Ryan Specialty Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation (Policies)
Notes Tables
Notes Details

Income Taxes - Narrative (Details)

v3.24.3

Income Taxes - Narrative (Details) - USD ($)	3 Months Ended						9 Months Ended
Income Taxes - Narrative (Details) - USD ($)	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Valuation Allowance [Line Items]
Effective tax rate	(45.50%)			61.26%			7.90%	23.92%
Statutory rate	21.00%			21.00%			21.00%	21.00%
Deferred income tax expense from reorganization				$ 20,700,000			$ 0	$ 20,679,000
Unrecognized tax benefits	$ 0						0
Deferred tax assets	486,432,000						486,432,000		$ 383,816,000
Valuation allowance recognized against basis difference	0						$ 0
Deferred tax liabilities				64,500,000				64,500,000
Increase to non-controlling interest from difference between the carrying value and the fair value of investment transferred under common control	8,131,000	$ 508,000	$ (78,000)	(19,834,000)	$ 449,000	$ (395,000)
Percentage of net cash savings							85.00%
Tax receivable agreement liability	$ 455,100,000						$ 455,100,000
Increase in tax receivable liabilities recognized in additional paid-in capital							95,600,000	63,200,000
Increase in tax receivable liabilities recognized in other non-operating loss (income)							$ 600,000	$ 500,000
Non- controlling Interests
Valuation Allowance [Line Items]
Increase to non-controlling interest from difference between the carrying value and the fair value of investment transferred under common control		$ (201,000)		$ 13,136,000

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