Ryanair Holdings (RYAAY) Tax Rate (2023 - 2025)
Ryanair Holdings (RYAAY) posted Tax Rate of -9.31% for the quarter ended Jun 30, 2026, up 2.55 percentage points from -11.86% a year earlier and up 10.42 percentage points from the prior quarter.
Ryanair Holdings (RYAAY) Tax Rate (2023 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Ryanair Holdings was -9.32%, up 1.28 percentage points year-over-year; for the year ended Mar 31, 2026, it was -10.30%, down 0.62 percentage points from the prior year.
- Annual Tax Rate shows a five-year change of -1.86 percentage points (years ended Mar 2021 to Mar 2026).
- In prior years, Ryanair Holdings' Tax Rate was -9.68% in the year ended Mar 31, 2025 (+0.23 pp), -9.91% in the year ended Mar 31, 2024 (-0.99 pp), -8.92% in the year ended Mar 31, 2023 (+35.05 pp) and -43.97% in the year ended Mar 31, 2022 (-35.53 pp).
- Quarterly Tax Rate has run from a low of -22.99% in the quarter ended Mar 31, 2025 to a high of 448.15% in the quarter ended Dec 31, 2023 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last four quarters, with an average year-over-year change of -53.22 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Dec 31, 2023, with a gain of 453.53 percentage points; the weakest was the quarter ended Dec 31, 2024, with a drop of 444.74 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -19.73% (quarter ended Mar 31, 2026), 24.59% (quarter ended Dec 31, 2025) and -12.36% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 22.00% |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 24.09% |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 24.65% |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 23.46% |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 20.63% |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 24.21% |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 20.16% |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 21.54% |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 24.59% |
| Dec 31, 2024 | 3.41% |
| Dec 31, 2023 | 448.15% |
Ryanair Holdings Tax Rate 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=tax-rate&ticker=RYAAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=RYAAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();