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Ryan Specialty Holdings (Ryan Specialty Holdings) Net Income : $64 Mil (TTM As of Mar. 2024)


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What is Ryan Specialty Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Ryan Specialty Holdings's Net Income for the three months ended in Mar. 2024 was $17 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $64 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ryan Specialty Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.06.


Ryan Specialty Holdings Net Income Historical Data

The historical data trend for Ryan Specialty Holdings's Net Income 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 Net Income Chart

Ryan Specialty Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
64.17 68.10 65.87 61.05 61.04

Ryan Specialty Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income 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 13.16 30.08 -5.05 22.85 16.54

Ryan Specialty Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Ryan Specialty Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=237.925+-43.445+0+-133.443
=61

Ryan Specialty Holdings's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=47.103+-6.426+0+-24.142
=17

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $64 Mil.

* 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.


Ryan Specialty Holdings  (NYSE:RYAN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Ryan Specialty Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Ryan Specialty Holdings Net Income 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