Ryerson Holdings (RYI) AI Stock Analysis

• Market Cap: $732.85M
• Dividend Yield: 3.23%
• Average Volume (3M): 188.55K
• Price to Earnings (P/E): 37.9
• Beta (1Y): 1.16
• Revenue Growth: -7.98%
• EPS Growth: -124.63%
• Country: US
• Employees: 4,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.08
• Shares Outstanding: 32,198,906
• 10 Day Avg. Volume: 193,903
• 30 Day Avg. Volume: 188,552
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.12
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 1.93
• Enterprise Value/Ebitda: 19.39
• 1Y Price Target: $24.00
• Price Target Upside: 3.31% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 63 Neutral
• Price Target: $24.00 ▲(3.31% Upside)

Ryerson Holdings' overall score reflects its strong cash flow and operational efficiency, but is tempered by challenges in profitability and high leverage. The technical indicators show moderate bullish momentum, while valuation concerns persist due to a negative P/E ratio. The earnings call sentiment is neutral, highlighting both improvements and ongoing challenges.

Positive Factors

Cash Flow Generation

Consistent positive free cash flow indicates strong financial health and the ability to fund operations and investments without relying on external financing.

Market Share Gains

Gaining market share, especially in key product segments, strengthens competitive positioning and supports long-term revenue stability.

Operational Efficiency

Efficient cash management and a reduced cash conversion cycle enhance operational efficiency, improving liquidity and financial flexibility.

Negative Factors

Revenue Growth Challenges

Volatile and declining revenue growth can hinder long-term business expansion and affect the company's ability to invest in new opportunities.

High Leverage

High leverage increases financial risk, potentially limiting the company's ability to navigate economic downturns and invest in growth initiatives.

Profitability Pressure

Negative profit margins indicate challenges in cost management and can impact the company's ability to sustain operations and reinvest in the business.

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 shows strengths in cash flow generation and operational efficiency. However, challenges in revenue growth, profitability, and high leverage are concerning, with negative net income and a high debt-to-equity ratio.

Income Statement

Ryerson Holdings has shown volatility in its revenue growth, with significant declines in recent years. The Gross Profit Margin and EBIT Margin have also decreased, indicating pressure on profitability. The Net Profit Margin is negative for the TTM period, highlighting challenges in cost management. However, the company has managed to generate positive EBITDA, reflecting some operational efficiency.

Balance Sheet

The company's Debt-to-Equity Ratio is relatively high, suggesting higher leverage and potential risk if earnings fail to cover debt obligations. The Return on Equity has turned negative in the TTM period, a concern for shareholders. Despite this, the company maintains a reasonable Equity Ratio, indicating a substantial portion of assets financed by equity.

Cash Flow

Ryerson Holdings has maintained positive Free Cash Flow, which is a positive indicator of financial health. The Operating Cash Flow to Net Income Ratio is strong, suggesting efficient cash generation relative to earnings. However, the Free Cash Flow Growth Rate is inconsistent, reflecting fluctuating capital expenditures and cash management strategies.

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: 23.23
• 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 23.23 is above the 20-day moving average (MA) of 22.56, above the 50-day MA of 22.25, and above the 200-day MA of 21.77, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 53.28 is Neutral, neither overbought nor oversold. The STOCH value of 61.62 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	3.40B	13.15	21.42%	0.61%	1.70%	684.20%
IIIN	75 Outperform	743.01M	24.03	5.50%	2.85%	9.44%	53.83%
NWPX	72 Outperform	500.26M	16.12	8.80%	―	5.83%	33.50%
MEC	65 Neutral	287.70M	17.36	7.24%	―	-16.95%	66.04%
RYI	63 Neutral	$732.85M	37.86	-1.73%	3.23%	-7.98%	-124.63%
WOR	63 Neutral	3.04B	31.87	10.25%	1.12%	-60.43%	-14.19%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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.

The most recent analyst rating on (RYI) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Ryerson Holdings stock, see the RYI Stock Forecast page.