RYAAY FY 2017 Earnings Report — Ryanair Holdings plc Revenue & Financial Results | Market Cap Arena

Ryanair Holdings plcRYAAY

FY 2017 Earnings

Reported March 30, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$7.8B	—	$7.7B	—	1.7%
Op. Income	$1.8B	—	$1.7B	—	5.1%
Gross Margin	35.4%	—	33.4%	—	2.1pp
Net Margin	19.8%	—	23.9%	—	-4.1pp
EPS (Diluted)	$2.46	—	$2.72	—	-9.5%
Free Cash Flow	$559M	—	$736M	—	-24.1%

Revenue Flow

Item	Amount
REVENUE	$7.8B
Cost of Revenue	$5.0B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$377M
General & Administrative	$0
SG&A Expenses	$377M
Other Expenses	$583M
Operating Expenses	$961M
Cost & Expenses	$6.0B
OPERATING INCOME	$1.8B
Interest Income	$5M
Interest Expense	$79M
Other Income/Expenses	-$75M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$181M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$583M
EBIT	$1.8B
EBITDA	$2.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$7.8B
Cost of Revenue	$5.0B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$377M
General & Administrative	$0
SG&A Expenses	$377M
Other Expenses	$583M
Operating Expenses	$961M
Cost & Expenses	$6.0B
OPERATING INCOME	$1.8B
Interest Income	$5M
Interest Expense	$79M
Other Income/Expenses	-$75M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$181M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$583M
EBIT	$1.8B
EBITDA	$2.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$583M
Stock-Based Compensation	$7M
Deferred Income Tax	$181M
Other Non-Cash Items	-$189M
Change in Working Capital	$135M
OPERATING CASH FLOW	$2.3B
Capital Expenditure	-$1.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1.5B
NET CASH FROM INVESTING	-$1.5B
Net Debt Issuance	$406M
Common Stock Repurchased	-$1.2B
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$786M
FREE CASH FLOW	$559M
Net Change in Cash	-$41M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.4B
Short-Term Investments	$3.4B
Net Receivables	$64M
Inventory	$4M
Other Current Assets	$350M
TOTAL CURRENT ASSETS	$5.5B
PP&E (Net)	$8.4B
Goodwill	$0
Intangible Assets	$55M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$27M
TOTAL NON-CURRENT ASSETS	$8.5B
TOTAL ASSETS	$14.0B
Account Payables	$344M
Short-Term Debt	$381M
Deferred Revenue	$1.6B
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$3.5B
Long-Term Debt	$4.6B
Deferred Revenue NC	$15M
Deferred Tax Liabilities	$554M
Other Non-Current Liabilities	$351M
TOTAL NON-CURRENT LIABILITIES	$5.3B
TOTAL LIABILITIES	$8.9B
Common Stock	$9M
Additional Paid-In Capital	$842M
Retained Earnings	$4.0B
Treasury Stock	$0
Accum. Other Comp. Income	$277M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.2B
Minority Interest	$0
TOTAL EQUITY	$5.2B
TOTAL LIABILITIES & EQUITY	$14.0B
Total Debt	$5.1B
Net Debt	$3.7B