Download full report with analyst certification and important disclosures
May 17 2026, 19:10 IST/BST
Ryanair Holdings
Executing well through market turbulence after year of record profits
- Sectors : Airlines
- Companies : Ryanair Holdings
DAVY VIEW
After a year of record net profits of €2.26bn (+40%), Ryanair is executing well through market turbulence. Marking to market for fuel, our estimates will come down to c.€1.92bn for FY2027. Ryanair continues to have the best balance sheet (soon to be effectively debt free) and a widening cost advantage on the competitor set (MAX-10 aircraft, engines/MRO shops, etc). CEO Michael O’Leary is extending his contract from 2028-2032.
