Ryanair Holdings plc (RYA) — Financial Flexibility Index

Latest as of September 2025: 0.11x

Ryanair Holdings plc (RYA) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of €811.40 Million (operating CF €320.90 Million minus capex €490.50 Million) represents 0% of total liabilities (€7.42 Billion). Also explore RYA net assets growth trend to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

€811.40 Million
Operating CF − Capex

Total Liabilities

€7.42 Billion
EUR

Capital Expenditures

€490.50 Million
EUR

Ryanair Holdings plc Financial Flexibility Index (1996–2025)

Historical Financial Flexibility Index trend for Ryanair Holdings plc across 30 annual periods. Check RYA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Ryanair Holdings plc (1996–2025)

Year-by-year free cash flow to debt coverage for Ryanair Holdings plc. For the full company profile including market capitalisation, see Ryanair Holdings plc stock valuation.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.47x €4.97 Billion €3.42 Billion €10.47 Billion ▼ -18.2%
2024 0.58x €5.55 Billion €3.16 Billion €9.56 Billion ▲ +7.6%
2023 0.54x €5.81 Billion €3.89 Billion €10.76 Billion ▲ +65.9%
2022 0.33x €3.12 Billion €1.94 Billion €9.60 Billion ▲ +216.0%
2021 -0.28x €-2.15 Billion €-2.45 Billion €7.68 Billion ▼ -183.0%
2020 0.34x €3.30 Billion €2.11 Billion €9.78 Billion ▼ -26.8%
2019 0.46x €3.71 Billion €2.06 Billion €8.04 Billion ▼ -1.7%
2018 0.47x €3.70 Billion €2.23 Billion €7.89 Billion ▲ +5.1%
2017 0.45x €3.38 Billion €1.93 Billion €7.57 Billion ▲ +11.0%
2016 0.40x €3.06 Billion €1.85 Billion €7.62 Billion ▲ +32.2%
2015 0.30x €2.48 Billion €1.69 Billion €8.15 Billion ▲ +8.4%
2014 0.28x €1.55 Billion €1.04 Billion €5.53 Billion ▲ +19.2%
2013 0.24x €1.33 Billion €1.02 Billion €5.67 Billion ▲ +2.2%
2012 0.23x €1.31 Billion €1.02 Billion €5.69 Billion ▼ -22.8%
2011 0.30x €1.68 Billion €786.30 Million €5.64 Billion ▼ -24.7%
2010 0.40x €1.87 Billion €871.50 Million €4.71 Billion ▲ +40.9%
2009 0.28x €1.12 Billion €413.13 Million €3.96 Billion ▼ -34.4%
2008 0.43x €1.64 Billion €703.90 Million €3.83 Billion ▼ -0.9%
2007 0.43x €1.36 Billion €869.85 Million €3.15 Billion ▼ -1.1%
2006 0.44x €1.16 Billion €610.57 Million €2.64 Billion ▼ -20.7%
2005 0.55x €1.15 Billion €530.51 Million €2.08 Billion ▲ +3.2%
2004 0.53x €793.66 Million €462.06 Million €1.48 Billion ▼ -20.2%
2003 0.67x €820.88 Million €351.00 Million €1.22 Billion ▼ -18.7%
2002 0.82x €730.97 Million €333.75 Million €887.30 Million ▼ -14.7%
2001 0.97x €586.47 Million €229.80 Million €607.35 Million ▼ -14.0%
2000 1.12x €304.67 Million €149.57 Million €271.34 Million ▼ -28.2%
1999 1.56x €232.86 Million €124.41 Million €148.88 Million ▼ -21.1%
1998 1.98x €170.59 Million €92.05 Million €86.02 Million ▲ +937.4%
1997 0.19x €20.58 Million €2.52 Million €107.63 Million ▼ -72.8%
1996 0.70x €51.61 Million €39.70 Million €73.31 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities