Ryan Specialty Holdings (RYAN) FCF Margin (2020 - 2026)

Ryan Specialty Holdings' (RYAN) quarterly FCF Margin came in at 22.72% in Q1 2026, down 150.0% year-on-year from 45.44% in Q1 2025, and down 159.95% on a QoQ basis from 37.9% in Q4 2025.

Ryan Specialty Holdings (RYAN) FCF Margin (2020 - 2026) Analysis & Trends

Ryan Specialty Holdings (RYAN) has 7 years of FCF Margin data on file, last reported at 22.72% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 150.0% year-over-year to 22.72% in Q1 2026; TTM through Mar 2026 was 19.65%, a 235.0% increase from a year earlier, with the FY2025 full-year figure at 21.39%, up 234.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 22.72%, down from 37.9% in the prior quarter.
  • Over the last five years, FCF Margin for RYAN reached as high as 51.52% in Q2 2023 and fell as low as 35.4% in Q1 2023.
  • Historically, FCF Margin has averaged 16.31% across 5 years, with a median of 27.48% in 2025.
  • On a YoY basis, FCF Margin climbed as much as 2406 bps in 2023 and fell as far as 1791 bps in 2023.
  • Year by year, FCF Margin stood at 43.41% in 2022, then rose by 2 bps to 44.22% in 2023, then dropped by 20 bps to 35.23% in 2024, then grew by 8 bps to 37.9% in 2025, then slumped by 160 bps to 22.72% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 22.72% in Q1 2026, 37.9% in Q4 2025, and 27.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 26.29%
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn 34.11%
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 14.99%
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn 92.25%
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn 25.82%
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn 73.52%
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn 36.03%
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn 231.71%
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn 74.28%
10 Ryan Specialty Holdings 438.74 Mn 866.94 Mn - -22.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.72%
Dec 31, 2025 37.90%
Sep 30, 2025 27.48%
Jun 30, 2025 37.78%
Mar 31, 2025 -21.22%
Dec 31, 2024 35.23%
Sep 30, 2024 21.01%
Jun 30, 2024 36.49%
Mar 31, 2024 -21.67%
Dec 31, 2023 44.22%
Sep 30, 2023 19.46%
Jun 30, 2023 51.52%
Mar 31, 2023 -35.40%
Dec 31, 2022 43.41%
Sep 30, 2022 -4.60%
Jun 30, 2022 45.92%
Mar 31, 2022 -17.50%
Dec 31, 2021 30.58%
Sep 30, 2021 12.52%
Jun 30, 2021 46.35%