Ryan Specialty Q3 revenue rises 20.5% to $604.7 million; net income up 82.4%
Ryan Specialty reported third quarter 2024 results, with total revenue up 20.5% year-over-year to $604.7 million and net income of $28.6 million, or $0.09 per diluted share, compared with a net loss attributable to the company in the prior-year period. The company kept its full-year 2024 outlook for organic revenue growth and Adjusted EBITDAC margin, and its board declared a regular quarterly dividend of $0.11 per share.
Key points
- Total revenue grew 20.5% to $604.7 million; organic revenue growth slowed to 11.8% from 15.0% a year earlier
- Net income rose 82.4% to $28.6 million; Adjusted diluted EPS rose 28.1% to $0.41
- Full-year 2024 guidance maintained: organic revenue growth of 13.0% to 14.0% and Adjusted EBITDAC margin of 32.0% to 32.5%
- Quarterly dividend of $0.11 per share payable November 26, 2024, to holders of record as of November 12, 2024
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.