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Ryerson Q2 Revenue Rises to $2.01 Billion After Olympic Steel Merger

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Ryerson Holding Corporation (RYZ) reported second-quarter 2026 revenue of $2.01 billion and net income attributable to the company of $15.5 million, or $0.30 per diluted share. The quarter ended June 30 was Ryerson’s first full reporting period after its February 13 merger with Olympic Steel.

The company said revenue exceeded its prior guidance range, with total tons shipped up 22.6% sequentially and average selling prices up 4.5%. Ryerson also reported second-quarter synergy attainment of about $5 million and expects $13 million to $14 million of third-quarter synergies.

  • Second-quarter revenue was $2.01 billion, up 28.1% from the first quarter and 71.6% year over year.
  • Net income attributable to Ryerson was $15.5 million, compared with $4.5 million in the prior quarter and $1.9 million a year earlier.
  • Diluted earnings per share were $0.30, compared with $0.10 in the first quarter and $0.06 in the second quarter of 2025.
  • Olympic Steel contributed $564.2 million of revenue and $23.5 million of Adjusted EBITDA excluding LIFO.
  • Ryerson ended the quarter with total debt of $955 million and net debt of $913 million.
  • The company expects third-quarter net sales of $1.87 billion to $1.95 billion.

$RYI Insider Trading Activity

RYI Insider Trades

$RYI insiders have traded $RYI stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RYI stock by insiders over the last 6 months:

  • JAMES J CLAUSSEN (Executive Vice President & CFO) sold 4,972 shares for an estimated $149,160

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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