• Ryanair reported an EPS of $0.16, missing the expected $0.18 but surpassed revenue expectations with $3.76 billion.
• The company has upgraded its fiscal 2026 outlook due to strong demand and early delivery of Boeing aircraft.
• Ryanair's financial ratios indicate a strong market valuation with a P/E ratio of 5.26 and a conservative debt use with a debt-to-equity ratio of 0.16.

Ryanair Holdings plc (NASDAQ:RYAAY), a leading figure in the airline industry, is renowned for its low-cost business model. The company boasts an extensive network of flights across Europe, positioning itself as a formidable competitor against other budget airlines such as EasyJet and Wizz Air. Investors closely watch Ryanair's financial performance, particularly during earnings reports and calls.

On January 26, 2026, Ryanair disclosed an earnings per share (EPS) of $0.16, falling short of the expected $0.18. Despite this, the company exceeded revenue forecasts, generating approximately $3.76 billion against the anticipated $2.41 billion. This revenue beat underscores Ryanair's ability to drive sales, even when earnings do not meet expectations.

During the Q3 2026 earnings call, likely hosted by Seeking Alpha, Ryanair's management probably focused on these financial outcomes, emphasizing revenue figures and operational efficiency. This call is pivotal for investors, offering insights into the company's strategic direction and standing in the competitive airline sector.

Ryanair has revised its fiscal 2026 outlook upwards, buoyed by robust demand and the early arrival of Boeing aircraft. This strategic edge is anticipated to bolster Ryanair's capacity to cater to increasing customer demand, mirroring the company's optimism in its growth path and operational prowess.

Financially, Ryanair's price-to-earnings (P/E) ratio stands at approximately 5.26, showcasing how the market values its earnings. The company's price-to-sales ratio hovers around 20.21, and the enterprise value to sales ratio is close to 20.12, reflecting the market's assessment of its revenue and total valuation. Despite a high enterprise value to operating cash flow ratio of roughly 188.82, Ryanair maintains a low debt-to-equity ratio of about 0.16, indicating conservative debt usage. However, a current ratio of approximately 0.71 signals potential difficulties in covering short-term liabilities with short-term assets.