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RYZ on NYSE

Ryerson, Inc.

Logo: Ryerson Corporation, Public domain, via Wikimedia Commons5

American metals company

Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.3 Its shares trade on NYSE under the symbol RYZ.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1842Founded1

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  • TickerRYZ on NYSE1
  • Industrysteel1
  • HeadquartersChicago1
  • Websitewww.ryerson.com
  • Incorporated inDE6
  • Business address227 W. Monroe St., 27Th Floor, Chicago, Il 606066
  • Filer categoryAccelerated filer6
  • Legal formINCORPORATED4
  • LEI5493008D6X77IL11V2794
  • StatusInactive4
  • LEI statusRetired4
  • Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States4

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Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.1%Gross margin9
-0.7%Operating margin9
-1.2%Net margin9
-0.6%Revenue growth, 20259
-7.5%Return on equity9
$35.5MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 90% of the revenue Ryerson, Inc. broke down this way in fiscal 2025.

  1. United States$4.1B990%down 1% from 2024
  2. Outside the United States$461.8M910%up 1% from 2024
Regions by year
Regions202320242025
United States$4.6B$4.1B$4.1B
Outside the United States$466.4M$457.6M$461.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue82¢$3.8B
  • Selling, general and admin18¢$809.6M
  • Income tax0¢$16.1M

Out of $4.6B in revenue.9 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending59¢$51.5M
  • Dividends paid28¢$24.1M
  • Kept or used elsewhere13¢$11.4M

Out of $87.0M of cash from operations.9

Financial statements

Revenue101112139$4.6B in 2025+2% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $4.5B$4.5B20192020: $3.5B$3.5B2020−23%2021: $5.7B$5.7B2021+64%2022: $6.3B$6.3B2022+11%2023: $5.1B$5.1B2023−19%2024: $4.6B$4.6B2024−10%2025: $4.6B$4.6B2025−1%
Gross profit101112139$782.2M in 2025−6% since 2019
0$500.0M$1.0B$1.5B2019: $827.9M$827.9M20192020: $621.1M$621.1M2020−25%2021: $1.1B$1.1B2021+85%2022: $1.3B$1.3B2022+14%2023: $1.0B$1.0B2023−22%2024: $834.2M$834.2M2024−18%2025: $782.2M$782.2M2025−6%
Operating income101112139-$30.8M in 2025
-$200.0M0$200.0M$400.0M$600.0M2019: $210.8M$210.8M20192020: $64.6M$64.6M2020−69%2021: $545.2M$545.2M2021+744%2022: $578.7M$578.7M2022+6%2023: $228.1M$228.1M2023−61%2024: $31.5M$31.5M2024−86%2025: -$30.8M-$30.8M2025
Net income101112139-$56.4M in 2025
-$200.0M0$200.0M$400.0M2019: $82.4M$82.4M20192020: -$65.8M-$65.8M20202021: $294.3M$294.3M20212022: $391.0M$391.0M2022+33%2023: $145.7M$145.7M2023−63%2024: -$8.6M-$8.6M20242025: -$56.4M-$56.4M2025+556%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Net sales$4.6B$4.6B$5.1B
Cost of materials sold$3.8B$3.8B$4.1B
Gross profit$782.2M$834.2M$1.0B
Warehousing, delivery, selling, general, and administrative$809.6M$801.2M$793.5M
Gain on insurance settlement-$1.6M
Restructuring and other charges$3.1M
Impairment charges on assets$3.4M
Operating profit (loss)-$30.8M$31.5M$228.1M
Interest and other expense on debt-$38.9M-$43.0M-$34.7M
Other income and (expense), net-$1.5M$4.1M$300.0K
Income (loss) before income taxes-$71.2M-$7.4M$193.7M
Provision (benefit) for income taxes-$16.1M-$100.0K$47.3M
Net income (loss)-$55.1M-$7.3M$146.4M
Less: Net income attributable to noncontrolling interest$1.3M$1.3M$700.0K
Net income (loss) attributable to Ryerson Holding Corporation-$56.4M-$8.6M$145.7M
Basic earnings (loss) per share-$1.76-$0.26$4.17
Diluted earnings (loss) per share-$1.76-$0.26$4.10
Dividends declared per share$0.75$0.75$0.72

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Corporate structure

Ryerson, Inc. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Ryerson, Inc.

