71/100B59.300
USD
0.77
(1.32%)
Market Closed
Last updated: · Delayed 15 min
Fair valueNot reliable
Q3 FY2027 · Earnings report
EPS estimate 0.04Revenue estimate 3.70B
Q3 FY2027 · Earnings report
EPS estimate 0.04Revenue estimate 3.70B
Ryanair Holdings free cash flow 1996–2027
Ryanair Holdings's free cash flow in Q2 FY2027, the three months to 30 September 2026, was -368.85M EUR, against -169.60M EUR on the same quarter a year before. Ryanair Holdings's free cash flow over the last twelve months was 1.50B EUR, down 33.1% on the twelve months before. In fiscal year 2026 it was 1.80B EUR, down 3.3% on the year before.
Last updated 6 Nov 2026 · Next report 25 Jan 2027
Free cash flow
Free cash flow · +11.1% a year over 10 yearsFree cash flow margin
Growth
| Fiscal year | Period ending | Free cash flow | Growth | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 1.50B | -33.10% | 9.47% | 3.12B | -1.62B | 2.84 |
| FY2026 | 31 Mar 2026 | 1.80B | -3.26% | 11.60% | 3.69B | -1.89B | 3.39 |
| FY2025 | 31 Mar 2025 | 1.86B | +143.24% | 13.36% | 3.42B | -1.55B | 3.36 |
| FY2024 | 31 Mar 2024 | 766.00M | -61.24% | 5.70% | 3.16B | -2.39B | 1.34 |
| FY2023 | 31 Mar 2023 | 1.98B | — | 18.34% | 3.89B | -1.91B | 3.47 |
| FY2022 | 31 Mar 2022 | -2.74B | -401.23% | -57.13% | -2.45B | -294.70M | -4.85 |
| FY2021 | 31 Mar 2021 | 910.50M | +115.15% | 55.66% | 2.11B | -1.20B | 1.64 |
| FY2020 | 31 Mar 2020 | 423.20M | -10.11% | 4.98% | 2.06B | -1.64B | 0.76 |
| FY2019 | 31 Mar 2019 | 470.80M | -38.26% | 6.12% | 1.76B | -1.29B | 0.82 |
| FY2018 | 31 Mar 2018 | 762.60M | +59.74% | 10.66% | 2.23B | -1.47B | 1.27 |
| FY2017 | 31 Mar 2017 | 477.40M | -24.05% | 7.18% | 1.93B | -1.45B | 0.76 |
| FY2016 | 31 Mar 2016 | 628.60M | -30.23% | 9.62% | 1.85B | -1.22B | 0.93 |
| FY2015 | 31 Mar 2015 | 900.90M | +67.20% | 15.93% | 1.69B | -788.50M | 1.33 |
| FY2014 | 31 Mar 2014 | 538.80M | -24.41% | 10.70% | 1.04B | -505.80M | 0.76 |
| FY2013 | 31 Mar 2013 | 712.80M | -2.34% | 14.59% | 1.02B | -310.70M | 1.01 |
| FY2012 | 31 Mar 2012 | 729.90M | — | 16.63% | 1.02B | -290.40M | 1.01 |
| FY2011 | 31 Mar 2011 | -110.90M | — | -3.06% | 786.30M | -897.20M | -0.15 |
| FY2010 | 31 Mar 2010 | -126.30M | — | -4.23% | 871.50M | -997.80M | -0.17 |
| FY2009 | 31 Mar 2009 | -288.88M | — | -9.82% | 413.13M | -702.02M | -0.40 |
| FY2008 | 31 Mar 2008 | -233.21M | -162.21% | -8.59% | 703.90M | -937.12M | -0.31 |
| FY2007 | 31 Mar 2007 | 374.88M | +482.61% | 16.76% | 869.85M | -494.97M | 0.49 |
| FY2006 | 31 Mar 2006 | 64.35M | — | 3.80% | 610.57M | -546.23M | 0.09 |
