RYZNYSEWholesale-Metals Service Centers & of ficesFiscal year ends December 31
Ryerson Holding Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$27.89+0.43 (+1.57%)
Close on Oct 19, 2026
- Market cap
- $1.47B
- P/E (TTM)
- –
- Dividend yield
- 2.69%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
17.1%−0.8 pts over 5 years
Operating margin
-0.7%−2.5 pts over 5 years
Net margin
-1.2%+0.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.6% | -10.3% | +5.7% | +3.7% | |
| Gross profit | -6.2% | -15.8% | +4.7% | +3.3% | |
| Free cash flow | -66.3% | -55.2% | -32.4% | -17.3% | |
| Dividend per share | 0.0% | +11.9% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -19.4% | -42.3% | -7.2% | |
| Return on assets | 1.2% | -3.4% | -2.3% | |
| Current ratio | 3.00 | 2.09 | 1.83 | |
| Debt to equity | -18.97 | 5.33 | – | |
| Net debt to EBITDA | 5.36× | 5.73× | – | |
| Inventory turnover | 4.1× | 4.2× | 5.7× | |
| Capex to revenue | 0.8% | 0.8% | 1.1% | |
| Diluted shares | 34M | 38M | 32M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ryerson generated $1.19B from operations and spent $754.10M on capital expenditure, dividends and share buybacks. 58% of that went back into the business.
Generated
$1.19B
Used
$754.10M
Capital expenditure$437.40M58%Dividends$100.00M13%Share buybacks$216.70M29%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.2%
×Asset turnover1.89×
×Equity multiplier3.09×
=Return on equity, FY2025-7.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.2% | 1.89× | 3.09× | -7.2% |
| FY2024 | -0.2% | 1.84× | 2.91× | -1.0% |
| FY2023 | 2.9% | 2.08× | 2.74× | 16.3% |
| FY2022 | 6.2% | 2.69× | 3.30× | 55.0% |
| FY2021 | 5.2% | 2.72× | 6.17× | 87.1% |
| FY2020 | -1.9% | 1.81× | 12.28× | -42.3% |
| FY2019 | 1.8% | 2.19× | 16.71× | 67.0% |
| FY2018 | 2.4% | 2.32× | 60.10× | 335.4% |
| FY2017 | 0.5% | 2.06× | -53.79× | -56.3% |
| FY2016 | 0.7% | 1.84× | -16.13× | -19.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$56.40M
- Cash generatingOperating cash flow above zero$87.00M
- Return on assets improvedROA up on the prior year-0.3% → -2.3%
- Earnings backed by cashOperating cash flow above net income$87.00M vs -$56.40M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.08 → 1.83
- No dilutionShare count did not rise33M → 32M
- Gross margin improvedGross margin up on the prior year18.14% → 17.11%
- More efficientAsset turnover rose1.79 → 1.87