Ryanair Holdings plc (RYA) — 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 Ryanair Holdings plc (RYA) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ryanair Holdings plc Cash Flow Quality Index (1996–2025)
Historical Cash Flow Quality Index for Ryanair Holdings plc across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ryanair Holdings plc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Ryanair Holdings plc (1996–2025)
Year-by-year earnings quality comparison for Ryanair Holdings plc. For live market cap and the full company financial profile, see Ryanair Holdings plc stock valuation.
| 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 | — |