  • Ryerson, Inc. Chicago, Illinois, United States
    • Joseph T. Ryerson & Son, Inc. Subsidiary · Delaware, United States
    • Ryerson Procurement Corporation Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Ryerson, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$74.7M9 Dec 31, 2025$73.9M9 Dec 31, 2024+1.1%
Buildings and improvements$257.2M9 Dec 31, 2025$252.6M9 Dec 31, 2024+1.8%
Machinery and equipment$738.9M9 Dec 31, 2025$724.0M9 Dec 31, 2024+2.1%
Computer equipment and software$46.0M9 Dec 31, 2025$43.2M9 Dec 31, 2024+6.5%
Construction in progress$24.1M9 Dec 31, 2025$23.1M9 Dec 31, 2024+4.3%
Property and equipment, before depreciation$1.2B9 Dec 31, 2025$1.2B9 Dec 31, 2024+2.4%
Accumulated depreciation$570.0M9 Dec 31, 2025$515.3M9 Dec 31, 2024+10.6%
Property and equipment, net$609.8M9 Dec 31, 2025$636.7M9 Dec 31, 2024−4.2%
Finance-lease assets$21.1M9 Dec 31, 2025$20.0M9 Dec 31, 2024+5.5%
Operating-lease assets (leased space)$323.9M9 Dec 31, 2025$344.6M9 Dec 31, 2024−6.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$26.9M9 Dec 31, 2025$27.7M9 Dec 31, 2024−2.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$161.5M9 Dec 31, 2025$161.8M9 Dec 31, 2024−0.2%
Finite-lived intangibles, gross$160.6M9 Dec 31, 2025$161.4M9 Dec 31, 2024−0.5%
Accumulated amortization$102.4M9 Dec 31, 2025$93.1M9 Dec 31, 2024+10.0%
Finite-lived intangibles, net$58.2M9 Dec 31, 2025$68.3M9 Dec 31, 2024−14.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$648.3M9 Dec 31, 2025$684.6M9 Dec 31, 2024−5.3%

Properties, in its own words

As of December 31, 2025, the Company’s facilities are set forth below:

Operations in the United States

The rest of Item 2

JT Ryerson and its U.S. affiliates maintain ninety operational facilities, one vacated facility, and one facility held for sale. Operational facilities include eight locations that are dedicated to administration services. All of our metals service center facilities are in good condition and are adequate for JT Ryerson’s existing operations. Approximately 64% of these facilities are leased. The lease terms expire at various times through 2045. JT Ryerson’s properties and facilities are adequate to serve its present and anticipated needs.

