Ryanair Holdings (RYAAY) EBITDA (2009 - 2026)

Ryanair Holdings (RYAAY) recorded quarterly EBITDA of -$590.6 million in Q1 2026, down 2887.94% quarter-over-quarter from $21.2 million in Q4 2025, and down 14.8% on a YoY basis from -$693.3 million in Q1 2025.

Ryanair Holdings (RYAAY) EBITDA (2009 - 2026) Analysis & Trends

Ryanair Holdings' EBITDA history runs 18 years deep, the most recent figure standing at -$590.6 million for Q1 2026.

  • In Q1 2026, EBITDA fell 14.8% year-over-year to -$590.6 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 58.89% YoY), while the FY2026 annual figure was $2.8 billion, down 7.59% from the prior year.
  • EBITDA was -$590.6 million for Q1 2026 at Ryanair Holdings, down from $21.2 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $2.3 billion in Q3 2025 to a low of -$590.6 million in Q1 2026.
  • Historically, EBITDA has averaged $469.7 million across 5 years, with a median of $165.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: EBITDA surged 377.51% in 2022, then plunged 112.33% in 2023.
  • A 5-year view of EBITDA shows it stood at $165.0 million in 2022, then sank by 112.33% to -$20.3 million in 2023, then jumped by 271.31% to $34.8 million in 2024, then slumped by 39.19% to $21.2 million in 2025, then tumbled by 2887.94% to -$590.6 million in 2026.
  • The last three EBITDA figures came in at -$590.6 million (Q1 2026), $21.2 million (Q4 2025), and $2.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -590.64 Mn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn -260.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 142.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 250.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 209.59 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -279.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 101.05 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -21.00 Mn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -224.00 Mn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 81.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -590.64 Mn
Dec 31, 2025 21.19 Mn
Sep 30, 2025 2.28 Bn
Jun 30, 2025 1.03 Bn
Mar 31, 2025 -514.48 Mn
Dec 31, 2024 34.84 Mn
Sep 30, 2024 1.81 Bn
Jun 30, 2024 393.82 Mn
Mar 31, 2024 -365.23 Mn
Dec 31, 2023 -20.34 Mn
Sep 30, 2023 1.86 Bn
Jun 30, 2023 774.44 Mn
Mar 31, 2023 -383.51 Mn
Dec 31, 2022 164.97 Mn
Sep 30, 2022 1.43 Bn
Jun 30, 2022 255.67 Mn
Mar 31, 2022 -193.49 Mn
Dec 31, 2021 -133.50 Mn
Sep 30, 2021 299.54 Mn
Jun 30, 2021 -366.70 Mn