Ryanair Holdings PLC

RYAAY Industrials Airlines

Ryanair Holdings PLC’s revenue for fiscal 2026 (year ended March 2026) was $18.0 billion, up 20.3% from fiscal 2025.

Revenue
+2.39%
EPS
−62.3%
Free cash flow
−150.2%
Total debt
−67.9%

Quarter to September 2026, against a year earlier

59.41 0.88 +1.50%
Market cap
$30.3B
P/E
14.3×
Fwd P/E
—
Dividend yield
0.00%
F-score
9/9
Altman Z
3.25
Beneish M
−3.05
Dividend safety
70/100

Ryanair Holdings PLC (RYAAY) Gross margin

Alert me on Gross margin

Ryanair Holdings PLC's gross margin over the twelve months to 30 September 2026 was 51.5%, down 2.3 percentage points from fiscal 2026 (53.8%). Over the past ten years it has ranged from 47.7% (fiscal 2022) to 60.3% (fiscal 2018); the current reading is higher than 58% of that period. That is in line with the Airlines industry median of 51.7% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 53.8% 3.29
FY2025 50.5% (0.20)
FY2024 50.7% (0.42)
FY2023 51.1% 3.47
FY2022 47.7% (1.61)
FY2021 49.3% (4.79)
FY2020 54.1% (0.62)
FY2019 54.7% (5.59)
FY2018 60.3% 2.06
FY2017 58.2% 2.61

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 60.7% 11.06
Jun 2026 49.6% 10.94
Mar 2026 38.7% (9.66)
Dec 2025 48.3% (14.74)
43 more quarters

Against its own ten years

Low 47.7% High 60.3%
Ten-year median 53.0%
Current reading's percentile 47

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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