Location · Own/Lease

Birmingham, AL · Owned

Mobile, AL · Owned

Fort Smith, AR · Owned

Hickman, AR** · Leased

Little Rock, AR · Leased

Phoenix, AZ · Leased

Cerritos, CA* · Leased

Fresno, CA (2) · Leased

Livermore, CA · Leased

Vernon, CA · Owned

Commerce City, CO · Owned

Monroe, CT · Owned

Waterbury, CT · Leased

Wilmington, DE · Leased

Jacksonville, FL · Owned

Tampa Bay, FL · Leased

Buford, GA*** · Leased

Lavonia, GA · Leased

Norcross, GA · Owned

Des Moines, IA · Owned

Eldridge, IA** · Leased

Marshalltown, IA · Owned

Chicago, IL (Headquarters)* · Leased

Downers Grove, IL* · Leased

Elgin, IL · Leased

Loves Park, IL · Leased

Montgomery, IL*** · Leased

University Park, IL · Leased

Burns Harbor, IN · Owned

Indianapolis, IN · Owned

Portage, IN** · Owned

Richmond, IN*** · Leased

Shelbyville, KY** · Leased

Shreveport, LA · Owned

St. Rose, LA · Owned

Devens, MA · Owned

Grand Rapids, MI* · Leased

Lansing, MI · Leased

Minneapolis, MN · Leased

Plymouth, MN · Owned

Maryland Heights, MO · Leased

North Kansas City, MO · Leased

Jackson, MS · Owned

Charlotte, NC · Owned

Greensboro, NC (2) · Owned

Pikeville, NC · Leased

Winston-Salem, NC* · Leased

Youngsville, NC · Leased

Omaha, NE · Owned

Dover, NH · Leased

Las Vegas, NV · Leased

Lancaster, NY · Leased

Cincinnati, OH · Owned

Columbus, OH · Leased

Hamilton, OH* · Leased

Hilliard, OH · Leased

Stow, OH*** · Leased

Streetsboro, OH · Leased

Strongsville, OH · Leased

Oklahoma City, OK · Leased

Tulsa, OK · Leased

Ambridge, PA** · Leased

North Huntingdon, PA · Owned/Vacated

Charleston, SC** · Owned

Greenville, SC · Owned

Wellford, SC · Owned

Chattanooga, TN · Owned

Knoxville, TN* · Leased

Memphis, TN · Leased

Arlington, TX*** · Leased

Dallas, TX · Leased

El Paso, TX · Leased

Houston, TX*** · Owned

Houston, TX*** · Leased

Houston, TX (2) · Leased

McAllen, TX · Leased

Salt Lake City, UT · Leased

Pounding Mill, VA · Leased

Richmond, VA · Leased

Centralia, WA · Leased

Spokane, WA · Leased

Vancouver, WA* · Leased

Green Bay, WI · Owned

Green Bay, WI · Leased/Vacated

Hammond, WI · Leased

Milwaukee, WI (2) · Owned

Schofield, WI · Owned

Wausau, WI · Owned

* Office space only

** Processing centers

***Toll Processing centers

Operations in Canada

Ryerson Canada, a wholly-owned indirect Canadian subsidiary of Ryerson Holding, has eight operational facilities and one facility held for sale in Canada. All of the metals service center facilities are in good condition and are adequate for Ryerson Canada’s existing and anticipated operations. Four facilities are leased. The lease terms expire at various times through 2032.

Location · Own/Lease

Calgary, AB · Owned

Edmonton, AB · Owned

Richmond, BC · Owned

Winnipeg, MB · Owned

Winnipeg, MB · Leased

Saint John, NB · Owned/Vacated

Brampton, ON · Leased

Mississauga, ON · Leased

Vaudreuil, QC · Leased

Operations in China

Ryerson China, an indirect wholly-owned subsidiary of Ryerson Holding, has three service and processing centers in China, in Guangzhou, Kunshan, and Tianjin, performing coil processing, sheet metal fabrication, and plate processing. Ryerson China’s headquarters office building is located in Kunshan. We own all of our China facilities and have purchased the related land use rights. All of the facilities are in good condition and are adequate for Ryerson China’s existing and anticipated operations.

Operations in Mexico

Ryerson Mexico, an indirect wholly-owned subsidiary of Ryerson Holding, has five facilities in Mexico. We have service centers in Monterrey, Mexicali, Tijuana, Hermosillo, and Queretaro, all of which are leased. The lease terms expire at various times through 2029. The facilities are in good condition and are adequate for Ryerson Mexico’s existing and anticipated operations.

Item 2 of the 10-K filed Feb 23, 2026.17

The story

The company was founded in 1842. In the early 1900s, when Ford Motor Company started producing vehicles, Ryerson supplied it with steel. In 1935, the company merged with Inland Steel Company. In 1946, the company owned a plant in Los Angeles, California, its first plant on the West Coast. In 2005, the company acquired Integris Metals. In 2007, the company was acquired by Platinum Equity. In 2014, the company went public via an initial public offering.

The old Ryerson Steel mill at 18th Street and Rockwell Avenue in Chicago was purchased by the Lagunitas Brewing Company in 2012.

