Ryan Specialty Holdings (RYAN) Interest Expenses (2020 - 2024)
Ryan Specialty Holdings (RYAN) reported Interest Expenses of $31.1 million for Q2 2024, up 7.78% year-over-year from $28.9 million in Q3 2023, and up 5.88% quarter-over-quarter from $29.4 million in Q1 2024.
Ryan Specialty Holdings (RYAN) Interest Expenses (2020 - 2024) Analysis & Trends
Ryan Specialty Holdings (RYAN) has 5 years of Interest Expenses data on file, last reported at $31.1 million in Q2 2024.
- Interest Expenses for Q2 2024 came in at $31.1 million, up 7.78% year-over-year; the trailing twelve-month figure through Mar 2025 was $31.1 million (down 73.94% YoY), and the FY2023 annual result was $119.5 million, up 14.0% from the prior year.
- Interest Expenses climbed to $31.1 million in Q2 2024 per RYAN's latest filing, from $29.4 million in the prior quarter.
- Over five years, Interest Expenses peaked at $31.5 million in Q3 2023 and troughed at $6.8 million in Q2 2020.
- A 5-year average of $23.7 million and a median of $24.8 million in 2022 frame the typical range for Interest Expenses.
- On a YoY basis, Interest Expenses climbed as much as 180.9% in 2021 and fell as far as 8.68% in 2021.
- A 5-year view of Interest Expenses shows it stood at $20.9 million in 2020, then fell by 8.68% to $19.1 million in 2021, then jumped by 53.51% to $29.4 million in 2022, then gained by 1.02% to $29.7 million in 2023, then gained by 4.92% to $31.1 million in 2024.
- Business Quant data shows RYAN's Interest Expenses at $31.1 million in Q2 2024, $29.4 million in Q1 2024, and $29.7 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 61.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 16.43 Mn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 41.90 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 12.37 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 8.90 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 8.15 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 20.59 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 22.00 Mn |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 139,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 31.13 Mn |
| Jun 30, 2024 | 31.13 Mn |
| Mar 31, 2024 | 29.40 Mn |
| Mar 31, 2024 | 29.40 Mn |
| Dec 31, 2023 | 29.67 Mn |
| Dec 31, 2023 | 29.67 Mn |
| Sep 30, 2023 | 31.49 Mn |
| Sep 30, 2023 | 31.49 Mn |
| Jun 30, 2023 | 28.88 Mn |
| Jun 30, 2023 | 28.88 Mn |
| Mar 31, 2023 | 29.47 Mn |
| Mar 31, 2023 | 29.47 Mn |
| Dec 31, 2022 | 29.37 Mn |
| Dec 31, 2022 | 29.37 Mn |
| Sep 30, 2022 | 28.86 Mn |
| Sep 30, 2022 | 28.86 Mn |
| Jun 30, 2022 | 24.85 Mn |
| Jun 30, 2022 | 24.85 Mn |
| Mar 31, 2022 | 21.75 Mn |
| Mar 31, 2022 | 21.75 Mn |