Ryan Specialty Holdings (RYAN) Tax Rate (2020 - 2026)
Ryan Specialty Holdings' (RYAN) quarterly Tax Rate came in at 17.1% in Q2 2026, up 764.0% year-over-year from 1.98% in Q2 2025, and up 23.74% quarter-over-quarter from 13.82% in Q1 2026.
Analysis
Ryan Specialty Holdings (RYAN) Tax Rate (2020 - 2026) Analysis & Trends
Ryan Specialty Holdings (RYAN) has reported Tax Rate for 7 consecutive years, with 17.1% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 764.0% year-over-year to 17.1% in Q2 2026; TTM through Jun 2026 was 13.97%, a 1701.0% decrease from a year earlier, with the FY2025 full-year figure at 26.95%, up 1131.0% from the prior year.
- Tax Rate was 17.1% for Q2 2026 at Ryan Specialty Holdings, up from 13.82% in the prior quarter.
- Over five years, Tax Rate peaked at 108.6% in Q1 2025 and troughed at 45.54% in Q3 2024.
- A 5-year average of 15.89% and a median of 13.66% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 10939 bps in 2022 and plunged 10679 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 11.35% in 2022, then sank by 90 bps to 1.14% in 2023, then soared by 3273 bps to 38.36% in 2024, then retreated by 22 bps to 29.97% in 2025, then sank by 43 bps to 17.1% in 2026.
- The last three Tax Rate figures came in at 17.1% (Q2 2026), 13.82% (Q1 2026), and 29.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.80 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 65.00 Bn | 63.73 Bn | - | 21.96% |
| 3 | Arthur J. Gallagher | 62.74 Bn | 61.35 Bn | - | 21.74% |
| 4 | Willis Towers Watson | 29.53 Bn | 27.87 Bn | 2.09 Bn | 19.52% |
| 5 | Brown & Brown | 22.19 Bn | 21.27 Bn | 1.41 Bn | 24.54% |
| 6 | XChange TEC.INC | 17.23 Bn | 17.23 Bn | - | - |
| 7 | Erie Indemnity | 11.26 Bn | 10.91 Bn | - | 20.95% |
| 8 | Ryan Specialty Holdings | 4.93 Bn | 4.79 Bn | - | 17.10% |
| 9 | Neptune Insurance Holdings | 4.36 Bn | 4.34 Bn | - | 31.88% |
| 10 | Baldwin Insurance | 2.60 Bn | 2.42 Bn | - | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.10% |
| Mar 31, 2026 | 13.82% |
| Dec 31, 2025 | 29.97% |
| Sep 30, 2025 | -4.68% |
| Jun 30, 2025 | 9.46% |
| Mar 31, 2025 | 108.60% |
| Dec 31, 2024 | 38.36% |
| Sep 30, 2024 | -45.54% |
| Jun 30, 2024 | 13.67% |
| Mar 31, 2024 | 13.64% |
| Dec 31, 2023 | 1.14% |
| Sep 30, 2023 | 61.26% |
| Jun 30, 2023 | 12.20% |
| Mar 31, 2023 | 14.72% |
| Dec 31, 2022 | 11.35% |
| Sep 30, 2022 | 10.43% |
| Jun 30, 2022 | 13.74% |
| Mar 31, 2022 | -33.18% |
| Dec 31, 2021 | 38.84% |
| Sep 30, 2021 | 14.14% |