RYAN SPECIALTY HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
RYAN$47.11-1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of
Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $540,203 | $838,790 |
| Commissions and fees receivable – net | 389,758 | 294,195 |
| Fiduciary cash and receivables | 3,739,727 | 3,131,660 |
| Prepaid incentives – net | 9,219 | 8,718 |
| Other current assets | 109,951 | 62,229 |
| Total current assets | $4,788,858 | $4,335,592 |
| NON-CURRENT ASSETS | ||
| Goodwill | 2,646,676 | 1,646,482 |
| Customer relationships | 1,392,048 | 572,416 |
| Other intangible assets | 83,674 | 38,254 |
| Prepaid incentives – net | 17,442 | 15,103 |
| Equity method investment in related party | 70,877 | 46,099 |
| Property and equipment – net | 50,209 | 42,427 |
| Lease right-of-use assets | 133,256 | 127,708 |
| Deferred tax assets | 448,289 | 383,816 |
| Other non-current assets | 18,589 | 39,312 |
| Total non-current assets | $4,861,060 | $2,911,617 |
| TOTAL ASSETS | $9,649,918 | $7,247,209 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued liabilities | $249,200 | $136,340 |
| Accrued compensation | 486,322 | 419,560 |
| Operating lease liabilities | 22,107 | 21,369 |
| Short-term debt and current portion of long-term debt | 51,732 | 35,375 |
| Fiduciary liabilities | 3,739,727 | 3,131,660 |
| Total current liabilities | $4,549,088 | $3,744,304 |
| NON-CURRENT LIABILITIES | ||
| Accrued compensation | 49,362 | 24,917 |
| Operating lease liabilities | 159,231 | 154,457 |
| Long-term debt | 3,231,128 | 1,943,837 |
| Tax Receivable Agreement liabilities | 436,296 | 358,898 |
| Deferred tax liabilities | 39,922 | 55 |
| Other non-current liabilities | 86,606 | 41,097 |
| Total non-current liabilities | $4,002,545 | $2,523,261 |
| TOTAL LIABILITIES | $8,551,633 | $6,267,565 |
| STOCKHOLDERS’ EQUITY | ||
| Class A common stock ($0.001 par value; 1,000,000,000 shares authorized, 125,411,089 and 118,593,062 shares issued and outstanding at December 31, 2024 and 2023, respectively) | 125 | 119 |
| Class B common stock ($0.001 par value; 1,000,000,000 shares authorized, 136,456,313 and 141,621,188 shares issued and outstanding at December 31, 2024 and 2023, respectively) | 136 | 142 |
| Class X common stock ($0.001 par value; 10,000,000 shares authorized, 640,784 shares issued and 0 outstanding at December 31, 2024 and 2023) | — | — |
| Preferred stock ($0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2024 and 2023) | — | — |
| Additional paid-in capital | 506,258 | 441,997 |
| Retained earnings | 122,939 | 114,420 |
| Accumulated other comprehensive income (loss) | (1,796) | 3,076 |
| Total stockholders’ equity attributable to Ryan Specialty Holdings, Inc. | $627,662 | $559,754 |
| Non-controlling interests | 470,623 | 419,890 |
| Total stockholders’ equity | $1,098,285 | $979,644 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $9,649,918 | $7,247,209 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.