Ryerson Reports Second Quarter 2026 Results
Ryerson reported second quarter revenue of $2.01 billion, exceeding the company's guidance and reflecting a 28.1% increase from the prior quarter, driven primarily by the inclusion of Olympic Steel results. Adjusted EBITDA excluding LIFO increased 49.9% sequentially to $101.0 million, and the company realized $5 million in synergies, positioning it to exceed its first-year annual run-rate target.
Key figures
- Eps
- 0.3
- Eps Beat
- 0
- Revenue
- 2006200000
- Guidance
- Q3 2026 revenue $1.87B - $1.95B; EPS $0.37 - $0.40 (excl. inventory purchase accounting); Adj. EBITDA excl. LIFO $88M - $92M
- Revenue Yoy
- 71.6%
- Net debt
- 913300000
- Gross margin
- 17.7%
- Tons shipped
- 804000
- Dividend per share
- 0.1875
- Gross margin ex lifo
- 18.6%
- Olympic steel revenue
- 564000000
- Synergy realization q2
- 5000000
- Adjusted ebitda ex lifo
- 101000000
- Synergy run rate target q3
- 52 - 56
- Average selling price per ton
- 2495
AI analysis
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