Ryanair Holdings plc (RYA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ryanair Holdings plc (RYA) has a cash flow conversion efficiency ratio of 0.036x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€320.90 Million ≈ $375.17 Million USD) by net assets (€8.97 Billion ≈ $10.49 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Ryanair Holdings plc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Ryanair Holdings plc - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how Ryanair Holdings plc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Ryanair Holdings plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ryanair Holdings plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Svenska Handelsbanken AB (publ)
ST:SHB-A
|
0.672x |
|
HOCHTIEF Aktiengesellschaft
F:HOT
|
0.252x |
|
DexCom Inc
NASDAQ:DXCM
|
0.107x |
|
Resona Holdings Inc
NYSE:RSHGY
|
N/A |
|
Fortis Inc
TO:FTS
|
0.042x |
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
0.122x |
|
SEVEN+I HLDGS UNSP.ADR1/2
F:S6MA
|
0.073x |
|
RYANAIR HLDGS ADR NEW/5
F:RY4D
|
-0.008x |
Annual Cash Flow Conversion Efficiency for Ryanair Holdings plc (1996–2025)
The table below shows the annual cash flow conversion efficiency of Ryanair Holdings plc from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see Ryanair Holdings plc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | €7.04 Billion ≈ $8.23 Billion |
€3.42 Billion ≈ $3.99 Billion |
0.485x | +17.04% |
| 2024-03-31 | €7.61 Billion ≈ $8.90 Billion |
€3.16 Billion ≈ $3.69 Billion |
0.415x | -39.85% |
| 2023-03-31 | €5.64 Billion ≈ $6.60 Billion |
€3.89 Billion ≈ $4.55 Billion |
0.690x | +97.04% |
| 2022-03-31 | €5.55 Billion ≈ $6.48 Billion |
€1.94 Billion ≈ $2.27 Billion |
0.350x | +166.42% |
| 2021-03-31 | €4.65 Billion ≈ $5.43 Billion |
€-2.45 Billion ≈ $-2.86 Billion |
-0.527x | -224.27% |
| 2020-03-31 | €4.97 Billion ≈ $5.81 Billion |
€2.11 Billion ≈ $2.46 Billion |
0.424x | +7.09% |
| 2019-03-31 | €5.21 Billion ≈ $6.10 Billion |
€2.06 Billion ≈ $2.41 Billion |
0.396x | -20.78% |
| 2018-03-31 | €4.47 Billion ≈ $5.22 Billion |
€2.23 Billion ≈ $2.61 Billion |
0.500x | +14.69% |
| 2017-03-31 | €4.42 Billion ≈ $5.17 Billion |
€1.93 Billion ≈ $2.25 Billion |
0.436x | -15.12% |
| 2016-03-31 | €3.60 Billion ≈ $4.21 Billion |
€1.85 Billion ≈ $2.16 Billion |
0.513x | +22.60% |
| 2015-03-31 | €4.04 Billion ≈ $4.72 Billion |
€1.69 Billion ≈ $1.98 Billion |
0.419x | +31.70% |
| 2014-03-31 | €3.29 Billion ≈ $3.84 Billion |
€1.04 Billion ≈ $1.22 Billion |
0.318x | +1.65% |
| 2013-03-31 | €3.27 Billion ≈ $3.83 Billion |
€1.02 Billion ≈ $1.20 Billion |
0.313x | +1.40% |
| 2012-03-31 | €3.31 Billion ≈ $3.87 Billion |
€1.02 Billion ≈ $1.19 Billion |
0.308x | +15.87% |
| 2011-03-31 | €2.95 Billion ≈ $3.45 Billion |
€786.30 Million ≈ $919.27 Million |
0.266x | -12.99% |
| 2010-03-31 | €2.85 Billion ≈ $3.33 Billion |
€871.50 Million ≈ $1.02 Billion |
0.306x | +79.58% |
| 2009-03-31 | €2.43 Billion ≈ $2.84 Billion |
€413.13 Million ≈ $483.00 Million |
0.170x | -39.44% |
| 2008-03-31 | €2.50 Billion ≈ $2.93 Billion |
€703.90 Million ≈ $822.93 Million |
0.281x | -17.86% |
| 2007-03-31 | €2.54 Billion ≈ $2.97 Billion |
€869.85 Million ≈ $1.02 Billion |
0.342x | +11.74% |
| 2006-03-31 | €1.99 Billion ≈ $2.33 Billion |
€610.57 Million ≈ $713.82 Million |
0.307x | -0.20% |
| 2005-03-31 | €1.73 Billion ≈ $2.02 Billion |
€530.51 Million ≈ $620.23 Million |
0.307x | -3.27% |
| 2004-03-31 | €1.46 Billion ≈ $1.70 Billion |
€462.06 Million ≈ $540.20 Million |
0.318x | +12.32% |
| 2003-03-31 | €1.24 Billion ≈ $1.45 Billion |
€351.00 Million ≈ $410.36 Million |
0.283x | -15.11% |
| 2002-03-31 | €1.00 Billion ≈ $1.17 Billion |
€333.75 Million ≈ $390.19 Million |
0.333x | -2.93% |
| 2001-03-31 | €669.90 Million ≈ $783.18 Million |
€229.80 Million ≈ $268.66 Million |
0.343x | +1.22% |
| 2000-03-31 | €441.36 Million ≈ $515.99 Million |
€149.57 Million ≈ $174.87 Million |
0.339x | -31.64% |
| 1999-03-31 | €250.96 Million ≈ $293.40 Million |
€124.41 Million ≈ $145.45 Million |
0.496x | -28.12% |
| 1998-03-31 | €133.47 Million ≈ $156.04 Million |
€92.05 Million ≈ $107.61 Million |
0.690x | +7.10% |
| 1997-03-31 | €3.92 Million ≈ $4.58 Million |
€2.52 Million ≈ $2.95 Million |
0.644x | -34.68% |
| 1996-03-31 | €40.27 Million ≈ $47.09 Million |
€39.70 Million ≈ $46.42 Million |
0.986x | -- |
About Ryanair Holdings plc
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, Italy, Spain, the United Kingdom, and internationally. The company offers various ancillary services; engages in other activities connected with its air passenger service, including non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-fr… Read more