Ryan Specialty Holdings (RYAN) FCF Margin (2020 - 2026)
Ryan Specialty Holdings (RYAN) reported FCF Margin of 21.38% for Q1 2026, up 173.0% year-over-year from 7.83% in Q1 2025, and down 156.43% quarter-over-quarter 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 21.38% in Q1 2026.
- FCF Margin for Q1 2026 came in at 21.38%, up 173.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.59% (up 240.0% YoY), and the FY2025 annual result was 21.39%, up 43.0% from the prior year.
- FCF Margin slipped to 21.38% in Q1 2026 per RYAN's latest filing, from 37.9% in the prior quarter.
- Over five years, FCF Margin peaked at 51.52% in Q2 2023 and troughed at 35.4% in Q1 2023.
- A 5-year average of 16.43% and a median of 22.17% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin soared 7833 bps in 2022, then plunged 1791 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 43.41% in 2022, then decreased by 8 bps to 39.99% in 2023, then increased by 20 bps to 47.95% in 2024, then retreated by 21 bps to 37.9% in 2025, then sank by 156 bps to 21.38% in 2026.
- Business Quant data shows RYAN's FCF Margin at 21.38% in Q1 2026, 37.9% in Q4 2025, and 22.17% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 26.29% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 34.11% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -1.78% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 92.24% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 32.60% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 56.90% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 60.96% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | -21.38% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 72.80% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 62.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.38% |
| Dec 31, 2025 | 37.90% |
| Sep 30, 2025 | 22.17% |
| Jun 30, 2025 | 43.96% |
| Mar 31, 2025 | -23.12% |
| Dec 31, 2024 | 47.95% |
| Sep 30, 2024 | 15.52% |
| Jun 30, 2024 | 35.69% |
| Mar 31, 2024 | -21.67% |
| Dec 31, 2023 | 39.99% |
| Sep 30, 2023 | 18.90% |
| 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 | 31.47% |
| Sep 30, 2021 | -82.93% |
| Jun 30, 2021 | 46.35% |