Ryerson to Host Earnings Call on Thursday, October 29th to Discuss Third Quarter 2026 Results
Ryerson Reports Second Quarter 2026 Results
RYI: 10-Q · periodic report
Ryerson Holding reported net sales of $3.57 billion for the six months ended June 30, 2026, a 55% increase from the prior year period, driven by the February 2026 acquisition of Olympic Steel and improved market demand. The company achieved net income attributable to Ryerson Holding Corporation of $20.0 million, reversing a net loss of $3.7 million in the same period last year. Adjusted net income for the six months was $40.7 million, excluding one-time acquisition-related costs and purchase accounting inventory adjustments. Total liquidity was $757 million as of June 30, 2026, while total debt increased to $955.2 million primarily to fund the acquisition and increased working capital. The Board of Directors declared a quarterly dividend of $0.1875 per share.
RYI: 8-K · other
Ryerson Holding Corporation reported Q1 2026 revenue of $1.57 billion and Adjusted EBITDA (excl. LIFO) of $67.4 million, driven by a 31.2% increase in tons shipped and a 5.2% rise in average selling prices following its February merger with Olympic Steel. The company highlighted $120 million in expected annual run-rate synergies from the merger, with $1 million already realized in Q1 and $4-6 million expected in Q2, alongside a capital allocation plan featuring a $75 million capex budget and a $100 million share buyback authorization. Management noted that Ryerson trades at a discount to book value compared to peers, implying a share price of approximately $46 if it achieves industry-average multiples, while maintaining a quarterly dividend of $0.1875 per share with a 3.3% annual yield.
Almonty Industries Inc. Appoints Jorge Beristain as Chief Financial Officer to Lead Next Phase of Growth
Almonty Industries appointed Jorge Beristain as Chief Financial Officer, effective June 1, 2026, replacing outgoing CFO Brian Fox effective immediately. Guillaume de Lamaziere, Chief Development Officer, will serve as Interim CFO until Beristain's start date. Mr. Beristain most recently served as Vice President of Finance at Ryerson Holding Corp and previously held senior roles at Deutsche Bank, bringing extensive capital markets and mining sector experience to the role.
