• Ryan Specialty Holdings average ebitda margin for 2023 was 24.16%, a 9.27% decline from 2022.
• Ryan Specialty Holdings average ebitda margin for 2022 was 22.11%, a 4.7% increase from 2021.
• Ryan Specialty Holdings average ebitda margin for 2021 was 23.2%, a 1.8% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.