Stock Ratings / Financials / RYAN / financials

FNF (58) ERIE (74) EQH (56) ACT (73) ⌘ Pro Terminal →

Ryan Specialty Holdings Inc. (RYAN) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$43.84 +1.29% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $43.86

Ryan Specialty Holdings Inc. (RYAN) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

📊 Historical Track Record: Scores of 67/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.6% avg 90D alpha vs SPY) →

ROARABLE C+ • HOLD / WATCH Cap $11.07B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on RYAN Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is RYAN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Ryan Specialty Holdings Inc. (NYSE: RYAN) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 67/100 at a spot price of $43.84 (+1.29% 1D, market cap $11.07B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 12/20. Across 1096 tracked Financials issuers, RYAN ranks #202 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does RYAN compare to FNF and ERIE in the Financials sector?

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Within the Financials sector (Specialty Insurers), RYAN carries a Roarable C+ (67/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 10.3%. By comparison, FNF (Fidelity National Financial Inc.) holds a D+ grade (58/100 RQD, P/E 17.9x, ROIC 1.2%, cap $10.80B) and ERIE (Erie Indemnity Company) posts a B grade (74/100 RQD, P/E 20.7x, ROIC 24.3%, cap $11.58B). Among the 5-stock peer group, ACT leads on earnings multiple (9.8x) while ERIE leads on capital efficiency (24.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for RYAN?

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Per RYAN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001849253), Ryan Specialty Holdings Inc. generated $2.99B in revenue (+21.9% YoY), $63.4M in net income, and $508.9M in free cash flow against $10.56B in total assets and $3.29B in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $43.86 (+0.04%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 17% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 67/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.6% avg 90D alpha vs SPY • 56.4% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C+ · Rk C

Each axis scored 0–20

12M PRICE TARGET CONE+4.1% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for RYAN)Realized 20D OHLCV Swing Band: ±6.7%

Deterministic 5-Pillar Attribution (67/100 Composite)

🔍 WHY RYAN SCORES 67/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Cash Engine Quality+15/20 pts (22% of score)

SEC XBRL FY 2025 (10-K): 17% FCF Margin ($508.9M FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Whale & Options Positioning+14/20 pts (21% of score)

20D Institutional Volume Accumulation (±6.7% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution12/20 pts (-8 pt drag)

Cannibal Buyback (-1.24% YoY Shares) & executive Form 4 sales trim 8 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$37.85+13.3% Next Q

Q2 (-2Q)

Grade C+$42.89-1.2% Next Q

Q3 (-1Q)

Grade C+$42.38+3.4% Next Q

Current

Grade C+$43.84+1.6% Hist 90D α

Trajectory: C (59) → C+ (67)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the RYAN Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 67/100 (C+) score, RYAN faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-1.24% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($40.41) or 200D SMA ($38.89) invalidates the momentum regime and cuts Target Base ($45.62) toward Bear Floor ($35.58).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $RYAN• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “RYAN Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 67%NO 33%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How RYAN Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$508.9M (17% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $2.03B

FY24

Rev $2.46B

FY25

Rev $2.99B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$2.99B	52%	16.5%	$63.4M	$508.9M	10.3%
FY 2024	$2.46B	52%	17.4%	$94.7M	$404.4M	10.2%
FY 2023	$2.03B	52%	17.7%	$61.0M	$386.0M	7.7%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring RYAN)

✓Walkthrough of RYAN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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RYAN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +47.81%⚡ TESTING RESISTANCE

2026-11-02O $42.62H $43.84L $42.62C $43.84VOL 1.99M

RES: $44.61SUP: $38.07SMA50: $40.41SMA200: $38.89

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

RYAN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 RYAN Butterfly Map → + Track RYAN →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

22.5%/yr Implied 5Y Growth

vs. +21.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on RYAN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for RYAN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for RYAN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (RYAN)

