MARKETS / NYSE / RYAN
NYSE · INSURANCE AGENTS, BROKERS & SERVICE · LARGE CAP

Ryan Specialty Holdings, Inc. RYAN

7 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$3.0B
▲ 21.9% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
98%
ROE · FY25
9.9%
Net margin · FY25
2.1%
Dividend coverage
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Result
USD 3.0B
Revenue, FY2025 · full 7-year series below
Revenue Net income
0.81.62.43.23.00.1201920222025
0.81.62.43.23.00.1201920222025

2 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.2201920222025
0.40.81.2201920222025

The company pays no cash dividend.

Profitability
9.9%
Return on equity, FY2025
ROE
4812169.9%201920222025
4812169.9%201920222025
Operating margin16.5%
Net margin2.1%
Return on assets0.6%

Each USD of equity produced 10 cents of profit this year.

Returned to shareholders
USD 62.3M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 62.3M
Net buybacks
Share of profit98.3%
Consecutive raises

USD 62.3M in dividends — 98% of the year's profit went back to shareholders.

Growth
+24.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+20.5%
+24.1%
Net income
+1.3%
−1.4%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 10.6B
total assets, end of FY2025
Total assetsUSD 10.6B
EquityUSD 648.1M
CashUSD 158.3M
Gross debtUSD 3.4B
Net debtUSD 3.2B
Current ratio0.98×

Net debt stands at 493% of equity.

History
7 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue $B
3.0
2.5
2.0
1.7
1.4
1.0
0.8
Operating income $B
0.5
0.4
0.4
0.3
0.2
0.2
0.1
EBITDA $B
0.5
0.4
0.4
0.3
0.2
0.2
0.1
Income tax $B
0.1
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.1
0.1
0.1
0.1
0.1
0.1
0.1
EPS, diluted $
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
Payout %
98
85
0
0
·
·
·
ROE %
9.9
15.9
11.8
12.8
·
·
·
Shares out B
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
12 of 12
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed