Ryan Specialty Holdings (RYAN) Tax Rate (2020 - 2026)
Ryan Specialty Holdings (RYAN) reported Tax Rate of 13.82% for Q1 2026, down 9478.0% year-over-year from 0.15% in Q1 2025, and down 53.9% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 13.82%, down 9478.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.41% (down 2274.0% YoY), and the FY2025 annual result was 26.95%, up 1131.0% from the prior year.
- Tax Rate eased to 13.82% in Q1 2026 per RYAN's latest filing, from 29.97% 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 15.82% and a median of 13.64% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 10939 bps in 2022, then tumbled 10679 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 11.35% in 2022, then plunged by 90 bps to 1.14% in 2023, then jumped by 3273 bps to 38.36% in 2024, then decreased by 22 bps to 29.97% in 2025, then slumped by 54 bps to 13.82% in 2026.
- Business Quant data shows RYAN's Tax Rate at 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 | 12.87 Bn | 10.21 Bn | 2.62 Bn | 35.14% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 18.11% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 22.87% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 21.37% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 20.08% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 16.89% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 25.45% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 13.82% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | -58.82% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 20.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.82% |
| Mar 31, 2026 | 13.82% |
| Dec 31, 2025 | 29.97% |
| Dec 31, 2025 | 29.97% |
| Sep 30, 2025 | -4.68% |
| Sep 30, 2025 | -4.68% |
| Jun 30, 2025 | 9.46% |
| Jun 30, 2025 | 9.46% |
| Mar 31, 2025 | 108.60% |
| Mar 31, 2025 | 108.60% |
| Dec 31, 2024 | 38.36% |
| Dec 31, 2024 | 38.36% |
| Sep 30, 2024 | -45.54% |
| Sep 30, 2024 | -45.54% |
| Jun 30, 2024 | 13.67% |
| Jun 30, 2024 | 13.67% |
| Mar 31, 2024 | 13.64% |
| Mar 31, 2024 | 13.64% |
| Dec 31, 2023 | 1.14% |
| Dec 31, 2023 | 1.14% |