Ryanair Holdings (CHIX:RYAI) Selling, General, & Admin. Expense: €1,136 Mil (TTM As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:RYAI Ryanair Holdings PLC CHIX:RYAI
89 GF Score
Price €26.33
GF Value €25.15
Valuation Fairly Valued
! 1 Warning Sign
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What is Ryanair Holdings Selling, General, & Admin. Expense?

Ryanair Holdings CHIX:RYAI -2.08% 89 Selling, General, & Admin. Expense is €1,136 Mil as of Mar. 2026. GuruFocus rates CHIX:RYAI with a GF Score™ of 89/100 and a GF Value™ of €25.15 (Fairly Valued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ryanair Holdings's selling, general, & admin. expense for the three months ended in Mar. 2026 was €523 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €1,136 Mil.


Ryanair Holdings  (CHIX:RYAi) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Ryanair Holdings Selling, General, & Admin. Expense Related Terms


Ryanair Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ryanair Holdings's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 460.30 780.40 921.80 1,092.40 1,135.80

Ryanair Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 389.90 221.20 217.40 174.00 523.20

CHIX:RYAI vs DAL, UAL, LUV: Selling, General, & Admin. Expense Comparison

For the Airlines subindustry, Ryanair Holdings's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ryanair Holdings's Selling, General, & Admin. Expense falls into.


CHIX:RYAI
89GF Score
Ryanair Holdings PLC CHIX:RYAI
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryanair Holdings Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 €1,136 Mil.

* 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 Selling, General, & Admin. Expense of €1,136 Mil mean?
Ryanair Holdings (CHIX:RYAI) has a Selling, General, & Admin. Expense of €1,136 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ryanair Holdings and its competitors.
Is Ryanair Holdings' Selling, General, & Admin. Expense too high?
Ryanair Holdings' current Selling, General, & Admin. Expense is €1,136 Mil. 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' Selling, General, & Admin. Expense compare to DAL and UAL?
Ryanair Holdings' Selling, General, & Admin. Expense of €1,136 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ryanair Holdings and its competitors. Ryanair Holdings's current Selling, General, & Admin. Expense is €1,136 Mil. 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 €25.15, compared to a current price of €26.33 — trading 4.7% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,136 Mil. Ryanair Holdings' overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Ryanair Holdings (CHIX:RYAI), the current Selling, General, & Admin. Expense is €1,136 Mil 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 4.7% above its estimated GF Value™ of €25.15. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for CHIX:RYAI:

  • Selling, General, & Admin. Expense: €1,136 Mil
  • GF Value™: €25.15 vs. price of €26.33 (4.7% above fair value)
  • GF Score™: 89/100 with 1 warning sign

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 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.
89GF Score

Get the complete analysis for CHIX:RYAI

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.33
Price
€25.15
GF Value