From Wikipedia’s article on Ryerson (company), shared under CC BY-SA 4.0.7

Leadership

Who has led Ryerson, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Neil S. Novich2006–2007
  2. Michael C. Arnold2014
  3. Edward J. Lehner2015–2017
  4. See Leong Fang2017–2018

Chair

  1. Neil S. Novich2006–2007

President

  1. Neil S. Novich2006–2007
  2. Stephen E. Makarewicz2006–2007
  3. James M. Delaney2007
  4. Michael C. Arnold2014
  5. Kevin D. Richardson2014–2021
  6. Michael Burbach2014–2021
  7. Edward J. Lehner2015–2026
  8. Richard T. Marabito2026–now

Chief financial officer

  1. Jay M. Gratz2006–2007
  2. Edward J. Lehner2014–2015
  3. Erich S. Schnaufer2016–2019
  4. James J. Claussen2021–now

Chief operating officer

  1. Michael Burbach2021–2026
  2. Richard T. Marabito2026–now
197019801990200020102020
Board members and other officers (43)

Products and brands

  • stainless steel

Listed on Wikidata.1

In addition to the United States, Ryerson has operations in Canada, China, and Mexico. Foreign operations accounted for less than 12% of total revenue in 2015.

From Wikipedia’s article on Ryerson (company), shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Owners

Subsidiaries (Exhibit 21)

  • Joseph T. Ryerson & Son, Inc. Delaware8
  • Ryerson Procurement Corporation Delaware8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Jul 29, 20268-K Results of operations; Other events74
  2. May 27, 20268-K Regulation FD disclosure75
  3. May 6, 20268-K Executive or director change; Bylaws or fiscal year changed; Shareholder vote76
  4. May 6, 20268-K Results of operations; Other events77
  5. Feb 23, 20268-K Regulation FD disclosure78
  6. Feb 19, 20268-K Results of operations; Other events79
  7. Feb 18, 20268-K Financial statements and exhibits80
  8. Feb 13, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation81
  9. Feb 12, 20268-K Shareholder vote; Other events82
  10. Feb 6, 20268-K Results of operations; Other events83
  11. Oct 30, 20258-K Entered a material agreement; Executive or director change84
  12. Oct 28, 20258-K Results of operations; Regulation FD disclosure; Other events85
  13. Mar 17, 2017New chief executive See Leong Fang becomes CEO18
  14. Jun 1, 2015New chief executive Edward J. Lehner becomes CEO19
  15. Nov 18, 2014New chief executive Michael C. Arnold becomes CEO20
  16. Jan 4, 2006New chief executive Neil S. Novich becomes CEO21
  17. 1842Founded Founded1

Calendar

Coming up

  1. Oct 28, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.46) a share, on Oct 28, 2025.86

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results74
  2. May 6, 2026Reported quarterly or annual results77
  3. Feb 19, 2026Reported quarterly or annual results79
  4. Feb 6, 2026Reported quarterly or annual results83
  5. Oct 28, 2025Reported quarterly or annual results85
  6. Jul 29, 2025Reported quarterly or annual results87
  7. Apr 30, 2025Reported quarterly or annual results88
  8. Feb 20, 2025Reported quarterly or annual results89

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

450 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 59 major events, 277 insider forms, 24 large holders, 70 other. The latest 20:

  1. Sep 21, 20264 EDGAR
  2. Sep 21, 20264 EDGAR
  3. Sep 21, 20264 EDGAR
  4. Sep 21, 20264 EDGAR
  5. Sep 21, 20264 EDGAR
  6. Sep 21, 20264 EDGAR
  7. Aug 14, 2026SCHEDULE 13G/A EDGAR
  8. Aug 3, 2026144 EDGAR
  9. Jul 30, 20264 EDGAR
  10. Jul 29, 20268-K EDGAR
  11. Jul 29, 202610-Q EDGAR
  12. Jul 28, 2026144 EDGAR
  13. Jul 28, 2026SCHEDULE 13G/A EDGAR
  14. Jul 27, 20264 EDGAR
  15. Jul 27, 20264 EDGAR
  16. Jul 27, 20264 EDGAR
  17. Jul 27, 20264 EDGAR
  18. Jul 27, 20264 EDGAR
  19. Jul 27, 20264 EDGAR
  20. Jul 27, 20264 EDGAR

