Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Net Margin came in at 11.82% in Q2 2026, down 276.0% year-over-year from 6.72% in Q2 2025, and up 131.61% quarter-over-quarter from 5.11% in Q1 2026.
Analysis
Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has reported Net Margin for 7 consecutive years, with 11.82% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 276.0% year-over-year to 11.82% in Q2 2026; TTM through Jun 2026 was 7.55%, a 74.0% increase from a year earlier, with the FY2025 full-year figure at 7.02%, down 212.0% from the prior year.
- Net Margin was 11.82% for Q2 2026 at Ryan Specialty Holdings, up 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.
- Across the five-year window, Net Margin plunged 1119 bps in 2022 and jumped 926 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 4.16% in 2022, then surged by 164 bps to 10.98% in 2023, then slumped by 42 bps to 6.41% in 2024, then sank by 35 bps to 4.16% in 2025, then jumped by 184 bps to 11.82% in 2026.
- The last three Net Margin figures came in at 11.82% (Q2 2026), 5.11% (Q1 2026), and 4.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 17.44% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 13.31% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 8.09% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 9.53% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 17.24% |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 16.54% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 11.82% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 1.72% |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 28.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.82% |
| Mar 31, 2026 | 5.11% |
| Dec 31, 2025 | 4.16% |
| Sep 30, 2025 | 8.30% |
| Jun 30, 2025 | 14.58% |
| Mar 31, 2025 | -0.64% |
| Dec 31, 2024 | 6.41% |
| Sep 30, 2024 | 4.74% |
| Jun 30, 2024 | 16.97% |
| Mar 31, 2024 | 7.37% |
| Dec 31, 2023 | 10.98% |
| Sep 30, 2023 | 3.13% |
| 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% |