Loading…
Central European ultra-low-cost airline flying across Europe, the Middle East and North Africa.
Central European ultra-low-cost airline flying across Europe, the Middle East and North Africa.
Sells low base fares and earns extra from fees for bags, seats and boarding; one aircraft family, the Airbus A320 and A321, keeps its costs low. Bases in Central and Eastern Europe feed flows to Western Europe. In recent years defects in Pratt & Whitney engines have grounded many of its jets.
In one line: Europe's Spirit Airlines for Central/Eastern Europe.
Moat: narrow (cost advantage, scale). Low unit costs and a young fleet give a durable cost edge on point-to-point routes.
Headquarters: Budapest, Hungary · Founded: 2003 · Employees: 9,668
Size Wizz Air (WIZZ.L) is a United Kingdom Industrials company (Airlines) with a market value of $1.48B, the 188th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £1,062 on 6 Nov 2026.
Performance Over six months the shares gained 8.2%, against +5.5% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 10.7% over the last twelve months (peer median +10.4%); the operating margin is -2.2% (peer median 6.8%).
Valuation It trades at 1.1× enterprise value to sales against a peer median of 1.1× (10th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +49%, so the hurdle is -46 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.9 points below its cost of capital (7.4% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £4.91B | £4.92B | £4.43B | £4.38B | £3.37B |
| Revenue growth | — | +11% | +1% | +30% | — |
| Gross profit | £82.0M | £88.6M | £216M | £396M | -£202M |
| EBITDA | £913M | £919M | £853M | £819M | £30.0M |
| Net income | -£2.67M | £1.90M | £190M | £325M | -£452M |
| Free cash flow | £316M | £313M | £361M | -£10.7M | -£241M |
| Capital expenditure | £569M | £565M | £543M | £612M | £553M |
| Total debt | n/a | £6.10B | £5.54B | £5.36B | £4.66B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Wizz Air WIZZ.L | $1.48B | +8% | +11% | -2% | 1.1× | 3.4% |
| Ryanair Holdings PLC Sponsored ADR RYAAY | $29.5B | +2% | +9% | 13% | 1.5× | 6.4% |
| easyJet EZJ.L | $6.96B | +90% | +10% | 5% | 0.5× | 4.8% |
| Norwegian Air Shuttle NAS.OL | $1.47B | -11% | +3% | 6% | 0.5× | -16.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | WIZZ.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.8% | +4.8% | 10th highest of 21 |
| 6-month return | +8.2% | +5.5% | 10th highest of 21 |
| Distance from 52-week high | -26.9% | -26.2% | 10th lowest of 21 |
| Revenue growth (TTM) | +10.7% | +10.4% | 11th highest of 21 |
| Operating margin | -2.2% | 6.8% | 6th lowest of 21 |
| EV / Sales | 1.1× | 1.1× | 10th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 3.4% | -3.1% | 3rd most demanding of 13 |
| Growth delivered (Del g) | +49.5% | +24.8% | 2nd highest of 13 |
| Hurdle (Req g minus delivered) | -46.0 pp | -20.3 pp | 3rd least demanding of 13 |
| ROIC minus cost of capital | -8.9 pp | -0.0 pp | 5th lowest of 21 |
| EV / EBITDA | 6.1× | 4.4× | 4th most expensive of 14 |
| Net debt / EBITDA | 4.8× | 2.2× | 5th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wizz Air WIZZ.L | United Kingdom | $1.48B | +8% | +11% | -2% | 1.1× | 3.4% | +49.5% |
| Virgin Australia VGN.AX | Australia | $1.48B | +18% | +9% | 11% | 0.5× | -13.4% | +4.9% |
| Norwegian Air Shuttle NAS.OL | Norway | $1.47B | -11% | +3% | 6% | 0.5× | -16.5% | +35.8% |
| CITIC Offshore Helicopter 000099.SZ | China | $1.41B | -31% | -9% | 12% | 4.1× | 1.8% | +7.5% |
| JetBlue Airways JBLU | United States | $1.38B | -28% | +10% | -6% | 0.9× | n/a | n/a |
| China Express Airlines 002928.SZ | China | $1.34B | -12% | +4% | -17% | 3.4× | n/a | n/a |
| Frontier ULCC | United States | $1.71B | +40% | +24% | -15% | 1.2× | 31.6% | +24.4% |
| Starlux Airlines 2646.TW | Taiwan | $1.76B | -6% | +23% | 1% | 2.1× | n/a | n/a |
| Asiana Airlines 020560.KS | South Korea | $1.21B | +13% | -17% | -12% | 1.1× | n/a | n/a |
| Milkyway Intelligent Supply Chain Service 603713.SS | China | $1.90B | +29% | +15% | 8% | 1.2× | n/a | n/a |
| Finnair FIA1S.HE | Finland | $1.14B | +38% | +11% | 4% | 0.4× | -9.6% | +30.2% |
| Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR AERO | United States | $2.32B | +1% | +10% | 11% | 0.9× | -6.6% | +32.3% |
| Republic Airways RJET | United States | $942M | -12% | +438% | 11% | 0.8× | 2.8% | +25.2% |
| Azul S.A. Sponsored ADR AZUL | United States | $915M | +86% | +12% | 14% | 1.2× | n/a | n/a |
| Allegiant Travel ALGT | United States | $2.51B | +11% | +12% | 9% | 1.6× | n/a | n/a |
| Controladora Vuela Compania de Aviacion SAB de CV Sponsored ADR VLRS | United States | $850M | +3% | +19% | -5% | 1.1× | -13.7% | +23.8% |
| Tigerair Taiwan 6757.TW | Taiwan | $753M | +8% | +13% | 19% | 1.1× | -20.2% | +55.1% |
| SkyWest SKYW | United States | $3.02B | -10% | +7% | 14% | 1.1× | 2.2% | +13.8% |
| Juneyao Airlines 603885.SS | China | $3.42B | -8% | +8% | 1% | 2.5× | 0.4% | +17.4% |
| China Airlines 2610.TW | Taiwan | $3.94B | +17% | +8% | 8% | 0.9× | n/a | n/a |
| Air Canada AC.TO | Canada | $3.95B | +10% | +13% | 2% | 0.5× | 14.3% | +30.8% |