Ryerson Holdings (RYI) AI Stock Analysis

• Market Cap: $739.29M
• Dividend Yield: 3.27%
• Average Volume (3M): 230.13K
• Price to Earnings (P/E): 37.9
• Beta (1Y): 1.21
• Revenue Growth: -7.98%
• EPS Growth: -124.63%
• Country: US
• Employees: 4,200
• Sector: Industrials
• Sector Strength: 79
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.08
• Shares Outstanding: 32,198,906
• 10 Day Avg. Volume: 166,932
• 30 Day Avg. Volume: 230,131
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.10
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 1.93
• Enterprise Value/Ebitda: 19.39
• 1Y Price Target: $24.00
• Price Target Upside: 4.53% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 62 Neutral
• Price Target: $24.00 ▲(4.53% Upside)

Ryerson Holdings' overall score is driven by solid technical momentum and cash flow management. However, financial performance is hindered by high leverage and profitability issues, and valuation remains a concern due to negative earnings.

Positive Factors

Debt Management

Ryerson reduced its gross debt balance, which is viewed positively despite not repurchasing shares.

Order Activity

Ryerson has seen a significant increase in order activity, especially in spot and value-added sales.

Profitability

Ryerson's focus on optimization and cost management is expected to improve profitability.

Negative Factors

Leverage

Net leverage increased slightly to 3.9x, remaining above the targeted range.

Ryerson Holdings Business Overview & Revenue Model

Company Description

Ryerson Holdings Corporation is a leading distributor and processor of metals, primarily focusing on steel and aluminum products. The company operates in various sectors, including construction, manufacturing, and energy, providing a wide range of products such as sheets, plates, bars, tubes, and specialty metals. Ryerson serves a diverse customer base across North America and has established a strong presence in the metal service center industry, emphasizing value-added services like processing and logistics.

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 shows challenges in profitability with declining revenues and negative net profit margins. However, the balance between debt and equity is fair, and the company demonstrates strong cash flow generation.

Income Statement

Ryerson Holdings shows a decline in revenue and net income in recent periods, with a negative net profit margin of -0.15% for TTM (Trailing-Twelve-Months). The TTM EBIT and EBITDA margins are low at 0.65% and 2.33% respectively, indicating pressure on operating profitability. Historical data shows volatility in revenue growth and profitability, suggesting challenges in maintaining consistent growth.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio of 1.08, indicating reliance on debt financing, which poses leverage risks. The equity ratio is at 31.86%, showing a fair proportion of equity financing. However, the return on equity has turned negative in the TTM, reflecting profitability challenges.

Cash Flow

Strong free cash flow generation in the TTM with a growth rate of 19.39% compared to the previous year. The operating cash flow to net income ratio is favorable at 32.05, suggesting robust cash generation relative to reported net losses. Despite challenges in profitability, cash flow remains a strength.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.44B	4.60B	5.11B	6.32B	5.68B	3.47B
Gross Profit	806.90M	834.20M	1.02B	1.31B	1.15B	621.10M
EBITDA	80.20M	113.20M	290.90M	634.10M	492.50M	39.00M
Net Income	-14.60M	-8.60M	145.70M	391.00M	294.30M	-65.30M
Balance Sheet
Total Assets	2.54B	2.44B	2.57B	2.33B	2.37B	1.80B
Cash, Cash Equivalents and Short-Term Investments	30.80M	27.70M	54.30M	39.20M	51.20M	61.40M
Total Debt	879.40M	850.80M	803.80M	607.30M	849.00M	853.70M
Total Liabilities	1.72B	1.61B	1.66B	1.44B	1.82B	1.66B
Stockholders Equity	811.50M	815.30M	905.90M	885.10M	537.20M	138.80M
Cash Flow
Free Cash Flow	136.40M	105.30M	243.20M	396.10M	-24.30M	251.90M
Operating Cash Flow	209.40M	204.90M	365.10M	501.20M	35.00M	277.90M
Investing Cash Flow	-120.30M	-142.70M	-262.10M	-160.00M	94.40M	-25.90M
Financing Cash Flow	-86.10M	-86.80M	-88.30M	-350.10M	-137.90M	-250.20M

Ryerson Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 22.96 is above the 20-day moving average (MA) of 21.65, above the 50-day MA of 22.02, and above the 200-day MA of 22.07, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 57.72 is Neutral, neither overbought nor oversold. The STOCH value of 79.84 is Neutral, 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	80 Outperform	$3.47B	13.36	23.85%	0.61%	1.70%	684.20%
IIIN	75 Outperform	$750.77M	24.14	8.87%	2.90%	9.44%	53.83%
WOR	74 Outperform	$3.33B	34.83	10.52%	1.02%	-60.43%	-14.19%
NWPX	72 Outperform	$504.13M	15.72	9.14%	―	5.83%	33.50%
Sector *	64 Neutral	$10.95B	16.10	8.81%	1.99%	2.59%	-16.41%
RYI	62 Neutral	$739.29M	37.86	-1.73%	3.27%	-7.98%	-124.63%
MEC	61 Neutral	$296.84M	17.26	7.37%	―	-16.95%	66.04%

Ryerson Holdings Corporate Events

Ryerson Holdings Declares Quarterly Cash Dividend

On July 29, 2025, Ryerson Holding Corporation declared a quarterly cash dividend of $0.1875 per share, payable on September 18, 2025. The company reported its second-quarter 2025 results, highlighting a revenue of $1.17 billion, a net income of $1.9 million, and an Adjusted EBITDA of $45.0 million. Despite challenges such as recessed demand conditions and trade policy uncertainty, Ryerson gained market share and increased its transactional business mix, partially offsetting declines in contractual business. The company also noted stabilization in stainless and carbon prices, with aluminum prices trending higher.

Ryerson Holdings Announces EVP John Orth’s Departure

John Orth, Executive Vice President of Operations at Ryerson Holding Corporation, is set to leave the company and its subsidiaries, effective July 31, 2025. He will receive severance benefits as per his employment agreement, indicating a planned and structured transition in the company’s leadership.