Ryan Historical Income Statement
| RYAN Stock | USD 74.59 1.06 1.44% |
Historical analysis of Ryan Specialty income statement accounts such as Total Revenue of 1.5 B, Gross Profit of 535 M, Other Operating Expenses of 1.4 B or Operating Income of 377 M can show how well Ryan Specialty Group performed in making a profits. Evaluating Ryan Specialty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ryan Specialty's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ryan Specialty Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ryan Specialty Group is a good buy for the upcoming year.
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About Ryan Income Statement Analysis
Ryan Specialty Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ryan Specialty shareholders. The income statement also shows Ryan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ryan Specialty Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Ryan Specialty Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ryan Specialty Group minus its cost of goods sold. It is profit before Ryan Specialty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Ryan Specialty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ryan Specialty Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryan Specialty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Ryan Specialty's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Operating Income is likely to grow to about 377 M, while Net Interest Income is likely to drop (125.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 79.4M | 104.8M | 119.5M | 85.0M | Depreciation And Amortization | 1.1B | 1.3B | 115.8M | 110.0M |
Ryan Specialty income statement Correlations
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Ryan Specialty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Ryan Specialty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryan Specialty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryan Specialty will appreciate offsetting losses from the drop in the long position's value.Moving together with Ryan Stock
| 0.78 | AGO | Assured Guaranty | PairCorr |
| 0.81 | AXS | AXIS Capital Holdings | PairCorr |
| 0.63 | EIG | Employers Holdings | PairCorr |
Moving against Ryan Stock
| 0.49 | JRVR | James River Group | PairCorr |
| 0.45 | ESNT | Essent Group | PairCorr |
| 0.39 | RDN | Radian Group | PairCorr |
| 0.38 | NMIH | NMI Holdings Normal Trading | PairCorr |
The ability to find closely correlated positions to Ryan Specialty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryan Specialty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryan Specialty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryan Specialty Group to buy it.
The correlation of Ryan Specialty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryan Specialty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryan Specialty Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryan Specialty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryan Specialty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryan Specialty. If investors know Ryan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryan Specialty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.408 | Dividend Share 0.33 | Earnings Share 0.77 | Revenue Per Share 19.549 | Quarterly Revenue Growth 0.207 |
The market value of Ryan Specialty Group is measured differently than its book value, which is the value of Ryan that is recorded on the company's balance sheet. Investors also form their own opinion of Ryan Specialty's value that differs from its market value or its book value, called intrinsic value, which is Ryan Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryan Specialty's market value can be influenced by many factors that don't directly affect Ryan Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryan Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryan Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryan Specialty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.