Ryanair Holdings (RYAAY) Gross Margin (2010 - 2026)
Ryanair Holdings (RYAAY) reported Gross Margin of 61.47% for the quarter ended Jun 30, 2026, down 4.95 percentage points from 66.41% a year earlier but up 8.88 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ryanair Holdings' Gross Margin came in at 63.76%, down 0.53 percentage points year-over-year; for the year ended Mar 31, 2026, it came in at 64.92%, up 5.12 percentage points from the prior year.
- Gross Margin has a five-year change of -13.05 percentage points (years ended Mar 2021 to Mar 2026).
- By year, Gross Margin came in at 59.81% in the year ended Mar 31, 2025 (+1.31 pp), 58.50% in the year ended Mar 31, 2024 (-2.57 pp), 61.07% in the year ended Mar 31, 2023 (-14.05 pp) and 75.12% in the year ended Mar 31, 2022 (-2.86 pp).
- Five-year quarterly Gross Margin spans a low of 49.13% in the quarter ended Mar 31, 2024 and a high of 72.39% in the quarter ended Sep 30, 2025.
- Year over year, Gross Margin gained in seven of the last eight quarters, with an average year-over-year change of +1.59 percentage points.
- The high point for year-over-year Gross Margin in five years was the quarter ended Dec 31, 2024 (a gain of 5.76 percentage points); the low point was the quarter ended Mar 31, 2023 (a drop of 10.79 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 52.58% (quarter ended Mar 31, 2026), 60.88% (quarter ended Dec 31, 2025) and 72.39% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn | 59.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.47% |
| Mar 31, 2026 | 52.58% |
| Dec 31, 2025 | 60.88% |
| Sep 30, 2025 | 72.39% |
| Jun 30, 2025 | 66.41% |
| Mar 31, 2025 | 50.19% |
| Dec 31, 2024 | 60.40% |
| Sep 30, 2024 | 70.74% |
| Jun 30, 2024 | 60.79% |
| Mar 31, 2024 | 49.13% |
| Dec 31, 2023 | 54.64% |
| Sep 30, 2023 | 70.03% |
| Jun 30, 2023 | 63.33% |
| Mar 31, 2023 | 56.10% |
| Dec 31, 2022 | 60.42% |
| Sep 30, 2022 | 67.94% |
| Jun 30, 2022 | 60.30% |
| Mar 31, 2022 | 66.89% |
| Dec 31, 2021 | 59.39% |
| Sep 30, 2021 | 68.81% |
Ryanair Holdings Gross 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=gross-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();