Ryan Specialty presents growth strategy targeting modest margin expansion
RYAN•Ryan Specialty targets modest margin expansion in most years through its Empower efficiency program while continuing growth investments. Revenue was $3.25 billion for the 12 months ended September 30, 2026, and adjusted EBITDAC was $1.03 billion.
1. Growth and margins
Ryan Specialty said it aims for modest margin expansion in most years through its Empower efficiency program while continuing to invest for growth. Revenue reached $3.25 billion for the 12 months ended September 30, 2026, and adjusted EBITDAC totaled $1.03 billion.
2. Capital priorities
Organic revenue growth was 7.3% in the first nine months of 2026, compared with 10.1% for full-year 2025. Growth investments remain the first priority for discretionary capital, with residual cash returned to shareholders; the company had $150 million remaining under its $600 million share repurchase authorization as of September 30, 2026.
