FNF vs. RYAN: Fidelity National Financial vs. Ryan Specialty Stock Comparison

Company Profile

Fidelity National Financial (FNF) and Ryan Specialty (RYAN) both belong to the Insurance industry, though FNF is classified under Property & Casualty Insurance while RYAN falls under Insurance Brokers.

Fidelity National Financial (FNF) has more than two decades of public-market history since October 14, 2005, 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 Fidelity National Financial (FNF) at 15.10% is closer to the peer norm — stronger capital efficiency for RYAN.

Fidelity National Financial (FNF) at 7.00% keeps about the industry-typical share of revenue as profit, while Ryan Specialty (RYAN) at 3.27% retains only a bottom-quartile share.

Neither side reports a meaningful operating margin: for Fidelity National Financial (FNF) 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

Both Fidelity National Financial (FNF) at 5.88% and Ryan Specialty (RYAN) at 21.28% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Both Fidelity National Financial (FNF) at -52.47% and Ryan Specialty (RYAN) at -33.80% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Fidelity National Financial (FNF) 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: Fidelity National Financial (FNF) 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

Fidelity National Financial (FNF) at 4.85% delivers top-quartile income for its industry, while Ryan Specialty (RYAN) at 1.06% pays a more typical yield — both are credible income propositions, FNF the richer one.

Both Fidelity National Financial (FNF) at 53.20% and Ryan Specialty (RYAN) at 63.75% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Fidelity National Financial (FNF) at 11.21 is near its industry’s usual P/E ratio, while Ryan Specialty (RYAN) at 59.66 sits above its peer range — an unusually expensive price for RYAN’s trailing earnings.

Fidelity National Financial (FNF) at 0.79 looks cheap on sales in the lower P/S ratio quartile, while Ryan Specialty (RYAN) at 3.78 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

Fidelity National Financial (FNF) at 1.59 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