Ryanair Holdings plc (RYA) — Cash Flow Reinvestment Rate

Latest as of September 2025: 2.27x

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. Explore Ryanair Holdings plc (RYA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

2.27x
(Capex + Investments) / Operating CF

Total Reinvested

€729.40 Million
Capex + Investments

Operating Cash Flow

€320.90 Million
EUR

Capital Expenditures

€490.50 Million
EUR

Ryanair Holdings plc Cash Flow Reinvestment Rate (1996–2025)

Historical reinvestment intensity for Ryanair Holdings plc across 29 annual periods. Also explore how large is Ryanair Holdings plc's balance sheet for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Ryanair Holdings plc (1996–2025)

Year-by-year capital reinvestment analysis for Ryanair Holdings plc. For live market cap and broader valuation context, see RYA company net worth.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow