Ryerson publishes transcript of first-quarter 2026 earnings call
Ryerson Holding Corporation
Ryerson Holding Corporation RYZ | 0.00 |
- Ryerson first-quarter 2026 earnings call featured CEO Eddie Lehner, President and COO Rick Marabito, CFO Jim Claussen, Chief Accounting Officer and Corporate Controller Molly Kannan, plus executives Andrew Greiff and Rich Manson.
- Adjusted EBITDA excluding LIFO came in at USD 67.4 million, including USD 12.5 million from Olympic Steel for a six-week stub period; net income totaled USD 4.5 million.
- Second-quarter outlook called for revenue of USD 1.86 billion to USD 1.93 billion, net income of USD 20 million to USD 22 million, LIFO expense of USD 14 million to USD 16 million, adjusted EBITDA excluding LIFO of USD 88 million to USD 92 million, with USD 21 million to USD 23 million attributed to Olympic Steel.
- Synergy run-rate plan remained USD 120 million over two years, with about USD 1 million realized in first six weeks, USD 4 million to USD 6 million expected in Q2; procurement actions executed in Q1 targeted about USD 15 million of annual savings toward a USD 40 million two-year procurement goal.
- Capital returns continued despite higher leverage, with USD 9.7 million of dividends paid in Q1, USD 1.6 million used to repurchase 74,000 shares, new USD 100 million share repurchase authorization over two years; leverage ratio rose to 5.1x following merger-related financing and working capital build.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryerson Holding Corporation published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.
