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Ryan Specialty Holdings (Ryan Specialty Holdings) Goodwill : $1,647 Mil (As of Mar. 2024)


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What is Ryan Specialty Holdings Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Ryan Specialty Holdings's goodwill for the quarter that ended in Mar. 2024 was $1,647 Mil.


Ryan Specialty Holdings Goodwill Historical Data

The historical data trend for Ryan Specialty Holdings's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ryan Specialty Holdings Goodwill Chart

Ryan Specialty Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
528.51 1,224.20 1,309.27 1,314.98 1,646.48

Ryan Specialty Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,379.20 1,379.10 1,581.76 1,646.48 1,647.25

Ryan Specialty Holdings Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Ryan Specialty Holdings  (NYSE:RYAN) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Ryan Specialty Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1646.48/7247.209
=0.23

Ryan Specialty Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=1647.25/7116.502
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Ryan Specialty Holdings Goodwill Related Terms

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Ryan Specialty Holdings (Ryan Specialty Holdings) Business Description

Traded in Other Exchanges
N/A
Address
180 North Stetson Avenue, Suite 4600, Two Prudential Plaza, Chicago, IL, USA, 60601
Ryan Specialty Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter.
Executives
David P Bolger director 200 EST RANDOLPH ST, CHICAGO IL 60601
Anthony J Kuczinski director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Nicholas Dominic Cortezi director, officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Lisa Jo Paschal-alcorn officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Conklin officer: EVP & CHRO 500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801
Francesca Cornelli director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Brendan Martin Mulshine officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Onex Corp director 161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Timothy William Turner director, officer: President 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Patrick G Ryan director, 10 percent owner, officer: Chief Executive Officer 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Mark Stephen Katz officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Thomas Vanacker officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael D Ohalleran director 1450 WAUKEGAN ROAD, MCGAW PARK, CHICAGO IL 60085
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
Devers William J Jr director 233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601