Ryanair Holdings plc Cash Flow Quality Index
Ryanair Holdings plc cash flow quality index. Ryanair Holdings plc (RYA) has a Cash Flow Quality Index of 0.19x as of September 2025. Operating cash flow of €320.90 Million is below net income of €1.72 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Ryanair Holdings plc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Ryanair Holdings plc (1996–2025)
Cash flow quality index of Ryanair Holdings plc from 1996 to 2025. Historical Cash Flow Quality Index for Ryanair Holdings plc across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Ryanair Holdings plc to measure how much of total assets are equity-financed.
Ryanair Holdings plc Cash Flow Quality Index by Year (1996–2025)
Ryanair Holdings plc cash flow quality index by year from 1996 to 2025. Year-by-year earnings quality comparison for Ryanair Holdings plc. For the full cash flow conversion analysis, see cash efficiency ratio of Ryanair Holdings plc.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.12x | €3.42 Billion | €1.61 Billion | ▲ +28.7% |
| 2024 | 1.65x | €3.16 Billion | €1.92 Billion | ▼ -44.4% |
| 2023 | 2.96x | €3.89 Billion | €1.31 Billion | ▼ -8.8% |
| 2020 | 3.25x | €2.11 Billion | €648.70 Million | ▲ +39.2% |
| 2019 | 2.33x | €2.06 Billion | €885.00 Million | ▲ +51.5% |
| 2018 | 1.54x | €2.23 Billion | €1.45 Billion | ▲ +5.1% |
| 2017 | 1.46x | €1.93 Billion | €1.32 Billion | ▲ +23.7% |
| 2016 | 1.18x | €1.85 Billion | €1.56 Billion | ▼ -39.2% |
| 2015 | 1.95x | €1.69 Billion | €866.70 Million | ▲ +10.4% |
| 2014 | 1.77x | €1.04 Billion | €591.40 Million | ▲ +12.3% |
| 2013 | 1.57x | €1.02 Billion | €650.90 Million | ▼ -2.4% |
| 2012 | 1.61x | €1.02 Billion | €633.00 Million | ▼ -13.7% |
| 2011 | 1.87x | €786.30 Million | €420.90 Million | ▼ -26.9% |
| 2010 | 2.56x | €871.50 Million | €341.00 Million | ▲ +33.0% |
| 2007 | 1.92x | €869.85 Million | €452.51 Million | ▲ +6.8% |
| 2006 | 1.80x | €610.57 Million | €339.26 Million | ▲ +4.6% |
| 2005 | 1.72x | €530.51 Million | €308.28 Million | ▼ -6.3% |
| 2004 | 1.84x | €462.06 Million | €251.62 Million | ▲ +25.1% |
| 2003 | 1.47x | €351.00 Million | €239.05 Million | ▼ -28.4% |
| 2002 | 2.05x | €333.75 Million | €162.63 Million | ▲ +0.9% |
| 2001 | 2.03x | €229.80 Million | €113.04 Million | ▼ -1.5% |
| 2000 | 2.06x | €149.57 Million | €72.44 Million | ▼ -4.7% |
| 1999 | 2.17x | €124.41 Million | €57.42 Million | ▲ +32.5% |
| 1998 | 1.64x | €92.05 Million | €56.28 Million | ▲ +962.6% |
| 1997 | 0.15x | €2.52 Million | €16.40 Million | ▼ -90.5% |
| 1996 | 1.63x | €39.70 Million | €24.38 Million | — |