Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Net Margin came in at 5.11% in Q1 2026, up 575.0% year-on-year from 0.76% in Q1 2025, and up 13.53% on a QoQ basis from 4.5% in Q4 2025.
Ryan Specialty Holdings (RYAN) Net Margin (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has 7 years of Net Margin data on file, last reported at 5.11% in Q1 2026.
- On a quarterly basis, Net Margin rose 575.0% year-over-year to 5.11% in Q1 2026; TTM through Mar 2026 was 8.44%, a 119.0% increase from a year earlier, with the FY2025 full-year figure at 7.15%, down 221.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.11%, up from 4.5% in the prior quarter.
- Over the last five years, Net Margin for RYAN reached as high as 17.35% in Q2 2024 and fell as low as 0.65% in Q1 2025.
- Historically, Net Margin has averaged 7.1% across 5 years, with a median of 5.11% in 2026.
- Across the five-year window, Net Margin sank 1119 bps in 2022 and soared 926 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 4.16% in 2022, then jumped by 192 bps to 12.14% in 2023, then slumped by 42 bps to 7.05% in 2024, then slumped by 36 bps to 4.5% in 2025, then gained by 14 bps to 5.11% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 5.11% in Q1 2026, 4.5% in Q4 2025, and 8.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 10.01% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 16.70% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 10.35% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 69.08% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 55.64% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 66.05% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | -1.33% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 103.66% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 64.16% |
| 10 | Ryan Specialty Holdings | 438.74 Mn | 866.94 Mn | - | 5.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 16.26% |