Ryanair Holdings (RYAAY) Net Margin (2009 - 2026)
Ryanair Holdings (RYAAY) recorded quarterly Net Margin of 19.61% in Q1 2026, down 3525.42% quarter-over-quarter from 0.57% in Q4 2025, and up 321.0% on a YoY basis from 4.66% in Q1 2025.
Ryanair Holdings (RYAAY) Net Margin (2009 - 2026) Analysis & Trends
Ryanair Holdings' Net Margin history runs 17 years deep, the most recent figure standing at 19.61% for Q1 2026.
- In Q1 2026, Net Margin rose 321.0% year-over-year to 19.61%; the TTM figure through Mar 2026 stood at 17.77% (up 342.0% YoY), while the FY2026 annual figure was 15.59%, up 156.0% from the prior year.
- Net Margin was 19.61% for Q1 2026 at Ryanair Holdings, down from 0.57% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 40.22% in Q3 2025 to a low of 34.73% in Q1 2023.
- Historically, Net Margin has averaged 9.22% across 5 years, with a median of 10.17% in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 9539 bps in 2022, then plunged 1797 bps in 2023.
- A 5-year view of Net Margin shows it stood at 10.17% in 2022, then soared by 283 bps to 38.99% in 2023, then tumbled by 88 bps to 4.69% in 2024, then tumbled by 88 bps to 0.57% in 2025, then plunged by 3525 bps to 19.61% in 2026.
- The last three Net Margin figures came in at 19.61% (Q1 2026), 0.57% (Q4 2025), and 40.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.82% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.13% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -5.85% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.04% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -13.90% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -14.24% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 6.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.61% |
| Dec 31, 2025 | 0.57% |
| Sep 30, 2025 | 40.22% |
| Jun 30, 2025 | 23.99% |
| Mar 31, 2025 | -22.82% |
| Dec 31, 2024 | 4.69% |
| Sep 30, 2024 | 37.53% |
| Jun 30, 2024 | 12.18% |
| Sep 30, 2023 | 38.99% |
| Jun 30, 2023 | 18.17% |
| Mar 31, 2023 | -34.73% |
| Dec 31, 2022 | 10.17% |
| Sep 30, 2022 | 37.97% |
| Jun 30, 2022 | 7.80% |
| Mar 31, 2022 | -16.76% |
| Dec 31, 2021 | -9.03% |
| Jun 30, 2021 | -87.58% |
| Dec 31, 2020 | -106.24% |
| Jun 30, 2020 | -167.73% |
| Dec 31, 2018 | -5.29% |