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Ryan Specialty Holdings, Inc.. (RYAN) Stock Fundamental Analysis & AI Rating 2026

RYAN NYSE Insurance Agents, Brokers & Service DE CIK: 0001849253
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
85% Confidence
N/A
SELL
85% Conf
Pending
Analysis scheduled

📊 RYAN Key Takeaways

Revenue: $795.2M
Net Margin: 2.2%
Free Cash Flow: $-167.4M
Current Ratio: 1.02x
Debt/Equity: 5.55x
EPS: $0.00
AI Rating: SELL with 85% confidence
Ryan Specialty Holdings, Inc.. (RYAN) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $795.2M, net profit margin of 2.2%, and return on equity (ROE) of 2.8%, Ryan Specialty Holdings, Inc.. demonstrates mixed fundamentals in the Finance sector. Below is our complete RYAN stock analysis for 2026.

Is Ryan Specialty Holdings, Inc.. (RYAN) a Good Investment?

Claude

Ryan Specialty Holdings presents severe financial distress signals with negative operating cash flow of -$167.4M while carrying $3.5B in debt and 1.6x interest coverage—an unsustainable combination. Stagnant growth (1.9% revenue, 0% net income), depressed profitability metrics (2.2% net margin, 2.8% ROE), and dangerously high leverage (5.55x D/E) indicate fundamental weakness in the business model.

Why Buy Ryan Specialty Holdings, Inc.. Stock? RYAN Key Strengths

Claude
  • + Operating margin of 11.9% demonstrates core business profitability at transactional level
  • + Maintains $154.7M cash position providing near-term liquidity buffer
  • + Insurance broker/agent segment offers recurring revenue characteristics

RYAN Stock Risks: Ryan Specialty Holdings, Inc.. Investment Risks

Claude
  • ! Negative operating cash flow of -$167.4M is unsustainable with $3.5B debt load and indicates severe working capital or earnings quality issues
  • ! Extreme leverage at 5.55x debt-to-equity with only 1.6x interest coverage creates acute refinancing and default risk
  • ! Revenue growth nearly flat at 1.9% with zero net income growth signals deteriorating competitive position and demand weakness
  • ! Tight current ratio of 1.02x combined with negative FCF limits operational flexibility during economic downturns

Key Metrics to Watch

Claude
  • * Operating cash flow trend (critical inflection point)
  • * Debt refinancing schedule and covenant compliance
  • * Working capital components explaining earnings-to-cash conversion gap
  • * Revenue growth acceleration and gross margin sustainability
  • * Interest coverage ratio and debt service capacity

Ryan Specialty Holdings, Inc.. (RYAN) Financial Metrics & Key Ratios

Revenue
$795.2M
Net Income
$17.6M
EPS (Diluted)
$0.00
Free Cash Flow
$-167.4M
Total Assets
$11.0B
Cash Position
$154.7M

💡 AI Analyst Insight

Ryan Specialty Holdings, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

RYAN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 11.9%
Net Margin 2.2%
ROE 2.8%
ROA 0.2%
FCF Margin -21.1%

RYAN vs Finance Sector: How Ryan Specialty Holdings, Inc.. Compares

How Ryan Specialty Holdings, Inc.. compares to Finance sector averages

Net Margin
RYAN 2.2%
vs
Sector Avg 25.0%
RYAN Sector
ROE
RYAN 2.8%
vs
Sector Avg 12.0%
RYAN Sector
Current Ratio
RYAN 1.0x
vs
Sector Avg 1.2x
RYAN Sector
Debt/Equity
RYAN 5.6x
vs
Sector Avg 2.0x
RYAN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ryan Specialty Holdings, Inc.. Stock Overvalued? RYAN Valuation Analysis 2026

Based on fundamental analysis, Ryan Specialty Holdings, Inc.. shows some fundamental concerns relative to the Finance sector in 2026.

Return on Equity
2.8%
Sector avg: 12%
Net Profit Margin
2.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
5.55x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ryan Specialty Holdings, Inc.. Balance Sheet: RYAN Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
1.02x
Debt/Equity
5.55x
Debt/Assets
88.9%
Interest Coverage
1.56x
Long-term Debt
$3.5B

RYAN Revenue & Earnings Growth: 5-Year Financial Trend

RYAN 5-year financial data: Year 2024: Revenue $2.5B, Net Income $61.1M, EPS N/A. Year 2025: Revenue $3.0B, Net Income $61.0M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ryan Specialty Holdings, Inc..'s revenue has grown significantly by 22% over the 5-year period, indicating strong business expansion.

RYAN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-21.1%
Free cash flow / Revenue

RYAN Quarterly Earnings & Performance

Quarterly financial performance data for Ryan Specialty Holdings, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $676.1M $17.6M N/A
Q3 2025 $588.1M $17.6M N/A
Q2 2025 $680.2M $24.3M N/A
Q1 2025 $537.9M $16.5M N/A
Q3 2024 $487.3M -$5.0M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ryan Specialty Holdings, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$167.4M
Cash generated from operations
Stock Buybacks
$40.0M
Shares repurchased (TTM)
Dividends Paid
$16.7M
Returned to shareholders

RYAN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ryan Specialty Holdings, Inc.. (CIK: 0001849253)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 4 xslF345X06/wk-form4_1778103196.xml View →
May 6, 2026 4 xslF345X06/wk-form4_1778103134.xml View →
May 6, 2026 4 xslF345X06/wk-form4_1778103050.xml View →
May 6, 2026 4 xslF345X06/wk-form4_1778102968.xml View →
May 6, 2026 4 xslF345X06/wk-form4_1778102880.xml View →

Frequently Asked Questions about RYAN

What is the AI rating for RYAN?

Ryan Specialty Holdings, Inc.. (RYAN) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RYAN's key strengths?

Claude: Operating margin of 11.9% demonstrates core business profitability at transactional level. Maintains $154.7M cash position providing near-term liquidity buffer.

What are the risks of investing in RYAN?

Claude: Negative operating cash flow of -$167.4M is unsustainable with $3.5B debt load and indicates severe working capital or earnings quality issues. Extreme leverage at 5.55x debt-to-equity with only 1.6x interest coverage creates acute refinancing and default risk.

What is RYAN's revenue and growth?

Ryan Specialty Holdings, Inc.. reported revenue of $795.2M.

Does RYAN pay dividends?

Ryan Specialty Holdings, Inc.. pays dividends, with $16.7M distributed to shareholders in the trailing twelve months.

Where can I find RYAN SEC filings?

Official SEC filings for Ryan Specialty Holdings, Inc.. (CIK: 0001849253) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RYAN's EPS?

Ryan Specialty Holdings, Inc.. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is RYAN a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Ryan Specialty Holdings, Inc.. has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is RYAN stock overvalued or undervalued?

Valuation metrics for RYAN: ROE of 2.8% (sector avg: 12%), net margin of 2.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy RYAN stock in 2026?

Our dual AI analysis gives Ryan Specialty Holdings, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RYAN's free cash flow?

Ryan Specialty Holdings, Inc..'s operating cash flow is $-167.4M, with capital expenditures of $0.0. FCF margin is -21.1%.

How does RYAN compare to other Finance stocks?

Vs Finance sector averages: Net margin 2.2% (avg: 25%), ROE 2.8% (avg: 12%), current ratio 1.02 (avg: 1.2).

Is Ryan Specialty Holdings, Inc.. carrying too much debt?

RYAN has a debt-to-equity ratio of 5.55x, which is above the Finance sector average of 2x. However, the current ratio of 1.02 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI