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
DateValue
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%