Ryan Specialty Holdings, Inc. (RYAN) — Financial statements
Income statement, balance sheet, and cash flow for Ryan Specialty Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,051↑21.3% | 2,516↑21.1% | 2,078↑20.4% | 1,725↑20.4% | 1,433 | |
| Cost of Revenue | 288 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Gross Profit | 2,764↑9.9% | 2,516↑21.1% | 2,078↑20.4% | 1,725↑20.4% | 1,433 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 453↓76.7% | 1,943↑21.7% | 1,597↑20.5% | 1,326↑17.3% | 1,131 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 453↓76.7% | 1,943↑21.7% | 1,597↑20.5% | 1,326↑17.3% | 1,131 | |
| Other Expenses | 1,685↑461.6% | 300↑23.8% | 242↑10.2% | 220↓8.6% | 241 | |
| Operating Expenses | 2,138↓4.7% | 2,243↑21.9% | 1,840↑19.0% | 1,546↑12.7% | 1,371 | |
| Total Costs & Expenses | 2,426↑8.1% | 2,243↑21.9% | 1,840↑19.0% | 1,546↑12.7% | 1,371 | |
| Operating Results | ||||||
| Operating Income | 625↑129.4% | 273↑14.6% | 238↑32.8% | 179↑191.1% | 62 | |
| Depreciation & Amortization | 288↑71.5% | 168↑44.7% | 116↑6.0% | 109↓3.0% | 113 | |
| EBITDA | 803↑34.2% | 599↑26.5% | 473↑20.3% | 393↑55.1% | 254 | |
| EBIT | 516↑19.6% | 431↑20.6% | 357↑25.8% | 284↑101.6% | 141 | |
| Interest & Other Income | ||||||
| Net Interest Income | -166↓4.7% | -158↓32.6% | -120↓14.0% | -105↓32.1% | -79 | |
| Interest Income | 57 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 222↑40.4% | 158↑32.6% | 120↑14.0% | 105↑32.1% | 79 | |
| Non-Operating Income | 110↑169.2% | -158↓32.6% | -120↓14.0% | -105↓32.1% | -79 | |
| Other Income / Expenses | -332 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 293↑7.6% | 273↑14.6% | 238↑32.8% | 179↑191.1% | 62 | |
| Income Tax Expense | 79↑85.3% | 43↓1.9% | 43↑172.6% | 16↑223.1% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 214↓6.9% | 230↑18.2% | 194↑19.1% | 163↑188.3% | 57 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 63↓33.0% | 95↑55.1% | 61↓0.0% | 61↓7.3% | 66 | |
| Bottom-Line Net Income | 63↓33.2% | 95↑45.6% | 65↑5.4% | 62↑975.7% | -7 | |
| EPS (Basic) | 0.50↓35.9% | 0.78↑36.8% | 0.57↑1.8% | 0.56↑938.3% | -0.07 | |
| EPS (Diluted) | 0.47↓33.8% | 0.71↑36.5% | 0.52↑0.0% | 0.52↑842.9% | -0.07 | |
| Weighted Average Shares | 127↑5.4% | 121↑5.6% | 114↑5.3% | 109↑2.7% | 106 | |
| Weighted Average Diluted Shares | 279↑1.3% | 275↑118.6% | 126↓52.7% | 266↑151.3% | 106 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.