Ryan Specialty Holdings, Inc. (RYAN) stock
RYANNYSEInsurance Agents, Brokers & ServiceFiscal year ends December 31
$46.87−0.33 (-0.70%)
Close on Nov 11, 2026Market cap $11.79BP/E –Yield –
Ryan Specialty operating margin
Operating margin is operating income as a percentage of revenue.
Ryan Specialty's operating margin for the twelve months ending Sep 30, 2026 was 15.6%. For fiscal 2025 it was 16.2%, against 17.0% the year before. The highest annual figure on record is 17.3% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 16.2% | −0.8 |
| FY2024 | Dec 31, 2024 | 17.0% | −0.3 |
| FY2023 | Dec 31, 2023 | 17.3% | +0.5 |
| FY2022 | Dec 31, 2022 | 16.8% | +3.8 |
| FY2021 | Dec 31, 2021 | 13.0% | −2.5 |
| FY2020 | Dec 31, 2020 | 15.6% | +2.4 |
| FY2019 | Dec 31, 2019 | 13.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 17.8% | +3.1 |
| Q2 FY2026 | Jun 30, 2026 | 19.7% | −2.7 |
| Q1 FY2026 | Mar 31, 2026 | 11.9% | −2.6 |
| Q4 FY2025 | Dec 31, 2025 | 12.2% | −4.3 |
| Q3 FY2025 | Sep 30, 2025 | 14.7% | +1.2 |
| Q2 FY2025 | Jun 30, 2025 | 22.3% | −1.3 |
| Q1 FY2025 | Mar 31, 2025 | 14.5% | +1.4 |
| Q4 FY2024 | Dec 31, 2024 | 16.5% | −1.6 |
| Q3 FY2024 | Sep 30, 2024 | 13.5% | −0.4 |
| Q2 FY2024 | Jun 30, 2024 | 23.6% | +2.6 |
| Q1 FY2024 | Mar 31, 2024 | 13.2% | −2.2 |
| Q4 FY2023 | Dec 31, 2023 | 18.1% | −0.1 |
| Q3 FY2023 | Sep 30, 2023 | 13.9% | −1.0 |
| Q2 FY2023 | Jun 30, 2023 | 21.0% | −0.5 |
| Q1 FY2023 | Mar 31, 2023 | 15.3% | +4.1 |
| Q4 FY2022 | Dec 31, 2022 | 18.2% | +3.6 |
| Q3 FY2022 | Sep 30, 2022 | 14.9% | +15.1 |
| Q2 FY2022 | Jun 30, 2022 | 21.5% | −2.2 |
| Q1 FY2022 | Mar 31, 2022 | 11.2% | −1.6 |
| Q4 FY2021 | Dec 31, 2021 | 14.6% | −0.2 |
| Q3 FY2021 | Sep 30, 2021 | -0.2% | −11.1 |
| Q2 FY2021 | Jun 30, 2021 | 23.7% | +0.2 |
| Q1 FY2021 | Mar 31, 2021 | 12.8% | – |
| Q4 FY2020 | Dec 31, 2020 | 14.8% | – |
| Q3 FY2020 | Sep 30, 2020 | 10.9% | – |
| Q2 FY2020 | Jun 30, 2020 | 23.4% | – |
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