Ryanair Holdings (RYAAY) Return on Invested Capital [ROIC] (2022 - 2026)
Ryanair Holdings' Return on Invested Capital [ROIC] was 14.81% in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 8.92 percentage points from 23.73% a year earlier and down 2.08 percentage points from the prior quarter.
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Analysis
Ryanair Holdings (RYAAY) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Return on Invested Capital [ROIC] at Ryanair Holdings came in at 21.02%, up 6.88 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a five-year change of +28.81 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 14.15% in FY2025 (-4.46 pp), 18.61% in FY2024 (+6.45 pp), 12.16% in FY2023 (+13.97 pp) and -1.81% in FY2022 (+5.98 pp).
- The fiscal Q2 2027 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last eight quarters, with an average year-over-year change of +1.13 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2026 (a gain of 9.68 percentage points); the worst was fiscal Q2 2027 (a drop of 8.92 percentage points).
- Per Business Quant data, RYAAY's Return on Invested Capital [ROIC] in the three fiscal quarters before Q2 2027 was 16.90% (Q1 2027), 19.59% (Q4 2026) and 22.95% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 15.71% |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 12.59% |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 12.25% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 5.96% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 7.49% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 9.67% |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 10.82% |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 8.90% |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 25.01% |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | 14.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.81% |
| Jun 30, 2026 | 16.74% |
| Mar 31, 2026 | 19.41% |
| Dec 31, 2025 | 22.95% |
| Sep 30, 2025 | 23.73% |
| Jun 30, 2025 | 20.84% |
| Mar 31, 2025 | 14.46% |
| Dec 31, 2024 | 14.69% |
| Sep 30, 2024 | 14.05% |
| Jun 30, 2024 | 14.25% |
| Mar 31, 2024 | 17.61% |
| Dec 31, 2023 | 18.77% |
| Mar 31, 2023 | 11.25% |
| Dec 31, 2022 | 13.28% |
| Sep 30, 2022 | 11.37% |
API Access
Ryanair Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=RYAAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();