| FY2005 | 31 Mar 2005 | -88.62M | -167.93% | -6.63% | 530.52M | -619.14M | -0.12 |
| FY2004 | 31 Mar 2004 | 130.46M | — | 12.14% | 462.06M | -331.60M | 0.17 |
| FY2003 | 31 Mar 2003 | -118.88M | — | -14.11% | 351.00M | -469.88M | -0.16 |
| FY2002 | 31 Mar 2002 | -63.48M | — | -10.17% | 333.75M | -397.23M | -0.09 |
| FY2001 | 31 Mar 2001 | -126.87M | — | -26.03% | 229.80M | -356.67M | -0.18 |
| FY2000 | 31 Mar 2000 | -5.52M | -134.61% | -1.49% | 149.58M | -155.10M | -0.01 |
| FY1999 | 31 Mar 1999 | 15.96M | +18.25% | 5.40% | 124.41M | -108.45M | 0.02 |
| FY1998 | 31 Mar 1998 | 13.50M | — | 5.82% | 92.05M | -78.55M | 0.02 |
| FY1997 | 31 Mar 1997 | -15.53M | -155.87% | -15.04% | 2.52M | -18.05M | -0.03 |
| FY1996 | 31 Mar 1996 | 27.79M | — | 19.89% | 39.70M | -11.91M | 0.04 |
| Quarter | Period ending | Free cash flow | Growth on a year before | Free cash flow margin | Operating cash flow | Capital expenditure | Free cash flow per share |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 30 Sept 2026 | -368.85M | — | -6.47% | -2.75M | -366.10M | -0.71 |
| Q1 FY2027 | 30 Jun 2026 | 728.70M | -12.77% | 16.62% | 1.20B | -474.70M | 1.39 |
| Q4 FY2026 | 31 Mar 2026 | 1.53B | -17.59% | 61.03% | 1.99B | -455.20M | 2.89 |
| Q3 FY2026 | 31 Dec 2025 | -396.70M | — | -12.34% | -72.80M | -323.90M | -0.75 |
| Q2 FY2026 | 30 Sept 2025 | -169.60M | — | -3.09% | 320.90M | -490.50M | -0.32 |
| Q1 FY2026 | 30 Jun 2025 | 835.40M | +33.62% | 19.26% | 1.46B | -622.80M | 1.56 |
| Q4 FY2025 | 31 Mar 2025 | 1.86B | +31.61% | 81.00% | 2.32B | -459.70M | 3.36 |
| Q3 FY2025 | 31 Dec 2024 | -289.70M | — | -9.79% | -86.60M | -203.10M | -0.53 |
| Q2 FY2025 | 30 Sept 2024 | -333.10M | — | -6.58% | 55.10M | -388.20M | -0.60 |
| Q1 FY2025 | 30 Jun 2024 | 625.20M | +232.38% | 17.24% | 1.13B | -501.50M | 1.12 |
| Q4 FY2024 | 31 Mar 2024 | 1.41B | -7.46% | 65.16% | 1.87B | -458.30M | 2.48 |
| Q3 FY2024 | 31 Dec 2023 | -703.30M | — | -26.06% | -354.70M | -348.60M | -1.23 |
| Q2 FY2024 | 30 Sept 2023 | -132.70M | — | -2.69% | 388.80M | -521.50M | -0.23 |
| Q1 FY2024 | 30 Jun 2023 | 188.10M | -81.08% | 5.15% | 1.25B | -1.06B | 0.33 |
| Q4 FY2023 | 31 Mar 2023 | 1.53B | +140.33% | 82.72% | 2.17B | -644.20M | 2.68 |
| Q3 FY2023 | 31 Dec 2022 | -408.60M | — | -17.67% | -37.70M | -370.90M | -0.72 |
| Q2 FY2023 | 30 Sept 2022 | -137.30M | -163.59% | -3.42% | 346.10M | -483.40M | -0.24 |
| Q1 FY2023 | 30 Jun 2022 | 994.40M | +94.14% | 38.22% | 1.41B | -416.20M | 1.75 |
| Q4 FY2022 | 31 Mar 2022 | 635.70M | — | 54.05% | 1.03B | -398.20M | 1.12 |
