NYSE$RYZ
Ryerson Holding Corporation · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Ryerson's first quarter earnings were impacted by the onset of the COVID-19 pandemic, but the company generated strong cash flows from operating activities, reduced net debt, and maintained strong liquidity.
Ryerson Holding Corporation reported a decrease in revenue by 17.9% compared to the same period last year, with average selling prices down 10.2% and tons shipped down 8.6%. Despite the challenges, the company generated $72.8 million in cash flow from operations and reduced net debt by $30 million.
- Achieved Adjusted EBITDA, excluding LIFO of $34 million, within guidance range.
- Generated $73 million in cash flow from operations while maintaining strong liquidity amidst heightened COVID-19 driven market volatility.
- CS&W’s transformation tracked to plan with Adjusted EBITDA, excluding LIFO of $3 million in the quarter.
- Improved debt profile by repurchasing $55 million of Senior Secured Notes and decreasing net debt by $30 million.
Headline financials
Revenue & EPS history
Ryerson · Revenue · Quarterly
$1.01B
Revenue by segment
Ryerson · $994M total across 3 segments · Q1 2020
- Carbon Steel$511M-22.2%51.4%
- Stainless Steel$263M-5.4%26.5%
- Aluminum$220M-19.4%22.1%
Forward guidance
Due to the macroeconomic uncertainty stemming from the coronavirus pandemic and overall lack of visibility into future demand trends, metal pricing and market conditions in the end-markets in which Ryerson operates, the Company will not provide guidance for the second quarter ending June 30, 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-1.6%
Avg return
Earnings day
-3.0%
Avg return
5 days after
+2.3%
Avg return
30 days after
40%
19 / 47 earnings
Positive
+35.2%
Q1 2015
Best reaction
-26.6%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.5% | -15.3% | -4.0% | |
| Q4 2025 | +17.5% | -6.7% | -20.7% | |
| Q3 2025 | -6.6% | -11.2% | -2.8% | |
| Q1 2025 | -14.8% | -9.6% | -11.2% | |
| Q4 2024 | +5.9% | +12.7% | -0.3% | |
| Q3 2024 | -2.7% | -5.0% | +12.7% | |
| Q2 2024 | -5.9% | -19.4% | -21.2% | |
| Q1 2024 | -19.4% | -25.7% | -24.8% | |
| Q4 2023 | -6.2% | +1.4% | +11.0% | |
| Q3 2023 | +6.6% | +6.3% | +11.9% | |
| Q2 2023 | -15.0% | -28.1% | -27.4% | |
| Q1 2023 | +1.9% | -8.7% | -10.0% | |
| Q4 2022 | -3.9% | -8.5% | -10.9% | |
| Q3 2022 | -26.6% | -21.4% | -8.7% | |
| Q2 2022 | -1.2% | -1.8% | +5.6% | |
| Q1 2022 | -11.6% | -14.7% | -19.4% | |
| Q4 2021 | -8.1% | +7.5% | +57.8% | |
| Q3 2021 | +1.8% | +9.6% | -9.8% | |
| Q2 2021 | +18.6% | +24.9% | +55.6% | |
| Q1 2021 | +3.9% | +2.3% | +0.8% | |
| Q4 2020 | -15.0% | -11.7% | +13.0% | |
| Q3 2020 | +12.1% | +13.9% | +56.8% | |
| Q2 2020 | +2.4% | -1.4% | -2.6% | |
| Q1 2020 | +2.5% | +1.8% | +45.8% | |
| Q4 2019 | +7.9% | -6.8% | -50.3% | |
| Q3 2019 | -3.8% | +1.6% | +20.1% | |
| Q2 2019 | -7.4% | -9.7% | -8.3% | |
| Q1 2019 | +13.3% | +25.0% | -10.8% | |
| Q4 2018 | -7.0% | +1.7% | +12.7% | |
| Q3 2018 | -6.4% | +1.1% | -10.8% | |
| Q2 2018 | -6.9% | +0.0% | -10.0% | |
| Q1 2018 | +11.7% | +17.9% | +29.6% | |
| Q4 2017 | -8.8% | -3.4% | -18.6% | |
| Q3 2017 | -0.6% | -0.6% | +2.8% | |
| Q2 2017 | -0.6% | -4.1% | +0.6% | |
| Q1 2017 | -20.9% | -25.5% | -34.2% | |
| Q4 2016 | +8.9% | +24.1% | +31.9% | |
| Q3 2016 | -14.9% | -9.5% | +46.8% | |
| Q2 2016 | -10.7% | -20.2% | -10.8% | |
| Q1 2016 | +8.4% | — | — | |
| Q4 2015 | -5.5% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | +12.6% | — | — | |
| Q1 2015 | +35.2% | — | — | |
| Q4 2014 | +3.0% | — | — | |
| Q3 2014 | -16.9% | — | — | |
| Q4 2013 | -0.4% | — | — | |
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| Q4 2010 | — | — | — | |
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| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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