Ryanair Holdings (RYAAY) Interest Coverage Ratio (2009 - 2026)
Ryanair Holdings (RYAAY) posted quarterly Interest Coverage Ratio of 38.62 for Q2 2026, up 25.58% year-on-year from 30.75 in Q2 2025, and down 664.69% on a QoQ basis from 5.05 in Q1 2026.
Ryanair Holdings (RYAAY) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Ryanair Holdings (RYAAY) has reported Interest Coverage Ratio for 18 consecutive years, with 38.62 the latest figure, recorded in Q2 2026.
- Quarterly Interest Coverage Ratio rose 25.58% year-over-year to 38.62 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 37.92 (up 29.49% YoY) and the FY2026 annual result came in at 46.55, up 108.26% from the prior year.
- Interest Coverage Ratio eased to 38.62 in Q2 2026 per RYAAY's latest filing, from 5.05 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for RYAAY reached as high as 2.36 in Q4 2023 and fell as low as 68.56 in Q3 2025.
- A 5-year average of 21.82 and a median of 15.27 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 695.7% — and 2023, when it surged 119.29%.
- Year by year, Interest Coverage Ratio stood at 12.25 in 2022, then soared by 119.29% to 2.36 in 2023, then plunged by 283.99% to 4.35 in 2024, then slumped by 44.38% to 6.28 in 2025, then tumbled by 515.33% to 38.62 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 38.62, 5.05, and 6.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,791.03 Bn | 30,788.37 Bn | 1.28 Mn | -5.02 |
| 2 | Ryanair Holdings | 60.68 Bn | 57.48 Bn | - | -38.62 |
| 3 | Delta Air Lines | 56.28 Bn | 51.62 Bn | 19.07 Bn | -155.33 |
| 4 | Southwest Airlines | 22.00 Bn | 18.21 Bn | 7.33 Bn | 3.10 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.96 Bn | 8.14 Bn | - | 1.22 |
| 6 | Copa Holdings | 5.66 Bn | 4.32 Bn | 713.71 Mn | -7.63 |
| 7 | Alaska Air | 5.31 Bn | 3.55 Bn | 3.20 Bn | -3.67 |
| 8 | Skywest | 4.28 Bn | 3.68 Bn | 1.01 Bn | 1.25 |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn | -1.56 |
| 10 | Allegiant Travel | 1.81 Bn | 907.98 Mn | 651.87 Mn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -38.62 |
| Mar 31, 2026 | -5.05 |
| Dec 31, 2025 | -6.28 |
| Sep 30, 2025 | -68.56 |
| Jun 30, 2025 | -51.89 |
| Mar 31, 2025 | -3.75 |
| Dec 31, 2024 | -4.35 |
| Sep 30, 2024 | -49.51 |
| Jun 30, 2024 | -18.47 |
| Mar 31, 2024 | -2.03 |
| Dec 31, 2023 | 2.36 |
| Sep 30, 2023 | -35.44 |
| Jun 30, 2023 | -34.19 |
| Mar 31, 2023 | -2.62 |
| Dec 31, 2022 | -12.25 |
| Sep 30, 2022 | -42.73 |
| Jun 30, 2022 | -18.29 |
| Mar 31, 2022 | -1.09 |
| Dec 31, 2021 | 23.34 |
| Sep 30, 2021 | -5.37 |