| Q3 FY2022 | 31 Dec 2021 | -604.90M | — | -41.15% | -132.90M | -472.00M | -1.07 |
| Q2 FY2022 | 30 Sept 2021 | 215.90M | — | 12.10% | 445.30M | -229.40M | 0.38 |
| Q1 FY2022 | 30 Jun 2021 | 512.20M | — | 138.25% | 594.20M | -82.00M | 0.91 |
| Q4 FY2021 | 31 Mar 2021 | -439.20M | -294.25% | -370.95% | -393.40M | -45.80M | -0.78 |
| Q3 FY2021 | 31 Dec 2020 | -1.04B | — | -304.13% | -896.70M | -141.00M | -1.84 |
| Q2 FY2021 | 30 Sept 2020 | -884.30M | -901.00% | -84.14% | -810.70M | -73.60M | -1.61 |
| Q1 FY2021 | 30 Jun 2020 | -484.60M | -235.17% | -387.06% | -347.20M | -137.40M | -0.89 |
| Q4 FY2020 | 31 Mar 2020 | 226.10M | -79.41% | 18.86% | 362.30M | -136.20M | 0.41 |
| Q3 FY2020 | 31 Dec 2019 | -100.00M | — | -5.25% | 666.90M | -766.90M | -0.18 |
| Q2 FY2020 | 30 Sept 2019 | 110.40M | — | 3.59% | 329.10M | -218.70M | 0.20 |
| Q1 FY2020 | 30 Jun 2019 | 358.50M | +16.81% | 15.50% | 748.00M | -389.50M | 0.63 |
| Q4 FY2019 | 31 Mar 2019 | 1.10B | +44.23% | 85.94% | 1.46B | -357.90M | 1.94 |
| Q3 FY2019 | 31 Dec 2018 | -472.00M | — | -29.85% | -91.60M | -380.40M | -0.82 |
| Q2 FY2019 | 30 Sept 2018 | -462.40M | — | -16.76% | -115.80M | -346.60M | -0.80 |
| Q1 FY2019 | 30 Jun 2018 | 306.90M | -7.98% | 14.76% | 768.70M | -461.80M | 0.52 |
| Q4 FY2018 | 31 Mar 2018 | 761.50M | +34.45% | 57.65% | 1.21B | -444.00M | 1.28 |
| Q3 FY2018 | 31 Dec 2017 | -261.20M | — | -18.59% | 90.40M | -351.60M | -0.44 |
| Q2 FY2018 | 30 Sept 2017 | -71.20M | — | -2.83% | 211.20M | -282.40M | -0.12 |
| Q1 FY2018 | 30 Jun 2017 | 333.50M | +2.52% | 17.46% | 726.10M | -392.60M | 0.54 |
| Q4 FY2017 | 31 Mar 2017 | 566.40M | +55.65% | 48.36% | 1.03B | -465.30M | 0.92 |
| Q3 FY2017 | 31 Dec 2016 | -327.00M | — | -24.31% | 54.10M | -381.10M | -0.52 |
| Q2 FY2017 | 30 Sept 2016 | -87.30M | -174.94% | -3.57% | 134.70M | -222.00M | -0.14 |
| Q1 FY2017 | 30 Jun 2016 | 325.30M | -11.72% | 19.28% | 706.70M | -381.40M | 0.51 |
| Q4 FY2016 | 31 Mar 2016 | 363.90M | -37.91% | 31.20% | 855.70M | -491.80M | 0.55 |
| Q3 FY2016 | 31 Dec 2015 | -220.30M | — | -16.57% | 23.40M | -243.70M | -0.33 |
| Q2 FY2016 | 30 Sept 2015 | 116.50M | — | 4.88% | 275.00M | -158.50M | 0.17 |
| Q1 FY2016 | 30 Jun 2015 | 368.50M | -23.67% | 22.30% | 692.20M | -323.70M | 0.54 |
| Q4 FY2015 | 31 Mar 2015 | 586.10M | +0.51% | 59.54% | 866.90M | -280.80M | 0.87 |
| Q3 FY2015 | 31 Dec 2014 | -167.20M | — | -14.77% | 47.90M | -215.10M | -0.24 |
| Q2 FY2015 | 30 Sept 2014 | -800.00K | — | -0.04% | 158.60M | -159.40M | -0.00 |
| Q1 FY2015 | 30 Jun 2014 | 482.80M | +62.07% | 32.28% | 616.00M | -133.20M | 0.71 |
