Stocks Comparison
Brown & Brown vs Ryan Specialty: revenue, profit, margins and growth compared
Brown & Brown brought in $5.9B of revenue in fiscal 2025, Ryan Specialty $3.1B in fiscal 2025. Revenue changed by +22.8% at Brown & Brown and +21.3% at Ryan Specialty on the year before, so Brown & Brown grew faster. Brown & Brown kept 17.9% of its revenue as net profit, Ryan Specialty 2.1%. Free cash flow was $1.4B at Brown & Brown and $640.7M at Ryan Specialty.
Side by side, latest fiscal year
| BRO | RYAN | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $5.9B | $3.1B |
| Revenue growth | +22.8% | +21.3% |
| Net income | $1.1B | $63.4M |
| Net margin | 17.9% | 2.1% |
| Free cash flow | $1.4B | $640.7M |
| Free cash flow margin | 23.4% | 21.0% |
| Earnings per share (diluted) | $3.16 | n/a |
| Cash | $1.1B | $158.3M |
| Debt | $7.6B | $3.3B |
| Price to earnings | 19.3 | n/a |
| Market value | $20.4B | $9.7B |
| Dividend yield | 1.02% | n/a |
| Rank by revenue in sector | #91 of 444 · Finance | #122 of 444 · Finance |
Over the years
Questions about Brown & Brown and Ryan Specialty
Which is bigger by revenue, Brown & Brown or Ryan Specialty?
Brown & Brown is bigger by revenue: $5.9B in fiscal 2025, against $3.1B for Ryan Specialty in fiscal 2025.
Which keeps more of its revenue as profit, Brown & Brown or Ryan Specialty?
Brown & Brown had a net margin of 17.9% in fiscal 2025; Ryan Specialty had 2.1% in fiscal 2025.
Which grew revenue faster, Brown & Brown or Ryan Specialty?
In their latest fiscal years revenue changed by +22.8% at Brown & Brown and +21.3% at Ryan Specialty.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.