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
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Ryanair Holdings PLC (RYAAY) 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 | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALK Alaska Air Group, Inc. compare | 100.0% |
| SKYW SkyWest, Inc. compare | 69.8% |
| UAL United Airlines Holdings Inc compare | 66.1% |
| CPA Copa Holdings, S.A. compare | 62.4% |
| RYAAY Ryanair Holdings PLC | 51.5% |
| DAL Delta Air Lines, Inc. compare | 31.2% |
| LTM LATAM Airlines Group S.A. compare | 25.0% |
| LUV Southwest Airlines Co. compare | 22.9% |
| AAL American Airlines Group Inc. compare | 20.7% |
| Airlines industry median | 51.7% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
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
More on RYAAY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement