Ryanair Holdings (RYAAY) Financial Ratios: P/E, ROE & More

Ryanair Holdings (RYAAY) Financial Ratios

For fiscal 2026 (fiscal year ended Mar 31, 2026), Ryanair Holdings had a P/E ratio of 11.53 (down from 12.32), return on equity of 25.4% (up from 22.0%), debt-to-equity of 0.15 (down from 0.38) and a current ratio of 0.90 (up from 0.74). A current ratio of 0.90 means current liabilities exceed current assets. Its dividend yield was 1.62% with a payout ratio of 20.4%.

Ryanair Holdings Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Valuation Ratios
P/E Ratio	11.53	12.32	12.50	12.90	-	-
P/S Ratio	1.61	1.42	1.78	1.57	3.21	11.40
P/B Ratio	2.48	2.82	3.15	3.00	2.78	4.01
Price/Tangible Book	2.52	2.88	3.21	3.08	2.86	4.15
Price/FCF	13.90	10.65	31.30	8.57	20.32	-
Price/OCF	6.78	5.81	7.59	4.35	7.95	-
Enterprise Value Ratios
EV/Revenue	1.55	1.42	1.77	1.66	3.66	12.66
EV/EBITDA	6.55	7.31	7.81	7.85	54.04	-
EV/EBIT	10.16	12.71	11.57	12.42	-	-
EV/FCF	13.38	10.63	31.13	9.07	23.17	-
Profitability & Returns
Return on Equity (ROE)	25.37%	22.00%	28.92%	23.49%	-4.72%	-21.23%
Return on Assets (ROA)	7.97%	5.62%	7.67%	5.71%	-1.54%	-3.87%
Return on Invested Capital (ROIC)	30.86%	23.44%	32.71%	21.68%	-4.86%	-5.46%
Return on Capital Employed (ROCE)	21.20%	16.70%	19.10%	16.10%	-3.50%	-9.50%
Leverage & Solvency Ratios
Debt/Equity	0.15	0.38	0.36	0.73	0.92	1.17
Debt/EBITDA	0.40	0.97	0.88	1.74	13.37	-
Debt/FCF	0.83	1.44	3.59	2.08	6.69	-
Liquidity Ratios
Current Ratio	0.90	0.74	0.91	0.80	1.01	0.98
Quick Ratio	0.42	0.50	0.66	0.64	0.68	0.89
Efficiency Ratios
Asset Turnover	0.83	0.80	0.80	0.68	0.35	0.12
Inventory Turnover	2320.89	1906.98	1568.26	1501.94	1015.14	493.54
Yield & Distribution Ratios
Earnings Yield	8.67%	8.12%	8.00%	7.75%	-1.56%	-5.44%
FCF Yield	7.19%	9.39%	3.20%	11.66%	4.92%	-14.70%
Dividend Yield	1.62%	2.41%	1.68%	-	-	-
Payout Ratio	20.39%	27.16%	10.41%	-	-	-
Buyback Yield	3.91%	3.26%	-0.47%	-0.80%	-1.81%	0.84%
Total Return	5.53%	5.67%	1.21%	-0.80%	-1.81%	0.84%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Ryanair Holdings Financial Ratios

What is Ryanair Holdings's P/E ratio?

Ryanair Holdings's P/E ratio was 11.53 for fiscal 2026 (period ended Mar 31, 2026). It was 12.32 a year earlier.

What is Ryanair Holdings's return on equity?

Ryanair Holdings's return on equity (ROE) was 25.4% for fiscal 2026 (period ended Mar 31, 2026). It was 22.0% a year earlier.

What is Ryanair Holdings's debt-to-equity ratio?

Ryanair Holdings's debt-to-equity ratio was 0.15 for fiscal 2026 (period ended Mar 31, 2026). It was 0.38 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition