Ryanair Holdings PLC balance sheet

At the end of fiscal 2026, Ryanair Holdings PLC had total assets of $22.75bn, total liabilities of $11.11bn and shareholders' equity of $11.63bn. It held $3.15bn in cash against $1.72bn of debt: net cash of $1.43bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ryanair Holdings PLC: balance sheet, annual
Fiscal year	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash and equivalents	1.4	1.3	1.9	1.9	2.8	3.1	3.0	3.9	4.2	4.2	3.1
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total current assets	5.5	5.0	5.2	4.3	5.0	4.1	6.1	6.4	6.3	6.5	8.9
Total assets	12.8	12.8	15.2	14.9	16.2	14.5	16.8	17.8	18.5	18.9	22.7
Total current liabilities	3.8	3.2	4.2	4.6	6.1	4.1	6.0	8.1	6.9	8.8	9.9
Short-term debt	0.5	0.5	0.5	0.3	0.4	2.0	1.4	1.1	0.1	0.9	1.4
Long-term debt	4.1	4.2	4.3	3.7	3.9	4.1	4.1	3.1	2.7	1.8	0.2
Total debt	4.6	4.7	4.9	4.1	4.6	6.4	5.6	4.5	3.0	2.9	1.7
Total liabilities	8.7	8.1	9.7	9.0	10.8	9.0	—	11.7	10.3	11.3	11.1
Shareholders' equity	4.1	4.7	5.5	5.9	5.4	5.5	6.2	6.1	8.2	7.6	11.6
Net debt (negative = net cash)	3.1	3.4	3.0	2.2	1.8	3.3	2.7	0.6	−1.2	−1.3	−1.4

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Ryanair Holdings PLC's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ryanair Holdings PLC.