Business
Ryerson Reports First Quarter 2026 Results
Ryerson Holding Corporation (NYSE: RYZ), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2026.
About this update from Ryerson Holding Corporation
[{"type":"text","content":"Began integration of Olympic Steel and building early synergy momentum while generating our strongest same-store shipments in nearly four years, expanding margins, and improving profitability","length":191,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, May 6, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYZ), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2026.","length":214,"tagName":"p"},{"type":"image","alt":"Ryerson Logo","displaySize":"","headline":null,"caption":"Ryerson Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":51,"url":"https://media.zenfs.com/en/prnewswire.com/97ccb50d042929a6468468b096d8e2e6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/0qArZ1qeeYBqfqLEw9zTUg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTkw/https://media.zenfs.com/en/prnewswire.com/97ccb50d042929a6468468b096d8e2e6","width":400,"height":51}},"href":"https://mma.prnewswire.com/media/487322/Ryerson_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Generated first quarter revenue of $1.57 billion following the February 13th merger with Olympic Steel, Inc, with tons shipped up 31.2% and average selling prices up 5.2% compared to the first quarter of 2025. On a same-store basis, excluding Olympic Steel, Ryerson generated first quarter revenue of $1.29 billion, with tons shipped 4.6% higher and average selling prices 8.9% higher year-over-year.","length":400,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved net income of $4.5 million, or $0.10 per share, and Adjusted net income of $13.1 million1, or $0.30 per share. Adjusted EBITDA, excl. LIFO2 generation was $67.4 million, $12.5 million of which was attributable to Olympic Steel.","length":236,"tagName":"p"}]},{"val":[{"type":"text","content":"Initiated integration of Olympic Steel by aligning enterprise leadership, establishing dedicated integration teams, and building early synergy momentum, positioning the organization to attain the projected $120 million in annual run-rate synergies by early 2028.","length":262,"tagName":"p"}]},{"val":[{"type":"text","content":"Ended the first quarter with total company debt of $908 mil...