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Side-by-side financial comparison of Floor & Decor Holdings, Inc. (FND) and RYAN SPECIALTY HOLDINGS, INC. (RYAN). Click either name above to swap in a different company.

Floor & Decor Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $795.2M, roughly 1.4× RYAN SPECIALTY HOLDINGS, INC.). RYAN SPECIALTY HOLDINGS, INC. runs the higher net margin — 5.1% vs 3.4%, a 1.7% gap on every dollar of revenue. On growth, RYAN SPECIALTY HOLDINGS, INC. posted the faster year-over-year revenue change (15.2% vs -0.7%). Over the past eight quarters, RYAN SPECIALTY HOLDINGS, INC.'s revenue compounded faster (8.1% CAGR vs 0.8%).

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.

Aon plc is a British-American professional services firm. The company operates two divisions: Risk Capital, which provides brokerage and consulting services for risk management and insurance and reinsurance, and Human Capital, which provides services for health insurance, retirement plans, pension plans, and talent advisory.

FND vs RYAN — Head-to-Head

Bigger by revenue
FND
FND
1.4× larger
FND
$1.2B
$795.2M
RYAN
Growing faster (revenue YoY)
RYAN
RYAN
+16.0% gap
RYAN
15.2%
-0.7%
FND
Higher net margin
RYAN
RYAN
1.7% more per $
RYAN
5.1%
3.4%
FND
Faster 2-yr revenue CAGR
RYAN
RYAN
Annualised
RYAN
8.1%
0.8%
FND

