Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ryan Specialty HoldingsRYAN +0.85%81 Pretax Margin % is 14.26% as of Jun. 2026, which is 48% above its 10-year median of 9.61. GuruFocus rates RYAN with a GF Score™ of 81/100 and a GF Value™ of $79.92 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 498 Insurance companies, Ryan Specialty Holdings ranks worse than 63.25% on this metric.
Ryan Specialty Holdings (NYSE:RYAN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Ryan Specialty Holdings Pretax Margin % Related Terms
Ryan Specialty Holdings Pretax Margin % 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.
RYAN vs RDN, ESNT, MTG: Pretax Margin % Comparison
For the Insurance - Specialty subindustry, Ryan Specialty Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Ryan Specialty Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ryan Specialty Holdings's Pretax Margin % 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.
Ryan Specialty Holdings (RYAN) has a Pretax Margin % of 14.26% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ryan Specialty Holdings and its competitors. This is 48% above median its historical median of 9.61. Over the past decade, Ryan Specialty Holdings' Pretax Margin % has ranged from 4.30 to 11.45. According to the industry distribution chart, Ryan Specialty Holdings ranks #315 out of 498 companies in the Insurance industry, placing it in the top 63.3%.
Is Ryan Specialty Holdings' Pretax Margin % too high?
Ryan Specialty Holdings' current Pretax Margin % of 14.26% is 48% above median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 11.45. The Insurance industry median Pretax Margin % is 12.34. Ryan Specialty Holdings' value of 14.26% is 15.6% above this industry median. Based on the distribution chart, Ryan Specialty Holdings ranks #315 out of 498 companies in the Insurance industry, which is below the industry midpoint. Overall, Ryan Specialty Holdings has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ryan Specialty Holdings' Pretax Margin % compare to RDN and ESNT?
According to the Insurance industry distribution chart, Ryan Specialty Holdings ranks #315 out of 498 companies for Pretax Margin %. This places Ryan Specialty Holdings in the lower half of its industry. The industry median Pretax Margin % is 12.34. Ryan Specialty Holdings' value of 14.26% is 15.6% above this benchmark. Historically, Ryan Specialty Holdings' own Pretax Margin % has ranged from 4.30 to 11.45 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 12.34, 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 Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 12.34, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryan Specialty Holdings's current Pretax Margin % of 14.26% is 15.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ryan Specialty Holdings and its competitors. For the Insurance industry, the median Pretax Margin % is 12.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryan Specialty Holdings's current Pretax Margin % is 14.26%, which is 48% above median its own 10-year median of 9.61. 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 $79.92, compared to a current price of $43.87 — trading 45.1% below its estimated fair value. The current Pretax Margin % is 14.26%, which is 48% above median its 10-year median of 9.61 and 15.6% above the Insurance industry median of 12.34. Ryan Specialty Holdings' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Ryan Specialty Holdings (RYAN), the current Pretax Margin % is 14.26% as of Jun. 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 $43.87 is trading 45.1% below its estimated GF Value™ of $79.92.
GuruFocus considers Ryan Specialty Holdings to be Significantly Undervalued.
Key valuation signals for RYAN:
Pretax Margin %: 14.26% (48% above median its 10-year median of 9.61)
GF Value™: $79.92 vs. price of $43.87 (45.1% below fair value)
Industry Position: 15.6% above the Insurance median (#315 of 498)
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.
81GF Score
Get the complete analysis for RYAN
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RYAN has been successfully added to your 
