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Ryan Specialty Holdings (Ryan Specialty Holdings) Property, Plant and Equipment : $164 Mil (As of Mar. 2024)


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What is Ryan Specialty Holdings Property, Plant and Equipment?

Ryan Specialty Holdings's quarterly net PPE increased from Sep. 2023 ($164 Mil) to Dec. 2023 ($170 Mil) but then declined from Dec. 2023 ($170 Mil) to Mar. 2024 ($164 Mil).

Ryan Specialty Holdings's annual net PPE increased from Dec. 2021 ($100 Mil) to Dec. 2022 ($175 Mil) but then declined from Dec. 2022 ($175 Mil) to Dec. 2023 ($170 Mil).


Ryan Specialty Holdings Property, Plant and Equipment Historical Data

The historical data trend for Ryan Specialty Holdings's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Ryan Specialty Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
11.56 111.36 100.16 175.14 170.14

Ryan Specialty Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment 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 173.45 169.00 164.04 170.14 164.27

Ryan Specialty Holdings Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Ryan Specialty Holdings  (NYSE:RYAN) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Ryan Specialty Holdings Property, Plant and Equipment 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