Ryan Specialty Holdings reported a 24.5% year-over-year increase in revenue to $663.5 million. However, net income fell by 27.3% to $42.6 million due to higher expenses. Adjusted net income rose by 28.9% to $123.3 million, and adjusted diluted EPS increased to $0.45. The company also achieved an 11.0% organic revenue growth rate.
Ryan Specialty Group reported a strong third quarter in 2024, with revenue increasing by 20.5% year-over-year to $604.7 million and organic revenue growth of 11.8%. Net income also saw a significant increase of 82.4% to $28.6 million, with adjusted diluted earnings per share increasing by 28.1% to $0.41. The company's performance was bolstered by solid organic growth, strategic M&A activity, and effective cost management.
Ryan Specialty Group reported a 16.8% increase in total revenue, reaching $412.0 million, driven by a 13.7% organic revenue growth rate. Net income increased to $29.3 million, with diluted earnings per share at $0.09. Adjusted EBITDAC grew by 11.2% to $116.8 million, and adjusted net income rose by 5.7% to $66.6 million, resulting in adjusted diluted earnings per share of $0.25.
Ryan Specialty Group reported a strong second quarter in 2022, with revenue increasing by 26.0% year-over-year to $491.3 million. The company's organic revenue growth rate was 22.3%. Net income increased by 10.6% to $70.1 million, with diluted earnings per share at $0.22. Adjusted net income grew by 15.4% to $106.4 million, with adjusted diluted earnings per share at $0.39.
Ryan Specialty Group reported a strong first quarter in 2022, with revenue increasing by 24.2% year-over-year to $386.9 million and an organic revenue growth rate of 20.1%. Net income was $18.1 million, or $0.06 per diluted share, while adjusted net income grew 13.3% to $64.7 million, or $0.24 per diluted share.
Ryan Specialty Group reported strong Q4 2021 results, with a 15.8% increase in total revenue to $378.5 million. Organic revenue growth was 15.4%. Net income was $29.6 million, or $0.09 per diluted share, and adjusted diluted earnings per share was $0.29. The company also initiated its 2022 outlook for organic revenue growth rate and adjusted EBITDAC margin.
Ryan Specialty Group reported a 49.0% increase in total revenue to $352.8 million. The company's organic revenue growth rate was 28.9%. A net loss of $32.6 million was reported, influenced by $58.6 million in one-time IPO-related costs. Adjusted net income increased by 51.1% to $62.9 million.
Ryan Specialty Group reported a strong second quarter in 2021, with total revenue increasing by 58.3% year-over-year to $390.0 million and organic revenue growth rate of 28.5%. Net income increased by 27.1% to $63.4 million. The company completed its initial public offering in July 2021.