Ryanair Holdings plc (RYA) — Cash Flow Reinvestment Rate
Ryanair Holdings plc (RYA) has a Cash Flow Reinvestment Rate of 2.27x as of September 2025, reinvesting €729.40 Million (capex €490.50 Million plus investments €238.90 Million) from operating cash flow of €320.90 Million. See RYA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ryanair Holdings plc Cash Flow Reinvestment Rate (1996–2025)
Historical reinvestment intensity for Ryanair Holdings plc across 29 annual periods. For the full cash flow conversion analysis, see Ryanair Holdings plc cash flow conversion.
Annual Cash Flow Reinvestment Rate for Ryanair Holdings plc (1996–2025)
Year-by-year capital reinvestment analysis for Ryanair Holdings plc. See financial flexibility index of Ryanair Holdings plc to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.87x | €2.98 Billion | €3.42 Billion | €1.55 Billion | ▼ -30.2% |
| 2024 | 1.25x | €3.95 Billion | €3.16 Billion | €2.39 Billion | ▲ +27.6% |
| 2023 | 0.98x | €3.82 Billion | €3.89 Billion | €1.91 Billion | ▲ +15.3% |
| 2022 | 0.85x | €1.65 Billion | €1.94 Billion | €1.18 Billion | ▲ +21.6% |
| 2020 | 0.70x | €1.47 Billion | €2.11 Billion | €1.20 Billion | ▼ -36.5% |
| 2019 | 1.10x | €2.27 Billion | €2.06 Billion | €1.64 Billion | ▲ +9.5% |
| 2018 | 1.01x | €2.24 Billion | €2.23 Billion | €1.47 Billion | ▲ +33.6% |
| 2017 | 0.75x | €1.45 Billion | €1.93 Billion | €1.45 Billion | ▲ +14.1% |
| 2016 | 0.66x | €1.22 Billion | €1.85 Billion | €1.22 Billion | ▲ +41.3% |
| 2015 | 0.47x | €788.50 Million | €1.69 Billion | €788.50 Million | ▼ -3.6% |
| 2014 | 0.48x | €505.80 Million | €1.04 Billion | €505.80 Million | ▲ +59.5% |
| 2013 | 0.30x | €310.70 Million | €1.02 Billion | €310.70 Million | ▲ +6.7% |
| 2012 | 0.28x | €290.40 Million | €1.02 Billion | €290.40 Million | ▼ -75.1% |
| 2011 | 1.14x | €897.20 Million | €786.30 Million | €897.20 Million | ▼ -0.3% |
| 2010 | 1.14x | €997.80 Million | €871.50 Million | €997.80 Million | ▼ -32.6% |
| 2009 | 1.70x | €702.02 Million | €413.13 Million | €702.02 Million | ▲ +27.6% |
| 2008 | 1.33x | €937.12 Million | €703.90 Million | €937.12 Million | ▲ +134.0% |
| 2007 | 0.57x | €494.97 Million | €869.85 Million | €494.97 Million | ▼ -36.4% |
| 2006 | 0.89x | €546.23 Million | €610.57 Million | €546.23 Million | ▼ -23.3% |
| 2005 | 1.17x | €619.13 Million | €530.51 Million | €619.13 Million | ▲ +62.6% |
| 2004 | 0.72x | €331.60 Million | €462.06 Million | €331.60 Million | ▼ -46.4% |
| 2003 | 1.34x | €469.88 Million | €351.00 Million | €469.88 Million | ▲ +12.5% |
| 2002 | 1.19x | €397.23 Million | €333.75 Million | €397.23 Million | ▼ -23.3% |
| 2001 | 1.55x | €356.67 Million | €229.80 Million | €356.67 Million | ▲ +49.7% |
| 2000 | 1.04x | €155.10 Million | €149.57 Million | €155.10 Million | ▲ +19.0% |
| 1999 | 0.87x | €108.45 Million | €124.41 Million | €108.45 Million | ▲ +2.1% |
| 1998 | 0.85x | €78.55 Million | €92.05 Million | €78.55 Million | ▼ -88.1% |
| 1997 | 7.15x | €18.05 Million | €2.52 Million | €18.05 Million | ▲ +2284.6% |
| 1996 | 0.30x | €11.91 Million | €39.70 Million | €11.91 Million | — |