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RYAAY (Ryanair Holdings) Earnings Yield (Joel Greenblatt) % : 9.05% (As of Dec. 2024)


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What is Ryanair Holdings Earnings Yield (Joel Greenblatt) %?

Ryanair Holdings's Enterprise Value for the quarter that ended in Dec. 2024 was $23,506 Mil. Ryanair Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $2,056 Mil. Ryanair Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was 9.05%.

The historical rank and industry rank for Ryanair Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

RYAAY' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.73   Med: 8.29   Max: 43.2
Current: 8.76

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ryanair Holdings was 43.20%. The lowest was -7.73%. And the median was 8.29%.

RYAAY's Earnings Yield (Joel Greenblatt) % is ranked better than
56.08% of 1011 companies
in the Transportation industry
Industry Median: 7.67 vs RYAAY: 8.76

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ryanair Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Ryanair Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ryanair Holdings's Earnings Yield (Joel Greenblatt) % 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.

* Premium members only.

Ryanair Holdings Earnings Yield (Joel Greenblatt) % Chart

Ryanair Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 -4.95 -2.00 9.26 9.78

Ryanair Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Earnings Yield (Joel Greenblatt) % 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 10.35 9.78 11.17 10.38 9.05

Competitive Comparison of Ryanair Holdings's Earnings Yield (Joel Greenblatt) %

For the Airlines subindustry, Ryanair Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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's Earnings Yield (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ryanair Holdings's Earnings Yield (Joel Greenblatt) % falls into.


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Ryanair Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Ryanair Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2403.261/31710.641428
=7.58 %

Ryanair Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,056 Mil.



Ryanair Holdings  (NAS:RYAAY) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Ryanair Holdings Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Ryanair Holdings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryanair Holdings Business Description

Industry
Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,000 flights daily across 200-plus destinations in 40-plus countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volumes, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.