Ryan Specialty Holdings now expects its full-year 2026 adjusted EBITDAC margin to decline approximately 50 to 100 basis points year-over-year, while guiding organic revenue growth toward the higher end of its mid-single-digit range. The company reported second-quarter total revenue of $917 million, up 7.2 percent, with organic revenue growth of 6.7 percent and adjusted earnings per share of $0.74. Adjusted EBITDAC rose 6 percent to $327 million, and the margin was 35.7 percent compared with 36.1 percent a year earlier. Management cited stronger-than-expected organic growth, expense discipline, and early progress on its Empower initiative as factors that improved the full-year margin outlook from the prior guidance of a 100-to-150-basis-point decline. The company also repurchased 8.1 million shares for $260 million and increased its buyback authorization by an additional $300 million, while stating it is unlikely to close a meaningful acquisition in 2026.
Ryan Specialty Group Holdings IncGuides 2026 adjusted EBITDAC margin down 50-100 bps, though organic growth outlook improved.
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