Ryerson Holding Corporation (RYI) Q4 2025 Earnings Call Transcript

Successfully completed merger with Olympic Steel, extended and expanded credit facility,  and generated fourth quarter top line metrics within guidance range while exceeding cash flow and leverage targets for the quarter CHICAGO, Feb. 19, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the fourth quarter and full year ended December 31, 2025. Highlights:  Generated fourth quarter revenue of $1.10 billion, with tons shipped down 4.9% and average selling prices flat compared to the prior quarter, in-line with guidance expectations given normal seasonality patterns and contractionary industrial demand conditions Ended the fourth quarter with debt of $463 million and net debt1 of $436 million, compared to $500 million and $470 million, respectively, as of the end of the third quarter Completed merger with Olympic Steel subsequent to quarter-end, increasing Ryerson's presence as North America's second-largest metals service center, enabling a further enhanced customer experience, and unlocking a projected $120 million in annual run-rate synergies to be realized over the next two years Also subsequent to quarter-end, the Company successfully extended the maturity of its credit facility and expanded its capacity from $1.3 billion to $1.8 billion, providing financial stability and flexibility for growth opportunities for the combined companies Declared a first quarter 2026 dividend of $0.1875 per share payable to shareholders of record as of March 5, 2026  A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.

CHICAGO and CLEVELAND, Feb. 13, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (formerly NASDAQ: ZEUS), a leading U.S. metals service center, together announce that they have successfully merged as of today. Ryerson is issuing 1.7105 shares of Ryerson common stock for every share of Olympic Steel common stock, after which former shareholders of Olympic Steel will hold approximately 37% of Ryerson.

Olympic Steel (ZEUS) is rated Buy, with the Ryerson (RYI) merger expected to drive long-term value despite near-term volatility. The merger targets $120 million in annual synergies, creating the second-largest U.S. metals service center and enhancing scale, efficiency, and cash flow. ZEUS's conservative capital discipline and RYI's dynamic capital returns will combine, balancing resilience and growth in a volatile steel market.

CHICAGO, Jan. 28, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its fourth quarter and full-year 2025 financial results for the period ended December 31, 2025 on Friday, February 20th at 10 a.m. Eastern Time.

NEW YORK, Jan. 17, 2026 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Ryerson Holding Corporation (NYSE: RYI)'s merger with Olympic Steel, Inc.

Ryerson Holding Corporation ( RYI ) Q3 2025 Earnings Call October 29, 2025 10:00 AM EDT Company Participants Justine Carlson Edward Lehner - President, CEO & Director Jim Claussen - Executive VP & CFO Molly Kannan - Corporate Controller & Chief Accounting Officer Conference Call Participants Richard Marabito - Olympic Steel, Inc. Samuel McKinney - KeyBanc Capital Markets Inc., Research Division Alan Weber - Robotti & Company Advisors, LLC Presentation Operator Good day, and welcome to the Ryerson Holding Corporation's Third Quarter 2025 Conference Call. Today's conference is being recorded.

CHICAGO and CLEVELAND , Oct. 28, 2025 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. (NASDAQ: ZEUS), a leading U.S. metals service center, announced today that they have entered into a definitive agreement to merge. The merger will enhance the combined company's presence as the second-largest North American metals service center and represents a highly compatible strategic match as it will bring Olympic Steel's complementary footprint, capabilities, and product offerings into Ryerson's intelligently interconnected network of value-added service centers.

Executed on self-help actions to achieve revenue within guidance range  against backdrop of protracted weak demand and tariff pricing conditions CHICAGO , Oct. 28, 2025 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the third quarter ended September 30, 2025. Highlights:  Generated third quarter revenue of $1.16 billion, in-line with guidance, with average selling prices up 2.6% and tons shipped down 3.2% compared to the prior quarter Generated net loss attributable to Ryerson Holding Corporation of $14.8 million, or diluted loss per share of $0.46, and Adjusted EBITDA, excluding LIFO1 of $40.3 million Ended the third quarter with debt of $500 million and net debt2 of $470 million, compared to $510 million and $479 million, respectively, as of the end of the second quarter Declared a fourth-quarter 2025 dividend of $0.1875 per share  A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.

CHICAGO , Oct. 1, 2025 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss its third quarter 2025 financial results for the period ended September 30, 2025 on Wednesday, October 29 th at 10 a.m. Eastern Time.