Ryanair Holdings (RYAAY) Operating Leases (2019 - 2026)

Ryanair Holdings (RYAAY) posted quarterly Operating Leases of $118.1 million for Q2 2026, up 10.44% year-on-year from $107.0 million in Q2 2025, and down 1.23% on a QoQ basis from $119.6 million in Q1 2026.

Ryanair Holdings (RYAAY) Operating Leases (2019 - 2026) Analysis & Trends

Ryanair Holdings (RYAAY) has reported Operating Leases for 8 consecutive years, with $118.1 million the latest figure, recorded in Q2 2026.

  • Quarterly Operating Leases rose 10.44% year-over-year to $118.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $118.1 million (up 10.44% YoY) and the FY2026 annual result came in at $119.6 million, down 5.66% from the prior year.
  • Operating Leases declined to $118.1 million in Q2 2026 per RYAAY's latest filing, from $119.6 million in the prior quarter.
  • Over the last five years, Operating Leases for RYAAY reached as high as $220.4 million in Q3 2022 and fell as low as $81.5 million in Q2 2022.
  • A 5-year average of $137.2 million and a median of $142.5 million in 2024 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2023 — Operating Leases surged 100.37% — and 2025, when it plunged 39.71%.
  • Year by year, Operating Leases stood at $200.5 million in 2022, then declined by 25.77% to $148.8 million in 2023, then retreated by 3.75% to $143.3 million in 2024, then plunged by 39.71% to $86.4 million in 2025, then soared by 36.77% to $118.1 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $118.1 million, $119.6 million, and $86.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Latam Airlines 30,537.63 Bn 30,534.97 Bn 1.28 Mn
2 Ryanair Holdings 61.46 Bn 58.27 Bn -
3 Delta Air Lines 56.39 Bn 51.72 Bn 19.07 Bn
4 Southwest Airlines 22.21 Bn 18.42 Bn 7.33 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.87 Bn 8.05 Bn -
6 Copa Holdings 5.66 Bn 4.32 Bn 713.71 Mn
7 Alaska Air 5.40 Bn 3.64 Bn 3.20 Bn
8 Skywest 4.27 Bn 3.67 Bn 1.01 Bn
9 Jetblue Airways 2.02 Bn 1.61 Bn 1.87 Bn
10 Allegiant Travel 1.82 Bn 915.26 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 118.13 Mn
Mar 31, 2026 119.60 Mn
Dec 31, 2025 86.37 Mn
Sep 30, 2025 97.52 Mn
Jun 30, 2025 106.97 Mn
Mar 31, 2025 126.77 Mn
Dec 31, 2024 143.27 Mn
Sep 30, 2024 143.95 Mn
Jun 30, 2024 150.67 Mn
Mar 31, 2024 142.47 Mn
Dec 31, 2023 148.84 Mn
Sep 30, 2023 167.73 Mn
Mar 31, 2023 185.60 Mn
Dec 31, 2022 200.51 Mn
Sep 30, 2022 220.42 Mn
Jun 30, 2022 81.48 Mn
Mar 31, 2022 92.63 Mn
Dec 31, 2021 104.92 Mn
Sep 30, 2021 117.78 Mn
Jun 30, 2021 131.78 Mn