Feed / RYAN

Ryan Specialty Holdings, Inc.

RYAN

Financial Services · 38.02 -3.6% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:10 GMT-4

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.

Company-3.6% todayVolume comparison unavailable
Market group0 of 14 activeMixed Service Stocks · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • 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.

Watch this read

Research brief

The story so far

Financial Services · Insurance Brokers

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.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • 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

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods7
Price observations327
Usable filing statements178
Verified relationships9
Evidence supporting the case
  • 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.
Evidence challenging the case
  • Net margin changed -1.7 percentage points in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

38.67
6m+6.2%12m-26.5%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.4B+40.7%
2022-12-31$1.7B+19.5%
2023-12-31$2.0B+18.4%
2024-12-31$2.5B+21.2%
2025-12-31$3.0B+21.9%

What management says matters

Persistent and emerging business drivers

Foreign exchangepositive · 5 filings
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
Restructuring and cost reductionspositive · 5 filings
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
Credit and interest ratesmixed · 1 filings
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.

Scenario scaffold

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

38.02-3.6% today

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.