Ryan Specialty Group Holdings Inc (RYAN) - Net Assets
Based on the latest financial reports, Ryan Specialty Group Holdings Inc (RYAN) has net assets worth $1.22 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.01 Billion) and total liabilities ($9.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RYAN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.22 Billion |
| % of Total Assets | 11.07% |
| Annual Growth Rate | 64.54% |
| 5-Year Change | 110.84% |
| 10-Year Change | N/A |
| Growth Volatility | 267.51 |
Ryan Specialty Group Holdings Inc - Net Assets Trend (2019–2025)
This chart illustrates how Ryan Specialty Group Holdings Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Ryan Specialty Group Holdings Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ryan Specialty Group Holdings Inc (2019–2025)
The table below shows the annual net assets of Ryan Specialty Group Holdings Inc from 2019 to 2025. For live valuation and market cap data, see market cap of Ryan Specialty Group Holdings Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.25 Billion | +14.18% |
| 2024-12-31 | $1.10 Billion | +12.11% |
| 2023-12-31 | $979.64 Million | +19.79% |
| 2022-12-31 | $817.81 Million | +37.50% |
| 2021-12-31 | $594.78 Million | +736.65% |
| 2020-12-31 | $71.09 Million | +12.56% |
| 2019-12-31 | $63.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ryan Specialty Group Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29410000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $120.35 Million | 18.57% |
| Common Stock | $265.00K | 0.04% |
| Other Comprehensive Income | $13.85 Million | 2.14% |
| Other Components | $513.61 Million | 79.25% |
| Total Equity | $648.07 Million | 100.00% |
Ryan Specialty Group Holdings Inc Competitors by Market Cap
The table below lists competitors of Ryan Specialty Group Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Shenling Environmental Systems Co. Ltd.
SHE:301018
|
$4.53 Billion |
|
CSW Industrials, Inc.
NYSE:CSW
|
$4.53 Billion |
|
Shenzhen Vital New Material Co. Ltd.
SHE:301319
|
$4.53 Billion |
|
AAC TECHNOLOG.HLDG.ADR/
F:A2X
|
$4.53 Billion |
|
Indofood Cbp Sukses Makmur Tbk
JK:ICBP
|
$4.53 Billion |
|
Kulicke and Soffa Industries Inc
F:KU1
|
$4.53 Billion |
|
Eastern Bankshares Inc
NASDAQ:EBC
|
$4.53 Billion |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961
|
$4.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ryan Specialty Group Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,098,285,000 to 648,073,000, a change of -450,212,000 (-41.0%).
- Net income of 63,399,000 contributed positively to equity growth.
- Dividend payments of 62,339,000 reduced retained earnings.
- Share repurchases of 3,733,000 reduced equity.
- Other comprehensive income increased equity by 15,641,000.
- Other factors decreased equity by 463,180,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.40 Million | +9.78% |
| Dividends Paid | $62.34 Million | -9.62% |
| Share Repurchases | $3.73 Million | -0.58% |
| Other Comprehensive Income | $15.64 Million | +2.41% |
| Other Changes | $-463.18 Million | -71.47% |
| Total Change | $- | -40.99% |
Book Value vs Market Value Analysis
This analysis compares Ryan Specialty Group Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 57.95x to 15.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.60 | $34.97 | x |
| 2020-12-31 | $0.66 | $34.97 | x |
| 2021-12-31 | $5.63 | $34.97 | x |
| 2022-12-31 | $3.02 | $34.97 | x |
| 2023-12-31 | $3.60 | $34.97 | x |
| 2024-12-31 | $3.98 | $34.97 | x |
| 2025-12-31 | $2.33 | $34.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ryan Specialty Group Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 16.30x
- Recent ROE (9.78%) is below the historical average (34.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 99.85% | 8.39% | 0.35x | 34.08x | $57.74 Million |
| 2020 | 97.58% | 6.69% | 0.22x | 64.90x | $61.12 Million |
| 2021 | 11.08% | 4.60% | 0.26x | 9.18x | $6.40 Million |
| 2022 | 7.47% | 3.54% | 0.27x | 7.81x | $-20.73 Million |
| 2023 | 6.23% | 2.94% | 0.29x | 7.40x | $-36.93 Million |
| 2024 | 8.62% | 3.76% | 0.26x | 8.79x | $-15.16 Million |
| 2025 | 9.78% | 2.08% | 0.29x | 16.30x | $-1.41 Million |
Industry Comparison
This section compares Ryan Specialty Group Holdings Inc's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $2,637,240,171
- Average return on equity (ROE) among peers: 12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ryan Specialty Group Holdings Inc (RYAN) | $1.22 Billion | 99.85% | 8.03x | $4.53 Billion |
| Enact Holdings Inc (ACT) | $4.11 Billion | 13.32% | 0.44x | $5.92 Billion |
| Assured Guaranty Ltd (AGO) | $1.93 Billion | 3.58% | 1.37x | $3.37 Billion |
| Ambac Financial Group Inc (AMBC) | $1.65 Billion | -20.00% | 13.10x | $393.43 Million |
| AMERISAFE Inc (AMSF) | $266.60 Million | 16.45% | 3.21x | $585.80 Million |
| AXIS Capital Holdings Ltd (AXS) | $4.46 Billion | 8.68% | 2.20x | $7.78 Billion |
| Employers Holdings Inc (EIG) | $303.78 Million | 56.48% | 9.52x | $766.39 Million |
| Essent Group Ltd (ESNT) | $1.94 Billion | 19.57% | 0.38x | $5.65 Billion |
| First American Corporation (FAF) | $4.69 Billion | 5.61% | 3.19x | $6.98 Billion |
| Fidelity National Financial Inc (FNF) | $6.90 Billion | 9.42% | 2.10x | $12.60 Billion |
| Investors Title Company (ITIC) | $137.56 Million | 7.03% | 0.44x | $467.88 Million |
About Ryan Specialty Group Holdings Inc
Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally. The company offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a ma… Read more