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. Check RYA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore RYA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
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 market cap overview.
| 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 | — |