Ryan Specialty Group Holdings: E&S Market Dynamics

Ryan Specialty Holdings continued its robust growth trajectory in the second quarter of 2024, achieving impressive financial results with an 18.8% year-over-year increase in total revenue to $695 million, driven by robust organic growth of 14.2%. This growth is underpinned by the company’s clear focus on niche market specialization and talent. Adjusted EBITDAC saw a considerable rise of 27.6% to $248 million, while the adjusted EBITDAC margin expanded by 240 basis points to 35.6%. Adjusted diluted EPS also grew by 28.9% to $0.58 per share, reflecting strong revenue growth and cost efficiencies from the ACCELERATE 2025 program.