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
DateValue
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%