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Ryan Specialty Holdings, Inc. logo

Ryan Specialty Holdings, Inc.

RYAN

NYSEFinancial ServicesInsurance - Specialty

Open in GoAI

Previous close

$43.28

+$0.24 · +0.56%

Aug 21, 4:00 PM ET

RYAN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

84

Deep Value

Momentum

42

Neutral

Sentiment

64

Bullish

Risk resilience

48

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Ryan Specialty Holdings, Inc. functions as a provider of specialized insurance products and comprehensive solutions for the benefit of insurance brokers, agents, and carriers. The company delivers a range of services including distribution, underwriting, product development, administration, and risk management, primarily through its roles as a wholesale broker and a managing underwriter. This firm, established in 2010, maintains its headquarters in Chicago, Illinois.

Industry
Insurance - Specialty
Sector
Financial Services
Headquarters
US
CEO
Timothy William Turner
Listed since
Jul 22, 2021
Employees
6,171

Market position

Day range

Current $43.28

52-week range

Current $43.28

Open
$42.835
Previous close
$43.04
Volume
625.71K
0.26× average
Average volume
2.43M
Average daily volume
Market cap
5.6B USD
Beta
0.57
Market reference 1
50-day average
$40.6588
+6.45% above average
200-day average
$42.4087
+2.05% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
9.94B USD
P/E (TTM)
45.48×
P/B (TTM)
10.64×
P/S (TTM)
1.74×
EV / EBITDA
12.38×
Earnings yield
0.96%
Free cash flow yield
8.76%
Dividend yield
1.18%

Profitability & efficiency

Gross margin
81.13%
Operating margin
20.20%
Net margin
5.84%
Return on equity
9.78%
Return on assets
0.60%
Return on invested capital
4.32%

Financial health

Debt / equity
7.47×
Current ratio
7.51×
Altman Z-score
1.39
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends110%71%31%-8%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 90.58%Operating margin, FY2021: 4.30%Operating margin, FY2022: 10.39%Operating margin, FY2023: 11.45%Operating margin, FY2024: 10.83%Operating margin, FY2025: 20.49%Net margin, FY2021: 4.60%Net margin, FY2022: 3.54%Net margin, FY2023: 2.94%Net margin, FY2024: 3.76%Net margin, FY2025: 2.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 90.58%. Operating margin FY2021 4.30%. Operating margin FY2022 10.39%. Operating margin FY2023 11.45%. Operating margin FY2024 10.83%. Operating margin FY2025 20.49%. Net margin FY2021 4.60%. Net margin FY2022 3.54%. Net margin FY2023 2.94%. Net margin FY2024 3.76%. Net margin FY2025 2.08%.

Income trends

Revenue

3.05B USD+21.28%

Operating income

625.23M USD+129.40%

Net income

63.4M USD-33.03%
Income trends across reported periods3.35B USD2.15B USD958.06M USD−237.97M USDRevenue, FY2021: 1.43B USDRevenue, FY2022: 1.73B USDRevenue, FY2023: 2.08B USDRevenue, FY2024: 2.52B USDRevenue, FY2025: 3.05B USDOperating income, FY2021: 61.56M USDOperating income, FY2022: 179.19M USDOperating income, FY2023: 237.93M USDOperating income, FY2024: 272.55M USDOperating income, FY2025: 625.23M USDNet income, FY2021: 65.87M USDNet income, FY2022: 61.05M USDNet income, FY2023: 61.04M USDNet income, FY2024: 94.67M USDNet income, FY2025: 63.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.43B USD. Revenue FY2022 1.73B USD. Revenue FY2023 2.08B USD. Revenue FY2024 2.52B USD. Revenue FY2025 3.05B USD. Operating income FY2021 61.56M USD. Operating income FY2022 179.19M USD. Operating income FY2023 237.93M USD. Operating income FY2024 272.55M USD. Operating income FY2025 625.23M USD. Net income FY2021 65.87M USD. Net income FY2022 61.05M USD. Net income FY2023 61.04M USD. Net income FY2024 94.67M USD. Net income FY2025 63.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.05B USD2.52B USD2.08B USD1.73B USD1.43B USD
Cost of goods sold287.52M USD————
Gross profit2.76B USD2.52B USD2.08B USD1.73B USD1.43B USD
Selling, general, and administrative453.45M USD1.94B USD1.6B USD1.33B USD1.13B USD
Operating expenses2.14B USD2.24B USD1.84B USD1.55B USD1.37B USD
Interest income56.54M USD————
Interest expense222.38M USD158.45M USD119.51M USD104.83M USD79.35M USD
Depreciation and amortization287.52M USD167.63M USD115.84M USD109.29M USD112.68M USD
Operating income625.23M USD272.55M USD237.93M USD179.19M USD61.56M USD
Net income63.4M USD94.67M USD61.04M USD61.05M USD65.87M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 4 misses, 3 met estimates
Average EPS surprise
+2.23%
11 comparable reports
Latest EPS result
0.74
Estimate 0.6 · Beat by 23.75%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.780.640.490.35Q1 '25MissQ2 '25MissQ3 '25MetQ4 '25MetQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.45, estimate 0.451, surprise -0.22%, Miss. Q2 2025, reported May 1, 2025: actual 0.39, estimate 0.392, surprise -0.43%, Miss. Q3 2025, reported Jul 31, 2025: actual 0.66, estimate 0.66, surprise 0.00%, Met estimate. Q4 2025, reported Oct 30, 2025: actual 0.47, estimate 0.47, surprise 0.00%, Met estimate. Q1 2026, reported Feb 12, 2026: actual 0.45, estimate 0.5, surprise -10.00%, Miss. Q2 2026, reported Apr 30, 2026: actual 0.47, estimate 0.43, surprise +9.30%, Beat. Q3 2026, reported Jul 30, 2026: actual 0.74, estimate 0.598, surprise +23.75%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.49, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates953.31M842.78M732.24M621.7MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 663.53M USD, estimate 658.37M USD, surprise +0.78%, Beat. Q2 2025, reported May 1, 2025: actual 690.17M USD, estimate 679.77M USD, surprise +1.53%, Beat. Q3 2025, reported Jul 31, 2025: actual 855.17M USD, estimate 745.69M USD, surprise +14.68%, Beat. Q4 2025, reported Oct 30, 2025: actual 754.58M USD, estimate 777.43M USD, surprise -2.94%, Miss. Q1 2026, reported Feb 12, 2026: actual 751.21M USD, estimate 777.08M USD, surprise -3.33%, Miss. Q2 2026, reported Apr 30, 2026: actual 795.23M USD, estimate 781.44M USD, surprise +1.76%, Beat. Q3 2026, reported Jul 30, 2026: actual 916.65M USD, estimate 873.93M USD, surprise +4.89%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 799.06M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$48.33

