividend declared €0.193 per share (payable Feb 2026).
Fleet, capacity & growth
199 Boeing 737-8200 “Gamechangers” in the fleet at 30 Sept (204 by end Oct); over 2,500 routes on sale for S.26, two new bases (Tirana, Trapani) and 91 new routes; orderbook includes up to 300 MAX-10s to support long-term growth to 300m pax p.a. by FY34.
Fuel hedging & capex protection
H2 FY26 fuel ~85% hedged at ~$76/bbl; FY27 cover extended to ~80% at just under $67/bbl. ~35% of MAX‑10 capex hedged at average €/$ 1.24.
Outlook
FY26 traffic now expected >3% growth to c.207m passengers (previously 206m). Management cautious on H2 fare comps and is not providing firm PAT guidance for FY26 but expects to recover last year’s 7% full-year fare decline, implying reasonable net profit growth if external conditions hold.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
30702 M
Market cap (USD)
1,324,074
Daily traded volume (Shares)
44.08 / 43.3
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Pablo Baker
Umar Soreefan
EQUITIES OF THE SAME SECTOR
