Ryan Specialty Holdings, Inc. (RYAN) Q3 2024 Earnings Call Transcript Summary
Ryan Specialty Holdings, Inc. (RYAN) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDAC grew 29.4% to $190 million, with adjusted EBITDAC The following is a summary of the Ryan Specialty Holdings, Inc. (RYAN) Q3 2024 Earnings Call Transcript:
以下是Ryan Specialty Holdings, Inc. (RYAN) 2024年第三季度业绩会文本摘要：
Financial Performance:
金融业绩：
Ryan Specialty Holdings reported a Q3 total revenue increase of 20.5% to $605 million.
Organic revenue growth was 11.8%, driven by strong new business acquisition and high renewal retention.
Adjusted EBITDAC grew 29.4% to $190 million, with adjusted EBITDAC margin expanding by 220 basis points to 31.5%.
Adjusted diluted EPS increased by 28% to $0.41 per share.
Ryan Specialty Holdings报告2024年第三季度总营业收入增长20.5%，达到60500万美元。
有机收入增长11.8%，主要受到强劲的新业务获取和高续保率的推动。
调整后的EBITDAC增长29.4%，达到19000万美元，调整后的EBITDAC利润率扩大了220个基点，达到31.5%。
调整后的摊薄后每股收益增长28%，达到0.41美元。
Business Progress:
业务进展：
The company experienced broad-based growth across its specialties, with meaningful contributions from recent acquisitions.
Successfully executed leadership succession with a seamless transition of the CEO role to Tim Turner.
Continued focus on the delegated authority model and panel consolidation, leveraging their selective approach to foster growth.
Investment in talent and technology remains a key strategy to support scalable and sustainable growth.
该公司在各专业领域经历了广泛增长，近期收购所做出的重要贡献。
成功完成领导层接班，将CEO职务顺利移交给tim turner。
继续专注于委派权威模式和面板整合，利用他们的选择性方法促进增长。
人才和科技的投资仍然是支持可扩展和可持续增长的关键策略。
Opportunities:
机会：
Strong M&A activity aligns with Ryan Specialty's strategy to acquire high-quality businesses, enhancing capabilities and meeting client needs.
Ongoing success in leveraging the delegated underwriting authority model as a sustainable advantage.
Examination of the property market suggests potential recovery post-hurricanes, providing opportunities in a changing pricing environment.
强劲的并购活动符合Ryan Specialty的战略，收购高质量的企业，增强能力，满足客户需求。
在委托承保权限模式上取得持续成功，作为可持续优势。
对房地产市场的检查表明飓风后可能出现复苏，为不断变化的定价环境提供机会。
Risks:
风险：
Property pricing experienced a significant deterioration in Q3, which could impact short-term margins despite a potential recovery.
Elevated loss environment in casualty classes, driven by social inflation and litigation finance, poses ongoing challenges.
Q3房地产定价经历了显著恶化，这可能会影响短期利润，尽管存在潜在的复苏。
伤亡险类别面临高额损失环境，由社会通货膨胀和诉讼融资推动，持续带来挑战。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。