The 450 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

34 open-market trades by officers, directors and large owners since October 2021: 5 buys and 29 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 28, 2026Kannan Molly DCAO & Corporate ControllerSale500$32.00$16.0KForm 4
Jun 11, 2026Kannan Molly DCAO & Corporate ControllerSale1,000$30.00$30.0KForm 4
May 29, 2026Kannan Molly DCAO & Corporate ControllerSale3,000$28.42$85.3KForm 4
May 28, 2026Silver Mark S.EVP, Chief Legal/Risk OfficerSale11,174$27.91$311.9KForm 4
May 13, 2026Kannan Molly DCAO & Corporate ControllerSale2,500$26.18$65.5KForm 4
Feb 3, 2026Claussen James JExecutive Vice President & CFOSale4,972$30.00$149.2KForm 4
Jan 22, 2026Lehner Edward J.CEOSale59,001$30.06$1.8MForm 4
Jan 21, 2026Lehner Edward J.CEOSale1,000$30.01$30.0KForm 4
Aug 28, 2025Sundarrajan AlaguChief Information OfficerSale15,000$22.47$337.1KForm 4
Aug 20, 2025Kannan Molly DCAO & Corporate ControllerSale2,528$22.24$56.2KForm 4
May 13, 2025Larson Stephen P.DirectorBuy10,000$22.50$225.0KForm 4
Mar 5, 2025Lehner Edward J.CEOSale10,000$24.79$247.9KForm 4
Feb 24, 2025Claussen James JExecutive Vice President & CFOSale6,017$25.30$152.2KForm 4
Nov 15, 2024Silver Mark S.EVP, Chief Legal/Risk OfficerSale9,000$24.56$221.0KForm 4
Nov 11, 2024Kannan Molly DCAO & Corporate ControllerSale4,344$26.05$113.2KForm 4
May 30, 2024Leggio Karen MarieDirectorBuy2,127$23.50$50.0KForm 4
May 2, 2024Burbach MichaelChief Operating OfficerBuy4,000$23.75$95.0KForm 4
Mar 25, 2024Sundarrajan AlaguChief Information OfficerSale2,593$32.52$84.3KForm 4
Mar 22, 2024Sundarrajan AlaguChief Information OfficerSale7,407$32.77$242.8KForm 4
Dec 1, 2023Sundarrajan AlaguChief Information OfficerSale6,000$31.65$189.9KForm 4

All 34 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Edward J. Lehner60$1.2M$17.9M98
2025James J. Claussen$472.5K$1.5M98
2025Mark S. Silver$456.8K$1.3M98
2025John E. Orth$41.1K$1.1M98
2025Molly D. Kannan$323.9K$923.9K98
2025Srini Sundarrajan$346.5K$901.5K98
2024President & CEO$1.2M$5.0M98
2024EVP & CFO$472.5K$1.7M98
2024EVPGeneral Counsel &$456.8K$1.3M98
2024Former EVPOperations$360.4K$974.4K98
2023President & CEO$1.1M$6.5M98
2023EVP & CFO$461.2K$2.1M98
2023Chief Human Resources Officer ("CHRO")$445.9K$1.7M98
2023Former EVPOperations$353.4K$1.2M98

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.4,891,419$120.4M0.0%+96,660
Platinum Equity Advisors, LLC/DE3,924,478$96.6M1.1%No change
Franklin Resources Inc3,791,237$93.3M0.0%+759,058
Jb Capital Partners LP2,839,059$69.9M10.8%No change
Dimensional Fund Advisors LP2,696,963$66.4M0.0%−479,479
State Street Corp2,205,813$54.3M0.0%−271,872
Donald Smith & Co., Inc.1,992,517$49.0M0.9%+35,584
Vanguard Capital Management LLC1,958,273$48.2M0.0%+18,374
American Century Companies Inc1,861,721$45.8M0.0%−284,701
Frontier Capital Management Co LLC1,683,408$41.4M0.4%+166,346
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,370,007$33.7M0.0%+106,817
Charles Schwab Investment Management Inc1,165,452$28.7M0.0%−363,136
Geode Capital Management, LLC1,155,870$28.5M0.0%+94,371
Aegis Financial Corp1,116,978$27.5M4.3%No change
Ameriprise Financial Inc1,086,384$26.7M0.0%+259,959
Goldman Sachs Group Inc1,062,435$26.1M0.0%−83,895
Victory Capital Management Inc1,029,222$25.3M0.0%−28,178
Nomura Asset Management International Inc.907,042$22.3M0.0%−2,756
Nuveen, LLC701,623$17.3M0.0%+434,137
Invenomic Capital Management LP508,048$12.5M0.7%−136,236
Northern Trust Corp449,985$11.1M0.0%+29,559
Allianz Asset Management GmbH447,880$10.9M0.0%+27,872
Vanguard Portfolio Management LLC439,970$10.8M0.0%+9,801
Bank of New York Mellon Corp434,438$10.7M0.0%+22,253
Empowered Funds, LLC407,803$10.0M0.1%−187

