Ryanair Holdings (RYAAY) EBITDA Margin (2009 - 2026)
Ryanair Holdings (RYAAY) posted EBITDA Margin of 22.64% for Q2 2026, up 119.67% on a QoQ basis from 115.09% in Q1 2026, and down 633.0% year-over-year from 4.25% in Q2 2025.
Analysis
Ryanair Holdings (RYAAY) EBITDA Margin (2009 - 2026) Analysis & Trends
Ryanair Holdings has reported EBITDA Margin for 18 years, with the latest figure at 22.64% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 633.0% year-over-year to 22.64% in Q2 2026; TTM through Jun 2026 was 4.66%, a 260.0% decrease from a year earlier, with the FY2026 full-year figure at 6.44%, up 398.0% from the prior year.
- EBITDA Margin was 22.64% for Q2 2026 at Ryanair Holdings, up from 115.09% in the prior quarter.
- The five-year high for EBITDA Margin was 41.81% in Q3 2025, with the low at 120.87% in Q1 2022.
- Average EBITDA Margin over 5 years is 12.98%, with a median of 17.05% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin jumped 6385 bps in 2022, then plunged 1196 bps in 2025.
- Over 5 years, EBITDA Margin stood at 16.19% in 2022, then sank by 44 bps to 9.06% in 2023, then grew by 21 bps to 10.97% in 2024, then dropped by 2 bps to 10.72% in 2025, then soared by 111 bps to 22.64% in 2026.
- The last three EBITDA Margin figures came in at 22.64% (Q2 2026), 115.09% (Q1 2026), and 10.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | 22.64% |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 14.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 17.85% |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 2.24% |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | -5.23% |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | -7.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.64% |
| Mar 31, 2026 | -115.09% |
| Dec 31, 2025 | 10.72% |
| Sep 30, 2025 | 41.81% |
| Jun 30, 2025 | 28.97% |
| Mar 31, 2025 | -114.17% |
| Dec 31, 2024 | 10.97% |
| Sep 30, 2024 | 38.75% |
| Jun 30, 2024 | 18.72% |
| Mar 31, 2024 | -102.21% |
| Dec 31, 2023 | 9.06% |
| Sep 30, 2023 | 40.37% |
| Jun 30, 2023 | 27.02% |
| Mar 31, 2023 | -105.38% |
| Dec 31, 2022 | 16.19% |
| Sep 30, 2022 | 40.98% |
| Jun 30, 2022 | 17.91% |
| Mar 31, 2022 | -120.87% |
| Dec 31, 2021 | 5.23% |
| Sep 30, 2021 | 25.55% |