WinstonWınston
Back
Stock

Ryanair Holdings

RYA.L
55
Airlines, Airports & Air Services · Industrials
Price
14.42 GBp
+0.22 (+1.55%)
Exchange
London Stock Exchange
Winston Score
55
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Sep 10, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Good
Growth
Weak
Cash Flow
Strong
Stability
Exceptional
Valuation
Good

Share count falling — buybacks

5.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 1.13B (2022) → 1.06B (2026)

§Winston Score History

The full picture

Ryanair Holdings plc, along with its various operating units, provides scheduled air travel services across a broad European geography, encompassing Ireland, the United Kingdom, Italy, Spain, Germany, and other continental countries. The company augments its core airline business with a range of supplementary offerings, such as non-flight scheduled and internet-related services. It also conducts in-flight sales of refreshments, meals, and merchandise. Through its digital platforms, including its website and mobile application, Ryanair promotes and enables reservations for accommodation, vehicle rentals, and travel insurance. Its operational scope further includes aircraft and passenger management, ticketing, marketing and promotional activities, and maintenance and repair functions. The company also uses its online channels to market car park bookings, local attractions, and leisure activities, and offers gift vouchers for purchase. As of June 30, 2020, Ryanair maintained a substantial fleet primarily composed of approximately 440 Boeing 737 and 26 Airbus A320 aircraft. At that time, it was conducting around 2,500 short-haul flights daily, connecting roughly 242 airports and managing 79 operational hubs. Established in 1985, Ryanair Holdings plc's corporate headquarters are located in Swords, Ireland.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+1.1% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-32.5% YoY

YoY Growth Rate

Earnings declining

R&D Spend

€0/ year

0.0% of revenue

Research and development spending

Cash Position

Cash flow positive

€2.8B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Ryanair Holdings is growing revenue at 1% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
17.8%
Thin — 17.8% gross margin
Profit after running costs
Operating Margin
13.1%
Healthy — 13.1% operating margin
Return on the money invested
ROCE
21.4%
Exceptional — 21.4% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+6.3%
Slow sales growth (+6.3% YoY)
Profit growth
EPS YoY
-5.8%
Earnings shrinking (-5.8% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
182%
Turns 182% of profit into real cash
Spare cash per sale
FCF Margin
10.9%
Modest free cash flow (10.9%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.00
Conservative — low debt load (0.00)
Covers its interest
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
12.5x
Attractive valuation — P/E 12.5

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial