Ryanair Holdings (RYAAY) Operating Margin (2010 - 2026)
Ryanair Holdings (RYAAY) reported Operating Margin of 13.12% for the quarter ended Jun 30, 2026, down 7.93 percentage points from 21.06% a year earlier but up 33.20 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ryanair Holdings' Operating Margin came in at 13.06%, down 1.67 percentage points year-over-year; for the year ended Mar 31, 2026, it was 15.27%, up 4.10 percentage points from the prior year.
- Operating Margin has a five-year change of +66.59 percentage points (years ended Mar 2021 to Mar 2026).
- By year, Operating Margin came in at 11.17% in the year ended Mar 31, 2025 (-4.16 pp), 15.33% in the year ended Mar 31, 2024 (+1.94 pp), 13.39% in the year ended Mar 31, 2023 (+20.46 pp) and -7.07% in the year ended Mar 31, 2022 (+44.24 pp).
- Five-year quarterly Operating Margin spans a low of -21.29% in the quarter ended Mar 31, 2025 and a high of 35.53% in the quarter ended Sep 30, 2025.
- Year over year, Operating Margin gained in four of the last eight quarters, with an average year-over-year change of +0.08 percentage points.
- The high point for year-over-year Operating Margin in five years was the quarter ended Jun 30, 2022 (a gain of 91.40 percentage points); the low point was the quarter ended Jun 30, 2024 (a drop of 9.40 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -20.08% (quarter ended Mar 31, 2026), 0.57% (quarter ended Dec 31, 2025) and 35.53% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 40.25% |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 4.07% |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 32.44% |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 6.20% |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 13.12% |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 32.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.12% |
| Mar 31, 2026 | -20.08% |
| Dec 31, 2025 | 0.57% |
| Sep 30, 2025 | 35.53% |
| Jun 30, 2025 | 21.06% |
| Mar 31, 2025 | -21.29% |
| Dec 31, 2024 | 1.10% |
| Sep 30, 2024 | 32.55% |
| Jun 30, 2024 | 10.09% |
| Mar 31, 2024 | -15.49% |
| Dec 31, 2023 | -0.70% |
| Sep 30, 2023 | 34.60% |
| Jun 30, 2023 | 19.49% |
| Mar 31, 2023 | -19.34% |
| Dec 31, 2022 | 6.99% |
| Sep 30, 2022 | 35.34% |
| Jun 30, 2022 | 9.21% |
| Mar 31, 2022 | -14.66% |
| Dec 31, 2021 | -7.94% |
| Sep 30, 2021 | 14.23% |
Ryanair Holdings Operating 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=operating-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();