Ryerson Holding Corp RYZ
Ryerson Holding Corporation ("Ryerson Holding"), a Delaware corporation, is the parent company of Joseph T. Ryerson & Son, Inc. ("JT Ryerson"), a Delaware corporation. As of December 31, 2025, affiliates of Platinum Equity, LLC ("Platinum") own approximately 3,924,478 shares of our common stock, which is approximately 12.2% of our issued and outstanding common stock.
We are a leading value-added processor and distributor of industrial metals with operations in the United States ("U.S.") through JT Ryerson and other U.S. subsidiaries, in Canada through our indirect wholly-owned subsidiary Ryerson Canada, Inc., a Canadian corporation ("Ryerson Canada"), and in Mexico through our indirect wholly-owned subsidiary Ryerson Metals de Mexico, S. de R.L. de C.V., a Mexican corporation ("Ryerson Mexico"). In addition to our North American operations, we conduct metal processing and distribution operations in China through an indirect wholly-owned subsidiary, Ryerson China Limited, a Chinese limited liability company ("Ryerson China"). Unless the context indicates otherwise, Ryerson Holding, JT Ryerson, Ryerson Canada, Ryerson Mexico, and Ryerson China together with their subsidiaries, are collectively referred to herein as "Ryerson," "we," "us," "our," or the "Company."
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Foreign Countries
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $4.11B | $4.14B | $4.64B |
| Foreign Countries | $461.8M | $457.6M | $466.4M |
As the company reported it, from the “Segment Information - Summary of Consolidated Financial Information of our Operations by Geographic Location (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.57B | $4.60B | $5.11B | $6.32B | $5.68B | $3.47B | $4.50B | $4.41B | $3.36B | $2.86B |
| Cost of revenue | $3.79B | $3.76B | $4.09B | $5.01B | $4.53B | $2.85B | $3.67B | $3.65B | $2.78B | $2.29B |
| Gross profit | $782.2M | $834.2M | $1.02B | $1.31B | $1.15B | $621.1M | $827.9M | $758.1M | $582.5M | $570.6M |
| SG&A | $809.6M | $801.2M | $793.5M | $735.2M | $711.2M | $554.3M | $636.8M | $614.7M | $481.4M | $447.5M |
| Operating income | -$30.8M | $31.5M | $228.1M | $578.7M | $545.2M | $64.6M | $210.8M | $139.2M | $101.1M | $122.1M |
| Pre-tax income | -$71.2M | -$7.4M | $193.7M | $522.9M | $389.1M | -$90.1M | $115.2M | $116.7M | $16.7M | $26.1M |
| Income tax | $16.1M | $100.0K | $47.3M | $131.4M | $93.7M | $24.8M | $32.5M | $10.3M | $1.3M | $7.2M |
| Net income | -$56.4M | -$8.6M | $145.7M | $391.0M | $294.3M | -$65.8M | $82.4M | $106.0M | $17.1M | $18.7M |
| EPS, basic | -1.76 | -0.26 | 4.17 | 10.41 | 7.67 | -1.73 | 2.19 | 2.84 | 0.46 | 0.55 |
| EPS, diluted | -1.76 | -0.26 | 4.10 | 10.21 | 7.56 | -1.73 | 2.17 | 2.81 | 0.46 | 0.54 |
| Shares, diluted (wtd. avg.) | 32.1M | 33.2M | 35.6M | 38.3M | 38.9M | 38.0M | 38.0M | 37.7M | 37.3M | 34.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $26.9M | $27.7M | $54.3M | $39.2M | $51.2M | $61.4M | $11.0M | $23.2M | $77.4M | $80.7M |
| Receivables | $460.8M | $425.6M | $467.7M | $514.4M | $630.8M | $378.9M | $425.1M | $521.0M | $376.3M | $326.0M |
| Inventory | $648.3M | $684.6M | $782.5M | $798.5M | $832.1M | $604.5M | $742.9M | $806.3M | $616.5M | $563.4M |
| Total current assets | $1.22B | $1.21B | $1.38B | $1.44B | $1.59B | $1.10B | $1.28B | $1.41B | $1.10B | $997.8M |
| Property, plant and equipment | $609.8M | $636.7M | $589.6M | $458.4M | $388.3M | $421.8M | $439.7M | $489.0M | $422.9M | $388.2M |
| Goodwill | $161.5M | $161.8M | $157.8M | $129.2M | $124.1M | $120.3M | $120.3M | $120.3M | $115.3M | $103.2M |
| Other intangibles | $58.2M | $68.3M | $73.7M | $50.9M | $42.2M | $43.2M | $50.6M | $58.1M | $46.9M | $40.8M |
| Total assets | $2.40B | $2.44B | $2.57B | $2.33B | $2.37B | $1.80B | $2.02B | $2.09B | $1.71B | $1.56B |
| Accounts payable | $516.0M | $440.8M | $463.4M | $438.4M | $481.2M | $365.1M | $311.5M | $390.2M | $275.0M | $230.4M |
| Short-term debt | $1.9M | $700.0K | $8.2M | $5.8M | $28.8M | $13.8M | $49.2M | $27.3M | $21.3M | $19.2M |
| Total current liabilities | $668.1M | $580.1M | $633.9M | $619.2M | $751.0M | $527.6M | $491.9M | $569.0M | $402.7M | $332.4M |
| Long-term debt | — | — | — | — | $610.5M | $726.2M | $932.6M | $1.13B | $1.02B | $944.3M |
| Total liabilities | $1.64B | $1.61B | $1.66B | $1.44B | $1.82B | $1.66B | $1.84B | $2.01B | $1.72B | $1.61B |
| Retained earnings | $698.8M | $779.6M | $813.2M | $692.5M | $321.7M | $33.8M | $99.6M | $14.2M | -$95.1M | -$112.2M |
| Total equity | $753.1M | $815.3M | $914.5M | $893.0M | $544.6M | $145.1M | $178.6M | $75.9M | -$7.4M | -$49.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $87.0M | $204.9M | $365.1M | $501.2M | $35.0M | $277.9M | $193.1M | $57.4M | -$2.5M | $24.8M |
| Depreciation and amortisation | $79.7M | $77.6M | $62.5M | — | — | — | — | — | — | — |
| Stock-based compensation | $8.7M | $11.6M | $13.8M | $9.1M | $5.5M | $1.9M | $3.1M | $3.3M | $2.2M | $1.4M |
| Capital expenditure | $51.5M | $99.6M | $121.9M | $105.1M | $59.3M | $26.0M | $45.8M | $38.4M | $25.1M | $23.0M |
| Investing cash flow | -$53.6M | -$142.7M | -$262.1M | -$160.0M | $94.4M | -$25.9M | $26.4M | -$200.2M | -$70.3M | -$19.8M |
| Financing cash flow | -$36.5M | -$86.8M | -$88.3M | -$350.1M | -$137.9M | -$250.2M | -$183.8M | $92.9M | $65.7M | $11.4M |
| Dividends paid | $24.1M | $24.8M | $24.8M | $19.9M | $6.4M | — | — | — | — | — |
| Buybacks | $0 | $51.0M | $113.9M | $50.0M | $1.8M | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-062397.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.86B | $3.36B | $4.41B | $4.50B | $3.47B | $5.68B | $6.32B | $5.11B | $4.60B | $4.57B |
| Gross profit | $570.6M | $582.5M | $758.1M | $827.9M | $621.1M | $1.15B | $1.31B | $1.02B | $834.2M | $782.2M |
| Net income | $18.7M | $17.1M | $106.0M | $82.4M | -$65.8M | $294.3M | $391.0M | $145.7M | -$8.6M | -$56.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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