Ryan Specialty Holdings (RYAN) Free Cash Flow (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Free Cash Flow came in at $275.9 million in Q2 2026, down 17.35% year-over-year from $333.8 million in Q2 2025, and up 252.68% quarter-over-quarter from -$180.7 million in Q1 2026.
Ryan Specialty Holdings (RYAN) Free Cash Flow (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has reported Free Cash Flow for 7 consecutive years, with $275.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 17.35% year-over-year to $275.9 million in Q2 2026; TTM through Jun 2026 was $496.7 million, a 2.69% decrease from a year earlier, with the FY2025 full-year figure at $575.7 million, up 23.05% from the prior year.
- Free Cash Flow was $275.9 million for Q2 2026 at Ryan Specialty Holdings, up from -$180.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $333.8 million in Q2 2025 and troughed at -$180.7 million in Q1 2026.
- A 5-year average of $105.9 million and a median of $168.5 million in 2022 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 600.36% in 2023, down 139.32% in 2023.
- Over 5 years, Free Cash Flow stood at $181.5 million in 2022, then gained by 17.4% to $213.1 million in 2023, then grew by 13.72% to $242.3 million in 2024, then rose by 1.5% to $246.0 million in 2025, then increased by 12.15% to $275.9 million in 2026.
- The last three Free Cash Flow figures came in at $275.9 million (Q2 2026), -$180.7 million (Q1 2026), and $246.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 1.49 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 483.00 Mn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | -41.00 Mn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 425.00 Mn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 329.00 Mn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | - |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | 173.40 Mn |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 275.86 Mn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 161.66 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 30.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 275.86 Mn |
| Mar 31, 2026 | -180.68 Mn |
| Dec 31, 2025 | 245.97 Mn |
| Sep 30, 2025 | 155.53 Mn |
| Jun 30, 2025 | 333.77 Mn |
| Mar 31, 2025 | -159.56 Mn |
| Dec 31, 2024 | 242.34 Mn |
| Sep 30, 2024 | 93.84 Mn |
| Jun 30, 2024 | 255.85 Mn |
| Mar 31, 2024 | -124.17 Mn |
| Dec 31, 2023 | 213.11 Mn |
| Sep 30, 2023 | 94.85 Mn |
| Jun 30, 2023 | 301.48 Mn |
| Mar 31, 2023 | -162.00 Mn |
| Dec 31, 2022 | 181.51 Mn |
| Sep 30, 2022 | -18.96 Mn |
| Jun 30, 2022 | 225.61 Mn |
| Mar 31, 2022 | -67.69 Mn |
| Dec 31, 2021 | 119.12 Mn |
| Sep 30, 2021 | -292.56 Mn |
Ryan Specialty Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RYAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "RYAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();