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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.
Ryan Specialty Group
Ryan Specialty Group
Ryan Specialty Group 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%.