profit from every $100 of sales.
$0$100
Ryan Specialty Holdings
$46.89+1.60% today
-17.7% in 1 year
1-year low $29.391-year high $58.12
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $187.44 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Ryan Specialty Holdings sold, what it kept, and what it did with the cash.
Sales went from $1.73 billion in 2022 to $3.05 billion in 2025, with $63.4 million of profit last year.
SalesProfit
Ryan Specialty Holdings handed back 11% of the cash it generated last year.
$62M
Free cash flow 2025$576M
Bought back its own shares$4M
Paid as dividends$62M
Cash vs. debt$158M vs. $3.5B
Ryan Specialty Holdings vs. similar companies
Ryan Specialty Holdings grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ryan Specialty Holdings | 187.4× · Very expensive | ||
 Marsh & McLennan Companies | 23.8× · Fair price | ||
 Arthur J. Gallagher & | 48.6× · Expensive | ||
 Aon | 19.4× · Fair price | ||
 PB Fintech | 76.6× · Very expensive |
AI analysis
An AI analyst reads Ryan Specialty Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,018 | 1,433 | 1,725 | 2,078 | 2,516 | 3,051 | |
| – | – | – | – | – | – | |
| 159 | 187 | 290 | 359 | 428 | 494 | |
| 194 | 253 | 393 | 473 | 599 | 803 | |
| 68 | 66 | 61 | 61 | 95 | 63 | |
| – | – | 0.52 | 0.52 | 0.71 | 0.47 | |
| – | – | – | – | – | – | |
| 15.6% | 13.0% | 16.8% | 17.3% | 17.0% | 16.2% | |
| 6.7% | 4.6% | 3.5% | 2.9% | 3.8% | 2.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 4,529 | 5,459 | 6,384 | 7,247 | 9,650 | 10,564 |
| Cash | 896 | 1,140 | 993 | 839 | 540 | 158 |
| Total debt | 1,669 | 1,664 | 2,157 | 2,155 | 3,464 | 3,531 |
| Total liabilities | 4,219 | 4,864 | 5,566 | 6,268 | 8,552 | 9,310 |
| – | – | 478 | 560 | 628 | 648 | |
| – | – | 266 | 126 | 276 | 279 | |
| – | – | 8.5% | 10.4% | 8.3% | 9.7% | |
| – | – | 12.8% | 10.9% | 15.1% | 9.8% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 135 | 273 | 336 | 477 | 515 | 644 | |
| – | – | 15 | 30 | 47 | 68 | |
| – | – | 320 | 447 | 468 | 576 | |
| Dividends paid | – | – | 0 | 0 | 80 | 62 |
| 0 | 78 | 0 | 0 | 2 | 4 | |
| 11 | 68 | 77 | 70 | 79 | 69 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 187.4×
- 22.5×
- –
- 17.3×
- 3.9×
- 0.5%
- 1.6%
Profitability
- 2.1%
- 10.0%
- 9.5%
- 20.9%
- 1.2%
Growth
- +24.5%
- –
- –
- −19.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 28%of 754
Bottom 35%of 605
Bottom 1%of 883
Top 21%of 880
Top 48%of 929
What analysts expect
- Average price target
- $43.33
- Range
- $31.00 – $64.00
- 14 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.47 | 0.43 | +9.3% |
| Feb 12, 2026 | 0.45 | 0.50 | −10.0% |
| Oct 30, 2025 | 0.47 | 0.47 | +0.0% |
| Jul 31, 2025 | 0.66 | 0.66 | +0.0% |
| May 1, 2025 | 0.39 | 0.39 | −0.4% |
| Feb 20, 2025 | 0.45 | 0.45 | −0.2% |
| Oct 30, 2024 | 0.41 | 0.41 | −1.0% |
| Aug 1, 2024 | 0.58 | 0.56 | +3.0% |
1.6%of the share price, paid each year
On $1,000 invested$16a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$0.67 in 2024 → $0.48 in 2025
How safe it looks
98.3% of its profit
Room to growStretchedMore than it earns: 10.8%
News
Ryan Serhant of ‘Owning Manhattan’ on why you shouldn’t wait to buy a house, and the hot spots to watch forMarketWatch · Nov 9, 2026Ryan Specialty signals 2026 adjusted EBITDAC margin down around 50 bps while launching Tera Underwriters with $625M capacitySeeking Alpha · Oct 30, 2026GameStop CEO Ryan Cohen buys another $22.8M in sharesSeeking Alpha · Oct 14, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
38No pass
Benjamin Graham
18No pass
Philip Fisher
50No pass
Peter Lynch
50No pass
Joel Greenblatt
6No pass
Charlie Munger
31No pass
Terry Smith
31No pass
Questions about Ryan Specialty Holdings
Is Ryan Specialty Holdings a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ryan Specialty Holdings AI analysis
What does Ryan Specialty Holdings do?
Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally. It is in Insurance Brokers, based in Chicago, IL, United States, with 6,144 employees.
Does Ryan Specialty Holdings pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 98% of its yearly profit. In 2025 it paid out $62.3 million in dividends.
Is Ryan Specialty Holdings stock halal?
Questionable. Ryan Specialty Holdings sits in a grey zone: scholars disagree about its industry. How we check
How has Ryan Specialty Holdings stock done over the past year?
Down 17.7% over the past twelve months, to $46.89. It traded between $29.39 and $58.12 and is 19.3% below its high.
Who are Ryan Specialty Holdings's competitors?
The largest listed companies in the same industry are Marsh & McLennan Companies, Arthur J. Gallagher &, Aon and PB Fintech. The peers table on this page compares their profit, growth and price with Ryan Specialty Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.