Ryan Specialty Holdings (RYAN) EBITDA Margin (2020 - 2026)
Ryan Specialty Holdings (RYAN) reported EBITDA Margin of 12.6% for Q1 2026, down 230.0% year-over-year from 9.69% in Q1 2025, and down 8.35% quarter-over-quarter from 13.75% 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 12.6% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 12.6%, down 230.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.35% (down 160.0% YoY), and the FY2025 annual result was 16.92%, down 90.0% from the prior year.
- EBITDA Margin fell to 12.6% in Q1 2026 per RYAN's latest filing, from 13.75% in the prior quarter.
- Over five years, EBITDA Margin peaked at 23.96% in Q2 2024 and troughed at 11.53% in Q1 2022.
- A 5-year average of 16.88% and a median of 15.24% in 2022 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin surged 4960 bps in 2022, then slumped 486 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 18.63% in 2022, then dropped by 0 bps to 18.54% in 2023, then grew by 0 bps to 18.61% in 2024, then declined by 26 bps to 13.75% in 2025, then fell by 8 bps to 12.6% in 2026.
- Business Quant data shows RYAN's EBITDA Margin at 12.6% in Q1 2026, 13.75% in Q4 2025, and 15.16% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 25.48% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 21.92% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 8.29% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 29.19% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 26.23% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 40.42% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 14.95% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 12.60% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 35.25% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 42.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.60% |
| Dec 31, 2025 | 13.75% |
| Sep 30, 2025 | 15.16% |
| Jun 30, 2025 | 23.06% |
| Mar 31, 2025 | 14.91% |
| Dec 31, 2024 | 18.61% |
| Sep 30, 2024 | 13.88% |
| Jun 30, 2024 | 23.96% |
| Mar 31, 2024 | 13.89% |
| Dec 31, 2023 | 18.54% |
| Sep 30, 2023 | 14.35% |
| Jun 30, 2023 | 21.36% |
| Mar 31, 2023 | 15.80% |
| Dec 31, 2022 | 18.63% |
| Sep 30, 2022 | 15.24% |
| Jun 30, 2022 | 21.73% |
| Mar 31, 2022 | 11.53% |
| Dec 31, 2021 | -30.97% |
| Sep 30, 2021 | 0.13% |
| Jun 30, 2021 | 23.97% |