Ryanair Holdings (RYAAY) Return on Capital Employed (2009 - 2026)
Ryanair Holdings (RYAAY) recorded quarterly Return on Capital Employed of 25.23% in Q1 2026, up 2.11% quarter-over-quarter from 24.71% in Q4 2025, and up 685.0% on a YoY basis from 3.21% in Q1 2025.
Ryanair Holdings (RYAAY) Return on Capital Employed (2009 - 2026) Analysis & Trends
Ryanair Holdings' Return on Capital Employed history runs 18 years deep, the most recent figure standing at 25.23% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 685.0% year-over-year to 25.23%; the TTM figure through Mar 2026 stood at 25.23% (up 685.0% YoY), while the FY2026 annual figure was 25.22%, up 843.0% from the prior year.
- Return on Capital Employed was 25.23% for Q1 2026 at Ryanair Holdings, up from 24.71% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 28.35% in Q2 2025 to a low of 3.96% in Q1 2022.
- Historically, Return on Capital Employed has averaged 16.22% across 5 years, with a median of 16.38% in 2023.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed soared 2082 bps in 2022, then tumbled 261 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 16.0% in 2022, then increased by 10 bps to 17.65% in 2023, then decreased by 9 bps to 16.02% in 2024, then jumped by 54 bps to 24.71% in 2025, then grew by 2 bps to 25.23% in 2026.
- The last three Return on Capital Employed figures came in at 25.23% (Q1 2026), 24.71% (Q4 2025), and 23.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 25.23% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 11.47% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 7,568,387.53% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 5.87% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 16.15% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 1.66% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.50% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 3.51% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -3.55% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 1.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.23% |
| Dec 31, 2025 | 24.71% |
| Sep 30, 2025 | 23.41% |
| Jun 30, 2025 | 28.35% |
| Mar 31, 2025 | 18.39% |
| Dec 31, 2024 | 16.02% |
| Sep 30, 2024 | 15.10% |
| Jun 30, 2024 | 16.23% |
| Mar 31, 2024 | 20.99% |
| Dec 31, 2023 | 17.65% |
| Sep 30, 2023 | 10.69% |
| Mar 31, 2023 | 16.53% |
| Dec 31, 2022 | 16.00% |
| Sep 30, 2022 | 11.97% |
| Jun 30, 2022 | 2.16% |
| Mar 31, 2022 | -3.96% |
| Dec 31, 2021 | -4.81% |
| Sep 30, 2021 | -3.77% |
| Jun 30, 2021 | -8.61% |
| Dec 31, 2020 | -4.25% |