Ryanair Holdings (RYAAY) Net Margin (2009 - 2026)
Ryanair Holdings (RYAAY) posted Net Margin of 12.26% for Q2 2026, up 177.92% on a QoQ basis from 15.74% in Q1 2026, and down 664.0% year-over-year from 2.17% in Q2 2025.
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Analysis
Ryanair Holdings (RYAAY) Net Margin (2009 - 2026) Analysis & Trends
Ryanair Holdings has reported Net Margin for 18 years, with the latest figure at 12.26% in Q2 2026.
- On a quarterly basis, Net Margin fell 664.0% year-over-year to 12.26% in Q2 2026; TTM through Jun 2026 was 12.14%, a 228.0% decrease from a year earlier, with the FY2026 full-year figure at 13.98%, up 243.0% from the prior year.
- Net Margin was 12.26% for Q2 2026 at Ryanair Holdings, up from 15.74% in the prior quarter.
- The five-year high for Net Margin was 32.67% in Q1 2022, with the low at 15.74% in Q1 2026.
- Average Net Margin over 5 years is 9.88%, with a median of 9.53% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 8078 bps in 2022, then plunged 4718 bps in 2023.
- Over 5 years, Net Margin stood at 9.13% in 2022, then tumbled by 94 bps to 0.55% in 2023, then surged by 816 bps to 5.02% in 2024, then plunged by 81 bps to 0.95% in 2025, then soared by 1197 bps to 12.26% in 2026.
- The last three Net Margin figures came in at 12.26% (Q2 2026), 15.74% (Q1 2026), and 0.95% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | 12.26% |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 9.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | -3.92% |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | -0.51% |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | -9.16% |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | -7.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.26% |
| Mar 31, 2026 | -15.74% |
| Dec 31, 2025 | 0.95% |
| Sep 30, 2025 | 31.37% |
| Jun 30, 2025 | 18.90% |
| Mar 31, 2025 | -14.29% |
| Dec 31, 2024 | 5.02% |
| Sep 30, 2024 | 28.25% |
| Jun 30, 2024 | 9.93% |
| Mar 31, 2024 | -12.71% |
| Dec 31, 2023 | 0.55% |
| Sep 30, 2023 | 30.76% |
| Jun 30, 2023 | 18.17% |
| Mar 31, 2023 | -14.52% |
| Dec 31, 2022 | 9.13% |
| Sep 30, 2022 | 29.91% |
| Jun 30, 2022 | 7.21% |
| Mar 31, 2022 | 32.67% |
| Dec 31, 2021 | -6.52% |
| Sep 30, 2021 | 12.61% |