“Organic Revenue Growth Rate Organic revenue growth rate is defined as the percentage change in Net commissions and fees, as compared to the same period for the prior year, adjusted to eliminate revenue attributable to acquisitions for the first twelve months…”10-Q · Jul 31, 2026 ↗
Ryan Specialty Holdings, Inc.
RYAN
Market read
Ryan Specialty Holdings, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
- Capex surged year-over-year, signaling heavier investment in technology and integration that is pressuring free cash flow.
Invalidation: The isolated read changes if RYAN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Capex surged year-over-year, signaling heavier investment in technology and integration that is pressuring free cash flow.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +21.9% year over year.
- Operating cash flow covered net income at 10.15x in the latest annual period.
- Foreign exchange has repeated favorable evidence across 5 filings.
- Restructuring and cost reductions has repeated favorable evidence across 5 filings.
- Net margin changed -1.7 percentage points in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
38.67Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Restructuring expense within General and administrative expense includes costs relating to professional services, 42 technology and data initiatives, license fees, and third-party contractors, as well as non-cash expenses associated with the impairment of int…”10-Q · Jul 31, 2026 ↗
“The unaudited pro forma financial information also includes an adjustment for incremental financing costs and interest expense resulting from the debt activity related to the US Assure and Innovisk acquisitions of $ 20.6 million and $ 99.0 million for the yea…”10-K · Feb 13, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for RYAN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for RYAN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind RYAN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
WBHCFiling-linked namepartnerMay 1, 2026 ▾
“Binding Authority Net commissions and fees increased by $8.1 million , or 7.9% , period-over-period, primarily due to organic growth within the Specialty for the quarter as well as an increase in contingent commissions and contributions from the JM Wilson acq…”
BRK-BBerkshire Hathaway Inc.competitorFeb 13, 2026 ▾
“The overall top five U.S.”
Depended on by
CLRBCellectar Biosciences, Inc.customerMar 4, 2026 ▾
“These 340B covered entities only include health care organizations that have certain federal designations or receive funding from specific federal programs, including Federally Qualified Health Centers, Ryan White HIV/AIDS Program grantees, and certain types…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 9 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
RYAN is currently a Follower in the organic co-movement group Mixed Service Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.