The earnings call highlighted strong revenue growth driven by M&A and strategic partnerships, with significant advancements in casualty market performance and strategic relationships. However, these positives were tempered by a significant decline in property pricing, challenges in the construction sector, and pressure on EBITDAC margins due to ongoing investments and property pricing declines.

Company Guidance

During the Ryan Specialty Holdings second quarter 2025 earnings call, management outlined several key metrics and strategic initiatives. The company reported a 23% increase in total revenue, driven by 7.1% organic growth and an additional 13 percentage points from M&A activities. Adjusted EBITDAC rose by 24.5% to $308 million, with a margin expansion of 50 basis points to 36.1%. Adjusted earnings per share increased by 13.8% to $0.66. Despite challenges in the property market, particularly a rapid decline in property pricing, the company remains committed to delivering double-digit organic growth for the full year. The robust M&A activity, including recent acquisitions such as USQRisk and 360° Underwriting, has significantly expanded the company's market capabilities. Additionally, Ryan Specialty has strengthened its strategic alliance with Nationwide Mutual, notably through a deal involving reinsurance renewal rights from Markel. This, alongside investments in innovative solutions, positions the company for long-term growth. Management also highlighted a revised organic revenue growth guidance of 9% to 11% for the full year, reflecting ongoing market challenges.

Strong Revenue Growth

Total revenue grew by 23% to $855 million, with organic revenue growth of 7.1% and M&A contributing 13 percentage points to the top line. Adjusted EBITDAC grew 24.5% to $308 million, and adjusted earnings per share increased by 13.8% to $0.66.

Successful M&A Activity

Closed acquisitions of USQRisk, 360° Underwriting, and JM Wilson, which contributed significantly to the top line and expanded the company's market presence and capabilities.

Expansion of Strategic Relationships

Extended strategic alliances, including the expansion with Nationwide Mutual and the addition of reinsurance renewal rights from Markel. These initiatives are expected to create new business opportunities and revenue growth starting in 2026.

Casualty Growth and High Retention

Strong performance in the casualty market with high new business and renewal retention, particularly in areas like transportation, public entities, and consumer product liability.

Ryan Specialty Group (RYAN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RYAN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.48 / -	0.41	―	―	―
Jul 31, 2025	2025 (Q2)	0.65 / 0.66	0.58	13.79% (+0.08)
May 01, 2025	2025 (Q1)	0.39 / 0.39	0.35	11.43% (+0.04)	―
Feb 20, 2025	2024 (Q4)	0.45 / 0.45	0.35	28.57% (+0.10)	―
Oct 30, 2024	2024 (Q3)	0.41 / 0.41	0.32	28.12% (+0.09)	―
Aug 01, 2024	2024 (Q2)	0.56 / 0.58	0.45	28.89% (+0.13)	―
May 02, 2024	2024 (Q1)	0.35 / 0.35	0.26	34.62% (+0.09)	―
Feb 27, 2024	2023 (Q4)	0.34 / 0.35	0.27	29.63% (+0.08)	―
Nov 02, 2023	2023 (Q3)	0.31 / 0.32	0.25	28.00% (+0.07)	―
Aug 03, 2023	2023 (Q2)	0.44 / 0.45	0.39	15.38% (+0.06)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RYAN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$61.06	$57.73	-5.45%
May 01, 2025	$64.57	$66.62	+3.17%
Feb 20, 2025	$68.22	$65.02	-4.69%
Oct 30, 2024	$68.48	$65.41	-4.48%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ryan Specialty Group (RYAN) report earnings?

Ryan Specialty Group (RYAN) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Ryan Specialty Group (RYAN) earnings time?

Ryan Specialty Group (RYAN) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RYAN EPS forecast?

RYAN EPS forecast for the fiscal quarter 2025 (Q3) is 0.48.

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