Ryanair
Financial Performance
Ryanair Revenue & Financials
Revenue
~$15.2B (FY2024)
Market Cap
$21.5B
Net Income
~$2.2B
Employees
27,000
What is Ryanair's revenue?
Ryanair had ~$15.2B in revenue for fiscal year 2024, up 24.8% from 2023. Net income was ~$2.2B.
- Latest revenue
- ~$15.2B (FY2024)
- Year-over-year
- +24.8%
- Growth rate (CAGR)
- 10.1% over 9 years
- Peak revenue
- ~$15.2B (FY2024)
- Years of data
- 10
- Employees
- 27,000
- How much profit does Ryanair make?
- Ryanair reported net income of ~$2.2B for fiscal year 2024.
- How many employees does Ryanair have?
- Ryanair has about 27,000 employees.
Financial Analysis
Ryanair exhibits one of the strongest balance sheets in the global airline industry, characterized by vast cash reserves, minimal net debt, and high return on capital. In fiscal year 2023/2024, Ryanair generated total revenue of €13.44 billion, up 25% year-over-year. Operating profit rose to €2.06 billion, with net profit after tax reaching €1.92 billion. The company closed the year with over €4.1 billion in gross cash and cash equivalents and net cash of €1.37 billion. Rated BBB+ by S&P and Fitch (the highest credit rating of any airline in Europe), Ryanair consistently generates over €2.0 billion in annual free cash flow, funding billions in aircraft capital expenditures while returning substantial capital to shareholders through regular dividends and massive share buybacks.
Revenue Trend Analysis
YoY Change
+24.8%
9-Year CAGR
+10.1%
Peak Year
2024
Trend
Consistent Growth
Ryanair has 10 full fiscal year figures on this page, compounding at +10.1% annually over 9 years. The most recent year saw a 24.8% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$15.2B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$15.2B | ~$2.2B | +24.8% |
| FY2023 | ~$12.2B | ~$1.5B | +124.4% |
| FY2022 | ~$5.4B | -~$272.3M | +192.4% |
| FY2021 | ~$1.9B | -~$1.1B | -80.7% |
| FY2020 | ~$9.6B | ~$733.4M | +12.4% |
| FY2019 | ~$8.5B | ~$1B | +5.7% |
| FY2018 | ~$8.1B | ~$1.6B | +7.6% |
| FY2017 | ~$7.5B | ~$1.5B | +1.7% |
| FY2016 | ~$7.4B | ~$1.8B | +15.6% |
| FY2015 | ~$6.4B | ~$979.7M | — |
Click any row to see year details.
Keep researching Ryanair
Ryanair Revenue and Financial FAQ
What was Ryanair's latest reported annual revenue?
In its latest audited financial reporting period, Ryanair recorded consolidated net revenue of €13.44B ($14.6B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Ryanair?
Ryanair generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Ryanair's capital and liquidity position?
Ryanair maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Ryanair distribute capital to shareholders?
Ryanair executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Ryanair Revenue & Financials." CorpDigest, https://corpdigest.com/company/ryanair/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Ryanair reported ~$15.2B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/ryanair/financials" target="_blank" rel="noopener">CorpDigest — Ryanair financials</a></div>Related Financial Audits
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