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Ryanair HoldingsCHIX:RYAI 89 Earnings Yield (Joel Greenblatt) % is 10.76% as of Mar. 2026, which is 29% above its 10-year median of 8.35. GuruFocus rates CHIX:RYAI with a GF Score™ of 89/100 and a GF Value™ of €24.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,023 Transportation companies, Ryanair Holdings ranks better than 67.06% on this metric.
Ryanair Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was €23,131 Mil.
Ryanair Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €2,461 Mil. Ryanair Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.76%.
The historical rank and industry rank for Ryanair Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:RYAi'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.73 Med: 8.35 Max: 15.91
Current: 9.51
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ryanair Holdings was 15.91%. The lowest was -7.73%. And the median was 8.35%.
CHIX:RYAi's Earnings Yield (Joel Greenblatt) % is ranked better than 67.06% of 1023
companies
in the Transportation industry
Industry Median: 6.85
vs CHIX:RYAi: 9.51
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ryanair Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Ryanair Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Ryanair Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ryanair Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Airlines subindustry, Ryanair Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ryanair Holdings Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Ryanair Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ryanair Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Ryanair Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Ryanair Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,461 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.76% mean?
Ryanair Holdings (CHIX:RYAI) has a Earnings Yield (Joel Greenblatt) % of 10.76% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ryanair Holdings and its competitors. This is 29% above median its historical median of 8.35. According to the industry distribution chart, Ryanair Holdings ranks #337 out of 1023 companies in the Transportation industry, placing it in the top 32.9%.
Is Ryanair Holdings' Earnings Yield (Joel Greenblatt) % too high?
Ryanair Holdings' current Earnings Yield (Joel Greenblatt) % of 10.76% is 29% above median its 10-year median of 8.35. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.85. Ryanair Holdings' value of 10.76% is 57.1% above this industry median. Based on the distribution chart, Ryanair Holdings ranks #337 out of 1023 companies in the Transportation industry, which is above the industry midpoint. Overall, Ryanair Holdings has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' Earnings Yield (Joel Greenblatt) % compare to DAL and UAL?
According to the Transportation industry distribution chart, Ryanair Holdings ranks #337 out of 1023 companies for Earnings Yield (Joel Greenblatt) %. This puts Ryanair Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.85. Ryanair Holdings' value of 10.76% is 57.1% above this benchmark. While the company's 10-year median is 8.35 vs. the industry median of 6.85, Ryanair Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.85, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryanair Holdings's current Earnings Yield (Joel Greenblatt) % of 10.76% is 57.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ryanair Holdings and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current Earnings Yield (Joel Greenblatt) % is 10.76%, which is 29% above median its own 10-year median of 8.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryanair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryanair Holdings (CHIX:RYAI) is currently considered Fairly Valued. The stock's GF Value™ is €24.53, compared to a current price of €26.33 — trading 7.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.76%, which is 29% above median its 10-year median of 8.35 and 57.1% above the Transportation industry median of 6.85. Ryanair Holdings' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ryanair Holdings (CHIX:RYAI), the current Earnings Yield (Joel Greenblatt) % is 10.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ryanair Holdings (CHIX:RYAI) Overvalued in 2026?
Based on GuruFocus' analysis, Ryanair Holdings stock appears to be overvalued.
The current stock price of €26.33 is trading 7.3% above its estimated GF Value™ of €24.53.
GuruFocus considers Ryanair Holdings to be Fairly Valued.
Key valuation signals for CHIX:RYAI:
Earnings Yield (Joel Greenblatt) %: 10.76% (29% above median its 10-year median of 8.35)
GF Value™: €24.53 vs. price of €26.33 (7.3% above fair value)
Industry Position: 57.1% above the Transportation median (#337 of 1023)
No single metric tells the full story. See the CHIX:RYAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
89GF Score
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