Ryanair Holdings plc Cash Flow Conversion Efficiency
Ryanair Holdings plc 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. Also see market value of Ryanair Holdings plc for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Ryanair Holdings plc (1996–2025)
Cash flow conversion efficiency of Ryanair Holdings plc from 1996 to 2025. This chart illustrates how Ryanair Holdings plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Ryanair Holdings plc (RYA) share price today for real-time trading data and today's change.
Ryanair Holdings plc Cash Flow Conversion Ratio Explained
Ryanair Holdings plc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review RYA free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aristocrat Leisure Ltd
AU:ALL
|
0.177x |
|
SHINHAN FINL ADR/1 SW5000
F:KSF1
|
-0.082x |
|
Willis Towers Watson PLC
NASDAQ:WTW
|
0.096x |
|
PG&E Corp
NYSE:PCG
|
0.073x |
|
Ulta Beauty Inc
NASDAQ:ULTA
|
0.002x |
|
Banco do Brasil S.A.
SA:BBAS3
|
0.201x |
|
Credo Technology Group Holding Ltd
NASDAQ:CRDO
|
0.033x |
|
Arch Capital Group Ltd
F:RSK
|
0.049x |
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. Also see Ryanair Holdings plc asset portfolio for a full breakdown of the balance sheet.
| 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