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Ryerson, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRyerson Holding Corp2
  • CIK0001481582
  • Employer ID (EIN)26-125152417
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated indelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)5051 Wholesale-Metals Service Centers & of fices2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address227 W. Monroe St., 27Th Floor, Chicago, IL 606062
  • Phone312 292-50002
  • Shares outstanding51,898,653 as of Jul 24, 202615
  • Public float$585.2M as of Jun 30, 202517
  • AuditorKPMG LLP, Chicago, Illinois PCAOB ID 185; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceJan 22, 20102
  • Filings960 in all: 4 (442), 8-K (187), 10-Q (43), 3 (29), 144 (23), S-1/A (23), 4/A (22), UPLOAD (22)2
    All 37 form types

    CORRESP (21), 10-K (14), DEFA14A (14), DEF 14A (12), SD (12), SCHEDULE 13G/A (11), 425 (10), SC 13G (10), SC 13G/A (9), EFFECT (6), S-8 (6), 424B3 (5), 424B4 (5), 8-K/A (5), SCHEDULE 13G (4), ARS (3), S-3 (3), S-4/A (3), 144/A (2), 424B5 (2), 8-A12B (2), CERTNYS (2), S-4 (2), 15-15D (1), 424B1 (1), FWP (1), S-1 (1), S-3ASR (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 23, 2026
    Quarterly report (10-Q) Jul 29, 2026
    Proxy statement (DEF 14A) Mar 18, 2026
    Latest 8-K (8-K) Jul 29, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value, 100,000,000 shares authorizedRYINew York Stock Exchange

From the cover page of the 10-K filed Feb 23, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Ryerson, Inc. names in Item 1A of its 10-K filed Feb 23, 2026: 40 risks under these headings, as written.17

