Ryerson Holding: Olympic Steel Changes The Earnings Algorithm

Ryerson is transforming post-Olympic Steel merger, focusing on network productivity, operating leverage, and synergy realization beyond traditional cyclical distribution. Q2 2026 saw revenue up 28.1% sequentially, EBITDA (ex-LIFO) at $101M, and early synergy capture exceeding initial targets, supporting a structurally higher earnings base. Management targets $120M annualized synergies by early 2028, with significant procurement and network optimization benefits already materializing ahead of schedule.

Seeking Alpha • Aug 25, 2026

Ryerson Holding Corporation (RYZ) Q2 2026 Earnings Call Transcript

Ryerson Holding Corporation (RYZ) Q2 2026 Earnings Call Transcript

Seeking Alpha • Jul 31, 2026

Constellium vs. Ryerson: Which Stock Has More Upside Potential Now?

CSTM and RYZ both ride aluminum demand, but stronger estimate revisions, share gains and valuation make Constellium stand out.

Zacks Investment Research • Jul 31, 2026

Ryerson Reports Second Quarter 2026 Results

Exceeded top line guidance, improved profitability, and grew book value of equity while delivering targeted second-quarter synergies and building momentum toward exceeding our first-year synergy run-rate target CHICAGO, July 29, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYZ), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2026. Highlights:  Generated revenue of $2.01 billion in the second quarter, Ryerson's first full reporting period following the February 13, 2026 merger with Olympic Steel, Inc., exceeding the Company's previously provided revenue guidance range with total tons shipped 22.6% higher and average selling prices 4.5% higher sequentially.

PRNewsWire • Jul 29, 2026

Ryerson to Host Earnings Call on Thursday, July 30th to Discuss Second Quarter 2026 Results

CHICAGO, July 2, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYZ), a leading value-added processor and distributor of industrial metals, today announces that it will host a conference call to discuss its second quarter 2026 financial results for the period ended June 30th, 2026 on Thursday, July 30th at 10 a.m. Eastern Time.

PRNewsWire • Jul 2, 2026

Ryerson Holding: Positioned For Margin Expansion As Industrial Restocking Commences

Trading at a 1.16x price-to-book ratio, Ryerson Holding offers an extreme margin of safety essentially pegged to the physical liquidation value of its warehouse inventory. FQ1 2026 data confirms the multi-year industrial destocking cycle has bottomed, forcing a structural restocking phase that will drive significant volume recovery. The $6.5 billion Olympic Steel merger doubled Ryerson's capacity at the exact cycle trough, securing massive low-cost stockpiles.

Seeking Alpha • Jun 9, 2026

Alcoa vs. Ryerson: Which Aluminum Stock Boasts Better Prospects?

AA and RYI ride higher aluminum prices, capacity expansion and shipment growth, but debt, costs and valuation gaps shape the aluminum stock debate.

Zacks Investment Research • May 25, 2026

Ryerson Holding Corporation (RYZ) Q1 2026 Earnings Call Transcript

Ryerson Holding Corporation (RYZ) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 9, 2026

Ryerson Reports First Quarter 2026 Results

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 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. Highlights: 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.

PRNewsWire • May 6, 2026

Ryerson to Host Earnings Call on Thursday, May 7th to Discuss First Quarter 2026 Results

CHICAGO, April 9, 2026 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYZ), a leading value-added processor and distributor of industrial metals, today announces that it will host a conference call to discuss its first quarter 2026 financial results for the period ended March 31, 2026 on Thursday, May 7th at 10 a.m. Eastern Time.

PRNewsWire • Apr 9, 2026