COMP <GO>
RYAN vs FNF // FORWARD P/E MULTIPLE
Ryan Specialty Holdings Inc. (NYSE) VS. Fidelity National Financial Inc. (NYSE) • 15-METRIC TALLY: RYAN 5
— FNF 6
■ METRIC PARITY
LAST: $43.84 (+1.29%) • MKT CAP: $11.07B
forward-pe
—
LAST: $40.51 (+0.57%) • MKT CAP: $10.80B
forward-pe
16.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RYAN VS. FNF)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RYAN | FNF | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.30% | 1.20% | +9.10 | RYAN | /roic <GO> |
| EV/EBITDA & P/E Valuation | 23.4x | 61.6x | -38.20 | RYAN | /valuation <GO> |
| Free Cash Flow Yield | 4.60% | 22.00% | -17.40 | FNF | /fcf-yield <GO> |
| Operating Margin | 16.50% | 35.00% | -18.50 | FNF | /operating-margins <GO> |
| Net Profit Margin | 2.10% | 28.70% | -26.60 | FNF | /net-margins <GO> |
| Revenue Growth (YoY) | 21.90% | 9.10% | +12.80 | RYAN | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.55% | 5.05% | -4.50 | FNF | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | FNF | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 59.2 | 47.3 | +11.90 | RYAN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.04 | 1.08 | -0.04 | FNF | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | 16.6x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $11.07B | $10.80B | $268.9M | RYAN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RYAN REV | FNF REV | RYAN GROSS % | FNF GROSS % | RYAN FCF | FNF FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.99B | $2.10B | — | — | $508.9M | $5.73B |
| FY 2024 | $2.46B | $1.92B | — | — | $404.4M | $6.73B |
| FY 2023 | $2.03B | $1.86B | — | — | $386.0M | $6.39B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RYAN // BETA 1.04
FNF // BETA 1.08