Stocks · Financial Services · Insurance - Brokers
Ryan Specialty Holdings, Inc. RYAN
$37.67 -1.88% Close, Oct 2, 2026 · NYSE · Market cap $4.88B
High qualityWeak trendHigh risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.78, up 559.5% year over year.
- The diluted share count fell 52.1% in a year, mainly through buybacks.
- Operating margin widened to 20.2% from 9.9% a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 31%
- EPS growth (TTM, YoY)Top 2%
- FCF growth (TTM, YoY)Bottom 30%
- Revenue growth, 3-year CAGRTop 29%
- Revenue growth accelerationBottom 26%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 30%
- Gross marginTop 13%
- Operating marginBottom 47%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Top 21%
- Net debt / EBITDA (lower is better)Bottom 27%
- Interest coverTop 26%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 23%
- Free-cash-flow yieldTop 35%
- EBITDA / enterprise valueTop 33%
- Sales / enterprise valueTop 37%
- P/E vs own 5-year history (lower is better)Top 9%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 9%
- 6-month returnTop 34%
- 1-year return vs S&P 500Bottom 10%
- Distance from 52-week highBottom 12%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 45%
- Consecutive EPS beatsTop 42%
- Share of analysts rating BuyTop 50%
- Upside to consensus price targetTop 23%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 16%
- Maximum drawdown, 3 yearsBottom 11%
- Beta vs S&P 500 (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Bottom 27%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 18.9% | 14.4% | ↓ |
| EPS growth (YoY) | 551.3% | 559.5% | ↑ |
| Gross margin | 100.0% | 81.1% | ↓ |
| Operating margin | 9.9% | 20.2% | ↑ |
| FCF margin | 18.1% | 15.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 14.4% | 18.9% | ↓ | Top 31% |
| EPS growth (TTM, YoY) | 559.5% | 551.3% | ↑ | Top 2% |
| Gross margin | 81.1% | 100.0% | ↓ | Top 13% |
| Operating margin | 20.2% | 9.9% | ↑ | Bottom 47% |
| Net margin | 5.8% | 2.0% | ↑ | — |
| Free-cash-flow margin | 15.4% | 18.1% | ↓ | — |
| Return on invested capital | 4.7% | — | Top 30% | |
| Revenue growth, 3-year CAGR | 20.9% | — | Top 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.97×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -100.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.64×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.34%
- Net buyback yield (TTM)
- 6.23%
- Shareholder yield
- 7.57%
- Share count change, 1 year
- -52.1%
- Share count change, 3-year CAGR
- +2.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- +5.8%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $47.78
- Target vs current price
- +26.8%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 47%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +23.7% | -5.1% | -3.2% | -6.9% | — |
| Apr 30, 2026 | +9.3% | -1.4% | -16.6% | -9.8% | +22.5% |
| Feb 12, 2026 | -10.0% | +3.1% | -4.0% | -16.0% | -27.3% |
| Oct 30, 2025 | +0.0% | -0.4% | +8.9% | +14.2% | -8.4% |
| Jul 31, 2025 | +0.0% | +1.7% | -4.6% | -4.6% | -11.7% |
| May 1, 2025 | -0.4% | -1.1% | +8.3% | +6.8% | -0.1% |
| Feb 20, 2025 | -0.2% | -1.1% | -0.5% | +3.7% | +0.7% |
| Oct 30, 2024 | -1.0% | -1.5% | -1.1% | +7.2% | -6.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.74 | $0.60 | +23.7% | $916.6M |
| Apr 30, 2026 | $0.47 | $0.43 | +9.3% | $795.2M |
| Feb 12, 2026 | $0.45 | $0.50 | -10.0% | $751.2M |
| Oct 30, 2025 | $0.47 | $0.47 | +0.0% | $754.6M |
