Ryanair Holdings (RYAAY) EBITDA Margin (2009 - 2026)
Ryanair Holdings (RYAAY) recorded EBITDA Margin of 38.96% in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 2.86 percentage points from 41.81% a year earlier but up 16.32 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Ryanair Holdings' EBITDA Margin came in at 21.48% as of Sep 30, 2026, down 3.64 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 24.11%, up 4.23 percentage points from FY2025.
- Annual EBITDA Margin has a five-year change of +73.96 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBITDA Margin came in at 19.88% in FY2025 (-3.33 pp), 23.21% in FY2024 (+1.25 pp), 21.96% in FY2023 (+14.04 pp) and 7.91% in FY2022 (+57.76 pp).
- Quarterly EBITDA Margin has ranged from -8.44% in fiscal Q4 2025 to 41.81% in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in four of the last eight quarters, with an average year-over-year change of +0.57 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 65.41 percentage points in fiscal Q1 2023, against a drop of 8.30 percentage points in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 22.64% (Q1 2027), -5.77% (Q4 2026) and 10.72% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 49.83% |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 49.37% |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 11.85% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 47.78% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 10.71% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 42.91% |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 10.54% |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 12.44% |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 34.14% |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | 38.96% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.96% |
| Jun 30, 2026 | 22.64% |
| Mar 31, 2026 | -5.77% |
| Dec 31, 2025 | 10.72% |
| Sep 30, 2025 | 41.81% |
| Jun 30, 2025 | 28.97% |
| Mar 31, 2025 | -8.44% |
| Dec 31, 2024 | 10.97% |
| Sep 30, 2024 | 38.75% |
| Jun 30, 2024 | 18.72% |
| Mar 31, 2024 | -4.56% |
| Dec 31, 2023 | 9.06% |
| Sep 30, 2023 | 40.37% |
| Jun 30, 2023 | 27.02% |
| Mar 31, 2023 | -5.41% |
| Dec 31, 2022 | -2.04% |
| Sep 30, 2022 | 28.74% |
| Jun 30, 2022 | 16.80% |
| Mar 31, 2022 | 1.46% |
| Dec 31, 2021 | 5.23% |
Ryanair Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "RYAAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();