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FND
FND
RYAN
RYAN
Revenue
$1.2B
$795.2M
Net Profit
$39.7M
$40.6M
Gross Margin
44.0%
Operating Margin
4.5%
11.9%
Net Margin
3.4%
5.1%
Revenue YoY
-0.7%
15.2%
Net Profit YoY
-18.8%
1025.0%
EPS (diluted)
$0.37
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FND
FND
RYAN
RYAN
Q1 26
$1.2B
$795.2M
Q4 25
$1.1B
$738.0M
Q3 25
$1.2B
$739.6M
Q2 25
$1.2B
$840.9M
Q1 25
$1.2B
$676.1M
Q4 24
$1.1B
$649.4M
Q3 24
$1.1B
$588.1M
Q2 24
$1.1B
$680.2M
Net Profit
FND
FND
RYAN
RYAN
Q1 26
$39.7M
$40.6M
Q4 25
$39.3M
$8.0M
Q3 25
$57.3M
$31.1M
Q2 25
$63.2M
$52.0M
Q1 25
$48.9M
$-27.6M
Q4 24
$47.5M
$13.8M
Q3 24
$51.7M
$17.6M
Q2 24
$56.7M
$46.8M
Gross Margin
FND
FND
RYAN
RYAN
Q1 26
44.0%
Q4 25
43.5%
Q3 25
43.4%
Q2 25
43.9%
Q1 25
43.8%
Q4 24
43.5%
Q3 24
43.5%
Q2 24
43.3%
Operating Margin
FND
FND
RYAN
RYAN
Q1 26
4.5%
11.9%
Q4 25
4.6%
12.4%
Q3 25
6.1%
15.0%
Q2 25
6.7%
22.7%
Q1 25
5.5%
14.8%
Q4 24
5.3%
16.8%
Q3 24
5.9%
13.9%
Q2 24
6.3%
24.2%
Net Margin
FND
FND
RYAN
RYAN
Q1 26
3.4%
5.1%
Q4 25
3.5%
1.1%
Q3 25
4.9%
4.2%
Q2 25
5.2%
6.2%
Q1 25
4.2%
-4.1%
Q4 24
4.3%
2.1%
Q3 24
4.6%
3.0%
Q2 24
5.0%
6.9%
EPS (diluted)
FND
FND
RYAN
RYAN
Q1 26
$0.37
$0.13
Q4 25
$0.36
Q3 25
$0.53
Q2 25
$0.58
Q1 25
$0.45
Q4 24
$0.44
Q3 24
$0.48
Q2 24
$0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FND
FND
RYAN
RYAN
Cash + ST InvestmentsLiquidity on hand
$293.6M
$154.7M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$2.5B
$1.2B
Total Assets
$5.6B
$11.0B
Debt / EquityLower = less leverage
2.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FND
FND
RYAN
RYAN
Q1 26
$293.6M
$154.7M
Q4 25
$158.3M
Q3 25
$153.5M
Q2 25
$172.6M
Q1 25
$203.5M
Q4 24
$540.2M
Q3 24
$235.2M
Q2 24
$1.7B
Total Debt
FND
FND
RYAN
RYAN
Q1 26
$3.5B
Q4 25
$3.3B
Q3 25
Q2 25
Q1 25
Q4 24
$3.3B
Q3 24
Q2 24
Stockholders' Equity
FND
FND
RYAN
RYAN
Q1 26
$2.5B
$1.2B
Q4 25
$2.4B
$648.1M
Q3 25
$2.4B
$630.5M
Q2 25
$2.3B
$610.1M
Q1 25
$2.2B
$542.5M
Q4 24
$2.2B
$627.7M
Q3 24
$2.1B
$632.8M
Q2 24
$2.0B
$605.9M
Total Assets
FND
FND
RYAN
RYAN
Q1 26
$5.6B
$11.0B
Q4 25
$5.5B
$10.6B
Q3 25
$5.5B
$9.9B
Q2 25
$5.4B
$10.6B
Q1 25
$5.4B
$9.9B
Q4 24
$5.1B
$9.6B
Q3 24
$4.9B
$8.5B
Q2 24
$4.8B
$8.3B
Debt / Equity
FND
FND
RYAN
RYAN
Q1 26
2.90×
Q4 25
5.16×
Q3 25
Q2 25
Q1 25
Q4 24
5.22×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FND
FND
RYAN
RYAN
Operating Cash FlowLast quarter
$109.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
2.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FND
FND
RYAN
RYAN
Q1 26
$109.2M
Q4 25
$124.1M
$263.2M
Q3 25
$102.5M
$169.7M
Q2 25
$84.1M
$353.6M
Q1 25
$71.2M
$-142.8M
Q4 24
$101.4M
$259.6M
Q3 24
$160.3M
$100.9M
Q2 24
$194.0M
$270.8M
Free Cash Flow
FND
FND
RYAN
RYAN
Q1 26
Q4 25
$45.1M
Q3 25
$24.5M
$167.3M
Q2 25
$-10.0M
Q1 25
$4.4M
$-143.5M
Q4 24
$3.9M
Q3 24
$36.5M
Q2 24
$80.0M
FCF Margin
FND
FND
RYAN
RYAN
Q1 26
Q4 25
4.0%
Q3 25
2.1%
22.6%
Q2 25
-0.8%
Q1 25
0.4%
-21.2%
Q4 24
0.4%
Q3 24
3.3%
Q2 24
7.1%
Capex Intensity
FND
FND
RYAN
RYAN
Q1 26
1.7%
Q4 25
7.0%
0.0%
Q3 25
6.6%
0.3%
Q2 25
7.8%
0.0%
Q1 25
5.7%
0.1%
Q4 24
8.8%
0.0%
Q3 24
11.1%
0.0%
Q2 24
10.1%
0.0%
Cash Conversion
FND
FND
RYAN
RYAN
Q1 26
2.75×
Q4 25
3.15×
32.99×
Q3 25
1.79×
5.46×
Q2 25
1.33×
6.80×
Q1 25
1.46×
Q4 24
2.14×
18.88×
Q3 24
3.10×
5.74×
Q2 24
3.42×
5.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FND
FND

Segment breakdown not available.

RYAN
RYAN

Compensation and benefits$495.2M62%
Other$260.4M33%
Change in contingent consideration$27.3M3%
Fiduciary investment income$12.3M2%

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