Every 8-K that RYERSON HOLDING CORPORATION (RYI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow RYI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RYI filings page.
Ryerson Holding Corporation furnished an investor presentation highlighting its recent merger with Olympic Steel and updated financial profile. The combined company reported Q1 2026 revenue of $1.57 billion, with tons shipped up 31.2% and average selling prices up 5.2% versus Q1 2025.
On a same-store basis, Q1 2026 revenue was $1.29 billion, with tons shipped 4.6% higher and prices 8.9% higher year-over-year. Total Company Adjusted EBITDA, excluding LIFO, was $67.4 million, including $12.5 million from Olympic Steel in six weeks post-close.
Ryerson describes a leading North American metals platform with a combined market share of 7.2%, market capitalization of $1.2 billion, net debt of $883 million, and roughly 160 operating locations as of March 31, 2026. Management targets approximately $120 million in expected annual run-rate merger synergies and more than $190 million pro forma free cash flow, supported by procurement savings, efficiency gains, network optimization, and commercial enhancements.
Ryerson Holding Corporation reported strong first quarter 2026 growth following its merger with Olympic Steel. Net sales rose to $1.57 billion, up 37.9% year-over-year, with tons shipped up 31.2% and average selling price per ton up 5.2%.
The company generated net income of $4.5 million, or $0.10 per diluted share, versus losses a year ago, and Adjusted EBITDA, excluding LIFO, of $67.4 million, more than doubling year-over-year. Olympic Steel contributed $273 million of revenue and $12.5 million of Adjusted EBITDA, excluding LIFO, and management targets $120 million in annual run-rate synergies by early 2028.
Debt increased to $907.7 million and net debt to $882.6 million, partly from paying off Olympic Steel’s debt and higher working capital, while operating activities used $179.2 million of cash. The Board declared a quarterly dividend of $0.1875 per share and authorized up to $100 million of share repurchases through April 30, 2028. For the second quarter of 2026, Ryerson expects net sales of $1.86–$1.93 billion, net income of $20–$22 million, and Adjusted EBITDA, excluding LIFO, of $88–$92 million.
Ryerson Holding Corporation reported results of its April 30, 2026 annual meeting. Stockholders approved the Third Amended and Restated 2014 Omnibus Incentive Plan, adding 1,500,000 shares of common stock to the shares reserved for awards and extending the plan’s expiration to April 29, 2036. They also approved an amendment to the certificate of incorporation to provide for officer exculpation in certain circumstances permitted by Delaware law, re‑elected three Class III directors, ratified KPMG LLP as independent auditor for 2026, and approved the non‑binding say‑on‑pay resolution. Director Kirk K. Calhoun did not stand for re‑election and ceased serving on the Board.
Ryerson Holding Corporation shared an investor presentation detailing its outlook after closing an all-stock merger with Olympic Steel. The combined company becomes the clear number-two metals service center in North America with pro forma 2024 revenue of about $6.5B and pro forma adjusted EBITDA around $325M, implying an adjusted EBITDA margin near 5%.
Ryerson targets approximately $120M of annual run-rate synergies by the end of year two, with roughly 33% expected in year one and one-time implementation costs of about $40M. Management highlights expected pro forma leverage below 3x and more than $190M in pro forma free cash flow, alongside roughly $480M of recent four-year capital investments and a goal of over 20% project returns on growth capex. For Q1 2026, the company guides to revenue between $1.52B and $1.58B and adjusted EBITDA excluding LIFO in the $63M to $67M range.
Ryerson Holding Corporation reported fourth-quarter 2025 revenue of $1.10 billion, up 9.7% year over year, but posted a net loss of $37.9 million or $1.18 per diluted share as gross margin compressed to 15.3%.
For full-year 2025, revenue was $4.57 billion, down slightly from 2024, with a net loss of $56.4 million. Adjusted EBITDA excluding LIFO reached $20.4 million in Q4 and $138.5 million for the year. Net debt was $436 million, bringing leverage down to 3.1x.
Ryerson closed its all-stock merger with Olympic Steel, whose shareholders now own about 37% of the combined company. The deal creates North America’s second-largest metals service center and targets roughly $120 million in annual run-rate synergies by early 2028. The company also extended and upsized its revolving credit facility from $1.3 billion to $1.8 billion.
The Board declared a quarterly dividend of $0.1875 per share, payable March 19, 2026. For first-quarter 2026, including Olympic Steel’s stub period, Ryerson guides to revenue of $1.52–$1.58 billion and Adjusted EBITDA excluding LIFO of $63–$67 million, supported by higher shipments and expected margin recovery.
Ryerson Holding Corporation filed an amended current report to add unaudited pro forma financials for its completed all‑stock acquisition of Olympic Steel. Olympic shareholders received 1.7105 Ryerson shares for each Olympic share, resulting in ownership of approximately 37% of the combined company, with Ryerson shareholders holding about 63%.
The total purchase consideration is shown at $777.7M, including equity issued and $240.9M of Olympic debt extinguished. A preliminary allocation assigns $51.1M to goodwill and $110.2M to identifiable intangible assets. Pro forma combined net sales are $6,536.6M for 2024 and $4,944.9M for the nine months ended September 30, 2025.
