Ryanair Holdings PLC ADR
NASDAQ: RYAAY · INDUSTRIALS · AIRLINES
Updated 2026-06-05
Ryanair Holdings PLC ADR (RYAAY) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5.69B | $6.33B | $6.39B | $7.56B | $8.60B | $9.00B | $8.94B | $8.81B | $12.19B | $11.22B | $11.99B | $12.36B | $13.25B | $16.18B | $12.33B | $15.15B | $16.41B | $17.18B | $17.51B | $19.77B |
| Cash & equivalents | $1.35B | $1.88B | $1.58B | $1.48B | $2.03B | $2.71B | $1.24B | $1.73B | $1.18B | $1.26B | $1.22B | $1.51B | $1.68B | $2.85B | $2.65B | $2.67B | $3.60B | $3.88B | $3.86B | $2.77B |
| Current assets | $2.35B | $2.39B | $2.54B | $3.06B | $3.48B | $3.88B | $3.76B | $3.44B | $5.74B | $4.82B | $4.71B | $4.19B | $3.80B | $4.93B | $3.46B | $5.48B | $5.91B | $5.83B | $6.01B | $7.75B |
| Total liabilities | $3.15B | $3.83B | $3.96B | $4.71B | $5.64B | $5.69B | $5.67B | $5.53B | $8.15B | $7.62B | $7.57B | $7.89B | $8.04B | $10.79B | $7.68B | $9.60B | $10.76B | $9.56B | $10.47B | $9.66B |
| Current liabilities | $1.12B | $1.56B | $1.38B | $1.55B | $1.84B | $1.81B | $1.91B | $2.22B | $3.35B | $3.37B | $3.01B | $3.41B | $4.10B | $6.04B | $3.53B | $5.40B | $7.42B | $6.40B | $8.15B | $8.58B |
| Long-term debt | $2.25B | $3.00B | $2.91B | $3.64B | $4.70B | $4.34B | $3.97B | $3.60B | $4.99B | $3.12B | $3.93B | $3.53B | $3.33B | $3.58B | $3.52B | $3.71B | $2.85B | $2.53B | $1.69B | $147.80M |
| Shareholder equity | $2.54B | $2.50B | $2.43B | $2.85B | $2.95B | $3.31B | $3.27B | $3.29B | $4.04B | $3.60B | $4.42B | $4.47B | $5.22B | $5.39B | $4.65B | $5.55B | $5.64B | $7.61B | $7.04B | $10.11B |
| Retained earnings | $1.91B | $2.00B | $1.78B | $2.08B | $1.97B | $2.40B | $2.42B | $2.47B | $2.71B | $3.17B | $3.46B | $4.08B | $4.18B | $4.66B | $3.23B | $2.88B | $4.18B | $5.90B | $5.59B | $6.78B |
| Accounts receivable | $23.41M | $34.20M | $41.80M | $50.80M | $56.00M | $65.70M | $58.90M | $59.20M | $60.90M | $66.10M | $54.30M | $57.60M | $60.30M | $125.42M | $18.60M | $43.50M | $59.70M | $76.40M | $73.50M | $44.25M |
| Inventory | $2.42M | $2.00M | $2.08M | $2.50M | $2.70M | $2.80M | $2.70M | $2.50M | $2.10M | $3.30M | $3.10M | $3.70M | $2.90M | $3.62M | $3.60M | $4.30M | $6.00M | $6.20M | $4.60M | $4.81M |
| Goodwill | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | $146.55M |
Frequently asked questions
What is Ryanair Holdings PLC ADR's revenue?
Ryanair Holdings PLC ADR's trailing twelve-month revenue is $15.54B, and consensus projects about $20.48B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is RYAAY?
In its most recent fiscal year, RYAAY ran a gross margin of 20.99%, an operating margin of 15.82%, and a net margin of 13.98%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does RYAAY generate?
RYAAY produced $1.81B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is RYAAY's balance sheet healthy?
RYAAY holds $2.77B in cash and equivalents against $147.80M in long-term debt, on $10.11B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.