11.67% upside
Past 12 months12-month forecastHigh $69.00Average $48.33Low $31.00

Rating distribution

19 ratings
Strong buy00%
Buy947%
Hold842%
Sell211%
Strong sell00%

Recent analyst actions

12 institutions

RYAN news

defenseworld.net

Ryan Specialty Holdings Inc. $RYAN Shares Sold by Dudley & Shanley Inc.

Dudley and Shanley Inc. reduced its stake in Ryan Specialty Holdings Inc. (NYSE: RYAN) by 3.1% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The…

Read source
marketbeat.com

Ryan Specialty Q2 Earnings Call Highlights

Ryan Specialty NYSE: RYAN reported second-quarter revenue growth of 7.2% to $917 million, supported by 6.7% organic growth and modest contributions from acquisitions, as the specialty insurance services company navigated…

Read source
benzinga.com

These Analysts Boost Their Forecasts On Ryan Specialty After Better-Than-Expected Q2 Earnings

Ryan Specialty Holdings Inc (NYSE:RYAN) on Thursday reported better-than-expected second-quarter financial results.

Read source
seekingalpha.com

Ryan Specialty Holdings, Inc. (RYAN) Q2 2026 Earnings Call Transcript

Ryan Specialty Holdings, Inc. (RYAN) Q2 2026 Earnings Call Transcript

Read source
zacks.com

Ryan Specialty (RYAN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Ryan Specialty (RYAN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the…

Read source
zacks.com

Ryan Specialty Group (RYAN) Surpasses Q2 Earnings and Revenue Estimates

Ryan Specialty Group (RYAN) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.66 per share a year ago.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.48

2025 complete year-28.4% since 2024

2026 partial: $0.39

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 11, 2026

$0.13

Quarterly

Record Aug 11, 2026 · Payment Aug 25, 2026

Dividend

Ex-dividend May 12, 2026

$0.13

Quarterly

Record May 12, 2026 · Payment May 26, 2026

Dividend

Ex-dividend Feb 24, 2026

$0.13

Quarterly

Record Feb 24, 2026 · Payment Mar 10, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.12

Quarterly

Record Nov 11, 2025 · Payment Nov 25, 2025

Dividend

Ex-dividend Aug 12, 2025

$0.12

Quarterly

Record Aug 12, 2025 · Payment Aug 26, 2025

Dividend

Ex-dividend May 13, 2025

$0.12

Quarterly

Record May 13, 2025 · Payment May 27, 2025

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ETFs holding RYAN

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Mid-Cap ETF logoiShares Core S&P Mid-Cap ETFIJH
Market value
164.25M
Weight
0.13%
AUM
125.92B USD
Expense ratio
0.05%
Price / 1D
$76.77+0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
164.2M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
118.3M
Weight
0.06%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
68.59M
Weight
0.15%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
58M
Weight
0.06%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR S&P MIDCAP 400 ETF Trust logoState Street SPDR S&P MIDCAP 400 ETF TrustMDY
Market value
35.91M
Weight
0.13%
AUM
26.72B USD
Expense ratio
0.23%
Price / 1D
$699.6+0.48%
State Street SPDR Portfolio S&P 400 Mid Cap ETF logoState Street SPDR Portfolio S&P 400 Mid Cap ETFSPMD
Market value
25.44M
Weight
0.14%
AUM
18.77B USD
Expense ratio
0.03%
Price / 1D
$67.27+0.52%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
23.45M
Weight
0.10%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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