Company / SG&A Expense
Ryan Specialty SG&A Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$453.5M
FY2025
5-year range
$118.2M / $453.5M
FY2021-FY2025
Trend
+28.8%
vs FY2024
Sector context
#45 of 138
Financials
What the data says
At $453M, Ryan Specialty's sg&a expense ranks #94 of 138 in the Financials sector. SG&A Expense has increased for 5 consecutive years, from $107M in FY2020 to $453M in FY2025.
Based on SEC 10-K filings.
$453M in FY2025 with a 5-year CAGR of +33.4%.
Increased from $276M to $453M over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +32.0%
- 5-Year CAGR
- +33.4%
- 10-Year CAGR
- -
Sector benchmark
#94 of 138 in FinancialsTop 67% of 138This company $453.5M Sector average $902.3M
▼
-49.7% below sector average
Key checks
Key Insights
- Ryan Specialty's sg&a expense has grown for 5 consecutive years.
- 5-year CAGR of +33.4%, indicating consistent growth.
- In FY2025, sg&a expense increased 28.8% year-over-year.
- Ranks #45 out of 138 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $453.5M | +28.8% |
| FY2024 | $352.1M | +27.5% |
| FY2023 | $276.2M | +40.2% |
| FY2022 | $197.0M | +66.7% |
| FY2021 | $118.2M | +10.1% |
| FY2020 | $107.4M | -9.1% |
| FY2019 | $118.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026