RYAAY (Ryanair Holdings) ROCE %: -19.25% (As of Mar. 2026)


RYAAY Ryanair Holdings PLC RYAAY
84 GF Score
Price $63.73
GF Value $59.55
Valuation Fairly Valued
! 1 Warning Sign
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What is Ryanair Holdings ROCE %?

Ryanair Holdings RYAAY +2.23% 84 ROCE % is -19.25% as of Mar. 2026. GuruFocus rates RYAAY with a GF Score™ of 84/100 and a GF Value™ of $59.55 (Fairly Valued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ryanair Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -19.25%.

Ryanair Holdings  (NAS:RYAAY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ryanair Holdings ROCE % Related Terms

Ryanair Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Ryanair Holdings's ROCE % 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.

Ryanair Holdings ROCE % Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.51 15.98 22.53 18.34 24.71

Ryanair Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.95 42.88 86.94 4.26 -19.25
RYAAY
84GF Score
Ryanair Holdings PLC RYAAY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryanair Holdings ROCE % Calculation

Ryanair Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2845.202/( ( (18926.486 - 8813.838) + (22829.711 - 9910.751) )/ 2 )
=2845.202/( (10112.648+12918.96)/ 2 )
=2845.202/11515.804
=24.71 %

Ryanair Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-2324.16/( ( (18786.885 - 7563.7) + (22829.711 - 9910.751) )/ 2 )
=-2324.16/( ( 11223.185 + 12918.96 )/ 2 )
=-2324.16/12071.0725
=-19.25 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -19.25% mean?
Ryanair Holdings (RYAAY) has a ROCE % of -19.25% as of Mar. 2026.
Is Ryanair Holdings' ROCE % too high?
Ryanair Holdings' current ROCE % is -19.25%. Overall, Ryanair Holdings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' ROCE % compare to DAL and UAL?
Ryanair Holdings' ROCE % of -19.25% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current ROCE % is -19.25%. 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 (RYAAY) is currently considered Fairly Valued. The stock's GF Value™ is $59.55, compared to a current price of $63.73 — trading 7% above its estimated fair value. The current ROCE % is -19.25%. Ryanair Holdings' overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ryanair Holdings (RYAAY), the current ROCE % is -19.25% 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 (RYAAY) Overvalued in 2026?

Based on GuruFocus' analysis, Ryanair Holdings stock appears to be overvalued. The current stock price of $63.73 is trading 7% above its estimated GF Value™ of $59.55. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for RYAAY:

  • ROCE %: -19.25%
  • GF Value™: $59.55 vs. price of $63.73 (7% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the RYAAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ryanair Holdings Business Description

Address Airside Business Park, Swords, County Dublin, Dublin, IRL, K67 NY94
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.
84GF Score

Get the complete analysis for RYAAY

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$63.73
Price
$59.55
GF Value