Ryanair Holdings (RYAAY) Return on Invested Capital [ROIC] (2023 - 2026)
Ryanair Holdings' Return on Invested Capital [ROIC] was 20.58% in the quarter ended Jun 30, 2026, down 7.75 percentage points from 28.32% a year earlier and down 3.64 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For the year ended Mar 31, 2026, Return on Invested Capital [ROIC] at Ryanair Holdings came in at 27.79%, up 8.69 percentage points from the prior year.
- Return on Invested Capital [ROIC] shows a five-year change of +43.40 percentage points (years ended Mar 2021 to Mar 2026).
- In earlier years, Return on Invested Capital [ROIC] was 19.10% in the year ended Mar 31, 2025 (-8.58 pp), 27.68% in the year ended Mar 31, 2024 (+11.07 pp), 16.62% in the year ended Mar 31, 2023 (+21.12 pp) and -4.50% in the year ended Mar 31, 2022 (+11.11 pp).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Sep 30, 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last seven quarters, with an average year-over-year change of +0.90 percentage points.
- Per Business Quant data, RYAAY's Return on Invested Capital [ROIC] in the three quarters before the quarter ended Jun 30, 2026 was 24.22% (quarter ended Mar 31, 2026), 26.16% (quarter ended Dec 31, 2025) and 28.36% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 15.51% |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 11.65% |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 5.85% |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 9.62% |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 12.85% |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 7.44% |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 11.82% |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 9.15% |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | 20.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.58% |
| Mar 31, 2026 | 24.22% |
| Dec 31, 2025 | 26.16% |
| Sep 30, 2025 | 28.36% |
| Jun 30, 2025 | 28.32% |
| Mar 31, 2025 | 20.67% |
| Dec 31, 2024 | 20.58% |
| Sep 30, 2024 | 20.56% |
| Jun 30, 2024 | 21.85% |
| Mar 31, 2024 | 25.95% |
| Dec 31, 2023 | 24.65% |
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_KEY
import 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();