Financials Rank #202 of 1096 ⚔️ FNF vs RYAN Full Matrix →

1. Head-to-Head Financials Peer Comparison (RYAN vs. FNF, ERIE, EQH, ACT)

Industry: Specialty Insurers (33 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Ryan Specialty Holdings Inc. (RYAN) ranks #202 by composite RQD confidence (67/100, grade C+) and #175 by equity capitalization ($11.07B). Within this direct 5-issuer industry benchmark cohort, ACT leads on earnings valuation at 9.8x trailing P/E, while ERIE leads on capital efficiency and profitability with 24.3% ROIC and — gross margin. ERIE currently holds the highest overall quantitative score in the immediate peer group at 74/100 (B) compared with RYAN at 67/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
RYAN ACTIVE Ryan Specialty Holdings Inc.	C+	67/100	—	—	10.3%	+1.29%	$11.07B	Benchmark Subject
FNF Fidelity National Financial Inc.	D+	58/100	17.9x	—	1.2%	+0.57%	$10.80B	/fnf-vs-ryan →
ERIE Erie Indemnity Company	B	74/100	20.7x	—	24.3%	+4.23%	$11.58B	/erie-vs-ryan →
EQH Equitable Holdings Inc.	D+	56/100	—	—	0.0%	-1.39%	$14.91B	/eqh-vs-ryan →
ACT Enact Holdings Inc.	B	73/100	9.8x	—	12.6%	-1.83%	$6.61B	/act-vs-ryan →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001849253

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Ryan Specialty Holdings Inc. (RYAN) reported GAAP revenue of $2.99B (+21.9% vs. FY2024 revenue of $2.46B , and +47.8% cumulative change since FY2023) , GAAP net income of $63.4M, operating cash flow of $643.7M, and free cash flow of $508.9M (+25.9% YoY). On the balance sheet, RYAN closed FY2025 with $10.56B in total assets against $3.29B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$2.99B	$63.4M	$643.7M	$508.9M	$10.56B	$3.29B
FY2024 (FY)	2024-12-31	$2.46B	$94.7M	$514.9M	$404.4M	$9.65B	$3.23B
FY2023 (FY)	2023-12-31	$2.03B	$61.0M	$477.2M	$386.0M	$6.09B	$1.42B

3. RYAN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is RYAN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does RYAN compare to FNF and ERIE in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for RYAN?

Where is RYAN trading relative to its 50-day, 200-day, and 52-week technical levels?

RYAN last traded at $43.84 (+1.29% on volume of 3,157,222 shares), positioning the stock +8.49% above its 50-day simple moving average ($40.41) and +12.73% above its 200-day simple moving average ($38.89). Across its 52-week range of $29.28 to $58.94, RYAN sits at the 49.1% percentile with a 14-day RSI of 59.2 (BULLISH MOMENTUM) and an implied next-earnings move of ±6.7% ($40.90 to $46.78).

RYAN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Ryan Specialty Holdings Inc. (RYAN)?

In FY 2025 (10-K), RYAN converted $3.0B of revenue into a 52% gross margin, 16.5% operating margin, and $508.9M in free cash flow (17% FCF margin).

Direct Sub-Reports: RYAN RQD Cockpit RYAN 12M Forecast RYAN Earnings & Move RYAN Dividends & DRIP RYAN Insiders & 13F RYAN Whale Options RYAN Profit Sankey RYAN News & Why

ROARABLE RATING BRIEF • RQD 67/100 (C+) ✓ STAGE-C NUMBER FIREWALL VERIFIED

RYAN — Ryan Specialty Holdings Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:16:04Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, RYAN scores 67 out of 100, a C+ grade, with the verdict "Roarable Hold — Upper Neutral / Watch for Breakout." The five pillars are: Fundamental Cash Engine at 15/20 (ROIC 10.3%; FCF yield 4.6%), Whale 13F Flow at 14/20 (institutional accumulation and options positioning), Insider Conviction at 12/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 13/20 (beta 1.04; sector sensitivity), and Forensic Balance Sheet at 13/20 (Altman Z 2.5; Piotroski F 6/9; Debt/Equity 0.5). The strongest pillar is cash generation, supported by a 4.6% FCF yield and 10.3% ROIC, which suggests the operating economics are functional rather than strained. The weakest pillar is insider conviction at 12/20, meaning the source data shows less insider-side confirmation than the other factors. Macro fit and balance sheet each sit at 13/20, indicating moderate sensitivity to sector and market conditions and a leverage profile that is serviceable but not pristine. For a prospective investor, the rating implies a balanced setup: upside depends on the cash engine continuing to convert into returns and on insider or institutional conviction strengthening, while valuation (EV/EBITDA of 23.4) and a net margin of 2.1% leave less margin for error if growth or sentiment disappoints. The label "Watch for Breakout" points to a neutral stance that is contingent on confirming signals rather than a clear directional call.

