Alaska AIR Group vs Ryanair Holdings
Ryanair Holdings is the larger business, with $18.02bn of revenue in fiscal 2026 against $14.24bn for Alaska AIR Group (1.3 times as much). Alaska AIR Group grew faster (21.3% against 20.3%). Ryanair Holdings kept more of each dollar of sales as profit: a net margin of 14.0% against 0.7%. Ryanair Holdings carries less debt relative to equity (14.8% against 134.9%).
| Latest fiscal year | Alaska AIR GroupALK, 2025 | Ryanair HoldingsRYAAY, 2026 |
|---|---|---|
| Revenue | $14.24bn | $18.02bn |
| Revenue growth | 21.3% | 20.3% |
| Net income | $100m | $2.52bn |
| Operating margin | 2.1% | 15.3% |
| Net margin | 0.7% | 14.0% |
| Return on equity | 2.4% | 26.2% |
| Free cash flow | $940m | $2.09bn |
| Cash | $627m | $3.15bn |
| Total debt | $5.55bn | $1.72bn |
| Debt to equity | 134.9% | 14.8% |
| Dividend per share | — | — |
| Dividend yield | — | 1.8% |
| Share buybacks | $570m | $622m |
| Employees | 35,951 | — |
| Market value | $4.14bn | $29.08bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 39 (Weak) | — |
| Insider trades, 12 months | 1 buys, 6 sales | 0 buys, 11 sales |