Ryerson Holdings (RYI) AI Stock Analysis

• Market Cap: $732.76M
• Dividend Yield: 3.18%
• Average Volume (3M): 467.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: -4.89%
• EPS Growth: -214.50%
• Country: US
• Employees: 4,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): -0.46
• Shares Outstanding: 32,209,366
• 10 Day Avg. Volume: 460,409
• 30 Day Avg. Volume: 467,025
• PEG Ratio: 0.66
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 5.76
• Enterprise Value/Market Cap: 2.15
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 1.95
• Enterprise Value/Ebitda: 17.37
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.17
• Revenue Forecast (FY): $4.58B

• Rating: 49 Neutral
• Price Target: $22.00 ▼(-3.72% Downside)

Ryerson Holdings faces significant financial challenges with declining revenue and profitability, impacting its overall score. The merger with Olympic Steel offers potential synergies and improved liquidity, providing a cautiously optimistic outlook. However, negative valuation metrics and mixed technical indicators suggest caution. The stock's dividend yield offers some appeal, but operational improvements are necessary for a stronger financial position.

Positive Factors

Merger Synergies

The merger with Olympic Steel is poised to create significant synergies, enhancing operational efficiency and market position, which can drive long-term growth and profitability.

Improved Liquidity

Increased liquidity strengthens Ryerson's financial flexibility, allowing for strategic investments and better debt management, supporting long-term stability.

Investment in CapEx

Significant investment in CapEx projects positions Ryerson for future growth by expanding capacity and improving operational capabilities, enhancing competitive advantage.

Negative Factors

Declining Revenue

Declining revenue trends indicate challenges in market demand and pricing power, which can impact long-term profitability and market share.

Net Loss

A net loss in the recent quarter highlights ongoing profitability issues, which may strain financial resources and hinder investment in growth initiatives.

Gross Margin Compression

Gross margin compression reflects pricing pressures and operational inefficiencies, which could erode competitive positioning and reduce profitability over time.

Ryerson Holdings Business Overview & Revenue Model

Company Description

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing. The company also provides various processing services, such as bending, beveling, blanking, blasting, burning, cutting-to-length, drilling, embossing, flattening, forming, grinding, laser cutting, machining, notching, painting, perforating, polishing, punching, rolling, sawing, scribing, shearing, slitting, stamping, tapping, threading, welding, or other techniques to process materials. It serves various industries, including commercial ground transportation, metal fabrication and machine shops, industrial machinery and equipment manufacturing, consumer durable equipment, HVAC manufacturing, construction equipment manufacturing, food processing and agricultural equipment manufacturing, and oil and gas. The company was founded in 1842 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Ryerson generates revenue primarily through the sale of metal products and related services. Its revenue model is based on direct sales to a broad spectrum of industries, where the company earns money by marking up the cost of the materials purchased from suppliers. Key revenue streams include the sale of raw materials, as well as value-added services like cutting, machining, and inventory management that enhance the utility of the products offered. Additionally, Ryerson benefits from strategic partnerships with manufacturers and suppliers, which help secure competitive pricing and a steady supply of materials. Factors contributing to its earnings include market demand fluctuations, pricing strategies, and operational efficiencies achieved through its extensive distribution network.

Ryerson Holdings Financial Statement Overview

Summary

Ryerson Holdings is experiencing financial instability with declining revenue and profitability. The balance sheet shows increased leverage, impacting financial flexibility. Cash flow management is a concern, with declining free cash flow growth. Operational inefficiencies and profitability improvements are needed to enhance financial health.

Income Statement

Ryerson Holdings has experienced fluctuating revenue growth with a recent decline in revenue. The company shows a negative net profit margin in the TTM, indicating profitability challenges. Gross profit margin remains stable, but EBIT and EBITDA margins have decreased, reflecting operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio has increased slightly, indicating higher leverage, which could pose financial risk. Return on equity is negative in the TTM, highlighting profitability issues. However, the equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Ryerson Holdings faces significant challenges in cash flow management, with a sharp decline in free cash flow growth. The operating cash flow to net income ratio is low, indicating inefficiencies in converting income to cash. The free cash flow to net income ratio is positive but declining, suggesting potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.47B	4.60B	5.11B	6.32B	5.68B	3.47B
Gross Profit	804.40M	834.20M	1.02B	1.31B	1.15B	621.10M
EBITDA	90.50M	112.40M	293.60M	634.10M	492.50M	123.90M
Net Income	-22.80M	-8.60M	145.70M	391.00M	294.30M	-65.80M
Balance Sheet
Total Assets	2.49B	2.44B	2.57B	2.33B	2.37B	1.80B
Cash, Cash Equivalents and Short-Term Investments	29.80M	27.70M	54.30M	39.20M	51.20M	61.40M
Total Debt	856.60M	850.80M	803.80M	626.40M	849.00M	853.70M
Total Liabilities	1.69B	1.61B	1.66B	1.44B	1.82B	1.66B
Stockholders Equity	787.30M	815.30M	905.90M	885.10M	537.20M	138.80M
Cash Flow
Free Cash Flow	12.30M	105.30M	243.20M	396.10M	-24.30M	251.90M
Operating Cash Flow	66.50M	204.90M	365.10M	501.20M	35.00M	277.90M
Investing Cash Flow	-54.80M	-142.70M	-262.10M	-160.00M	94.40M	-25.90M
Financing Cash Flow	-17.70M	-86.80M	-88.30M	-350.10M	-137.90M	-250.20M