The pro forma results show net losses attributable to Ryerson of $(2.0)M for 2024 and $(10.8)M for the nine months ended September 30, 2025, or basic and diluted losses per share of $(0.04) and $(0.21), respectively. Ryerson financed the cash portion and costs through an amended credit facility that increased revolving commitments from $1.3B to $1.8B and extended maturity to February 13, 2031.
Ryerson Holding Corporation completed its stock-for-stock merger with Olympic Steel, Inc., issuing 1.7105 Ryerson shares for each Olympic share and approximately 19.5 million Ryerson shares in total. Former Olympic shareholders now own about 37% of the combined company.
Ryerson amended its asset-based credit facility, extending the maturity to five years from closing and increasing total commitments from $1.3 billion to $1.8 billion, with proceeds helping repay Olympic’s prior credit facility. The company added several former Olympic leaders, including Michael Siegal as board chair and Richard Marabito as president and COO, declared a quarterly dividend of $0.1875 per share, and will change its NYSE ticker from RYI to RYZ on February 24, 2026. The combined business expects roughly $120 million in annual synergies by early 2028.
Ryerson Holding Corporation reported that its stockholders approved the issuance of Ryerson common stock required to complete its planned merger with Olympic Steel, Inc. At the special meeting, 29,296,712.52 shares were represented, about 90.95% of the 32,211,943 shares entitled to vote, establishing a quorum.
The Ryerson issuance proposal passed with 29,137,754.52 votes for, 155,559 against and 3,399 abstentions, so no adjournment vote was needed. A joint press release states the merger closing is expected on February 13, 2026, when Olympic Steel shareholders will receive 1.7105 Ryerson shares for each Olympic Steel share and Olympic Steel will cease trading on the NASDAQ.
Ryerson Holding Corporation released preliminary fourth quarter 2025 results showing weaker profitability than expected but solid cash generation and lower leverage. Revenue was $1.10 billion, with tons shipped down 4.9% and average selling prices essentially flat versus the third quarter. Gross margin compressed to 15.3% from 17.2% as material costs rose faster than resale prices, and LIFO expense increased to $22.5 million, above prior guidance.
Net loss attributable to Ryerson was $37.9 million, or $1.18 per diluted share, much wider than the expected loss of $9 million to $7 million. Adjusted EBITDA excluding LIFO was $20.4 million, below the guided $33 million to $37 million range. Despite this, Ryerson generated $112.7 million of operating cash flow, reduced debt to $463 million, lowered net debt to $436 million, and improved its leverage ratio from 3.7x to 3.1x.
For the first quarter of 2026, Ryerson guides to a volume increase of 13%–15% over the fourth quarter, net sales of $1.26 billion to $1.30 billion, and flat to up 2% prices. It expects net income of $10 million to $12 million before merger fees and Adjusted EBITDA excluding LIFO of $51 million to $54 million, while using cash to fund working capital. The company and Olympic Steel continue to work toward closing their all-stock merger in the first quarter of 2026; assuming Olympic contributes for the last six weeks of the quarter, Ryerson estimates combined revenue of $1.52 billion to $1.58 billion and Adjusted EBITDA excluding LIFO of $63 million to $67 million.
Ryerson Holding Corporation announced a definitive agreement to acquire Olympic Steel in an all‑stock merger. Each share of Olympic common stock will be converted into the right to receive 1.7105 shares of Ryerson common stock, rounded down to the nearest whole share, with cash paid in lieu of fractional shares.
Closing is conditioned on Olympic shareholder approval, Ryerson stockholder approval for the share issuance, the effectiveness of a Form S‑4, NYSE listing approval for the new Ryerson shares, HSR Act clearance, absence of legal prohibitions, and other customary conditions. The merger agreement includes reciprocal $15 million termination fees tied to recommendation changes and up to $10 million expense reimbursement if stockholder approvals are not obtained.
Post‑closing, Ryerson’s board will expand to 11 directors, adding four Olympic designees. Michael Siegal will become Board Chair; Stephen Larson will resign at closing. Executive appointments include Richard Marabito as President and COO of Ryerson, with a $3,880,000 RSU sign‑on award vesting on the third anniversary of closing. Olympic equity and cash awards will be assumed, vested, or cash‑settled as specified.
Ryerson Holding Corporation reported that it issued a press release announcing financial results for the quarter ended September 30, 2025, and furnished a supplemental presentation.
Ryerson also announced it entered into an Agreement and Plan of Merger under which a wholly owned subsidiary will merge with Olympic Steel, Inc., with Olympic surviving as a wholly owned subsidiary of Ryerson, subject to the terms and conditions of the Merger Agreement. A joint press release and joint investor presentation were furnished.
The Board declared a quarterly cash dividend of $0.1875 per share, payable on December 18, 2025, to stockholders of record on December 4, 2025. Certain materials were furnished as exhibits and not deemed filed under the Exchange Act.
Ryerson Holding Corporation (NYSE: RYI) filed an 8-K dated 16 Jul 2025 announcing the departure of John Orth, Executive Vice President of Operations, who will step down from all roles on 31 Jul 2025. Under Item 5.02, the company confirms that Orth will receive severance consistent with his employment agreement.
- No successor or interim appointment was disclosed, leaving the operational leadership transition plan unspecified.
- The filing contains no financial results, guidance, or strategic updates; it is limited solely to the executive change.
The only direct financial implication is the severance payout, which is not quantified. Investors should monitor subsequent disclosures for succession details and any impact on Ryerson’s operations or strategy.