Ryanair Holdings annual debt-to-equity ratio
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Ryanair Holdings Debt-to-Equity Ratio Growth & History (RYAAY)
Ryanair Holdings's debt-to-equity ratio was 0.15 for fiscal 2026.
View full Ryanair Holdings company overviewRyanair Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.15 | −0.25 | −63.31% |
| 2025 | 2025-03-31 | 0.40 | 0.02 | +5.25% |
| 2024 | 2024-03-31 | 0.38 | −0.38 | −50.08% |
| 2023 | 2023-03-31 | 0.77 | −0.17 | −18.56% |
| 2022 | 2022-03-31 | 0.94 | −0.27 | −22.10% |
| 2021 | 2021-03-31 | 1.21 | 0.30 | +33.13% |
| 2020 | 2020-03-31 | 0.91 | 0.18 | +24.97% |
| 2019 | 2019-03-31 | 0.73 | −0.16 | −18.17% |
| 2018 | 2018-03-31 | 0.89 | −0.10 | −10.54% |
| 2017 | 2017-03-31 | 0.99 | −0.13 | −11.37% |
| 2016 | 2016-03-31 | 1.12 | — | — |
Ryanair Holdings quarterly debt-to-equity ratio
Q4.19
Q4.21
Q4.22
Q4.24
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.02 | −0.29 | −93.89% |
| Q4 2026 | 2026-03-31 | 0.15 | −0.25 | −63.31% |
| Q3 2026 | 2025-12-31 | 0.17 | — | — |
| Q2 2026 | 2025-09-30 | 0.16 | — | — |
| Q1 2026 | 2025-06-30 | 0.31 | — | — |
| Q4 2025 | 2025-03-31 | 0.40 | 0.02 | +5.25% |
| Q4 2024 | 2024-03-31 | 0.38 | — | — |
| Q4 2022 | 2022-03-31 | 0.94 | −0.27 | −22.10% |
| Q4 2021 | 2021-03-31 | 1.21 | — | — |
| Q4 2019 | 2019-03-31 | 0.73 | — | — |
Ryanair Holdings debt-to-equity ratio trends
Over the last five fiscal years, Ryanair Holdings's debt-to-equity ratio decreased from 1.21 to 0.15, a change of −1.06. The latest reported quarter, Q1 2027, shows 0.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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