Ryan Specialty Holdings, Inc. (RYAN)
NYSE: RYAN · Real-Time Price · USD
41.91
0.00 (0.00%)
Sep 4, 2026, 4:00 PM EDT - Market closed

Ryan Specialty Holdings Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
99.0363.494.6761.0461.0565.87
Depreciation & Amortization
312.86314.17190.09140.5132.34132.68
Other Amortization
9.669.5723.9312.1712.0511.37
Loss (Gain) From Sale of Investments
3.486.966.966.964.64-
Loss (Gain) on Equity Investments
-23.71-21.24-18.23-8.730.410.76
Stock-Based Compensation
102.11108.23109.8381.94106.31114
Other Operating Activities
154.77199.86137.01145.4493.69-21.76
Change in Accounts Receivable
-169.63-57.56-22.01-44.19-20.37-29.66
Change in Other Net Operating Assets
57.9720.28-7.3782.08-54.620.22
Operating Cash Flow
558.53643.67514.87477.2335.51273.49
Operating Cash Flow Growth
-2.24%25.02%7.89%42.23%22.68%102.00%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-65.75-70.97-47-29.78-22.76-352.94
Cash Acquisitions
-181.35-746.49-1,709-446.68--108.88
Investment in Securities
0.08-16.56----
Other Investing Activities
---0.230.343.89
Investing Cash Flow
-247.02-834.01-1,756-476.23-22.42-457.94

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,3332,545-394-
Long-Term Debt Repaid
--1,279-1,258-16.5-16.54-17.74
Net Debt Issued (Repaid)
151.3454.41,287-16.5377.46-17.74
Issuance of Common Stock
-----1,448
Repurchase of Common Stock
-329.86-37.05-27.46-8.79-7.17-967.85
Common Dividends Paid
-65.57-62.34-53.14---47.1
Dividends Paid
-65.57-62.34-53.14---47.1
Other Financing Activities
178.08123.1-12.2212.68-55.5492.12
Financing Cash Flow
-6678.121,167-12.61314.76429.28

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-1.3815.9-1.510.58-0.13-0.88
Net Cash Flow
244.12-96.34-75.53-11.05627.72243.96

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
492.78572.7467.87447.43312.76-79.45
Free Cash Flow Growth
-3.33%22.41%4.57%43.06%--
Free Cash Flow Margin
15.58%19.13%19.05%22.08%18.27%-5.55%
Free Cash Flow Per Share
3.624.143.523.561.18-0.75
Levered Free Cash Flow
584.76506.21523.28382.08258.73-18.66
Unlevered Free Cash Flow
706.78630.98604.05458.35308.0619.09

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
-----79.36
Cash Income Tax Paid
-14.3427.3316.411.236.76
Change in Working Capital
-111.66-37.28-29.3837.9-74.99-29.44
SEC Filings: 10-K · 10-Q