Ryan Specialty Holdings, Inc. (RYAN) AI Stock Analysis

Founded in 2010 and based in Chicago, Illinois, Ryan Specialty Group Holdings, Inc. is a service provider delivering niche products and solutions for insurance brokers, agents, and carriers. The company operates as a wholesale broker and managing underwriter, employing 6,171 people. Its services span distribution, underwriting, product development, administration, and risk management. As a wholesale broker, it connects retail insurance brokers with carriers to provide access to specialty products not readily available in the standard market. In its managing underwriter role, it evaluates and underwrites risks on behalf of insurance carriers across specialized sectors.

Ryan Specialty achieved a 5-year revenue compound annual growth rate of 24.5% from FY2020 to FY2025. Annual revenue expanded from $1.43B in FY2021 to $2.08B in FY2023, $2.52B in FY2024, and $3.05B in FY2025, which saw 21.3% growth. Operating margin rose to 20.5% in FY2025, up from 10.8% in FY2024, while net income totaled $63.4M with an EPS of $1.97. Free cash flow increased to $575.7M in FY2025 from $467.9M in FY2024. In the latest quarter ending June 30, 2026, revenue increased 7.4% year-over-year, while quarterly earnings declined 14.3%. Trailing twelve month revenue stands at $3.16B with net profit margin at 3.1%.

As of June 30, 2026, Ryan Specialty held $140.1M in cash and short-term investments against $3.81B in total debt, resulting in net debt of $3.67B. Shareholders' equity was $509.4M, producing a debt-to-equity ratio of 7.47. Total assets stood at $11.97B, and the current ratio was 73.50. During FY2025, the company generated $643.7M in operating cash flow, directing $68.0M toward capital expenditures, $62.3M to dividends, and $3.7M to share buybacks.

At a share price of $40.75, Ryan Specialty carries a market capitalization of $10.44B and an enterprise value of $8.08B. The stock trades at a trailing P/E of 57.4x and a forward P/E of 14.6x, compared to medians of 12.1x and 10.8x, respectively, for the median of its US-listed Financial Services peers. Its price-to-sales multiple is 3.3x versus the peer median of 3.2x. Over the past year, the shares returned -21.0%, lagging the S&P 500 return of 16.8%.

Ryan Specialty pays a quarterly dividend with an annualized forward payout of $0.52 per share, representing a dividend yield of 1.28%. The payout ratio stands at 23.9%, and the company has paid dividends for 3 consecutive years. Its most recent ex-dividend date was August 11, 2026, after paying $62.3M in total dividends during FY2025.

Wall Street coverage includes 5 Strong Buy, 4 Buy, 9 Hold, and 1 Sell ratings. The mean price target is $49.09, which sits 20.5% above the last closing price of $40.75. Consensus estimates project FY2026 revenue of $3.29B and EPS of $2.17, representing 10.5% annual EPS growth. Ryan Specialty met or exceeded earnings estimates in 2 of the last 4 quarters, with the next earnings announcement scheduled for October 29, 2026.

This page is an AI-written research summary of Ryan Specialty Holdings, Inc. (RYAN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: RYAN income statement, RYAN balance sheet, RYAN key metrics, RYAN analyst forecast, RYAN chart. See the RYAN stock overview for the latest quote and news.