Ryanair Holdings plc Financial Flexibility Index
Ryanair Holdings plc financial flexibility index. 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). Explore Ryanair Holdings plc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Ryanair Holdings plc (1996–2025)
Financial flexibility index of Ryanair Holdings plc from 1996 to 2025. Historical Financial Flexibility Index trend for Ryanair Holdings plc across 30 annual periods. Check Ryanair Holdings plc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Ryanair Holdings plc Financial Flexibility Index by Year (1996–2025)
Ryanair Holdings plc financial flexibility index by year from 1996 to 2025. Year-by-year free cash flow to debt coverage for Ryanair Holdings plc. For the full cash flow conversion analysis, see Ryanair Holdings plc cash conversion from operations.
| 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 | — |