Ryan Specialty Holdings annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Ryan Specialty Holdings Free Cash Flow (FCF) History (RYAN)
Ryan Specialty Holdings reported $640.7M in free cash flow for fiscal 2025, an increase of 24.43% from the previous fiscal year, with a free cash flow margin of 21.39%.
View full Ryan Specialty Holdings company overviewRyan Specialty Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $640.7M | $125.8M | +24.43% | +21.39% |
| 2024 | 2024-12-31 | $514.9M | $37.7M | +7.89% | +20.97% |
| 2023 | 2023-12-31 | $477.2M | $149.4M | +45.58% | +23.55% |
| 2022 | 2022-12-31 | $327.8M | $397.5M | — | +19.15% |
| 2021 | 2021-12-31 | −$69.7M | −$199.8M | — | −4.86% |
| 2020 | 2020-12-31 | $130.2M | −$19.3M | −12.88% | +12.80% |
| 2019 | 2019-12-31 | $149.4M | — | — | +19.70% |
Ryan Specialty Holdings quarterly free cash flow
Q3.20
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $291.5M | −$62.1M | −17.57% | +32.29% |
| Q1 2026 | 2026-03-31 | −$167.4M | −$23.9M | — | −21.38% |
| Q4 2025 | 2025-12-31 | $263.2M | $3.6M | +1.39% | +35.67% |
| Q3 2025 | 2025-09-30 | $167.3M | $66.4M | +65.75% | +22.62% |
| Q2 2025 | 2025-06-30 | $353.6M | $82.8M | +30.56% | +42.05% |
| Q1 2025 | 2025-03-31 | −$143.5M | −$26.9M | — | −21.22% |
| Q4 2024 | 2024-12-31 | $259.6M | $325.7M | — | +39.98% |
| Q3 2024 | 2024-09-30 | $100.9M | — | — | +17.16% |
| Q2 2024 | 2024-06-30 | $270.8M | — | — | +39.81% |
| Q1 2024 | 2024-03-31 | −$116.5M | — | — | −21.67% |
| Q3 2020 | 2020-09-30 | −$66.1M | — | — | −27.91% |
Ryan Specialty Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $130.2M to $640.7M, a compound annual growth rate of 37.54%. Ryan Specialty Holdings's latest reported quarter, Q2 2026, generated $291.5M in free cash flow, a decrease of 17.57% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Ryan Specialty Holdings filings at SEC.gov ↗