Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Ryanair Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was €-590 Mil. Ryanair Holdings's Interest Expense for the
three
months ended in Mar. 2026 was €-38 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Ryanair Holdings PLC has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Ryanair Holdings's Interest Coverage or its related term are showing as below:
CHIX:RYAi'
s Interest Coverage Range Over the Past 10 Years
Min: 15.47 Med: 23.13 Max: 62.81
Current: 62.81
CHIX:RYAi's Interest Coverage is ranked better than 89.82% of 845
companies
in the Transportation industry
Industry Median: 5.66
vs CHIX:RYAi: 62.81
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Ryanair Holdings Interest Coverage Related Terms
Ryanair Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ryanair Holdings's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
CHIX:RYAI vs DAL, UAL, LUV: Interest Coverage Comparison
For the Airlines subindustry, Ryanair Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Ryanair Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ryanair Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Ryanair Holdings did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Ryanair Holdings (CHIX:RYAI) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ryanair Holdings and its competitors. Over the past decade, Ryanair Holdings' Interest Coverage has ranged from 15.47 to 62.81. According to the industry distribution chart, Ryanair Holdings ranks #86 out of 845 companies in the Transportation industry, placing it in the top 10.2%.
Is Ryanair Holdings' Interest Coverage too high?
Ryanair Holdings' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 15.47 to a high of 62.81. Based on the distribution chart, Ryanair Holdings ranks #86 out of 845 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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' Interest Coverage compare to DAL and UAL?
According to the Transportation industry distribution chart, Ryanair Holdings ranks #86 out of 845 companies for Interest Coverage. This places Ryanair Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.66. Historically, Ryanair Holdings' own Interest Coverage has ranged from 15.47 to 62.81 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ryanair Holdings and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current Interest Coverage is 0 (At Loss). 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 €23.84, compared to a current price of €25.78 — trading 8.1% above its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ryanair Holdings (CHIX:RYAI), the current Interest Coverage is 0 (At Loss) 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 €25.78 is trading 8.1% above its estimated GF Value™ of €23.84.
GuruFocus considers Ryanair Holdings to be Fairly Valued.
Key valuation signals for CHIX:RYAI:
Interest Coverage: 0 (At Loss)
GF Value™: €23.84 vs. price of €25.78 (8.1% above fair value)
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
Get the complete analysis for CHIX:RYAI
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:RYAI has been successfully added to your 
