Ryan Specialty Holdings annual net debt
2020
2021
2022
2023
2024
2025
Ryan Specialty Holdings Net Debt Growth & History (RYAN)
Ryan Specialty Holdings's net debt was $3.37B for fiscal 2025.
View full Ryan Specialty Holdings company overviewRyan Specialty Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.37B | $448.4M | +15.34% |
| 2024 | 2024-12-31 | $2.92B | $1.61B | +122.15% |
| 2023 | 2023-12-31 | $1.32B | $151.7M | +13.03% |
| 2022 | 2022-12-31 | $1.16B | $620.8M | +114.18% |
| 2021 | 2021-12-31 | $543.7M | −$249.8M | −31.48% |
| 2020 | 2020-12-31 | $793.5M | — | — |
Ryan Specialty Holdings quarterly net debt
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.67B | $187.1M | +5.38% |
| Q1 2026 | 2026-03-31 | $3.59B | −$75.5M | −2.06% |
| Q4 2025 | 2025-12-31 | $3.37B | $448.4M | +15.34% |
| Q3 2025 | 2025-09-30 | $3.42B | $806.9M | +30.86% |
| Q2 2025 | 2025-06-30 | $3.48B | $1.95B | +127.32% |
| Q1 2025 | 2025-03-31 | $3.66B | $2.18B | +146.90% |
| Q4 2024 | 2024-12-31 | $2.92B | $1.61B | +122.15% |
| Q3 2024 | 2024-09-30 | $2.61B | $1.21B | +86.28% |
| Q2 2024 | 2024-06-30 | $1.53B | $1.32B | +638.47% |
| Q1 2024 | 2024-03-31 | $1.48B | $813.0M | +121.18% |
| Q4 2023 | 2023-12-31 | $1.32B | $151.7M | +13.03% |
| Q3 2023 | 2023-09-30 | $1.40B | $804.8M | +134.39% |
| Q2 2023 | 2023-06-30 | $207.3M | −$242.6M | −53.92% |
| Q1 2023 | 2023-03-31 | $670.9M | −$37.6M | −5.31% |
| Q4 2022 | 2022-12-31 | $1.16B | $620.8M | +114.18% |
| Q3 2022 | 2022-09-30 | $598.8M | −$424.2M | −41.46% |
| Q2 2022 | 2022-06-30 | $450.0M | −$255.6M | −36.23% |
| Q1 2022 | 2022-03-31 | $708.5M | — | — |
| Q4 2021 | 2021-12-31 | $543.7M | −$249.8M | −31.48% |
| Q3 2021 | 2021-09-30 | $1.02B | — | — |
| Q2 2021 | 2021-06-30 | $705.6M | — | — |
| Q4 2020 | 2020-12-31 | $793.5M | — | — |
Ryan Specialty Holdings net debt trends
Over the last five fiscal years, Ryan Specialty Holdings's net debt increased from $793.5M to $3.37B, a change of $2.58B. The latest reported quarter, Q2 2026, shows $3.67B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ryan Specialty Holdings source filings ↗