Ryanair Holdings plc (RYA) — Free Cash Flow Generation Index
Ryanair Holdings plc (RYA) has a Free Cash Flow Generation Index of -0.53x as of September 2025. Free cash flow of €-169.60 Million represents -1% of operating cash flow (€320.90 Million). Read RYA total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ryanair Holdings plc Free Cash Flow Generation Index (1996–2025)
Historical FCF Generation Index trend for Ryanair Holdings plc across 29 annual periods. Explore RYA capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Ryanair Holdings plc (1996–2025)
Year-by-year Free Cash Flow Generation Index for Ryanair Holdings plc. For the full company profile including market capitalisation, see Ryanair Holdings plc stock valuation.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.55x | €1.86 Billion | €3.42 Billion | €1.55 Billion | ▲ +124.9% |
| 2024 | 0.24x | €766.00 Million | €3.16 Billion | €2.39 Billion | ▼ -52.2% |
| 2023 | 0.51x | €1.98 Billion | €3.89 Billion | €1.91 Billion | ▲ +29.9% |
| 2022 | 0.39x | €758.90 Million | €1.94 Billion | €1.18 Billion | ▼ -9.5% |
| 2020 | 0.43x | €910.50 Million | €2.11 Billion | €1.20 Billion | ▲ +110.9% |
| 2019 | 0.20x | €423.20 Million | €2.06 Billion | €1.64 Billion | ▼ -40.0% |
| 2018 | 0.34x | €762.60 Million | €2.23 Billion | €1.47 Billion | ▲ +37.9% |
| 2017 | 0.25x | €477.40 Million | €1.93 Billion | €1.45 Billion | ▼ -27.2% |
| 2016 | 0.34x | €628.60 Million | €1.85 Billion | €1.22 Billion | ▼ -36.2% |
| 2015 | 0.53x | €900.90 Million | €1.69 Billion | €788.50 Million | ▲ +3.4% |
| 2014 | 0.52x | €538.80 Million | €1.04 Billion | €505.80 Million | ▼ -25.9% |
| 2013 | 0.70x | €712.80 Million | €1.02 Billion | €310.70 Million | ▼ -2.6% |
| 2012 | 0.72x | €729.90 Million | €1.02 Billion | €290.40 Million | ▲ +607.2% |
| 2011 | -0.14x | €-110.90 Million | €786.30 Million | €897.20 Million | ▲ +2.7% |
| 2010 | -0.14x | €-126.30 Million | €871.50 Million | €997.80 Million | ▲ +79.3% |
| 2009 | -0.70x | €-288.88 Million | €413.13 Million | €702.02 Million | ▼ -111.1% |
| 2008 | -0.33x | €-233.21 Million | €703.90 Million | €937.12 Million | ▼ -176.9% |
| 2007 | 0.43x | €374.88 Million | €869.85 Million | €494.97 Million | ▲ +308.9% |
| 2006 | 0.11x | €64.34 Million | €610.57 Million | €546.23 Million | ▲ +163.1% |
| 2005 | -0.17x | €-88.62 Million | €530.51 Million | €619.13 Million | ▼ -159.2% |
| 2004 | 0.28x | €130.46 Million | €462.06 Million | €331.60 Million | ▲ +183.4% |
| 2003 | -0.34x | €-118.88 Million | €351.00 Million | €469.88 Million | ▼ -78.1% |
| 2002 | -0.19x | €-63.48 Million | €333.75 Million | €397.23 Million | ▲ +65.5% |
| 2001 | -0.55x | €-126.87 Million | €229.80 Million | €356.67 Million | ▼ -1394.9% |
| 2000 | -0.04x | €-5.52 Million | €149.57 Million | €155.10 Million | ▼ -128.8% |
| 1999 | 0.13x | €15.96 Million | €124.41 Million | €108.45 Million | ▼ -12.5% |
| 1998 | 0.15x | €13.50 Million | €92.05 Million | €78.55 Million | ▲ +102.4% |
| 1997 | -6.15x | €-15.53 Million | €2.52 Million | €18.05 Million | ▼ -978.9% |
| 1996 | 0.70x | €27.79 Million | €39.70 Million | €11.91 Million | — |