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
DateValue
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%