Ryan Specialty Holdings Inc. (RYAN) vs Willis Towers Watson Public Limited Company (WTW)

Ryan Specialty Holdings Inc. and Willis Towers Watson Public Limited Company are both Insurance Brokers companies. Willis Towers Watson Public Limited Company is the larger, with a market value of $31.0B against $12.1B — 2.6× the size. Willis Towers Watson Public Limited Company trades at the lower P/E: 20.4× against 57.8×. Ryan Specialty Holdings Inc. grew revenue faster over the last twelve months: 9.77% against 4.76%. Willis Towers Watson Public Limited Company has the higher net margin (15.2% vs 3.22%) and the higher return on invested capital (11.4% vs 7.19%). Both pay a dividend; Willis Towers Watson Public Limited Company yields more (1.13% vs 1.06%). Across the 20 metrics below, Willis Towers Watson Public Limited Company leads on 15 and Ryan Specialty Holdings Inc. on 5.

Valuation

Metric RYAN WTW Insurance Brokers median
P/E 57.80 20.42 22.14
P/S 1.79 3.07 2.91
P/B 6.46 4.03 3.02
Price to free cash flow 11.66 36.73 22.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 1.73% 4.90% 3.41%
Free cash flow yield 8.57% 2.72% 3.09%

Profitability

Metric RYAN WTW Insurance Brokers median
Gross margin 100.00% 100.00% 49.54%
Operating margin 15.59% 21.97% 15.76%
Net margin 3.22% 15.22% 8.19%
Free cash flow margin 15.34% 17.25% 3.58%
Return on equity 9.81% 19.99% 2.99%
Return on assets 1.00% 5.45% 2.33%
Return on invested capital 7.19% 11.35% 5.64%

Growth

Metric RYAN WTW Insurance Brokers median
Revenue growth (TTM) 9.77% 4.76% 9.77%
EPS growth (last fiscal year) (33.80%) 1,793.75% (8.67%)
Revenue growth, 5-year CAGR 24.54% 2.42% 9.30%
Net income growth, 5-year CAGR (1.42%) 10.01% 0.00%

Health

Metric RYAN WTW Insurance Brokers median
Debt to equity 4.08 0.83 0.49
Current ratio 1.01 1.62 1.54
Net debt to EBITDA 4.00 1.20 1.20

Dividend

Metric RYAN WTW Insurance Brokers median
Dividend yield 1.06% 1.13% 1.01%
Payout ratio 0.63 0.23 0.33

Size

Metric RYAN WTW Insurance Brokers median
Market cap 12.14b 31.03b 2.41b

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