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Jun 30, 2022
Ryan Specialty Group Q2 2022 Earnings Report
Ryan Specialty Group's second quarter performance demonstrated strength and reliability, with outstanding revenue growth and strong profitability.
Key Takeaways
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.
Revenue grew 26.0% year-over-year to $491.3 million.
Organic Revenue Growth Rate was 22.3% for the quarter.
Net Income increased 10.6% to $70.1 million, with Diluted Earnings per Share of $0.22.
Adjusted Diluted Earnings per Share for the second quarter of 2022 was $0.39.
Ryan Specialty Group
Ryan Specialty Group
Ryan Specialty Group Revenue by Segment
Revenue by Segment
Wholesale Brokerage Revenue
CapyFin.comBinding Authorities Revenue
CapyFin.comUnderwriting Management Revenue
CapyFin.com Forward Guidance
The Company is raising its full year 2022 outlook for both Organic revenue growth rate and Adjusted EBITDAC margin.
Positive Outlook
- Organic revenue growth rate guidance range for the full year 2022 is now 16.5% – 18.0%, compared to the Company’s prior guidance range of 13.5% - 15.5%.
- Adjusted EBITDAC margin guidance range for the full year 2022 is now 29.0% - 30.0%, compared to the Company’s prior guidance range of 28.5% - 30.0%.