Welcome to our dedicated page for Ryerson Hldg news (Ticker: RYI), a resource for investors and traders seeking the latest updates and insights on Ryerson Hldg stock.
Ryerson Holding Corp (RYI) provides essential metals processing and distribution services across North America and China. This news hub offers investors and industry professionals centralized access to official updates and analysis on this 180-year-old industrial metals leader.
Track RYI's latest developments including earnings reports, strategic partnerships, operational expansions, and market positioning within the cyclical metals sector. Our curated feed ensures timely access to press releases covering inventory management innovations, sustainability initiatives, and value-added processing advancements.
Key focus areas include stainless steel/aluminum market trends, supply chain optimization efforts, and service center network updates. Bookmark this page for unfiltered access to Ryerson's financial communications, leadership announcements, and material developments impacting the global manufacturing sector.
Ryerson Holding Corporation (NYSE: RYI) reported Q1 2025 results with revenue of $1.14 billion on 500,000 tons shipped at an average selling price of $2,271 per ton. The company posted a net loss of $5.6 million, or $0.18 per diluted share.
Key highlights include:
- 12% year-over-year increase in transactional sales
- Gross margin of 18.0%, with LIFO-adjusted margin at 18.6%
- Total debt of $498 million and net debt of $464 million
- Declared Q2 2025 dividend of $0.1875 per share
The company showed improved plant productivity and working capital management despite challenging industry conditions. For Q2 2025, Ryerson expects shipments to range between -1% to +1% quarter-over-quarter, with net sales projected between $1.15-1.19 billion. The company anticipates adjusted EBITDA excluding LIFO of $40-45 million and earnings per diluted share of $0.07-0.14.
Ryerson Holding (NYSE: RYI), a leading industrial metals processor and distributor, has announced the election of Lt. Gen. Bruce T. Crawford (U.S. Army Ret.) to its Board of Directors. Crawford brings 34 years of military service experience, having served as the U.S. Army's Chief Information Officer and principal enterprise IT and cybersecurity policy advisor.
Following his military career, Crawford held key positions at Jacobs Solutions Inc., including Chief of Innovation and Senior Vice President for Strategic Development in their $5 billion government-focused Critical Mission Solutions division. He currently serves on multiple boards, including Foundation Risk Partners, Comtech Telecommunications Corp, and the George C. Marshall International Center.
Crawford holds degrees from South Carolina State University, Central Michigan University, and the National Defense University, specializing in electrical engineering, administration, and national resource strategy.
Ryerson Holding (NYSE: RYI), a leading value-added processor and distributor of industrial metals, has scheduled its first quarter 2025 earnings conference call for Thursday, May 1st, 2025, at 10:00 a.m. Eastern Time. The company will release its financial results for the period ended March 31, 2025, after market close on Wednesday, April 30th.
The earnings call will be accessible via phone at 888-394-8218 (U.S. & Canada) or 646-828-8193 (International) using conference ID 7573539. A live online broadcast will be available on the company's investor relations website, ir.ryerson.com, with a replay accessible for 90 days afterward.
Ryerson, founded in 1842, operates across the United States, Canada, Mexico, and China, employing approximately 4,200 people across more than 110 locations.
Ryerson Holding (NYSE: RYI) reported its Q4 and full-year 2024 results. The company generated Q4 revenue of $1.01 billion on 447,000 tons shipped, with an average selling price of $2,254 per ton. Q4 highlights include operating cash flow of $92.2 million and free cash flow of $68.9 million.
The company reported a Q4 net loss of $4.3 million, or $0.13 per diluted share, and Adjusted EBITDA excluding LIFO of $10.3 million. For full-year 2024, Ryerson generated net sales of $4.6 billion, down 10% from 2023, with a net loss of $8.6 million.
The company achieved its target of $60 million in annualized operating expense reduction and ended Q4 with debt of $468 million and net debt of $440 million. Looking ahead to Q1 2025, Ryerson expects customer shipments to increase 11-13% quarter-over-quarter, with net sales projected between $1.12-1.15 billion.
Ryerson Holding (NYSE: RYI), a leading value-added processor and distributor of industrial metals, has scheduled its fourth quarter and full-year 2024 earnings conference call for Friday, February 21st, 2025, at 10:00 a.m. Eastern Time. The company will release its financial results after market close on Thursday, February 20th.
The earnings call will be accessible via phone at 888-256-1007 (U.S. & Canada) or 929-477-0448 (International) using conference ID 6231309. A live webcast will be available on Ryerson's Investor Relations website, with a replay accessible for 90 days afterward.
Founded in 1842, Ryerson operates across the United States, Canada, Mexico, and China, employing approximately 4,200 people across more than 110 locations.
Ryerson Holding (NYSE: RYI) reported Q3 2024 results with revenue of $1.13 billion from 485,000 tons shipped. The company incurred a net loss of $6.6 million, or $0.20 per diluted share. Key highlights include $134.6 million in operating cash flow and $103.4 million in free cash flow. The company returned $42.0 million to shareholders through share repurchases ($36.0 million) and dividends ($6.0 million). Ryerson reduced inventory by $80.8 million and ended the quarter with debt of $522 million and net debt of $487 million.
Ryerson Holding (NYSE: RYI), a leading value-added processor and distributor of industrial metals, has announced its upcoming third quarter 2024 earnings call. The call is scheduled for Wednesday, October 30th at 10 a.m. Eastern Time. Ryerson will release its financial results for the period ended September 30, 2024, after market close on Tuesday, October 29th.
Investors can access the live online broadcast on Ryerson's Investor Relations website, ir.ryerson.com. For those unable to attend, an online replay will be available on the same website for 90 days following the call. The conference call dial-in numbers are 888-256-1007 (U.S. & Canada) and 929-477-0448 (International), with the conference ID 3996427.
Ryerson, founded in 1842, operates in the United States, Canada, Mexico, and China, employing around 4,400 people across over 110 locations.
Ryerson Holding (NYSE: RYI), a leading industrial metals processor and distributor, has acquired Production Metals, , a Connecticut-based distributor of aluminum, stainless, and specialty steels. This acquisition aims to strengthen Ryerson's value-added offerings in the Northeastern United States and across its network of service centers.
Production Metals serves the aerospace, defense, and semiconductor markets, offering bar, tube, sheet, and plate products along with precision sawing, lasering, and water jet cutting services. The company's reputation for service aligns with Ryerson's commitment to customer experience, while its precision cutting capabilities enhance Ryerson's value-added business.
Ryerson Holding (NYSE: RYI) reported Q2 2024 results with net income of $9.9 million and Adjusted EBITDA of $42.6 million. Key highlights include:
- Revenue of $1.23 billion from 508,000 tons shipped
- Diluted EPS of $0.29
- Reduced operating expenses by $17.8 million
- Returned $20.4 million to shareholders through share repurchases and dividends
- Increased share repurchase authorization by $50 million
- Announced Q3 2024 dividend of $0.1875 per share
The company faced challenges from a compressed pricing environment and declining industry demand but saw improvements in tons sold, reduced expenses, and inventory levels. Ryerson updated its annualized cost reduction expectations to $60 million from $40 million previously announced.
Ryerson Holding (NYSE: RYI) announced it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, July 31, 2024, at 10 a.m. Eastern Time. The call will be available on the company's Investor Relations website, with an earnings report set to be released after market close on Tuesday, July 30, 2024. Participants can join via dial-in numbers provided for U.S. & Canada and international callers. An online replay will be available for 90 days post-call. Ryerson, a key player in processing and distributing industrial metals, operates in the U.S., Canada, Mexico, and China, employing approximately 4,400 individuals across 114 locations.