Ryan Specialty Holdings (RYAN) Tax Rate (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Tax Rate came in at 13.82% in Q1 2026, down 9478.0% year-on-year from 0.15% in Q1 2025, and down 53.9% on a QoQ basis from 29.97% in Q4 2025.
Ryan Specialty Holdings (RYAN) Tax Rate (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has 7 years of Tax Rate data on file, last reported at 13.82% in Q1 2026.
- On a quarterly basis, Tax Rate fell 9478.0% year-over-year to 13.82% in Q1 2026; TTM through Mar 2026 was 10.41%, a 2274.0% decrease from a year earlier, with the FY2025 full-year figure at 26.95%, up 1131.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.82%, down from 29.97% in the prior quarter.
- Over the last five years, Tax Rate for RYAN reached as high as 108.6% in Q1 2025 and fell as low as 45.54% in Q3 2024.
- Historically, Tax Rate has averaged 15.82% across 5 years, with a median of 13.64% in 2024.
- Across the five-year window, Tax Rate soared 10939 bps in 2022 and sank 10679 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 11.35% in 2022, then sank by 90 bps to 1.14% in 2023, then jumped by 3273 bps to 38.36% in 2024, then declined by 22 bps to 29.97% in 2025, then tumbled by 54 bps to 13.82% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 13.82% in Q1 2026, 29.97% in Q4 2025, and 4.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 35.14% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 18.11% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 22.82% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 21.37% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 20.08% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 16.89% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 25.45% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | -30.77% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 20.50% |
| 10 | Ryan Specialty Holdings | 438.74 Mn | 866.94 Mn | - | 13.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.82% |
| Mar 31, 2026 | 13.82% |
| Mar 31, 2026 | 13.82% |
| Dec 31, 2025 | 29.97% |
| Dec 31, 2025 | 29.97% |
| Dec 31, 2025 | 29.97% |
| Sep 30, 2025 | -4.68% |
| Sep 30, 2025 | -4.68% |
| Sep 30, 2025 | -4.68% |
| Jun 30, 2025 | 9.46% |
| Jun 30, 2025 | 9.46% |
| Jun 30, 2025 | 9.46% |
| Mar 31, 2025 | 108.60% |
| Mar 31, 2025 | 108.60% |
| Mar 31, 2025 | 108.60% |
| Dec 31, 2024 | 38.36% |
| Dec 31, 2024 | 38.36% |
| Dec 31, 2024 | 38.36% |
| Sep 30, 2024 | -45.54% |
| Sep 30, 2024 | -45.54% |