Delta Air Lines, Inc. (DAL) vs Ryanair Holdings PLC (RYAAY)

Delta Air Lines, Inc. and Ryanair Holdings PLC are both Airlines companies. Delta Air Lines, Inc. is the larger, with a market value of $54.8B against $28.2B — 1.9× the size. Ryanair Holdings PLC trades at the lower P/E: 5.5× against 14.0×. Ryanair Holdings PLC grew revenue faster over the last twelve months: 13.7% against 10.3%. Ryanair Holdings PLC has the higher net margin (12.2% vs 5.78%) and the higher return on invested capital (22.2% vs 11.1%). Both pay a dividend; Ryanair Holdings PLC yields more (1.43% vs 0.82%). Across the 22 metrics below, Ryanair Holdings PLC leads on 19 and Delta Air Lines, Inc. on 3.

Valuation

Metric DAL RYAAY Airlines median
P/E 13.99 5.54 10.32
P/S 0.81 1.58 0.57
P/B 2.55 2.61 2.06
Price to free cash flow 16.29 14.47 13.20
EV/EBITDA 11.75 6.35 9.68
EV/Sales 0.95 1.42 0.89
Earnings yield 7.15% 18.06% 2.85%
Free cash flow yield 6.14% 6.91% 3.17%

Profitability

Metric DAL RYAAY Airlines median
Gross margin 32.82% 52.31% 42.57%
Operating margin 8.08% 13.11% 4.18%
Net margin 5.78% 12.17% 1.85%
Free cash flow margin 4.99% 10.93% 4.31%
Return on equity 20.12% 22.81% 10.75%
Return on assets 4.80% 10.64% 1.67%
Return on invested capital 11.08% 22.18% 3.19%

Growth

Metric DAL RYAAY Airlines median
Revenue growth (TTM) 10.27% 13.73% 9.79%
EPS growth (last fiscal year) 43.71% 51.92% —
Revenue growth, 5-year CAGR 29.96% 56.66% 25.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DAL RYAAY Airlines median
Debt to equity 0.64 0.00 0.81
Current ratio 0.42 0.79 0.60
Net debt to EBITDA 1.19 (1.16) 1.42

Dividend

Metric DAL RYAAY Airlines median
Dividend yield 0.82% 1.43% 0.82%
Payout ratio 0.02 0.00 0.00

Size

Metric DAL RYAAY Airlines median
Market cap 54.81b 28.17b 3.91b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack