Latest revenue
$782.9M
as of 2026-03-31
Latest net income
$17.6M
as of 2026-03-31
Net margin
2.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $3.59B
- Enterprise value
- $3.59B
- P/E (trailing)
- 56.7×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.5%
- 52-wk high
- $72.50
- 52-wk low
- $29.28
- Beta
- —
- Shares out
- 109.9M
5-year trend
What this company does
ITEM 1. BUSINESS Overview Founded by Patrick G. Ryan in 2010, Ryan Specialty is an international specialty insurance intermediary that provides specialty products, solutions, and services for insurance brokers, agents, and carriers. We provide distribution, underwriting, product development, administration, and risk management services through our wholesale brokerage platform and, on behalf of insurance carriers, through delegated underwriting authority via our managing underwriter, binding authority, and national program operations. Our expertise spans an extensive array of property, casualty, professional lines, transportation, personal lines, workers’ compensation, and employee benefits…
AI summary unavailable — showing raw filing excerpt
Generated from RYAN's filing dated 2026-02-13
Key risks
ITEM 1A. RISK FACTORS Our operating and financial results are subject to various risks and uncertainties. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of, or that we currently believe are not material, may also become important factors that affect us. If any of the following risks occur, our business, financial condition, operating results, and prospects could be materially and adversely affected. Because of the following factors, as well as other factors affecting our businesses, financial condition, operating results, and prospects, past financial performance should not be considered a reliable indicator…
AI summary unavailable — showing raw filing excerpt
Generated from RYAN's filing dated 2026-02-13
Profitability
Operating margin
16.2%
4.9%Net margin
2.1%
44.8%Return on equity
9.8%
35.1%Return on assets
0.6%
38.8%Leverage
Debt / equity
15.30×
6.4%Long-term debt / equity
5.08×
1.3%Debt / assets
93.9%
0.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $782.9M | +15.8% | $17.6M | +163.8% | 2.3% |
Q4 2025 2025-12-31 | $794.6M | +12.0% | $35.6M | +159.0% | 4.5% |
Q3 2025 2025-09-30 | $739.6M | +25.7% | $31.1M | +76.7% | 4.2% |
Q2 2025 2025-06-30 | $840.9M | +23.6% | $24.3M | -48.0% | 2.9% |
Q1 2025 2025-03-31 | $676.1M | +25.7% | $-27.6M | -267.2% | -4.1% |
Q4 2024 2024-12-31 | $709.4M | — | $13.8M | — | 1.9% |
Q3 2024 2024-09-30 | $588.1M | +20.7% | $17.6M | +448.5% | 3.0% |
Q2 2024 2024-06-30 | $680.2M | +16.3% | $46.8M | +55.6% | 6.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Insurance Agents, Brokers & Service · SIC 6411
Your notes
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Insider activity
Insider buying
$15.4M
Insider selling
$234.2M
Net activity
−$218.8M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns RYAN
Institutional value
$2.04B
Total shares held
63.5M
Distinct holders
225
-154 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.9M | $366.7M | +347.8K (+3.3%) | Added |
| 2 | Vulcan Value Partners, LLC | 6.6M | $222.5M | +2.0M (+42.7%) | Added |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.3M | $180.2M | — | New |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 5.2M | $175.5M | — | New |
| 5 | PRINCIPAL FINANCIAL GROUP INC | 4.4M | $148.9M | +37.3K (+0.9%) | Added |
| 6 | MONTRUSCO BOLTON INVESTMENTS INC. | 4.0M | $132.1M | -320.6K (-7.4%) | Trimmed |
| 7 | Stephens Investment Management Group LLC | 2.4M | $81.8M | +495.2K (+25.7%) | Added |
| 8 | BANK OF MONTREAL /CAN/ | 2.3M | $77.2M | +2.3M (+19288.8%) | Added |
| 9 | Champlain Investment Partners, LLC | 2.3M | $76.6M | -286.0K (-11.2%) | Trimmed |
| 10 | Clearbridge Investments, LLC | 1.8M | $59.8M | -108.4K (-5.8%) | Trimmed |
| 11 | BLAIR WILLIAM & CO/IL | 1.6M | $55.4M | -880.9K (-34.9%) | Trimmed |
| 12 | Sumitomo Mitsui Trust Group, Inc. | 1.3M | $43.1M | -112.9K (-8.1%) | Trimmed |
| 13 | UBS Group AG | 790.7K | $26.7M | +172.8K (+28.0%) | Added |
| 14 | VANGUARD FIDUCIARY TRUST CO | 725.4K | $24.5M | — | New |
| 15 | Bank of New York Mellon Corp | 637.1K | $21.5M | -298.6K (-31.9%) | Trimmed |
| 16 | Universal- Beteiligungs- und Servicegesellschaft mbH | 556.8K | $18.8M | -212.6K (-27.6%) | Trimmed |
| 17 | GENEVA CAPITAL MANAGEMENT LLC | 548.2K | $18.5M | -15.1K (-2.7%) | Trimmed |
| 18 | WATERS PARKERSON & CO., LLC | 530.2K | $17.9M | +15.0K (+2.9%) | Added |
| 19 | Mawer Investment Management Ltd. | 501.2K | $16.9M | -24.0K (-4.6%) | Trimmed |
| 20 | DUDLEY & SHANLEY, INC. | 480.0K | $16.2M | +2.4K (+0.5%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once RYAN's latest filing finishes processing.