Ryan Specialty Q4 revenue up 24.5% to $663.5 million; GAAP net income down 27.3%
Ryan Specialty reported fourth-quarter 2024 revenue of $663.5 million, up 24.5% from a year earlier, while GAAP net income fell 27.3% to $42.6 million. The company also issued 2025 outlook for organic revenue growth of 11.0% to 13.0% and adjusted EBITDAC margin of 32.5% to 33.5%, and raised its quarterly dividend 9.1% to $0.12 per share.
Key points
- Q4 2024 revenue rose 24.5% to $663.5 million; organic revenue growth was 11.0%.
- GAAP net income fell 27.3% to $42.6 million; diluted EPS was $0.10 versus $0.18 a year earlier.
- Adjusted diluted EPS rose 28.6% to $0.45, compared with $0.35 in the prior-year period.
- Quarterly dividend raised 9.1% to $0.12 per share, payable March 18, 2025, to holders of record on March 4, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 February 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.