Ryanair Valuation Multiples

Ryanair Overview

About Ryanair

Ryanair is Europe’s largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,600 flights daily across 240-plus destinations in 40 countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, including the newer 737 8-200 “Gamechanger” variant, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volume, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.

Founded

1996

HQ

Employees

26.0K

Website

ryanair.com

Sectors

Airlines

Financials (LTM)

Revenue: $18B

EBITDA: $4B

EV

$31B

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Ryanair Financials

Ryanair reported last 12-month revenue of $18B and EBITDA of $4B.

In the same LTM period, Ryanair generated $4B in EBITDA and $2B in net income.

Ryanair P&L

In the most recent fiscal year, Ryanair reported revenue of $16B and EBITDA of $4B.

Ryanair expects next 12-month revenue of XXX and NTM EBITDA of XXX

Ryanair Stock Performance

Ryanair has current market cap of $32B, and enterprise value of $31B.

Ryanair's stock price is $30.97.

Ryanair Valuation Multiples

Ryanair trades at 1.8x EV/Revenue multiple, and 7.3x EV/EBITDA.

Ryanair Financial Valuation Multiples

As of March 15, 2026, Ryanair has market cap of $32B and EV of $31B.

Equity research analysts estimate Ryanair's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Ryanair has a P/E ratio of 13.0x.

Ryanair Margins & Growth Rates

Ryanair's revenue in the last 12 month grew by 6%.

Ryanair's revenue per employee in the last FY averaged $0.7M.

Ryanair's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ryanair's rule of X is 38% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Ryanair Public Comps

See public comps and valuation multiples for other Airlines comps.

Ryanair M&A Activity

Ryanair acquired XXX companies to date.

Last acquisition by Ryanair was on XXXXXXXX, XXXXX. Ryanair acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Ryanair Investment Activity

Ryanair invested in XXX companies to date.

Ryanair made its latest investment on XXXXXXXX, XXXXX. Ryanair invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).