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$47.20+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity for the years ended
Consolidated Statements of Stockholders’ Equity
(In thousands, except share data)
| Class ACommon Stock · Class BCommon Stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Additional Paid-inCapital | Retained Earnings(AccumulatedDeficit) | Accumulated OtherComprehensiveIncome | Non-controlling Interests | Total Stockholders’Equity | |
| Balance at December 31, 2021 | 109,894,548 | $110 | 149,162,107 | $149 | $348,865 | $(7,064) | $1,714 | $251,003 | $594,777 |
| Net income | — | — | — | — | — | 61,052 | — | 102,205 | 163,257 |
| Issuance of common stock | 599,559 | 1 | 17,856 | — | 771 | — | — | — | 772 |
| Exchange of LLC equity for common stock | 1,968,793 | 2 | (1,965,688) | (2) | 8,937 | — | — | (8,937) | — |
| Forfeiture of common stock | (25,075) | (1) | — | — | — | — | — | — | (1) |
| Tax Receivable Agreement liability and deferred taxes arising from LLC interest ownership changes | — | — | — | — | (1,501) | — | — | — | (1,501) |
| Distributions declared for non-controlling interest holders’ tax | — | — | — | — | — | — | — | (28,728) | (28,728) |
| Change in share of equity method investment in related party other comprehensive loss | — | — | — | — | — | — | (2,074) | (3,700) | (5,774) |
| Gain on interest rate cap, net | — | — | — | — | — | — | 8,065 | 14,149 | 22,214 |
| Foreign currency translation adjustments | — | — | — | — | — | — | (1,670) | (3,014) | (4,684) |
| Equity-based compensation | — | — | — | — | 61,051 | — | — | 16,429 | 77,480 |
| Balance at December 31, 2022 | 112,437,825 | $112 | 147,214,275 | $147 | $418,123 | $53,988 | $6,035 | $339,407 | $817,812 |
| Net income | — | — | — | — | — | 61,037 | — | 133,443 | 194,480 |
| Issuance of common stock | 546,045 | 1 | 62,452 | 1 | 1,227 | — | — | 1,467 | 2,696 |
| Forfeiture and retirement of common stock | (53,404) | — | — | — | 464 | (605) | — | — | (141) |
| Exchange of LLC equity for common stock | 5,662,596 | 6 | (5,655,539) | (6) | 10,452 | — | — | (10,452) | — |
| Equity awards withheld for settlement of employee tax obligations | — | — | — | — | — | — | — | (975) | (975) |
| Tax Receivable Agreement liability and deferred taxes arising from LLC interest ownership changes | — | — | — | — | (41,342) | — | — | 18,906 | (22,436) |
| Distributions declared for non-controlling interest holders’ tax | — | — | — | — | — | — | — | (74,554) | (74,554) |
| Change in share of equity method investment in related party other comprehensive loss | — | — | — | — | — | — | (416) | (557) | (973) |
| Loss on interest rate cap, net | — | — | — | — | — | — | (3,368) | (4,765) | (8,133) |
| Foreign currency translation adjustments | — | — | — | — | — | — | 825 | 1,300 | 2,125 |
| Equity-based compensation | — | — | — | — | 53,073 | — | — | 16,670 | 69,743 |
| Balance at December 31, 2023 | 118,593,062 | $119 | 141,621,188 | $142 | $441,997 | $114,420 | $3,076 | $419,890 | $979,644 |
| Class ACommon Stock · Class BCommon Stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Additional Paid-inCapital | Retained Earnings | Accumulated OtherComprehensiveIncome (Loss) | Non-controlling Interests | Total Stockholders’Equity | |
| Balance at December 31, 2023 | 118,593,062 | $119 | 141,621,188 | $142 | $441,997 | $114,420 | $3,076 | $419,890 | $979,644 |
| Net income | — | — | — | — | — | 94,665 | — | 135,248 | 229,913 |
| Issuance of common stock | 1,466,728 | 1 | 41,254 | — | 4,293 | — | — | 4,849 | 9,143 |
| Forfeiture and retirement of common stock | (32,107) | — | — | — | 1,126 | (1,418) | — | — | (292) |
| Exchange of LLC equity for common stock | 5,383,406 | 5 | (5,206,129) | (6) | 9,326 | — | — | (9,325) | — |
| Equity awards withheld for settlement of employee tax obligations | — | — | — | — | — | — | — | (284) | (284) |
| Class A common stock dividends and Dividend Equivalents | — | — | — | — | — | (84,728) | — | — | (84,728) |
| Distributions and Declared Distributions to non-controlling LLC Unitholders | — | — | — | — | — | — | — | (22,711) | (22,711) |
| Tax Receivable Agreement liability and deferred taxes arising from LLC interest ownership changes | — | — | — | — | (3,323) | — | — | 7,552 | 4,229 |
| Distributions declared for non-controlling interest holders’ tax | — | — | — | — | — | — | — | (84,798) | (84,798) |
| Change in share of equity method investment in related party other comprehensive income | — | — | — | — | — | — | 2,382 | 3,326 | 5,708 |
| Loss on interest rate cap, net | — | — | — | — | — | — | (3,262) | (4,358) | (7,620) |
| Foreign currency translation adjustments | — | — | — | — | — | — | (3,992) | (4,922) | (8,914) |
| Equity-based compensation | — | — | — | — | 52,839 | — | — | 26,156 | 78,995 |
| Balance at December 31, 2024 | 125,411,089 | $125 | 136,456,313 | $136 | $506,258 | $122,939 | $(1,796) | $470,623 | $1,098,285 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.