Ryanair Holdings plc RYAAY

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
66/100
Moderate

About Ryanair Holdings plc

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, Italy, Spain, the United Kingdom, and internationally. The company offers various ancillary services; engages in other activities connected with its air passenger service, including non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and … Full RYAAY analysis →

Competitive advantage assessment

Key strengths

  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.97), with robust interest coverage.
  • Consistent Cash Generation Cash generation is strong and consistent (score 0.88).

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.06), suggesting weak customer stickiness.
  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.29), suggesting cyclical exposure or competitive pressure.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
50

Where RYAAY ranks in Airlines

Ryanair Holdings plc ranks #3 of 20 scored companies in Airlines by moat score — the top 15%. The widest moat in the group is SkyWest, Inc. (SKYW) at 72/100.

Moat scores for companies ranked near RYAAY in Airlines
# Company Moat score Rating
1 SkyWest, Inc. SKYW 72/100 Moderate
2 Copa Holdings, S.A. CPA 72/100 Moderate
3 Ryanair Holdings plc RYAAY 66/100 Moderate
4 Delta Air Lines, Inc. DAL 66/100 Moderate
5 Sun Country Airlines Holdings, SNCY 65/100 Moderate
6 LATAM Airlines Group S.A. LTM 65/100 Moderate
7 United Airlines Holdings, Inc. UAL 59/100 Moderate
8 Azul S.A. AZUL 56/100 Moderate
9 Alaska Air Group, Inc. ALK 53/100 Moderate

See every General Corporate company ranked by moat score →

How RYAAY scores on the Corporate Default defenses

Pricing Power

Score 50 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 60 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 44 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 74 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 94 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 82 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding RYAAY's moat

What is Ryanair Holdings plc's moat score?

Ryanair Holdings plc (RYAAY) scores 66 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #3 of 20 scored companies in Airlines, the top 15%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 19 companies in Airlines. Its strongest defense is Resilience (94/100) and its weakest is Customer Stickiness (44/100).

How does Ryanair Holdings plc compare with other Airlines companies?

Ryanair Holdings plc ranks #3 of 20 scored companies in Airlines by moat score. The widest moat in Airlines is SkyWest, Inc. (SKYW) at 72/100. The companies ranked closest are Copa Holdings, S.A. (CPA) at 72 just above it and Delta Air Lines, Inc. (DAL) at 66 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 19 companies in Airlines. The defenses are then weighted to produce the overall score out of 100.

Why is Ryanair Holdings plc scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Ryanair Holdings plc?

The Corporate Default template measures 6 defenses, and RYAAY scores: Pricing Power (50), Cost Advantage (60), Customer Stickiness (44), Capital Efficiency (74), Resilience (94), Scale & Market Position (82). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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