RYANAIR HOLDINGS PLC
RYAAY, RYAOF · Air Transportation, Scheduled · EDGAR filings ↗
Reference price $27.56 — last insider sale, 2026-05-22 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
B84Dominant European low-cost airline with top-decile returns, margins and cash generation.
Strengths
- Top-decile ROE 22.9% (88th), ROA 9.2% (94th) and net/operating margins (92nd/85th)
- Best-in-class cost moat with strong FCF (94th pct) and 23x interest coverage; FY26 profit rebounded to €2.17bn
Risks
- Cyclical, fuel- and geopolitically-exposed model with limited pricing power on fares
- Net income dipped in FY25 and balance-sheet liquidity is thin (current ratio 0.74)
Notable findings
- Weak liquidityCurrent ratio 0.74 (<1)
- Strong balance sheetStrong balance sheet — $4.2B cash & investments
- Insider sellingInsider selling — 10 open-market sale(s) by 9 insider(s) (cluster of 9 insiders, ~$3M, last 6mo) Form 4 ↗
Key metrics
Operating margin
11.2%
Net margin
11.6%
Return on equity
22.9%
Return on assets
9.2%
ROIC
12.7%
Revenue growth (QoQ)
4.1%
Net-income growth
-15.7%
Debt / equity
0.4×
Interest coverage
23.4×
Current ratio
0.7×
Free cash flow
$2.0B
Tangible book value
$7.6B
Cash & investments
$4.2B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-22 | McGuinness Jason Paul | Sell | 10.0K | $27.56 |
| 2026-05-19 | McMahon Neal | Option exercise | 31K | — |
| 2026-05-19 | Kaczmarzyk Michal | Option exercise | 23K | — |
| 2026-05-19 | Sorahan Neil Michael | Option exercise | 61K | — |
| 2026-05-19 | Komorek Juliusz Grzegorz | Option exercise | 46K | — |
| 2026-05-19 | Komorek Juliusz Grzegorz | Sell | 14K | $26.01 |
| 2026-05-19 | Hurley John JH | Option exercise | 35K | — |
| 2026-05-19 | McCann Tracey | Option exercise | 27K | — |
| 2026-05-19 | McCann Tracey | Sell | 8.2K | $26.01 |
| 2026-05-19 | McGuinness Jason Paul | Option exercise | 27K | — |
| 2026-05-19 | McGuinness Jason Paul | Sell | 13K | $26.01 |
| 2026-05-19 | Wilson Eddie Joseph | Option exercise | 69K | — |
| 2026-05-19 | Wilson Eddie Joseph | Sell | 21K | $26.01 |
| 2026-05-19 | O'Brien David Patrick DPO | Option exercise | 54K | — |
| 2026-05-19 | O'Brien David Patrick DPO | Sell | 8.1K | $26.01 |
| 2026-05-19 | Hughes Darrell Thomas | Option exercise | 27K | — |
| 2026-05-19 | Hughes Darrell Thomas | Sell | 8.2K | $26.01 |
| 2026-05-19 | Brady Dara | Option exercise | 19K | — |
| 2026-05-19 | Brady Dara | Sell | 9.0K | $26.01 |
| 2026-05-19 | Sharkey Carol Marie | Option exercise | 15K | — |
| 2026-05-19 | Sharkey Carol Marie | Sell | 7.0K | $26.01 |
| 2026-05-19 | Gruber Andreas | Option exercise | 27K | — |
| 2026-05-19 | Gruber Andreas | Sell | 13K | $26.01 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-06-22 | 2026-03-31 | 0001104659-26-076131 ↗ |
| 20-F | 2025-05-19 | 2025-03-31 | 0001558370-25-007966 ↗ |
| 20-F | 2024-06-27 | 2024-03-31 | 0001558370-24-009521 ↗ |
| 20-F | 2023-07-24 | 2023-03-31 | 0001558370-23-012101 ↗ |
| 20-F | 2022-07-25 | 2022-03-31 | 0001558370-22-010932 ↗ |
| 20-F | 2021-07-27 | 2021-03-31 | 0001558370-21-009268 ↗ |