RYAAY FY 2024 Earnings Report — Ryanair Holdings plc Revenue & Financial Results | Market Cap Arena

Ryanair Holdings plcRYAAY

FY 2024 Earnings

Reported June 27, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$15.7B	—	$12.6B	—	24.8%
Op. Income	$2.4B	—	$1.7B	—	42.8%
Gross Margin	28.8%	—	20.6%	—	8.2pp
Net Margin	14.3%	—	12.2%	—	2.1pp
EPS (Diluted)	$3.92	—	$5.40	—	-27.5%
Free Cash Flow	$896M	—	$2.3B	—	-61.2%

Revenue Flow

Item	Amount
REVENUE	$15.7B
Cost of Revenue	$11.2B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$885M
General & Administrative	$192M
SG&A Expenses	$1.1B
Other Expenses	$1.0B
Operating Expenses	$2.1B
Cost & Expenses	$13.3B
OPERATING INCOME	$2.4B
Interest Income	$169M
Interest Expense	$97M
Other Income/Expenses	$79M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$247M
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.2B
D&A	$1.2B
EBIT	$2.4B
EBITDA	$3.6B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$15.7B
Cost of Revenue	$11.2B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$885M
General & Administrative	$192M
SG&A Expenses	$1.1B
Other Expenses	$1.0B
Operating Expenses	$2.1B
Cost & Expenses	$13.3B
OPERATING INCOME	$2.4B
Interest Income	$169M
Interest Expense	$97M
Other Income/Expenses	$79M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$247M
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.2B
D&A	$1.2B
EBIT	$2.4B
EBITDA	$3.6B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$2.2B
Depreciation & Amortization	$1.2B
Stock-Based Compensation	-$5M
Deferred Income Tax	$247M
Other Non-Cash Items	-$120M
Change in Working Capital	$90M
OPERATING CASH FLOW	$3.7B
Capital Expenditure	-$2.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$972M
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	-$1.3B
Common Stock Repurchased	$0
Common Dividends Paid	-$233M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$1.6B
FREE CASH FLOW	$896M
Net Change in Cash	$323M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.5B
Short-Term Investments	$278M
Net Receivables	$89M
Inventory	$7M
Other Current Assets	$424M
TOTAL CURRENT ASSETS	$6.8B
PP&E (Net)	$12.9B
Goodwill	$0
Intangible Assets	$171M
Long-Term Investments	$0
Tax Assets	$2M
Other Non-Current Assets	$218M
TOTAL NON-CURRENT ASSETS	$13.3B
TOTAL ASSETS	$20.1B
Account Payables	$926M
Short-Term Debt	$58M
Deferred Revenue	$3.4B
Other Current Liabilities	$287M
TOTAL CURRENT LIABILITIES	$7.5B
Long-Term Debt	$3.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$423M
Other Non-Current Liabilities	$165M
TOTAL NON-CURRENT LIABILITIES	$3.7B
TOTAL LIABILITIES	$11.2B
Common Stock	$8M
Additional Paid-In Capital	$1.6B
Retained Earnings	$6.9B
Treasury Stock	$0
Accum. Other Comp. Income	$354M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.9B
Minority Interest	$0
TOTAL EQUITY	$8.9B
TOTAL LIABILITIES & EQUITY	$20.1B
Total Debt	$3.2B
Net Debt	-$1.3B