# Ryan Specialty Holdings Inc. (RYAN)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Price:** $34.67 (+3.99%)

> Ryan Specialty Holdings Inc. is a leading provider of specialty insurance solutions for brokers, agents, and consumers. It operates within the highly specialized niche of wholesale brokerage, underwriting, and other specialty services, primarily targeting the commercial insurance market. The company excels in offering tailored risk management solutions that cater to unique or emerging risks which standard insurance markets typically do not accommodate. Ryan Specialty Holdings serves various industries, including but not limited to construction, healthcare, technology, transportation, and energy sectors, offering a broad array of insurance products and advisory services. Recognized for its innovative approach, the company helps clients manage complex and sophisticated risk exposure efficiently. With its headquarters in Chicago, Illinois, Ryan Specialty Holdings has carved out a significant presence in both the U.S. and international markets, underscoring its role as a pivotal player in facilitating insurance market efficiency and diversification.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.99B | — | $494M | $63M | — |
| 2024 | $2.46B | — | $428M | $95M | — |
| 2023 | $2.03B | — | $359M | $61M | — |
| 2022 | $1.71B | — | $290M | $61M | — |
| 2021 | $1.43B | — | $187M | $66M | — |
| 2020 | $1.02B | — | $159M | $68M | — |
| 2019 | $765M | — | $101M | $64M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $10.56B | $9.31B | $648M | $158M | $3.35B |
| 2024 | $9.65B | $8.55B | $628M | $540M | $3.28B |
| 2023 | $7.25B | $6.27B | $560M | $839M | $1.97B |
| 2022 | $6.38B | $5.57B | $478M | $993M | $1.98B |
| 2021 | $5.46B | $4.86B | $595M | $1.14B | $1.59B |
| 2020 | $4.53B | $4.22B | — | $896M | $1.59B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $644M | — | — |
| 2024 | $515M | — | — |
| 2023 | $477M | — | — |
| 2022 | $336M | — | — |
| 2021 | $273M | — | — |
| 2020 | $135M | — | — |
| 2019 | $150M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/RYAN)