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RYAN (Ryan Specialty Holdings) Asset Turnover : 0.07 (As of Dec. 2024)


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What is Ryan Specialty Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ryan Specialty Holdings's Revenue for the three months ended in Dec. 2024 was $664 Mil. Ryan Specialty Holdings's Total Assets for the quarter that ended in Dec. 2024 was $9,064 Mil. Therefore, Ryan Specialty Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Ryan Specialty Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was 8.73%. It is also linked to ROA % through Du Pont Formula. Ryan Specialty Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 0.61%.


Ryan Specialty Holdings Asset Turnover Historical Data

The historical data trend for Ryan Specialty Holdings's Asset Turnover can be seen below:

* 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.

* Premium members only.

Ryan Specialty Holdings Asset Turnover Chart

Ryan Specialty Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.30 0.29 0.29 0.31 0.30

Ryan Specialty Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.09 0.07 0.07

Competitive Comparison of Ryan Specialty Holdings's Asset Turnover

For the Insurance - Specialty subindustry, Ryan Specialty Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ryan Specialty Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ryan Specialty Holdings's Asset Turnover falls into.


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Ryan Specialty Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Ryan Specialty Holdings's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2515.71/( (7247.209+9649.918)/ 2 )
=2515.71/8448.5635
=0.30

Ryan Specialty Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=663.529/( (8478.503+9649.918)/ 2 )
=663.529/9064.2105
=0.07

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Ryan Specialty Holdings  (NYSE:RYAN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Ryan Specialty Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=55.016/630.2475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(55.016 / 2654.116)*(2654.116 / 9064.2105)*(9064.2105/ 630.2475)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.07 %*0.2928*14.382
=ROA %*Equity Multiplier
=0.61 %*14.382
=8.73 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Ryan Specialty Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=55.016/9064.2105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(55.016 / 2654.116)*(2654.116 / 9064.2105)
=Net Margin %*Asset Turnover
=2.07 %*0.2928
=0.61 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Ryan Specialty Holdings Asset Turnover Related Terms

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Ryan Specialty Holdings Business Description

Traded in Other Exchanges
N/A
Address
155 North Wacker Drive, Suite 4000, Chicago, IL, USA, 60606
Ryan Specialty Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter.
Executives
Brendan Martin Mulshine officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Nicholas Dominic Cortezi director, officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Mark Stephen Katz officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
David P Bolger director 200 EST RANDOLPH ST, CHICAGO IL 60601
Jeremiah Rawlins Bickham officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Timothy William Turner director, officer: President 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Anthony J Kuczinski director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Lisa Jo Paschal-alcorn officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Conklin officer: EVP & CHRO 500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801
Francesca Cornelli director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Onex Corp director 161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Patrick G Ryan director, 10 percent owner, officer: Chief Executive Officer 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Thomas Vanacker officer: See Remarks 180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael D Ohalleran director 1450 WAUKEGAN ROAD, MCGAW PARK, CHICAGO IL 60085
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503