Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026)
Ryan Specialty Holdings (RYAN) posted quarterly Net Margin of 11.82% for Q2 2026, down 276.0% year-over-year from 6.72% in Q2 2025, and up 131.61% on a QoQ basis from 5.11% in Q1 2026.
Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings has reported Net Margin for 7 years, with the latest figure at 11.82% in Q2 2026.
- Net Margin for Q2 2026 came in at 11.82%, down 276.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.55% (up 74.0% YoY), and the FY2025 annual result was 7.02%, down 212.0% from the prior year.
- Net Margin advanced to 11.82% in Q2 2026, from 5.11% in the prior quarter.
- Over five years, Net Margin peaked at 16.97% in Q2 2024 and troughed at 0.64% in Q1 2025.
- A 5-year average of 7.17% and a median of 5.76% in 2024 frame the typical range for Net Margin.
- The widest annual swing landed in 2022, when Net Margin tumbled 1119 bps; it then soared 926 bps in 2023.
- A 5-year view of Net Margin shows it stood at 4.16% in 2022, then jumped by 164 bps to 10.98% in 2023, then plunged by 42 bps to 6.41% in 2024, then tumbled by 35 bps to 4.16% in 2025, then soared by 184 bps to 11.82% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 11.82% in Q2 2026, 5.11% in Q1 2026, and 4.16% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 6.79% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 10.35% |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 14.29% |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 55.10% |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 61.66% |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 52.31% |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 11.82% |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 20.16% |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 56.30% |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 26.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.82% |
| Mar 31, 2026 | 5.11% |
| Dec 31, 2025 | 4.50% |
| Sep 30, 2025 | 8.46% |
| Jun 30, 2025 | 14.83% |
| Mar 31, 2025 | -0.65% |
| Dec 31, 2024 | 7.05% |
| Sep 30, 2024 | 4.87% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 7.56% |
| Dec 31, 2023 | 12.14% |
| Sep 30, 2023 | 3.22% |
| Jun 30, 2023 | 14.32% |
| Mar 31, 2023 | 7.97% |
| Dec 31, 2022 | 4.16% |
| Sep 30, 2022 | 2.89% |
| Jun 30, 2022 | 5.07% |
| Mar 31, 2022 | 1.79% |
| Dec 31, 2021 | 2.66% |
| Sep 30, 2021 | -4.85% |