Ryanair Holdings (RYAAY) Net Margin (2009 - 2026)
Ryanair Holdings' Net Margin came in at 36.07% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 4.15 percentage points from 40.22% a year earlier but up 21.28 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Ryanair Holdings reported Net Margin of 10.17%, down 7.52 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 13.98%, up 2.43 percentage points from FY2025.
- Net Margin carries a five-year change of +76.04 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Net Margin was 11.55% in FY2025 (-2.71 pp), 14.26% in FY2024 (+1.01 pp), 13.25% in FY2023 (+20.65 pp) and -7.39% in FY2022 (+54.66 pp).
- The five-year range for quarterly Net Margin is -43.35% (fiscal Q4 2026) to 40.22% (fiscal Q2 2026).
- Year-over-year, Net Margin has declined for four consecutive quarters, with an average year-over-year change of -0.48 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q1 2023 (a gain of 75.00 percentage points), and the weakest in fiscal Q4 2023 (a drop of 17.97 percentage points).
- Business Quant data shows RYAAY's Net Margin at 14.78% (Q1 2027), -43.35% (Q4 2026) and 0.57% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 28.85% |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 26.19% |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 5.09% |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 21.74% |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 6.39% |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 21.53% |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 3.75% |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 5.76% |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 21.61% |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.07% |
| Jun 30, 2026 | 14.78% |
| Mar 31, 2026 | -43.35% |
| Dec 31, 2025 | 0.57% |
| Sep 30, 2025 | 40.22% |
| Jun 30, 2025 | 23.99% |
| Mar 31, 2025 | -37.86% |
| Dec 31, 2024 | 4.69% |
| Sep 30, 2024 | 37.53% |
| Jun 30, 2024 | 12.18% |
| Mar 31, 2024 | -37.44% |
| Dec 31, 2023 | -0.35% |
| Sep 30, 2023 | 38.99% |
| Jun 30, 2023 | 22.43% |
| Mar 31, 2023 | -34.73% |
| Dec 31, 2022 | 9.42% |
| Sep 30, 2022 | 36.76% |
| Jun 30, 2022 | 7.88% |
| Mar 31, 2022 | -16.76% |
| Dec 31, 2021 | -9.03% |
Ryanair Holdings Net 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=net-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();