Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026)
Ryan Specialty Holdings (RYAN) recorded Operating Income of $140.83 million in Q3 2026, up 27.1% from $110.79 million a year earlier but down 21.9% from the prior quarter.
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Analysis
Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026) Analysis & Trends
On a TTM basis, Ryan Specialty Holdings' Operating Income came in at $507.3 million as of Sep 30, 2026, down 0.8% year-over-year; for FY2025, it came in at $493.64 million, up 15.4% from FY2024.
- Annual Operating Income has increased for six straight years, with a five-year compound annual growth rate of 25.5% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $427.81 million in FY2024 (+19.1%), $359.08 million in FY2023 (+24.0%), $289.51 million in FY2022 (+55.1%) and $186.62 million in FY2021 (+17.7%).
- Quarterly Operating Income has ranged from $43.39 million in Q1 2022 to $191.05 million in Q2 2025 over the past five years.
- On a year-over-year basis, Operating Income rose in five of the last eight quarters, with growth averaging 12.9%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 61.5% in Q1 2023, against a decline of 16.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $180.32 million (Q2 2026), $94.6 million (Q1 2026) and $91.56 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -34.72 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 3.61 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 3.32 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 1.22 Bn |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 2.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 683.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 809.00 Mn |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -3.00 Mn |
| 10 | Ryan Specialty Holdings | 11.93 Bn | 11.76 Bn | - | 140.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 140.83 Mn |
| Jun 30, 2026 | 180.32 Mn |
| Mar 31, 2026 | 94.60 Mn |
| Dec 31, 2025 | 91.56 Mn |
| Sep 30, 2025 | 110.79 Mn |
| Jun 30, 2025 | 191.05 Mn |
| Mar 31, 2025 | 100.24 Mn |
| Dec 31, 2024 | 109.32 Mn |
| Sep 30, 2024 | 81.48 Mn |
| Jun 30, 2024 | 164.37 Mn |
| Mar 31, 2024 | 72.65 Mn |
| Dec 31, 2023 | 96.34 Mn |
| Sep 30, 2023 | 69.82 Mn |
| Jun 30, 2023 | 122.84 Mn |
| Mar 31, 2023 | 70.09 Mn |
| Dec 31, 2022 | 79.25 Mn |
| Sep 30, 2022 | 61.34 Mn |
| Jun 30, 2022 | 105.53 Mn |
| Mar 31, 2022 | 43.39 Mn |
| Dec 31, 2021 | 55.25 Mn |
API Access
Ryan Specialty Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=RYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "RYAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=RYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();