Earnings summaries and quarterly performance for Ryerson Holding.
Executive leadership at Ryerson Holding.
Edward Lehner
Detailed
President & Chief Executive Officer
CEO
JC
James Claussen
Detailed
Executive Vice President & Chief Financial Officer
MS
Mark Silver
Detailed
Executive Vice President, General Counsel & Chief Human Resources Officer
MK
Molly Kannan
Detailed
Chief Accounting Officer and Corporate Controller
SS
Srini Sundarrajan
Detailed
Chief Information Officer
Board of directors at Ryerson Holding.
Research analysts who have asked questions during Ryerson Holding earnings calls.
KJ
Katja Jancic
BMO Capital Markets
4 questions for RYI
Also covers: AA, ARCH, ASTL +9 more
Samuel McKinney
KeyBanc Capital Markets
4 questions for RYI
Also covers: RDUS, WS, ZEUS
AW
Alan Weber
Robotti & Company, Inc.
2 questions for RYI
CJ
Curtis Jensen
Robotti & Company, Incorporated
1 question for RYI
Konner Reed
Integrity Asset Management
1 question for RYI
Philip Gibbs
KeyBanc Capital Markets
1 question for RYI
Also covers: ATI, CLF, CMC +10 more
TA
Tariq Ali
Invenire Capital
1 question for RYI
Recent press releases and 8-K filings for RYI.
Ryerson Holding Corp Details Merger Terms and Leadership Appointments
RYI
M&A
Board Change
Management Change
- The document outlines the terms of a merger where each share of Company Common Stock will be converted into 1.7105 shares of Parent Common Stock.
- Following the merger, the Parent Board will expand to 11 directors, consisting of seven incumbent Parent directors and four directors designated by the Company.
- Key leadership roles in the Parent company will be filled by current Company officers, including Richard Marabito as President and Chief Operating Officer, and Andrew Greiff as Executive Vice President of Parent and President of the Company.
- J.P. Morgan Securities LLC has provided an opinion that the Exchange Ratio of 1.7105 is fair, from a financial point of view, to Parent.
Oct 30, 2025, 1:45 AM
RYI Reports Q3 2025 Results, Declares Dividend, and Provides Q4 Guidance
RYI
Earnings
Guidance Update
Dividends
- RYI reported revenue of $1.16 billion and a net loss of $14.8 million, resulting in a diluted loss per share of $0.46 for Q3 2025.
- For Q4 2025, the company expects an adjusted diluted loss per share of ($0.25).
- RYI maintained strong global liquidity at $521 million, with total debt at $500 million and net debt at $470 million, reflecting sequential decreases of $10 million and $9 million, respectively.
- A fourth-quarter 2025 dividend of $0.1875 per share was declared.
- The company continues to invest in modernization and expansion projects, including a new 900,000 sq ft CS&W HQ in University Park and an expanded tube processing facility in Atlanta.
Oct 29, 2025, 2:00 PM
Ryerson Reports Q3 2025 Results and Announces All-Stock Merger with Olympic Steel
RYI
Earnings
Guidance Update
M&A
- Ryerson reported a net loss of $14.8 million, or $0.46 per diluted share, on net sales of $1.16 billion for Q3 2025, with adjusted EBITDA excluding LIFO at $40.3 million.
- For Q4 2025, the company forecasts revenues between $1.07 and $1.11 billion, adjusted EBITDA excluding LIFO in the range of $33 to $37 million, and a net loss per share between $0.28 and $0.22 per diluted share.
- Ryerson announced an all-stock merger with Olympic Steel, expected to close in Q1 2026, creating the second largest metal service center in North America with over $6.5 billion in combined revenue and anticipated synergies of $120 million over two years.
- This merger is expected to result in a stronger financial profile, greater free cash flow, and a more flexible balance sheet, enhancing the combined company's market presence and product offerings.
Oct 29, 2025, 2:00 PM
Ryerson Reports Q3 2025 Results and Announces Merger with Olympic Steel
RYI
Earnings
M&A
Demand Weakening
- For Q3 2025, Ryerson reported net sales of $1.16 billion and an adjusted EBITDA excluding LIFO of $40.3 million, leading to a net loss of $14.8 million or $0.46 per diluted share. The company's leverage ratio for the quarter was 3.7 times, with $521 million in liquidity.