  • Our business faces many risks. You should carefully consider the risks and uncertainties described below, together with the other information in this report, including the consolidated financial statements and notes to the consolidated financial statements. We cannot assure you that any of the events discussed in the risk factors below will not occur. These risks could have a material and adverse impact on our business, results of operations, financial condition, and cash flows.
  • RISKS RELATED TO OUR INDUSTRY
  • Weakness in the economy, market trends, and other conditions affecting the profitability and financial stability of our customers has and could continue to negatively impact our sales growth and results of operations.
  • The metals services business is very competitive and increased competition has and could reduce our revenues and gross margins.
  • Changing metals prices have a significant impact on our liquidity, net sales, gross margins, operating income, and net income.
  • Unexpected product shortages could negatively impact customer relationships, resulting in an adverse impact on results of operations.
  • Changes in customer or product mix could cause our gross margin percentage to decline.
  • We may not be able to retain or expand our customer base if the North American manufacturing industry erodes through acquisition and merger or consolidation activity in our customers’ industries.
  • Global metal overcapacity and imports of metal products into the United States have adversely affected, and may again adversely affect, United States metal prices, which could impact our sales and results of operations.
  • Lead time and the cost of our products could increase if we were to lose one of our primary suppliers.
  • RISKS RELATED TO MARKET AND ECONOMIC VOLATILITY
  • The volatility of the market could result in a material impairment of goodwill.
The other 30 risks
  • Changes in inflation have and may continue to adversely affect financial performance.
  • Poor investment performance or other factors could require us to make significant unplanned contributions to our pension plan and future funding for postretirement employee benefits other than pensions also may require substantial payments from current cash flow.
  • RISKS RELATED TO EXPANSION AND INTERNATIONAL OPERATIONS
  • We may not be able to successfully consummate and complete the integration of future acquisitions, and if we are unable to do so, it could disrupt operations and cause unanticipated increases in costs and/or decreases in revenues and results of operations.
  • We may be unable to successfully integrate our and Olympic Steel’s businesses in order to realize the anticipated benefits of the Olympic Steel Merger or do so within the intended timeframe.
  • Certain of our operations are located outside of the United States, which subjects us to risks associated with international activities.
  • We may be adversely affected by currency fluctuations in the U.S. dollar versus the Canadian dollar, the Chinese renminbi, the Hong Kong dollar, and the Mexican peso.
  • The Chinese government exerts substantial influence over the manner in which we must conduct our business activities, particularly with regards to the land our facilities are located on.
  • RISKS RELATED TO CYBERSECURITY AND INFORMATION TECHNOLOGY
  • Damage to our information technology infrastructure could harm our business.
  • We are subject to cybersecurity risks and other vulnerabilities that could arise with the sophistication and heightened use of artificial intelligence and may incur increasing costs in an effort to minimize those risks.
  • The use or anticipated use of artificial intelligence technologies by us or third parties may increase operational risks or create new or unanticipated operational risks.
  • RISKS RELATED TO OPERATING OUR BUSINESS
  • Any significant work stoppages can harm our business.
  • Certain employee retirement benefit plans are underfunded and the actual cost of those benefits could exceed current estimates, which would require us to fund the shortfall.
  • Any prolonged disruption of our processing centers could harm our business.
  • If we are unable to retain, attract, and motivate management and key personnel, it may adversely affect our business.
  • Our risk management strategies may result in losses.
  • RISKS RELATED TO REGULATORY AND LEGAL MATTERS
  • We could incur substantial costs related to environmental, health, and safety laws.
  • Environmental, social, and governance matters, and any related reporting obligation may impact our business.
  • Tax changes could affect our effective tax rate, the value of our deferred tax assets, and future profitability.
  • We are subject to litigation that could strain our resources and distract management.
  • We may face product liability claims that are costly and create adverse publicity.
  • RISKS RELATED TO OWNERSHIP OF OUR COMMON STOCK
  • Our stock price has fluctuated in the past, has recently been volatile, and may be volatile in the future, and as a result, investors in our common stock could incur substantial losses.
  • We paid cash dividends on our common stock in each quarter of 2025, but any future dividend payments are at the discretion of our Board of Directors.
  • Our corporate documents and Delaware law contain provisions that could discourage, delay, or prevent a change in control of the Company.
  • Any issuance of preferred stock could make it difficult for another company to acquire us or could otherwise adversely affect holders of our common stock, which could depress the price of our common stock.
  • RISKS RELATED TO OUR CAPITAL STRUCTURE
  • We have indebtedness under our Ryerson Credit Facility, which could adversely affect our financial position and prevent us from fulfilling our financial obligations.
  • The covenants in the Ryerson Credit Facility and covenants contained in agreements governing indebtedness that we incur in the future may impose restrictions that may limit our operating and financial flexibility.
  • We may not be able to generate sufficient cash to service all of our indebtedness.
  • Because all of our indebtedness bears interest at rates that fluctuate with changes in certain prevailing short-term interest rates, we are vulnerable to interest rate increases.
  • Changes in our credit ratings and outlook may reduce access to capital and increase borrowing costs.
  • RISKS RELATED TO OUR STOCKHOLDER BASE
  • Platinum owns a substantial percentage of our stock and, as of December 31, 2025, has the right to nominate one member of the Corporation’s board and will be able to exert influence over matters subject to stockholder approval.

Legal proceedings

For information concerning legal proceedings as of December 31, 2025, please refer to Note 12: Commitments and Contingencies in the notes to the consolidated financial statements included in Part II, Item 8 of this Report on Form 10-K, which is incorporated into this item by reference.

The opening of Item 3, Legal Proceedings.17

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