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| Date | Value |
|---|---|
| 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% |