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 margin expanding by 220 basis points to 31.5%.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年第三季度業績會文本摘要：
Financial Performance:
金融業績：
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報告2024年第三季度總營業收入增長20.5%，達到60500萬美元。
有機收入增長11.8%，主要受到強勁的新業務獲取和高續保率的推動。
調整後的EBITDAC增長29.4%，達到19000萬美元，調整後的EBITDAC利潤率擴大了220個點子，達到31.5%。
調整後的攤薄後每股收益增長28%，達到0.41美元。
Business Progress:
業務進展：
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.
該公司在各專業領域經歷了廣泛增長，近期收購所做出的重要貢獻。
成功完成領導層接班，將CEO職務順利移交給tim turner。
繼續專注於委派權威模式和麪板整合，利用他們的選擇性方法促進增長。
人才和科技的投資仍然是支持可擴展和可持續增長的關鍵策略。
Opportunities:
機會：
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.
強勁的併購活動符合Ryan Specialty的戰略，收購高質量的企業，增強能力，滿足客戶需求。
在委託承保權限模式上取得持續成功，作爲可持續優勢。
對房地產市場的檢查表明颶風后可能出現復甦，爲不斷變化的定價環境提供機會。
Risks:
風險：
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房地產定價經歷了顯著惡化，這可能會影響短期利潤，儘管存在潛在的復甦。
傷亡險類別面臨高額損失環境，由社會通貨膨脹和訴訟融資推動，持續帶來挑戰。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