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$2994.6M	$493.6M	$63.4M	N/A	$508.9M	$158.3M	$3291.5M
FY 2024	$2455.7M	$427.8M	$94.7M	N/A	$404.4M	$540.2M	$3231.1M
FY 2023	$2026.6M	$359.1M	$61.0M	N/A	$386.0M	N/A	$1424.9M

Per the SEC financials, revenue grew from $2026.6M (FY 2023) to $2994.6M (FY 2025), while net income was $63.4M in FY 2025 versus $94.7M in FY 2024. Per the market data, the operating margin is 16.5% and the net margin is 2.1%, with ROIC at 10.3%. The Altman Z-Score is 2.5 and the Piotroski F-Score is 6/9, both per the Roarable RQD rating's forensic balance sheet pillar. Debt rose from $1424.9M in FY 2023 to $3291.5M in FY 2025, and cash fell from $540.2M in FY 2024 to $158.3M in FY 2025, while the Debt/Equity ratio is 0.5.

Recent Catalysts & News Wire Analysis

Earnings beat (GREEN, CATALYST): A headline reports that Q3 earnings and revenues beat estimates.
Price target cut (RED, RISK WATCH): A headline reports a 12-month price target cut to $47.85, which the headline states implies 29% upside.
Price move (YELLOW, MARKET WIRE): A headline reports the stock up 5.2% and still under a level the headline does not specify.
Analysis coverage (YELLOW, MARKET WIRE): A Simply Wall St analysis piece and a MarketScreener item on Q3 and nine-month results were published.
Adjusted results (YELLOW, MARKET WIRE): A headline reports Q3 adjusted earnings and revenue rising.

The Butterfly Supply-Chain Graph lists supply chain as NONE, with no butterfly links and no proprietary signals.

Open Questions

What are the company's specific products, customers, and revenue mix, given that the source data provides only sector classification?
Why is EPS and P/E not available, and what is the trailing and forward earnings base behind the 23.4 EV/EBITDA multiple?
What explains the drop in cash from $540.2M to $158.3M alongside rising debt, and how is the debt structured and maturing?
Who holds the shares, and what insider, institutional, or Congressional activity underlies the 12/20 insider and 14/20 whale-flow scores?
What supply-chain or sector linkages drive the Macro Regime Fit pillar, given that no butterfly links are mapped?

RYAN Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Ryan Specialty Holdings Inc. (RYAN) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to RYAN Debate Forum (3) ↓

🟢 CATALYST Yahoo Finance • 7h ago

Ryan Specialty Group (RYAN) Q3 Earnings and Revenues Beat Estimates

Yahoo Finance report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH TradingView • 10h ago

Ryan Specialty Holdings, Inc. Stock 12‑Month Price Target Cut to $47.85, Implies 29% Upside

TradingView report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 13h ago

Ryan Specialty Holdings Inc (RYAN) Stock Up 5.2% and Still Under

GuruFocus report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 16h ago

Ryan Specialty Holdings (NYSE:RYAN) - Stock Analysis

Simply Wall St report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE www.marketscreener.com • 19h ago

Ryan Specialty Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026

www.marketscreener.com report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 22h ago

Ryan Specialty Q3 Adjusted Earnings, Revenue Rise

Yahoo Finance report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investing.com India • 1d ago

Earnings call transcript: Ryan Specialty posts mixed Q3 2026 results as stock slips By Investing.com

Investing.com India report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE www.tokenpost.com • 1d ago

Ryan Specialty Sets Nov. 24 Payment for $0.13 Quarterly Dividend

www.tokenpost.com report covering Ryan Specialty Holdings Inc. (RYAN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

RYAN Bull vs. Bear Conversation Board — What's Your Call at $43.84?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON RYAN 🐻 50% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $46.74 (+8.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is RYAN (C+ • RQD 67/100) a Buy at $43.28?

Welcome to the RYAN (Ryan Specialty Holdings Inc.) Roar Pit. Current RQD Composite is 67/100 (Roarable Hold — Upper Neutral / Watch for Breakout) in Specialty Insurers. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

MU MultipleCompression Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $33.76 (-22.0%)

Spot @ $43.28

Pump the brakes on RYAN — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on RYAN, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Ryan Specialty Holdings Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

AL AlphaFlow_Cap Verified K Arena Trader 🐂 BULLISH 🎯 Target: $54.10 (+25.0%)

Spot @ $43.28

RYAN cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on RYAN, the market is fixating on short-term headline noise in Specialty Insurers and ignoring the balance sheet and cash flow trajectory. At $43.28 (52-wk range $29.28 - $58.94), any beat on forward guidance forces shorts and underweight funds to chase.