| Q4 FY2014 | 31 Mar 2014 | 583.10M | +14.76% | 71.33% | 722.20M | -139.10M | 0.86 |
| Q3 FY2014 | 31 Dec 2013 | -314.40M | — | -32.60% | -239.40M | -75.00M | -0.46 |
| Q2 FY2014 | 30 Sept 2013 | -27.80M | -140.70% | -1.45% | 26.60M | -54.40M | -0.04 |
| Q1 FY2014 | 30 Jun 2013 | 297.90M | -17.25% | 22.19% | 535.20M | -237.30M | 0.42 |
| Q4 FY2013 | 31 Mar 2013 | 508.10M | +24.84% | 62.80% | 561.40M | -53.30M | 0.72 |
| Q3 FY2013 | 31 Dec 2012 | -223.60M | — | -23.08% | -145.30M | -78.30M | -0.32 |
| Q2 FY2013 | 30 Sept 2012 | 68.30M | -19.46% | 3.75% | 145.90M | -77.60M | 0.10 |
| Q1 FY2013 | 30 Jun 2012 | 360.00M | +4.26% | 28.04% | 461.50M | -101.50M | 0.51 |
| Q4 FY2012 | 31 Mar 2012 | 407.00M | +58.00% | 48.84% | 618.60M | -211.60M | 0.57 |
| Q3 FY2012 | 31 Dec 2011 | -134.40M | — | -15.92% | -54.90M | -79.50M | -0.19 |
| Q2 FY2012 | 30 Sept 2011 | 84.80M | — | 5.45% | 107.90M | -23.10M | 0.12 |
| Q1 FY2012 | 30 Jun 2011 | 345.30M | — | 29.89% | 348.70M | -3.40M | 0.47 |
| Q4 FY2011 | 31 Mar 2011 | 257.60M | +344.14% | 36.72% | 587.90M | -330.30M | 0.36 |
| Q3 FY2011 | 31 Dec 2010 | -254.40M | — | -34.09% | -193.50M | -60.90M | -0.35 |
| Q2 FY2011 | 30 Sept 2010 | -57.10M | -208.14% | -4.44% | 117.30M | -174.40M | -0.08 |
| Q1 FY2011 | 30 Jun 2010 | -57.00M | — | -6.36% | 274.60M | -331.60M | -0.08 |
| Q4 FY2010 | 31 Mar 2010 | 58.00M | -12.46% | 9.52% | 462.30M | -404.30M | 0.08 |
| Q3 FY2010 | 31 Dec 2009 | -180.30M | — | -29.47% | 26.40M | -206.70M | -0.25 |
| Q2 FY2010 | 30 Sept 2009 | 52.80M | — | 5.32% | 91.00M | -38.20M | 0.07 |
| Q1 FY2010 | 30 Jun 2009 | -56.80M | -167.54% | -7.33% | 291.80M | -348.60M | -0.08 |
| Q4 FY2009 | 31 Mar 2009 | 66.25M | — | 12.58% | 366.49M | -300.24M | 0.09 |
| Q3 FY2009 | 31 Dec 2008 | -272.40M | — | -45.06% | -131.10M | -141.30M | -0.38 |
| Q2 FY2009 | 30 Sept 2008 | -166.83M | — | -16.14% | -16.76M | -150.08M | -0.23 |
| Q1 FY2009 | 30 Jun 2008 | 84.10M | -44.66% | 10.83% | 194.50M | -110.40M | 0.12 |
| Q4 FY2008 | 31 Mar 2008 | -96.42M | -747.48% | -16.27% | 262.94M | -359.36M | -0.13 |
| Q3 FY2008 | 31 Dec 2007 | -280.12M | -1,756.29% | -49.25% | -33.51M | -246.61M | -0.38 |
| Q2 FY2008 | 30 Sept 2007 | -8.64M | -109.06% | -1.00% | 225.67M | -234.31M | -0.01 |
| Q1 FY2008 | 30 Jun 2007 | 151.97M | -38.65% | 21.88% | 248.80M | -96.83M | 0.20 |
| Q4 FY2007 | 31 Mar 2007 | 14.89M | -66.03% | 3.06% | 314.49M | -299.59M | 0.02 |
| Q3 FY2007 | 31 Dec 2006 | 16.91M | — | 3.43% | 123.42M | -106.51M | 0.02 |
