Ryan Specialty Holdings, Inc. (RYAN) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
RYAN Revenue Growth
Revenue Breakdown (FY 2025)
RYAN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RYAN Revenue Analysis (2019–2025)
As of May 8, 2026, Ryan Specialty Holdings, Inc. (RYAN) generated trailing twelve-month (TTM) revenue of $3.16 billion, reflecting strong growth of +15.2% year-over-year. The most recent quarter (Q1 2026) recorded $795.2 million in revenue, up 5.9% sequentially.
Looking at the longer-term picture, RYAN's 5-year compound annual growth rate (CAGR) stands at +24.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $3.05 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RYAN's business is primarily driven by Wholesale Brokerage (53%), Underwriting Management (34%), and Binding Authorities (12%). With over half of revenue concentrated in Wholesale Brokerage, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including BWIN (+14.8% YoY), ACGL (+14.3% YoY), and ERIE (+10.8% YoY), RYAN has outperformed the peer group in terms of revenue growth. Compare RYAN vs BWIN →
RYAN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RYANCurrent | $3.2B | +15.2% | +24.5% | 20.5% | |
 BWIN | $1.5B | +14.8% | +45.4% | 7.3% | |
 ACGL | $19.9B | +14.3% | +19.2% | 25.0% | |
 ERIE | $4.1B | +10.8% | +9.9% | 17.7% | |
 AON | $17.2B | +6.9% | +9.2% | 25.3% | |
 MMC | $24.5B | +10.5% | +8.0% | 23.8% |
RYAN Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.05B | +21.3% | $2.76B | 90.6% | $625.2M | 20.5% |
| 2024 | $2.52B | +21.1% | $2.52B | 100.0% | $272.6M | 10.8% |
| 2023 | $2.08B | +20.4% | $2.08B | 100.0% | $237.9M | 11.5% |
| 2022 | $1.73B | +20.4% | $1.73B | 100.0% | $179.2M | 10.4% |
| 2021 | $1.43B | +40.7% | $1.43B | 100.0% | $61.6M | 4.3% |
| 2020 | $1.02B | +33.1% | $1.02B | 100.0% | $79.5M | 7.8% |
| 2019 | $765.1M | - | $765.1M | 100.0% | $68.0M | 8.9% |
See RYAN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs RYAN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare RYAN vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonRYAN — Frequently Asked Questions
Quick answers to the most common questions about buying RYAN stock.
Is RYAN's revenue growth accelerating or slowing?
RYAN revenue is accelerating at +15.2% year-over-year, exceeding the 5-year CAGR of +24.5%. TTM revenue reached $3.2B. Growth momentum has increased versus prior periods.
What is RYAN's long-term revenue growth rate?
Ryan Specialty Holdings, Inc.'s 5-year revenue CAGR of +24.5% reflects the sustained expansion pattern. Current YoY growth of +15.2% is above this long-term average.
How is RYAN's revenue distributed by segment?
RYAN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.