7/104 sources · 4 publishersUpdated Oct 29, 02:11 UTC
Ryerson posts Q3 profit beat and early synergy gains
Ryerson Holding Corp reported third‑quarter 2026 results that topped its own guidance. Revenue reached $2.18 billion, net income was $32.0 million ($0.61 per diluted share) and adjusted EBITDA came in at $115.0 million. The company realized about $13 million of synergy benefits, equivalent to $52 million on an annualized run‑rate, and returned $13.6 million to shareholders via dividends and share repurchases.
Why it matters
The company said the results exceed its guidance and that synergy benefits are ahead of schedule, which could support stronger earnings and cash flow in coming quarters.
Key facts
- 1Total company revenue was $2.18 billion in the quarter. sec.gov
- 2Net income was $32.0 million, or $0.61 per diluted share. sec.gov
- 3Adjusted EBITDA, excluding LIFO, was $115.0 million, above the $88‑$92 million guidance range. sec.gov
- 4Synergy benefits amounted to approximately $13 million, representing $52 million on an annualized run‑rate and exceeding the $40 million first‑year target. sec.gov
- 5The company returned $13.6 million to stockholders, comprising $9.8 million in dividends and $3.8 million in share repurchases. sec.gov
- 6Same‑store revenue, excluding Olympic Steel, was $1.58 billion. sec.gov
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.