Ryan Specialty Holdings vs Selectquote
Ryan Specialty Holdings is the larger business, with $3.05bn of revenue in fiscal 2025 against $1.62bn for Selectquote (1.9 times as much). Ryan Specialty Holdings grew faster (21.3% against 6.0%). Selectquote kept more of each dollar of sales as profit: a net margin of 3.8% against 2.1%. Selectquote carries less debt relative to equity (110.0% against 523.7%).
| Latest fiscal year | Ryan Specialty HoldingsRYAN, 2025 | SelectquoteSLQT, 2026 |
|---|---|---|
| Revenue | $3.05bn | $1.62bn |
| Revenue growth | 21.3% | 6.0% |
| Net income | $63.4m | $62.2m |
| Operating margin | 16.2% | 4.6% |
| Net margin | 2.1% | 3.8% |
| Return on equity | 9.9% | 17.7% |
| Free cash flow | $641m | $27.6m |
| Cash | $158m | $16.0m |
| Total debt | $3.39bn | $387m |
| Debt to equity | 523.7% | 110.0% |
| Dividend per share | — | — |
| Dividend yield | 1.2% | — |
| Share buybacks | — | — |
| Employees | 6,110 | — |
| Market value | $5.56bn | $72.9m |
| Price vs our value range | — | — |
| Moat score | — | 38 (Weak) |
| Insider trades, 12 months | 9 buys, 4 sales | 3 buys, 1 sales |