Ryanair Holdings annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Ryanair Holdings Net Debt Growth & History (RYAAY)
Ryanair Holdings's net debt was −€1.24B for fiscal 2026.
View full Ryanair Holdings company overviewRyanair Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | −€1.24B | −€210.4M | — |
| 2025 | 2025-03-31 | −€1.03B | −€67.5M | — |
| 2024 | 2024-03-31 | −€964.0M | −€1.69B | — |
| 2023 | 2023-03-31 | €723.2M | −€1.82B | −71.60% |
| 2022 | 2022-03-31 | €2.55B | −€412.7M | −13.95% |
| 2021 | 2021-03-31 | €2.96B | €1.07B | +56.54% |
| 2020 | 2020-03-31 | €1.89B | −€218.3M | −10.35% |
| 2019 | 2019-03-31 | €2.11B | −€339.2M | −13.86% |
| 2018 | 2018-03-31 | €2.45B | −€712.5M | −22.54% |
| 2017 | 2017-03-31 | €3.16B | €396.7M | +14.35% |
| 2016 | 2016-03-31 | €2.76B | — | — |
Ryanair Holdings quarterly net debt
Q4.19
Q4.21
Q4.22
Q4.24
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | −€2.30B | −€1.01B | — |
| Q4 2026 | 2026-03-31 | −€1.24B | −€210.4M | — |
| Q3 2026 | 2025-12-31 | −€934.1M | — | — |
| Q2 2026 | 2025-09-30 | −€1.50B | — | — |
| Q1 2026 | 2025-06-30 | −€1.29B | — | — |
| Q4 2025 | 2025-03-31 | −€1.03B | −€67.5M | — |
| Q4 2024 | 2024-03-31 | −€964.0M | — | — |
| Q4 2022 | 2022-03-31 | €2.55B | −€412.7M | −13.95% |
| Q4 2021 | 2021-03-31 | €2.96B | — | — |
| Q4 2019 | 2019-03-31 | €2.11B | — | — |
Ryanair Holdings net debt trends
Over the last five fiscal years, Ryanair Holdings's net debt decreased from €2.96B to −€1.24B, a change of −€4.20B. The latest reported quarter, Q1 2027, shows −€2.30B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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