Ryan Specialty profit margin RYAN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- 3.1%
- Operating margin, 12 months
- 14.8%
- Net margin on a year earlier
- +1.1 pts
- Peer median
- 14.7%
Over the twelve months to Jun 30, 2026, Ryan Specialty kept 3.1% of its revenue as net profit, with an operating margin of 14.8%.
Five years earlier its net margin was 5.0%.
The median for 10 insurance brokers of a similar size is 14.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 2.1% | 16.2% |
| FY2024 | 3.8% | 17.0% |
| FY2023 | 2.9% | 17.3% |
| FY2022 | 3.5% | 16.8% |
| FY2021 | 4.6% | 13.0% |
| FY2020 | 6.7% | 15.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 3.1% | +1.1 pts | 14.8% | |
| Q1 FY26 | 3.4% | +1.5 pts | 15.5% | |
| Q4 FY25 | 2.1% | −1.7 pts | 16.2% | |
| Q3 FY25 | 2.3% | −2.0 pts | 17.3% | |
| Q2 FY25 | 2.0% | −1.6 pts | 17.1% | |
| Q1 FY25 | 1.9% | −1.1 pts | 17.2% | |
| Q4 FY24 | 3.8% | +0.8 pts | 17.0% | |
| Q3 FY24 | 4.4% | +1.5 pts | 17.4% | |
| Q2 FY24 | 3.6% | −0.3 pts | 17.7% | |
| Q1 FY24 | 3.0% | −0.8 pts | 16.7% | |
| Q4 FY23 | 2.9% | −0.6 pts | 17.3% | |
| Q3 FY23 | 2.8% | −0.4 pts | 17.3% |
Against its peers
Companies in Insurance - Brokers nearest Ryan Specialty's size, closest first, today.
| Company | Profit margin |
|---|---|
| RYANRyan Specialty | 3.1% |
| ERIEErie Indemnity | 14.0% |
| ACTEnact | 54.5% |
| HGTYHagerty | 1.8% |
| BROBrown & Brown | 17.7% |
| CRVLCorvel | 11.7% |
| WTWWillis Towers Watson Public | 15.5% |
| NPNeptune Insurance | 22.7% |
| AONAon | 22.3% |
| AJGArthur J. Gallagher | 10.0% |
| GSHDGoosehead Insurance | 8.8% |
| Peer median | 14.7% |
Where Ryan Specialty ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Ryan Specialty
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.