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Ryan Specialty HoldingsRYAN +4.43%73 Debt-to-EBITDA is 5.50 as of Mar. 2026, which is 0% above its 10-year median of 5.49. GuruFocus rates RYAN with a GF Score™ of 73/100 and a GF Value™ of $74.12 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 322 Insurance companies, Ryan Specialty Holdings ranks worse than 90.68% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Ryan Specialty Holdings's Debt-to-EBITDA or its related term are showing as below:
RYAN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.27 Med: 5.49 Max: 8.7
Current: 4.68
During the past 7 years, the highest Debt-to-EBITDA Ratio of Ryan Specialty Holdings was 8.70. The lowest was 4.27. And the median was 5.49.
RYAN's Debt-to-EBITDA is ranked worse than 90.68% of 322
companies
in the Insurance industry
Industry Median: 1.185
vs RYAN: 4.68
Ryan Specialty Holdings (NYSE:RYAN) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Ryan Specialty Holdings Debt-to-EBITDA Related Terms
Ryan Specialty Holdings Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Specialty subindustry, Ryan Specialty Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ryan Specialty Holdings Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Ryan Specialty Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ryan Specialty Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Ryan Specialty Holdings (RYAN) has a Debt-to-EBITDA of 5.50 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ryan Specialty Holdings. This is near median its historical median of 5.49. Over the past decade, Ryan Specialty Holdings' Debt-to-EBITDA has ranged from 4.27 to 8.70. According to the industry distribution chart, Ryan Specialty Holdings ranks #292 out of 322 companies in the Insurance industry, placing it in the top 90.7%.
Is Ryan Specialty Holdings' Debt-to-EBITDA too high?
Ryan Specialty Holdings' current Debt-to-EBITDA of 5.50 is near median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 8.70. The Insurance industry median Debt-to-EBITDA is 1.19. Ryan Specialty Holdings' value of 5.50 is 364.1% above this industry median. Based on the distribution chart, Ryan Specialty Holdings ranks #292 out of 322 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Ryan Specialty Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ryan Specialty Holdings' Debt-to-EBITDA compare to RDN and ESNT?
According to the Insurance industry distribution chart, Ryan Specialty Holdings ranks #292 out of 322 companies for Debt-to-EBITDA. This places Ryan Specialty Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.19. Ryan Specialty Holdings' value of 5.50 is 364.1% above this benchmark. Historically, Ryan Specialty Holdings' own Debt-to-EBITDA has ranged from 4.27 to 8.70 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 1.19, Ryan Specialty Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 322 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryan Specialty Holdings's current Debt-to-EBITDA of 5.50 is 364.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ryan Specialty Holdings. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryan Specialty Holdings's current Debt-to-EBITDA is 5.50, which is near median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryan Specialty Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryan Specialty Holdings (RYAN) is currently considered Significantly Undervalued. The stock's GF Value™ is $74.12, compared to a current price of $41.75 — trading 43.7% below its estimated fair value. The current Debt-to-EBITDA is 5.50, which is near median its 10-year median of 5.49 and 364.1% above the Insurance industry median of 1.19. Ryan Specialty Holdings' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ryan Specialty Holdings (RYAN), the current Debt-to-EBITDA is 5.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ryan Specialty Holdings (RYAN) Overvalued in 2026?
Based on GuruFocus' analysis, Ryan Specialty Holdings stock appears to be undervalued.
The current stock price of $41.75 is trading 43.7% below its estimated GF Value™ of $74.12.
GuruFocus considers Ryan Specialty Holdings to be Significantly Undervalued.
Key valuation signals for RYAN:
Debt-to-EBITDA: 5.50 (near median its 10-year median of 5.49)
GF Value™: $74.12 vs. price of $41.75 (43.7% below fair value)
Industry Position: 364.1% above the Insurance median (#292 of 322)
No single metric tells the full story. See the RYAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ryan Specialty Holdings Inc is an international specialty insurance intermediary providing specialty products, solutions, and services for insurance brokers, agents, and carriers. The company offers wholesale insurance brokerage and delegated underwriting authority products and services, including distribution, underwriting, product development, administration, and risk management. Its expertise spans property, casualty, professional lines, transportation, personal lines, workers compensation, and employee benefits insurance, across traditional insurance and alternative risk solutions. The company operates in the United States and foreign markets, with the majority of revenue generated from the United States.
73GF Score
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