NYSE$RYZ

Ryerson Holding Corporation · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Ryerson Holding reported Q3 2025 revenue of $1.16B, a net loss of $14.4M, diluted EPS of $-0.46.

For Q3 2025, Ryerson Holding reported Revenue was $1.16B, net loss was $14.4M, diluted EPS was $-0.46. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $1.16B for Q3 2025.
  • Net loss $14.4M.
  • Diluted EPS $-0.46.

Headline financials

Total Revenue

$1.16B

Previous: $1.13B+3.1%
EPS (adj)

-$0.46

Previous: -$0.20-130.0%
Tons sold

485.0K

Previous: 485.0K+0.0%
Gross margin

17.2%

Previous: 17.9%-3.9%
Gross margin, excl. LIFO

18.3%

Previous: 16.3%+12.3%
Adj. EBITDA, excl. LIFO

$40.3M

Previous: $21M+91.9%
Adj. EBITDA, excl. LIFO margin

3.5%

Previous: 1.9%+84.2%
Total debt

$500M

Previous: $522M-4.3%
Net debt

$470M

Previous: $487M-3.5%
Net debt / LTM Adj. EBITDA, excl. LIFO

3.7

Previous: 3.8-2.6%
Cash conversion cycle (days)

68.2

Previous: 79.3-14.0%
LIFO expense

$13.2M

No prior period
Avg selling price per ton

$2.4K

Previous: $2.32K+3.1%
Capital Expenditures

-$30.7M

Previous: -$76.1M+59.7%
Net Income

-$14.8M

Previous: -$6.6M-124.2%
Operating Income

-$1M

Previous: $5.3M-118.9%
Gross Profit

$200M

Previous: $202M-1.2%

Revenue & EPS history

Ryerson · Revenue · Quarterly

$1.16B

Q3 2025+3.1%vs Q3 2024
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Ryerson · $1.22B total across 3 segments · Q3 2023

  • Carbon Steel
    $647M—
  • Stainless Steel
    $304M—
  • Aluminum
    $273M—

Forward guidance

Outlook emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and balance sheet flexibility.

Headwinds

  • Losses and macro headwinds.
  • Margin recovery timing uncertain.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
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%——
Q1 2014———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q4 2010———
Q3 2010———
Q2 2010———
Q1 2010———

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