RYAN SPECIALTY HOLDINGS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that RYAN SPECIALTY HOLDINGS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.05B | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $2.52B | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $2.08B | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $1.73B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.43B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $1.02B | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $765.11M | Mar 16, 2022 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.99B | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $2.46B | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $2.03B | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $1.71B | Feb 21, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $63.40M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $94.67M | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $61.04M | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $61.05M | Feb 21, 2025 |
| FY2021 | Dec 31, 2021 | ($7.06M) | Mar 16, 2022 |
| FY2022 | Dec 31, 2020 | $68.10M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $64.17M | Mar 16, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $493.64M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $427.81M | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $359.08M | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $289.51M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $186.62M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $158.54M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $101.04M | Mar 16, 2022 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $643.67M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $514.87M | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $477.20M | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $335.51M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $273.49M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $135.39M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $149.51M | Mar 16, 2022 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.56B | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $9.65B | Feb 13, 2026 |
| FY2024 | Dec 31, 2023 | $7.25B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $6.38B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $5.46B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $4.53B | Mar 16, 2022 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.31B | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $8.55B | Feb 13, 2026 |
| FY2024 | Dec 31, 2023 | $6.27B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $5.57B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $4.86B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $4.22B | Mar 16, 2022 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $648.07M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $627.66M | Feb 13, 2026 |
| FY2024 | Dec 31, 2023 | $559.75M | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $478.41M | Feb 28, 2024 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.23B | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $2.65B | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $1.65B | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $1.31B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.31B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $1.22B | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $528.51M | Mar 16, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $120.35M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $122.94M | Feb 13, 2026 |
| FY2024 | Dec 31, 2023 | $114.42M | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $53.99M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | ($7.06M) | Mar 1, 2023 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $158.32M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $540.20M | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $838.79M | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $992.72M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.14B | Feb 28, 2024 |
| FY2023 | Dec 31, 2020 | $895.70M | Feb 28, 2024 |
| FY2022 | Dec 31, 2019 | $402.16M | Mar 1, 2023 |
| FY2021 | Dec 31, 2018 | $338.11M | Mar 16, 2022 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.35B | Feb 13, 2026 |
| FY2024 | Dec 31, 2024 | $3.28B | Feb 21, 2025 |
| FY2023 | Dec 31, 2023 | $1.97B | Feb 28, 2024 |
| FY2022 | Dec 31, 2022 | $1.98B | Mar 1, 2023 |
| FY2021 | Dec 31, 2021 | $1.59B | Mar 16, 2022 |
| FY2021 | Dec 31, 2020 | $1.59B | Mar 16, 2022 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $62.34M | Feb 13, 2026 |
| FY2025 | Dec 31, 2024 | $80.24M | Feb 13, 2026 |
| FY2025 | Dec 31, 2023 | $0 | Feb 13, 2026 |
| FY2024 | Dec 31, 2022 | $0 | Feb 21, 2025 |