BRO vs. RYAN: Brown & Brown vs. Ryan Specialty Stock Comparison

Company Profile

Brown & Brown (BRO) and Ryan Specialty (RYAN) are both classified in the Insurance Brokers sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.

Brown & Brown (BRO) has more than two decades of public-market history since February 11, 1981, whereas Ryan Specialty (RYAN) listed on July 22, 2021 and has a much shorter record to draw on.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Ryan Specialty (RYAN) at 25.15% sits in the top ROE quartile, while Brown & Brown (BRO) at 9.80% is closer to the peer norm — stronger capital efficiency for RYAN.

Brown & Brown (BRO) at 17.88% keeps a top-quartile share of each sales dollar as profit, while Ryan Specialty (RYAN) at 3.27% keeps a bottom-quartile share.

Neither side reports a meaningful operating margin: for Brown & Brown (BRO) in Insurance and Ryan Specialty (RYAN) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Brown & Brown (BRO) at 22.49% sits in the top revenue growth quartile, while Ryan Specialty (RYAN) at 21.28% is closer to the peer norm — faster top-line expansion for BRO.

Brown & Brown (BRO) at -8.67% is around its peer norm for EPS growth, while Ryan Specialty (RYAN) at -33.80% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Brown & Brown (BRO) in Insurance and Ryan Specialty (RYAN) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Brown & Brown (BRO) in Insurance and Ryan Specialty (RYAN) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Both Brown & Brown (BRO) at 0.89% and Ryan Specialty (RYAN) at 1.06% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

Brown & Brown (BRO) at 20.89% pays out a band-typical share of earnings, while Ryan Specialty (RYAN) at 63.75% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Both look expensive on trailing earnings: Brown & Brown (BRO) at 22.82 sits in the richer P/E ratio quartile, and Ryan Specialty (RYAN) at 59.66 is richer still, above its industry range.

Both Brown & Brown (BRO) at 3.51 and Ryan Specialty (RYAN) at 3.78 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Brown & Brown (BRO) at 1.87 sits near its industry’s typical P/B ratio, while Ryan Specialty (RYAN) at 12.86 prices above its benchmark range — RYAN looks rich relative to book.

Valuation Metrics