The earnings call reflected an overall positive sentiment with strong revenue growth, successful M&A activity, and improved profitability. Despite challenges in property pricing and transportation risk, the company showed resilience and strategic positioning for future growth.
Company Guidance
In the Q3 2024 earnings call for Ryan Specialty Holdings, the company reported a 20.5% increase in total revenue, with organic revenue growth of 11.8%. Adjusted EBITDA rose by 29.4% to $190 million, and the adjusted EBITDAC margin expanded by 220 basis points to 31.5%. Diluted EPS also saw a significant increase of 28% to $0.41 per share. The company maintained its full-year organic revenue growth guidance of 13.0% to 14.0% and an adjusted EBITDAC margin guide range of 32.0% to 32.5%. Ryan Specialty executed several acquisitions, contributing approximately 7 percentage points to the top line, and expects these to bolster long-term growth. The firm highlighted strong performance in its wholesale brokerage and delegated authority specialties, with meaningful contributions from acquisitions and robust new business flow, especially in casualty lines. Despite some challenges in property pricing, the company remains optimistic about its growth prospects, supported by a disciplined M&A strategy and a focus on operational excellence.
Strong Revenue Growth
Total revenue grew by 20.5% to $605 million with organic revenue growth of 11.8%.
Successful M&A Activity
Several acquisitions completed, including U.S. Assure and Innovisk, contributing to long-term growth.
Profitability Improvements
Adjusted EBITDA grew 29.4% to $190 million and EBITDAC margin expanded by 220 basis points to 31.5%.
Casualty Practice Growth
Casualty practice experienced excellent growth driven by higher loss costs and social inflation.
Operational Excellence
Accelerate 2025 program is expected to achieve $60 million in savings by 2025.
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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
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
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RYAN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2024
$68.85
$65.77
-4.47%
Aug 01, 2024
$62.31
$68.35
+9.69%
May 02, 2024
$52.67
$51.23
-2.73%
Feb 27, 2024
$46.70
$50.18
+7.45%
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.
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FAQ
When does Ryan Specialty Group (RYAN) report earnings?
Ryan Specialty Group (RYAN) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Ryan Specialty Group (RYAN) earnings time?
Ryan Specialty Group (RYAN) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.