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Jun 30, 2021
Ryan Specialty Group Q2 2021 Earnings Report
Ryan Specialty Group reported second quarter 2021 results.
Key Takeaways
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.
Total Revenue grew 58.3% year-over-year to $390.0 million.
Organic Revenue Growth Rate was 28.5% for the quarter.
Net Income increased by 27.1% to $63.4 million.
Adjusted EBITDAC increased 79.4% to $140.5 million.
Revenue by Segment
Forward Guidance
The Company is providing its full year 2021 outlook for Organic Revenue Growth Rate and Adjusted EBITDAC Margin:
Positive Outlook
- Organic Revenue Growth Rate for the full year 2021 is expected to be between 18.0% and 20.0%.
- Adjusted EBITDAC Margin for the full year 2021 is expected to be between 30.0% and 30.5%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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