Ryan Specialty Holdings (RYAN) Interest Coverage Ratio (2020 - 2024)
Ryan Specialty Holdings (RYAN) reported Interest Coverage Ratio of 5.28 for Q2 2024, up 24.15% year-over-year from 4.25 in Q3 2023, and up 113.69% quarter-over-quarter from 2.47 in Q1 2024.
Ryan Specialty Holdings (RYAN) Interest Coverage Ratio (2020 - 2024) Analysis & Trends
Ryan Specialty Holdings (RYAN) has 5 years of Interest Coverage Ratio data on file, last reported at 5.28 in Q2 2024.
- Interest Coverage Ratio for Q2 2024 came in at 5.28, up 24.15% year-over-year; the trailing twelve-month figure through Mar 2025 was 14.63 (up 383.18% YoY), and the FY2023 annual result was 3.0, up 8.8% from the prior year.
- Interest Coverage Ratio climbed to 5.28 in Q2 2024 per RYAN's latest filing, from 2.47 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 8.53 in Q2 2020 and troughed at 6.19 in Q4 2021.
- A 5-year average of 2.23 and a median of 2.38 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2021 and 2022: Interest Coverage Ratio sank 101.45% in 2021, then jumped 6270.0% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 4.46 in 2020, then slumped by 38.95% to 6.19 in 2021, then jumped by 143.58% to 2.7 in 2022, then increased by 20.33% to 3.25 in 2023, then surged by 62.61% to 5.28 in 2024.
- Business Quant data shows RYAN's Interest Coverage Ratio at 5.28 in Q2 2024, 2.47 in Q1 2024, and 3.25 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 13.48 |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 19.76 |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 3.64 |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 5.73 |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 6.94 |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 7.27 |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 3.38 |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 4.18 |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 205.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 5.28 |
| Mar 31, 2024 | 2.47 |
| Dec 31, 2023 | 3.25 |
| Sep 30, 2023 | 2.22 |
| Jun 30, 2023 | 4.25 |
| Mar 31, 2023 | 2.38 |
| Dec 31, 2022 | 2.70 |
| Sep 30, 2022 | 2.13 |
| Jun 30, 2022 | 4.25 |
| Mar 31, 2022 | 1.99 |
| Dec 31, 2021 | -6.19 |
| Sep 30, 2021 | -0.03 |
| Jun 30, 2021 | 4.86 |
| Mar 31, 2021 | 1.99 |
| Dec 31, 2020 | -4.46 |
| Sep 30, 2020 | 2.38 |
| Jun 30, 2020 | 8.53 |