Goosehead Insurance vs Ryan Specialty
Ryan Specialty reported revenue of $3.1 billion in fiscal 2025, 8.4 times Goosehead Insurance's $365 million in fiscal 2025. Goosehead Insurance's revenue grew 16.1% in its latest year, and Ryan Specialty's grew 21.3%. Goosehead Insurance had an operating margin of 20.4%, against 16.2% at Ryan Specialty. Free cash flow was $86 million at Goosehead Insurance and $641 million at Ryan Specialty.
Side by side
| Goosehead Insurance | Ryan Specialty | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $365M | $3.1B |
| Revenue growth | 16.1% | 21.3% |
| Revenue growth a year, last 5 years | 25.6% | 24.5% |
| Gross margin | — | — |
| Operating margin | 20.4% | 16.2% |
| Net margin | 7.6% | 2.1% |
| Free cash flow | $86M | $641M |
| Free cash flow margin | 23.6% | 21.0% |
| Return on capital | 75.5% | 8.7% |
| Net debt to EBITDA | 3.0x | 4.1x |
| Dividends and buybacks | $228M | $62M |
| Change in diluted share count | −0.5% | — |
| Last close | $55.55 | $47.73 |
| P/E at the last close | 53.4× | — |
| Insider trades, last 12 months | bought $20.1 million, sold $34.3 million | bought $5.6 million, sold $234.6 million |
| Piotroski F-score | 5 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Goosehead InsuranceRyan Specialty
Operating margin
Percent of revenue
Goosehead InsuranceRyan Specialty
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Goosehead InsuranceRyan Specialty
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Goosehead Insurance and Ryan Specialty pages.