- Looking ahead to Q4 2025, Ryerson expects revenues to be in the range of $1.07 billion to $1.11 billion, with adjusted EBITDA excluding LIFO projected between $33 million and $37 million, and a net loss per diluted share between $0.28 and $0.22. Volumes are anticipated to soften by 5% to 7%.
- Ryerson announced a merger agreement with Olympic Steel, an all-stock transaction targeted to close in Q1 2026. This combination will create the second largest metal service center in North America, with over $6.5 billion in combined revenue.
- The merger is expected to generate $120 million in synergies phased in over two years, with Ryerson shareholders owning 63% and Olympic Steel shareholders 37% of the combined company. The pro forma adjusted EBITDA margins are expected to approach 6%, and leverage is estimated at approximately 3 times post-close.
Oct 29, 2025, 2:00 PM
Ryerson Holding Corporation and Olympic Steel Announce Merger
RYI
M&A
Guidance Update
New Projects/Investments
- Ryerson Holding Corporation and Olympic Steel announced an all-stock merger that will create the second largest metal service center in North America.
- The combined entity is projected to have over $6.5 billion of revenue (based on 2024 combined revenue) and expects to realize $120 million in synergies phased in over two years.
- Ryerson shareholders will own 63% and Olympic Steel shareholders will own approximately 37% of the new company, with the transaction targeted to close in Q1 2026.
- Edward Lehner will serve as CEO and Richard Marabito as President and COO of the combined company, which will have a pro forma adjusted EBITDA margin approaching 6% and leverage of approximately three times post-close.
Oct 29, 2025, 2:00 PM
Ryerson Holding Corporation and Olympic Steel Announce Merger Agreement
RYI
M&A
Board Change
- Ryerson Holding Corporation and Olympic Steel, Inc. have entered into a definitive agreement to merge, which will enhance the combined company's presence as the second-largest North American metals service center.
- Under the terms, Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share owned and will own approximately 37% of the combined company.
- The transaction is expected to generate approximately $120 million in annual synergies by the end of year two and is anticipated to close in the first quarter of 2026.
- Eddie Lehner, current CEO of Ryerson, will serve as CEO of the combined company, with Richard T. Marabito, current CEO of Olympic Steel, serving as President and Chief Operating Officer. Michael D. Siegal, Executive Chairman of Olympic Steel, will be appointed chairman of the 11-member Board.
Oct 28, 2025, 8:51 PM
Ryerson Holding Corporation Reports Q3 2025 Results and Announces Olympic Steel Acquisition
RYI
Earnings
M&A
Guidance Update
- Ryerson Holding Corporation reported Q3 2025 revenue of $1.16 billion, with a net loss of $14.8 million and a diluted loss per share of $0.46.
- The company declared a fourth-quarter 2025 dividend of $0.1875 per share and ended Q3 2025 with $500 million in debt and $470 million in net debt.
- Ryerson entered into a definitive merger agreement to acquire Olympic Steel, Inc..
- For Q4 2025, the company forecasts net sales between $1.07 billion and $1.11 billion and a diluted loss per share ranging from $0.28 to $0.22.
Oct 28, 2025, 8:34 PM
Ryerson Holding Corporation Announces Q3 2025 Results and Merger Agreement with Olympic Steel
RYI
Earnings
M&A
Dividends
- Ryerson Holding Corporation reported Q3 2025 revenue of $1.16 billion, a net loss of $14.8 million, and a diluted loss per share of $0.46 for the quarter ended September 30, 2025.
- On October 28, 2025, Ryerson announced a definitive agreement to merge with Olympic Steel, Inc., which will create the second largest North American metals service center.
- The all-stock merger involves Olympic Steel shareholders receiving 1.7105 Ryerson shares for each Olympic Steel share, resulting in them owning approximately 37% of the combined company.
- The transaction is expected to generate approximately $120 million in annual synergies by the end of year two, is projected to be immediately accretive pre-synergies, and is anticipated to close in the first quarter of 2026.
- Ryerson's Board of Directors also declared a quarterly cash dividend of $0.1875 per share for the fourth quarter of 2025, payable on December 18, 2025.
Oct 28, 2025, 8:31 PM
Quarterly earnings call transcripts for Ryerson Holding.
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