Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026)
Ryan Specialty Holdings (RYAN) recorded Operating Income of $180.32 million in Q2 2026, down 5.6% from $191.05 million a year earlier but up 90.6% from the prior quarter.
Ryan Specialty Holdings (RYAN) Operating Income (2020 - 2026) Analysis & Trends
On a TTM basis, Ryan Specialty Holdings' Operating Income came in at $477.27 million as of Jun 30, 2026, down 1.0% 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 -$730,000 in Q3 2021 to $191.05 million in Q2 2025 over the past five years.
- On a year-over-year basis, Operating Income has declined for three consecutive quarters, with growth averaging 11.6% over the last eight quarters.
- 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 $94.6 million (Q1 2026), $91.56 million (Q4 2025) and $110.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | -30.21 Bn |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | -3.07 Bn |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | -10.36 Bn |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | 1.90 Bn |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | -3.16 Bn |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | - |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | -10.30 Bn |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | - |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 915.00 Mn |
| 10 | Ryan Specialty Holdings | 9.81 Bn | 9.69 Bn | - | 180.32 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | -730,000.00 |
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_KEY
import 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();