| Q2 FY2007 | 30 Sept 2006 | 95.37M | +195.22% | 13.81% | 162.96M | -67.59M | 0.13 |
| Q1 FY2007 | 30 Jun 2006 | 247.71M | +23.91% | 43.71% | 268.98M | -21.28M | 0.33 |
| Q4 FY2006 | 31 Mar 2006 | 43.84M | — | 11.81% | 284.95M | -241.12M | 0.06 |
| Q3 FY2006 | 31 Dec 2005 | -211.71M | — | -56.92% | 15.13M | -226.83M | -0.28 |
| Q2 FY2006 | 30 Sept 2005 | 32.31M | -75.95% | 5.98% | 97.19M | -64.88M | 0.04 |
| Q1 FY2006 | 30 Jun 2005 | 199.91M | +33.65% | 49.50% | 213.30M | -13.39M | 0.27 |
| Q4 FY2005 | 31 Mar 2005 | -77.37M | — | -23.84% | 200.77M | -278.14M | -0.10 |
| Q3 FY2005 | 31 Dec 2004 | -86.45M | — | -29.46% | 45.83M | -132.28M | -0.12 |
| Q2 FY2005 | 30 Sept 2004 | 134.34M | — | 32.08% | 134.34M | 0.00 | 0.18 |
| Q1 FY2005 | 30 Jun 2004 | 149.58M | — | 49.33% | 149.58M | 0.00 | 0.21 |
| Q4 FY2004 | 31 Mar 2004 | — | — | — | 184.40M | — | — |
| Q3 FY2004 | 31 Dec 2003 | -22.08M | -143.44% | -8.69% | 31.45M | -53.52M | -0.03 |
| Q2 FY2004 | 30 Sept 2003 | -22.82M | -193.37% | -6.50% | 132.72M | -155.54M | -0.03 |
| Q1 FY2004 | 30 Jun 2003 | -14.66M | -137.38% | -5.98% | 113.49M | -128.15M | -0.02 |
| Q4 FY2003 | 31 Mar 2003 | 96.30M | -31.35% | 50.30% | 96.30M | 0.00 | 0.13 |
| Q3 FY2003 | 31 Dec 2002 | 50.81M | +78.91% | 27.31% | 50.81M | 0.00 | 0.07 |
| Q2 FY2003 | 30 Sept 2002 | 24.44M | -71.71% | 9.06% | 90.21M | -65.77M | 0.03 |
| Q1 FY2003 | 30 Jun 2002 | 39.22M | -14.77% | 20.10% | 113.68M | -74.46M | 0.05 |
| Q4 FY2002 | 31 Mar 2002 | 140.28M | +56.42% | 97.56% | 140.28M | 0.00 | 0.20 |
| Q3 FY2002 | 31 Dec 2001 | 28.40M | -9.82% | 20.93% | 28.40M | 0.00 | 0.04 |
| Q2 FY2002 | 30 Sept 2001 | 86.40M | +1,311.03% | 41.06% | 86.40M | 0.00 | 0.12 |
| Q1 FY2002 | 30 Jun 2001 | 46.01M | — | 30.41% | 78.67M | -32.65M | 0.06 |
| Q4 FY2001 | 31 Mar 2001 | 89.68M | +131.22% | 85.10% | 89.68M | 0.00 | 0.13 |
| Q3 FY2001 | 31 Dec 2000 | 31.49M | — | 27.32% | 31.49M | 0.00 | 0.05 |
| Q2 FY2001 | 30 Sept 2000 | 6.12M | +457.59% | 4.06% | 44.15M | -38.02M | 0.01 |
| Q1 FY2001 | 30 Jun 2000 | -73.89M | — | -64.53% | 64.48M | -138.37M | -0.11 |
| Q4 FY2000 | 31 Mar 2000 | 38.79M | — | 45.95% | 59.77M | -20.99M | 0.06 |
| Q3 FY2000 | 31 Dec 1999 | -19.18M | — | -21.28% | 24.85M | -44.03M | -0.03 |
| Q2 FY2000 | 30 Sept 1999 | 1.10M | — | 0.99% | 38.12M | -37.02M | 0.00 |
| Q1 FY2000 | 30 Jun 1999 | -26.23M | — | -31.28% | 26.83M | -53.06M | -0.04 |
Figures in EUR. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Stock buybacks,Cash flow
Common questions about Ryanair Holdings's free cash flow
Source: Financial Modeling Prep