What is the 13F Pro Quality Score for RYAN?

13F Pro ranks RYAN SPECIALTY HOLDINGS, INC. (RYAN) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View RYAN's current score at https://13fpro.ai/company/RYAN (free sign-up required for the full ranking).

Where does 13F Pro source RYAN data?

All RYAN SPECIALTY HOLDINGS, INC. fundamentals and ownership data come directly from SEC EDGAR. RYAN SPECIALTY HOLDINGS, INC. files with the SEC under CIK 1849253. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is RYAN in?

RYAN SPECIALTY HOLDINGS, INC. (RYAN) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives RYAN's revenue?

Per RYAN SPECIALTY HOLDINGS, INC.'s latest 10-Q filed with the SEC on 2026-07-31, the biggest revenue drivers are: Wholesale Brokerage ($498.8M, +4.5% YoY); Underwriting Management ($303.8M, +12.8% YoY); Binding Authority ($100.2M, +6.0% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/RYAN.

What are RYAN's largest expenses?

RYAN SPECIALTY HOLDINGS, INC.'s latest 10-Q reports these as the largest expense items: Compensation and benefits ($531.6M, +9.6% YoY); General and administrative ($118.6M, +10.8% YoY); Amortization ($64.4M, -7.6% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is RYAN research updated on 13F Pro?

RYAN's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

RYAN SPECIALTY HOLDINGS, INC.(RYAN)Stock Analysis

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13F Pro Quality Score

58.8/100

Rank #973 of 2,961 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

76.2/100

Profitability

44.3/100

Balance Sheet

38.7/100

Earnings Quality

96.7/100

Free Cash Flow

68.9/100

Institutional Flow

77.0/100

Revenue Scale

70.8/100

Dilution Risk

37.9/100

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Why RYAN Scores 59/100

exact factor attribution · 2026-09-11

RYAN's composite is driven by revenue growth and earnings quality, held back by capital efficiency and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+7.0 pts

76th pct

Earnings quality

+4.7 pts

97th pct

Scale

+4.2 pts

71th pct

Free cash flow

+2.8 pts

69th pct

Institutional flow

+1.8 pts

77th pct

Earnings growth

-0.7 pts

40th pct

Shareholder dilution

-0.8 pts

38th pct

Profitability

-1.1 pts

44th pct

Capital efficiency

-1.5 pts

39th pct

Latest change (2026-07-31): 56 → 58 · ↑ Free cash flow 56→77; ↑ Profit margin 43→52; despite ↓ Revenue growth 82→65

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

RYAN Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for RYAN SPECIALTY HOLDINGS, INC. (RYAN), a Financials sector company. 13F Pro's AI-powered ranking engine scores RYAN at 58.8/100 on a 32-signal composite quality model, placing it at rank #973 of 2,961 stocks — the top half of the AI-ranked universe. RYAN scores in the top quartile across earnings quality (96.7), institutional flow (77.0), revenue growth (76.2). Areas of concern include balance sheet strength (38.7), which score below median versus the broader universe. Shareholder dilution risk is elevated at 37.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), RYAN SPECIALTY HOLDINGS, INC. reports quarterly revenue of $916.6M, net income of $42.3M, an operating margin of 19.7%. Top institutional holders of RYAN by reported 13-F value include BlackRock, Vulcan Value Partners, T. Rowe Price Investment Management, based on the most recent SEC filings. RYAN trades on the NYSE exchange and files with the SEC under CIK 1849253. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RYAN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for RYAN SPECIALTY HOLDINGS, INC. directly from SEC EDGAR. RYAN SPECIALTY HOLDINGS, INC.'s 13F Pro composite quality score has ranged between 48 and 66 since 2022, currently 58.8 — a stable long-term trajectory across 62 quarterly and live scoring snapshots.

What's Driving RYAN's Business? Latest 10-Q Breakdown

✓ 28/28 datapoints verified

AI-extracted from RYAN SPECIALTY HOLDINGS, INC.'s 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net commissions and fees grew 7.4% to $902.7M in Q2 2026 driven by organic growth across all three specialties, though operating income declined 5.6% to $180.3M due to $33.3M in Empower restructuring costs and increased compensation expense.

Biggest Revenue Drivers

Wholesale Brokerage$498.8M+4.5% YoY

Organic growth within specialty and acquisition contributions from JM Wilson

Underwriting Management$303.8M+12.8% YoY

Strong organic growth and contributions from recent acquisitions including Velocity and Stewart

Biggest Revenue Drivers

Total revenue: $916.6M+7.2% YoY

Wholesale Brokerage$498.8M+4.5% YoY

Organic growth within specialty and acquisition contributions from JM Wilson

Underwriting Management$303.8M+12.8% YoY

Strong organic growth and contributions from recent acquisitions including Velocity and Stewart

Binding Authority$100.2M+6.0% YoY

Organic growth and contributions from JM Wilson acquisition

Fiduciary investment income$13.9M-2.8% YoY

Decline in interest rates compared to prior year

Largest Expense Items

Compensation and benefits$531.6M+9.6% YoY

Addition of 479 employees, growth-driven salary increases, and $11.6M restructuring expense under Empower program

General and administrative$118.6M+10.8% YoY

Growth-related expenses and $21.8M Empower restructuring costs including $12.0M software impairment

Amortization$64.4M-7.6% YoY

Accelerated amortization of customer relationships declines over time

Margins: Compensation and benefits expense ratio increased 130 basis points to 58.0% due to headcount growth, increased commissions, and restructuring costs. General and administrative expense ratio increased 40 basis points to 12.9%, with benefits from acquisition deleveraging offset by the Empower program restructuring expenses.

