Ryanair Holdings (RYAAY) Debt Ratio (2009 - 2026)

Ryanair Holdings (RYAAY) posted quarterly Debt Ratio of 0.0 for Q2 2026, down 98.26% year-on-year from 0.12 in Q2 2025, and down 96.91% on a QoQ basis from 0.07 in Q1 2026.

Ryanair Holdings (RYAAY) Debt Ratio (2009 - 2026) Analysis & Trends

Ryanair Holdings (RYAAY) has reported Debt Ratio for 18 consecutive years, with 0.0 the latest figure, recorded in Q2 2026.

  • Quarterly Debt Ratio fell 98.26% year-over-year to 0.0 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.0 (down 98.26% YoY) and the FY2026 annual result came in at 0.07, down 52.88% from the prior year.
  • Debt Ratio retreated to 0.0 in Q2 2026 per RYAAY's latest filing, from 0.07 in the prior quarter.
  • Over the last five years, Debt Ratio for RYAAY reached as high as 0.36 in Q4 2022 and fell as low as 0.0 in Q2 2026.
  • A 5-year average of 0.18 and a median of 0.15 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio slipped 1.28% — and 2026, when it plunged 98.26%.
  • Year by year, Debt Ratio stood at 0.36 in 2022, then slumped by 52.98% to 0.17 in 2023, then dropped by 8.03% to 0.15 in 2024, then plunged by 45.8% to 0.08 in 2025, then sank by 97.49% to 0.0 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.07, and 0.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Latam Airlines 30,667.28 Bn 30,664.61 Bn 1.28 Mn 0.00
2 Ryanair Holdings 60.44 Bn 57.25 Bn - 0.00
3 Delta Air Lines 56.28 Bn 51.61 Bn 19.07 Bn 0.16
4 Southwest Airlines 21.96 Bn 18.17 Bn 7.33 Bn 0.20
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.94 Bn 8.12 Bn - 0.08
6 Copa Holdings 5.65 Bn 4.31 Bn 713.71 Mn 0.30
7 Alaska Air 5.31 Bn 3.54 Bn 3.20 Bn 0.26
8 Skywest 4.29 Bn 3.68 Bn 1.01 Bn 0.31
9 Jetblue Airways 2.01 Bn 1.60 Bn 1.87 Bn 0.51
10 Allegiant Travel 1.81 Bn 908.61 Mn 651.87 Mn 0.43

Historic Data

Download Data
DateValue
Jun 30, 2026 0.00
Mar 31, 2026 0.07
Dec 31, 2025 0.08
Sep 30, 2025 0.08
Jun 30, 2025 0.12
Mar 31, 2025 0.14
Dec 31, 2024 0.15
Sep 30, 2024 0.16
Jun 30, 2024 0.14
Mar 31, 2024 0.15
Dec 31, 2023 0.17
Sep 30, 2023 0.16
Mar 31, 2023 0.24
Dec 31, 2022 0.36
Sep 30, 2022 0.33
Jun 30, 2022 0.29
Mar 31, 2022 0.33
Dec 31, 2021 0.38
Sep 30, 2021 0.40
Jun 30, 2021 0.41