Ryan Specialty Holdings, Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Wholesale Brokerage at $1.6 billion, 53% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
|---|---|---|---|---|---|---|
| Revenue |
3,199
|
2,995
|
2,456
|
2,078
|
1,725
|
1,432
|
| Wholesale Brokerage |
1,657
+4.2%
share 51.8%
|
1,600
+7.5%
share 53.4%
|
1,489
+12.9%
share 60.6%
|
1,319
+16.8%
share 63.5%
|
1,129
+21.2%
share 65.5%
|
932
share 65.1%
|
| Underwriting Management |
1,155
+20.9%
share 36.1%
|
1,024
+58.5%
share 34.2%
|
646
+49.7%
share 26.3%
|
432
+22.8%
share 20.8%
|
352
+21.0%
share 20.4%
|
291
share 20.3%
|
| Binding Authorities |
387
+7.3%
share 12.1%
|
370
+15.5%
share 12.4%
|
320
+16.1%
share 13.0%
|
276
+19.4%
share 13.3%
|
231
+10.2%
share 13.4%
|
210
share 14.6%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Insurance Agents, Brokers & Service (SIC 6411)
- Listed as
- RYAN (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Chicago, IL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1849253
- Former names
- RYAN SPECIALTY GROUP HOLDINGS, INC. (until May 18, 2022); MAVERICK SPECIALTY, INC. (until Apr 23, 2021)
Other Insurance Agents, Brokers & Service companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.