Watch Items from the Filing

Empower restructuring program targeting $160M in cumulative one-time charges through 2028 with expected $80M annual savings by 2029; $39.3M incurred YTD through Q2 2026.
Organic revenue growth decelerated from 9.6% in Q2 2025 to 6.7% in Q2 2026; property portfolio decline driven by rate reductions and retailers placing coverage directly.
Operating income declined 5.6% YoY despite 7.2% revenue growth, demonstrating operating leverage pressure from restructuring and compensation investments.
Contingent consideration liabilities of $153.4M as of June 30, 2026, with $43.8M projected for payment in 2026 and $106.5M in 2027.
Company repurchased 9.1M shares for $300.2M in H1 2026; Board approved additional $300M increase to repurchase program bringing total authorization to $600M.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$916.6M

Net Income

Q2 2026

$42.3M

Free Cash Flow

Q2 2026

$291.5M

Operating Margin

Q2 2026

19.7%

ROIC

Q2 2026

17.4%

D/E Ratio

Q2 2026

7.13

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+21.3% YoY

$3.05BFY 2025

FY22 $1.73BFY23 $2.08BFY24 $2.52BFY25 $3.05B

Net Income

-33.0% YoY

$63.4MFY 2025

FY22 $61.1MFY23 $61.0MFY24 $94.7MFY25 $63.4M

Operating Income

+15.4% YoY

$493.6MFY 2025

FY22 $289.5MFY23 $359.1MFY24 $427.8MFY25 $493.6M

Total Assets

+9.5% YoY

$10.56BFY 2025

FY22 $6.38BFY23 $7.25BFY24 $9.65BFY25 $10.56B

Total Debt

+2.1% YoY

$3.35BFY 2025

FY22 $2.01BFY23 $2.01BFY24 $3.28BFY25 $3.35B

Op. Cash Flow

+25.0% YoY

$643.7MFY 2025

FY22 $335.5MFY23 $477.2MFY24 $514.9MFY25 $643.7M

Free Cash Flow

+24.4% YoY

$640.7MFY 2025

FY22 $327.8MFY23 $477.2MFY24 $514.9MFY25 $640.7M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.05B +21.3%	$2.52B +21.1%	$2.08B +20.4%	$1.73B +20.4%	$1.43B +40.7%	$1.02B
Net Income	$63.4M -33.0%	$94.7M +55.1%	$61.0M -0.0%	$61.1M -7.3%	$65.9M -3.3%	$68.1M
Operating Income	$493.6M +15.4%	$427.8M +19.1%	$359.1M +24.0%	$289.5M +55.1%	$186.6M +17.7%	$158.5M
Total Assets	$10.56B +9.5%	$9.65B +33.2%	$7.25B +13.5%	$6.38B +16.9%	$5.46B +20.5%	$4.53B
Total Debt	$3.35B +2.1%	$3.28B +63.6%	$2.01B -0.0%	$2.01B +24.4%	$1.61B +0.6%	$1.60B
Operating Cash Flow	$643.7M +25.0%	$514.9M +7.9%	$477.2M +42.2%	$335.5M +22.7%	$273.5M +102.0%	$135.4M
Free Cash Flow	$640.7M +24.4%	$514.9M +7.9%	$477.2M +45.6%	$327.8M +570.5%	$-69.7M -153.5%	$130.2M

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Available Research

13F Pro tracks comprehensive data for RYAN SPECIALTY HOLDINGS, INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of RYAN

BlackRock, Inc.
$396.3M10,494,326 sh
Vulcan Value Partners, LLC
$298.8M7,912,669 sh
T. Rowe Price Investment Management, Inc.
$250.2M6,625,372 sh
Orbis Allan Gray Ltd
$238.2M6,307,845 sh
Neuberger Berman Group LLC
$210.5M5,572,840 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$198.9M5,266,873 sh
VANGUARD CAPITAL MANAGEMENT LLC
$197.0M5,218,054 sh
FMR LLC
$193.7M5,130,211 sh
STATE STREET CORP
$139.9M3,706,058 sh
Polar Capital Holdings Plc
$111.0M2,940,000 sh

Fund	Value	Shares
BlackRock, Inc.	$396.3M	10,494,326
Vulcan Value Partners, LLC	$298.8M	7,912,669
T. Rowe Price Investment Management, Inc.	$250.2M	6,625,372
Orbis Allan Gray Ltd	$238.2M	6,307,845
Neuberger Berman Group LLC	$210.5M	5,572,840
VANGUARD PORTFOLIO MANAGEMENT LLC	$198.9M	5,266,873
VANGUARD CAPITAL MANAGEMENT LLC	$197.0M	5,218,054
FMR LLC	$193.7M	5,130,211
STATE STREET CORP	$139.9M	3,706,058
Polar Capital Holdings Plc	$111.0M	2,940,000

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Is RYAN a good stock to buy?

13F Pro's AI-powered analysis of RYAN SPECIALTY HOLDINGS, INC. (RYAN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RYAN are available on the RYAN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. RYAN is classified as a mid company.

Which hedge funds own RYAN?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RYAN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of RYAN SPECIALTY HOLDINGS, INC.'s investment landscape.