Ryerson Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RYI, the sentiment is Positive. The current price of 22.85 is above the 20-day moving average (MA) of 20.87, above the 50-day MA of 22.15, and above the 200-day MA of 22.09, indicating a bullish trend. The MACD of -0.22 indicates Negative momentum. The RSI at 61.78 is Neutral, neither overbought nor oversold. The STOCH value of 90.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RYI.

Ryerson Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZZ	73 Outperform	$3.19B	10.22	27.28%	0.70%	1.55%	701.41%
NWPX	71 Outperform	$562.26M	15.91	9.78%	―	7.61%	25.35%
WOR	70 Outperform	$2.75B	25.93	11.50%	1.26%	-39.38%	175.22%
IIIN	69 Neutral	$614.73M	15.09	11.36%	3.46%	22.39%	112.75%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MEC	63 Neutral	$342.77M	29.36	5.06%	―	-12.38%	-0.71%
RYI	49 Neutral	$732.76M	―	-2.81%	3.18%	-4.89%	-214.50%

Ryerson Holdings Corporate Events

Ryerson Holdings Announces Merger with Olympic Steel

On October 28, 2025, Ryerson Holding Corporation announced a merger agreement with Olympic Steel, Inc., where Olympic will become a wholly owned subsidiary of Ryerson. The merger involves converting Olympic’s common stock into Ryerson’s common stock, with specific terms for stock-based and long-term cash awards. The merger is subject to various conditions, including shareholder and regulatory approvals, and includes provisions for post-closing governance changes and potential termination fees.

The most recent analyst rating on (RYI) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Ryerson Holdings stock, see the RYI Stock Forecast page.

Ryerson Holdings’ Risky Bid: Uncertainties Loom Over Olympic Steel Acquisition

The acquisition of Olympic Steel, Inc. by Ryerson Holdings is fraught with uncertainties and risks, primarily due to the need for approval from both companies’ stockholders and the satisfaction of customary closing conditions. There is no guarantee that these conditions will be met or waived, and unforeseen events could delay or terminate the acquisition. If the acquisition fails to materialize, Ryerson Holdings’ stock price may suffer, as current market valuations likely factor in the anticipated benefits of the acquisition. This potential volatility poses a significant risk to Ryerson Holdings’ financial outlook and investor confidence.

Ryerson Holdings Reports Q3 2025 Financial Results

Ryerson Holding Corporation is a prominent value-added processor and distributor of industrial metals, operating across the United States, Canada, Mexico, and China, with a history dating back to 1842.

Ryerson Holdings’ Earnings Call: Merger and Challenges

The recent earnings call from Ryerson Holdings presented a cautiously optimistic outlook, driven by a significant merger with Olympic Steel and improvements in liquidity and average selling prices. Despite these positive developments, the company faces challenges from ongoing recessionary conditions, expected volume declines, and a net loss in the third quarter.

Ryerson Holdings Announces Merger with Olympic Steel

On October 28, 2025, Ryerson announced a merger agreement with Olympic Steel, where Olympic will become a wholly owned subsidiary. This strategic move is expected to enhance Ryerson’s market position and operational capabilities. Additionally, Ryerson reported its third-quarter 2025 financial results, highlighting a revenue of $1.16 billion, a net loss of $14.8 million, and a slight reduction in debt. Despite weak demand and tariff pricing conditions, Ryerson managed to maintain revenue within its guidance range, reflecting its effective management and strategic investments.

The most recent analyst rating on (RYI) stock is a Hold with a $23.50 price target. To see the full list of analyst forecasts on Ryerson Holdings stock, see the RYI Stock Forecast page.

Ryerson Holdings Reports Steady Q2 2025 Earnings

Ryerson Holding Corporation is a prominent processor and distributor of industrial metals, operating across the United States, Canada, Mexico, and China, with a history dating back to 1842.

Ryerson Holdings’ Earnings Call: Market Gains Amid Challenges

Ryerson Holdings’ recent earnings call highlighted the company’s resilience in a challenging market environment. The sentiment was a mix of optimism and caution, as Ryerson demonstrated its ability to gain market share and improve EBITDA performance and net income. However, the company continues to grapple with demand challenges, leverage concerns, and gross margin pressure, reflecting a balanced view of positive operational achievements against ongoing market difficulties.