RYAN SPECIALTY HOLDINGS, INC.
Company Stats
- Market Cap
- $9.5B
- as of Sep 30, 2026
- Enterprise Value
- $12.7B
- Shares Outstanding
- 255.8M
- Free Float
- 43.1%
Income Statement
- Revenue
- $3.0B
- Operating Income
- $493.6M
- Net Income
- $63.4M
- EBITDA
- $506.7M
- Revenue Growth, 3Y
- 20.5%
- FCF Margin, 3Y Avg
- 22.0%
- FCF Margin, Worst Year
- 21.0%
Cash Flow
- Free Cash Flow
- $640.7M
- FCF Yield
- 6.8%
- Owner FCF Yield
- 6.0%
Balance Sheet
- Cash & Equivalents
- $158.3M
- Total Debt
- $3.4B
- Net Debt
- $3.2B
- Net Debt / EBITDA
- 6.30x
- EV / EBITDA
- 24.98x
- Net Debt / EBIT
- 6.47x
Returns & Capital
- Dividends Paid
- $61.0M
- Dividend Yield
- 0.6%
- Dividend Payout, 3Y Avg
- 60.3%
- SBC, 3Y Avg
- $72.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $3.0B | $640.7M | 21.4% |
| FY2024 | $2.5B | $514.9M | 21.0% |
| FY2023 | $2.0B | $477.2M | 23.5% |
| FY2022 | $1.7B | $327.8M | 19.1% |
| FY2021 | $1.4B | -$69.7M | -4.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Earnings
Other Coverage
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
August 14, 2026
Industry Earnings Roundup
Financial Services Earnings: Demand Strong, Costs Bite Back
August 10, 2026
Filing Trends
Casualty Costs Rise as Catastrophe Pressure Eases for Insurers
June 5, 2026
Insider Signal
Concentrated Conviction in Specialty Finance and Biotech
Stronger demand supports expansion as pricing diverges
August 14, 2026
Industry Earnings Roundup
Financial Services Earnings: Demand Strong, Costs Bite Back
August 10, 2026
Filing Trends
Casualty Costs Rise as Catastrophe Pressure Eases for Insurers
June 5, 2026
Insider Signal
Concentrated Conviction in Specialty Finance and Biotech