NYSE$RYAN

Ryan Specialty Group Holdings, Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Total revenue increased by 15.8%, with organic revenue growth of 15.4%. Net income was $29.6 million, and adjusted diluted earnings per share reached $0.29.

Ryan Specialty Group reported strong Q4 2021 results, with a 15.8% increase in total revenue to $378.5 million. Organic revenue growth was 15.4%. Net income was $29.6 million, or $0.09 per diluted share, and adjusted diluted earnings per share was $0.29. The company also initiated its 2022 outlook for organic revenue growth rate and adjusted EBITDAC margin.

  • Total Revenue grew 15.8% period-over-period to $378.5 million.
  • Organic Revenue Growth Rate was 15.4% for the quarter.
  • Net Income was $29.6 million, with Diluted Earnings per Share at $0.09.
  • Adjusted Diluted Earnings per Share for the fourth quarter of 2021 was $0.29.

Headline financials

Total Revenue

$379M

Previous: $327M+15.8%
EPS (adj)

$0.29

Previous: -$0.04+807.3%
Organic Revenue Growth

15.4%

Previous: 21.8%-29.4%
Net Income

$29.6M

Previous: -$4.37M+778.0%
Operating Income

$55.2M

Previous: $19.4M+184.1%
Cash & Equivalents

$387M

No prior period
Total Assets

$5.46B

No prior period

Revenue & EPS history

Ryan Specialty Group · Revenue · Quarterly

$379M

Q4 2021+15.8%vs Q4 2020
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Revenue by segment

Ryan Specialty Group · $378M total across 3 segments · Q4 2021

  • Wholesale Brokerage
    $256M+20.4%
  • Underwriting Management
    $74.4M+4.2%
  • Binding Authority
    $48.2M+12.1%

Forward guidance

The Company is initiating its full year 2022 outlook for both Organic Revenue Growth Rate and Adjusted EBITDAC Margin.

Tailwinds

  • Organic Revenue Growth Rate guidance for full year 2022 to be between 13.0% – 15.0%
  • Adjusted EBITDAC Margin guidance for full year 2022 to be between 28.0% – 30.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.3%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+3.5%

Avg return

30 days after

50%

9 / 18 earnings

Positive

+11.6%

Q1 2022

Best reaction

-22.5%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-10.5%-15.5%-8.6%
Q3 2025+8.1%+9.4%+14.6%
Q1 2025+3.2%+9.4%+10.4%
Q4 2024-4.7%+0.6%+3.6%
Q3 2024-5.9%-3.5%+7.7%
Q2 2024+11.3%+4.7%+4.9%
Q1 2024-1.8%-0.5%+5.9%
Q4 2023+7.8%+13.9%+17.9%
Q3 2023+2.6%+2.6%+4.5%
Q2 2023-2.0%-1.6%+11.1%
Q1 2023+2.8%+5.3%+2.1%
Q4 2022-3.8%-5.2%-7.9%
Q3 2022-22.5%-22.7%-7.0%
Q2 2022-0.6%+0.4%-5.9%
Q1 2022+11.6%+13.3%+5.6%
Q4 2021-10.7%-7.9%+0.3%
Q3 2021+7.5%+2.2%+2.3%
Q2 2021+2.4%+4.7%+1.8%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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