NYSE$RYAN
Ryan Specialty Group Holdings, Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Ryan Specialty reported strong revenue growth but faced a decline in net income for Q4 2024.
Ryan Specialty Holdings reported a 24.5% year-over-year increase in revenue to $663.5 million. However, net income fell by 27.3% to $42.6 million due to higher expenses. Adjusted net income rose by 28.9% to $123.3 million, and adjusted diluted EPS increased to $0.45. The company also achieved an 11.0% organic revenue growth rate.
- Revenue grew 24.5% year-over-year to $663.5 million.
- Net income declined 27.3% to $42.6 million due to increased expenses.
- Adjusted net income increased 28.9% to $123.3 million.
- Organic revenue growth rate was 11.0% for the quarter.
Headline financials
Revenue & EPS history
Ryan Specialty Group · Revenue · Quarterly
$664M
Revenue by segment
Ryan Specialty Group · $408M total across 3 segments · Q3 2022
- Wholesale Brokerage$267M+16.6%65.6%
- Underwriting Management$84.7M+19.9%20.8%
- Binding Authority$55.6M+5.3%13.6%
Forward guidance
Ryan Specialty expects continued revenue growth in 2025, with organic revenue growth projected between 11.0% and 13.0%, and an adjusted EBITDAC margin of 32.5% to 33.5%.
Tailwinds
- Organic revenue growth guidance for FY25 is 11.0% - 13.0%.
- Adjusted EBITDAC margin projected at 32.5% - 33.5%.
- Continued expansion through M&A strategy.
- Strong demand for specialty insurance products.
- Operational efficiencies expected to support margin expansion.
Headwinds
- Higher operating expenses may impact profitability.
- Interest expenses expected to remain elevated.
- Macroeconomic uncertainties could affect growth.
- Competitive pressures in the specialty insurance market.
- Foreign exchange fluctuations could impact revenue.
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 2024
-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
| Quarter | Report date | Reaction (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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