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 Corporation (NYSE: RYI) is a value-added processor and distributor of industrial metals with operations in the United States, Canada, Mexico, and China. This news page aggregates company announcements, earnings releases, and other disclosures that explain how Ryerson’s metals service center network is performing and evolving over time.
Readers can find quarterly and annual results where Ryerson reports net sales, tons shipped, average selling prices, gross margin metrics, and Adjusted EBITDA excluding LIFO. Management commentary in these releases provides context on demand conditions in manufacturing and industrial metals markets, pricing dynamics across carbon steel, aluminum, and stainless steel, and the company’s focus on service center fundamentals such as speed, availability, and on-time delivery.
Ryerson’s news flow also covers strategic and operational developments, including capital investment and modernization projects across its North American service center network, the opening and ramp-up of new or expanded facilities, and the operationalization of major capex initiatives. Announcements have highlighted efforts to integrate and optimize new assets, reduce annualized operating expenses, and advance what the company describes as an intelligently connected service center network.
Another key category of news involves corporate and governance updates. Recent items include the election of new directors to the board, declarations of quarterly cash dividends, and changes in senior leadership roles. In addition, Ryerson and Olympic Steel jointly announced an Agreement and Plan of Merger under which a Ryerson subsidiary will merge with Olympic Steel, with Olympic Steel becoming a wholly owned subsidiary of Ryerson, subject to customary approvals and conditions.
Investors and followers of the industrial metals sector can use this page to review Ryerson’s earnings announcements, merger-related communications, dividend declarations, and board updates in one place, and to track how the company describes its performance and strategic direction across reporting periods.
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.
Ryerson Holding (NYSE: RYI) reported Q1 2024 results with $1.24 billion in revenue, net loss of $7.6 million, and adjusted EBITDA of $40.2 million. The company started operations at University Park, IL, completed ERP integration at 17 service centers, and announced $40 million in cost reductions. Debt increased to $497 million with net debt of $455 million. Liquidity improved to $684 million. Ryerson's outlook for Q2 2024 includes a 1-3% increase in customer shipments and net sales ranging from $1.25-$1.29 billion.
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