| Jul 31, 2025 | $0.66 | $0.66 | +0.0% | $855.2M |
| May 1, 2025 | $0.39 | $0.39 | -0.4% | $690.2M |
| Feb 20, 2025 | $0.45 | $0.45 | -0.2% | $663.5M |
| Oct 30, 2024 | $0.41 | $0.41 | -1.0% | $604.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 48.4× | 110.8× | 6th | Bottom 23% |
| P/E (forward) | 17.4× | — | — | — |
| EV / EBITDA | 10.8× | — | — | Top 33% |
| EV / Sales | 2.66× | — | — | Top 37% |
| Free-cash-flow yield | 10.18% | — | — | Top 35% |
| Earnings yield | 2.06% | — | — | Bottom 23% |
P/E over the past five years
Range 48.4× – 490.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -30.8%
- Earnings per share growth (TTM)
- +559.5%
- Change in P/E multiple
- -88.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.5%
- 200-day average slope (20 days)
- -4.1%
- Distance from 50-day average
- -9.2%
- Distance from 200-day average
- -6.0%
- RSI (14)
- 41.8
- Relative volume
- 0.98×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 39.5%
- Volatility vs own 5-year history
- 75th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.57
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -35.5%
- Maximum drawdown, 3 years
- -61.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 3, 2025 | May 6, 2026 | -61.3% | 273 days | Not yet recovered |
| Aug 15, 2022 | Nov 14, 2022 | -30.2% | 64 days | 195 days (Aug 25, 2023) |
| Nov 29, 2024 | Jan 7, 2025 | -19.4% | 25 days | 59 days (Apr 3, 2025) |
| Apr 20, 2022 | May 12, 2022 | -17.7% | 16 days | 46 days (Jul 20, 2022) |
| Mar 2, 2022 | Mar 17, 2022 | -16.2% | 11 days | 23 days (Apr 20, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.88B
- P/E (TTM)
- 48.4
- EPS, diluted (TTM)
- $0.78
- Revenue (TTM)
- $3.22B
- Dividend yield
- 1.35%
- 52-week range
- $29.28 – $59.19
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.43B | $1.73B | $2.08B | $2.52B | $3.05B |
| Gross profit | $1.43B | $1.73B | $2.08B | $2.52B | $2.76B |
| Operating income | $61.6M | $179.2M | $237.9M | $272.6M | $625.2M |
| Net income | $65.9M | $61.1M | $61.0M | $94.7M | $63.4M |
| EPS (diluted) | -$0.07 | $0.52 | $0.52 | $0.71 | $0.47 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $604.7M | $663.5M | $690.2M | $855.2M | $754.6M | $751.2M | $795.2M | $916.6M |
| Net income | $17.6M | $13.8M | -$27.6M | $52.0M | $31.1M | $8.0M | $40.6M | $108.4M |
| EPS (diluted) | $0.09 | $0.05 | -$0.22 | $0.19 | $0.11 | $0.03 | $0.31 | $0.33 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $273.5M | $335.5M | $477.2M | $514.9M | $643.7M |
| Capital expenditure | -$9.8M | -$15.0M | -$29.8M | -$47.0M | -$68.0M |
| Free cash flow | $263.7M | $320.5M | $447.4M | $467.9M | $575.7M |
| Dividends paid | -$47.1M | -$39.9M | $0 | -$80.2M | -$62.3M |
| Net share buybacks | $480.2M | -$7.2M | -$8.8M | -$2.1M | -$3.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $140.1M
- Total assets
- $11.97B
- Total liabilities
- $10.95B
- Total debt
- $3.81B
- Net debt
- $3.67B
- Shareholders’ equity
- $509.4M
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 11, 2026 | $0.13 | Aug 25, 2026 |
| May 12, 2026 | $0.13 | May 26, 2026 |
| Feb 24, 2026 | $0.13 | Mar 10, 2026 |
| Nov 10, 2025 | $0.12 | Nov 25, 2025 |
| Aug 12, 2025 | $0.12 | Aug 26, 2025 |
| May 13, 2025 | $0.12 | May 27, 2025 |
| Mar 4, 2025 | $0.12 | Mar 18, 2025 |
| Nov 12, 2024 | $0.11 | Nov 26, 2024 |
Short interest
- Shares sold short
- 11,977,334
- Days to cover
- 6.51
- Change vs previous report
- -10.7%
FINRA short interest, settlement date Sep 15, 2026.