Ryan Specialty Holdings (RYAN) EBITDA Margin (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly EBITDA Margin came in at 11.9% in Q1 2026, down 293.0% year-on-year from 6.16% in Q1 2025, and down 9.75% on a QoQ basis from 13.18% in Q4 2025.
Ryan Specialty Holdings (RYAN) EBITDA Margin (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has 7 years of EBITDA Margin data on file, last reported at 11.9% in Q1 2026.
- On a quarterly basis, EBITDA Margin fell 293.0% year-over-year to 11.9% in Q1 2026; TTM through Mar 2026 was 15.89%, a 198.0% decrease from a year earlier, with the FY2025 full-year figure at 16.48%, down 94.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 11.9%, down from 13.18% in the prior quarter.
- Over the last five years, EBITDA Margin for RYAN reached as high as 24.16% in Q2 2024 and fell as low as 11.21% in Q1 2022.
- Historically, EBITDA Margin has averaged 16.69% across 5 years, with a median of 14.98% in 2025.
- Across the five-year window, EBITDA Margin jumped 1510 bps in 2022 and sank 493 bps in 2025, its largest moves.
- Year by year, EBITDA Margin stood at 18.22% in 2022, then climbed by 10 bps to 19.99% in 2023, then declined by 9 bps to 18.11% in 2024, then retreated by 27 bps to 13.18% in 2025, then declined by 10 bps to 11.9% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 11.9% in Q1 2026, 13.18% in Q4 2025, and 14.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 25.48% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | -48.79% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 8.68% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 29.20% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 20.78% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 22.78% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 17.32% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 112.20% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 18.48% |
| 10 | Ryan Specialty Holdings | 438.74 Mn | 866.94 Mn | - | 11.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.90% |
| Dec 31, 2025 | 13.18% |
| Sep 30, 2025 | 14.98% |
| Jun 30, 2025 | 22.72% |
| Mar 31, 2025 | 14.82% |
| Dec 31, 2024 | 18.11% |
| Sep 30, 2024 | 13.85% |
| Jun 30, 2024 | 24.16% |
| Mar 31, 2024 | 13.51% |
| Dec 31, 2023 | 19.99% |
| Sep 30, 2023 | 14.33% |
| Jun 30, 2023 | 20.99% |
| Mar 31, 2023 | 15.32% |
| Dec 31, 2022 | 18.22% |
| Sep 30, 2022 | 14.89% |
| Jun 30, 2022 | 21.48% |
| Mar 31, 2022 | 11.21% |
| Dec 31, 2021 | 14.60% |
| Sep 30, 2021 | -0.21% |
| Jun 30, 2021 | 23.66% |