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
DateValue
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%