RYAN
Ryan Specialty Group Holdings Inc
NYSE: RYAN · FINANCIAL SERVICES · INSURANCE - SPECIALTY
$35.26
+1.50% today
Updated 2026-04-29
Market cap
$9.32B
P/E ratio
75.02
P/S ratio
3.11x
EPS (TTM)
$0.47
Dividend yield
1.38%
52W range
$32 – $72
Volume
2.1M
Ryan Specialty Group Holdings Inc (RYAN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $765.11M | $1.02B | $1.43B | $1.73B | $2.08B | $2.52B | $3.05B |
| Revenue growth (YoY) | — | +33.1% | +40.7% | +20.4% | +20.4% | +21.1% | +21.3% |
| Cost of revenue | $487.11M | $658.21M | $943.28M | $1.11B | $1.30B | $1.51B | $287.51M |
| Gross profit | $765.11M | $1.02B | $1.43B | $1.73B | $2.08B | $2.52B | $2.76B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 90.6% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $612.57M | $793.54M | $1.13B | $1.33B | $1.60B | $1.94B | $453.45M |
| Operating income | $67.98M | $79.47M | $61.56M | $179.19M | $237.93M | $272.55M | $625.23M |
| Operating margin | 8.9% | 7.8% | 4.3% | 10.4% | 11.5% | 10.8% | 20.5% |
| EBITDA | $156.63M | $194.21M | $253.60M | $393.31M | $473.27M | $598.63M | $803.08M |
| EBITDA margin | 20.5% | 19.1% | 17.7% | 22.8% | 22.8% | 23.8% | 26.3% |
| EBIT | $103.53M | $126.71M | $140.92M | $284.02M | $357.43M | $431.00M | $515.57M |
| Interest expense | $35.55M | $47.24M | $79.35M | $104.83M | $119.51M | $158.45M | $222.38M |
| Income tax | $4.93M | $8.95M | $4.93M | $15.94M | $43.45M | $42.64M | $79.03M |
| Effective tax rate | 7.1% | 11.6% | 7.0% | 20.7% | 41.6% | 31.1% | 55.5% |
| Net income | $64.17M | $68.10M | $65.87M | $61.05M | $61.04M | $94.67M | $63.40M |
| Net income growth (YoY) | — | +6.1% | -3.3% | -7.3% | -0.0% | +55.1% | -33.0% |
| Profit margin | 8.4% | 6.7% | 4.6% | 3.5% | 2.9% | 3.8% | 2.1% |