Ryerson Reports Third-Quarter 2026 Revenue of $2.18 Billion, Above Guidance
Ryerson reported net income of $32.0 million, or $0.61 per diluted share, and Adjusted EBITDA excluding LIFO of $115.0 million; both exceeded guidance. The company realized about $13 million in quarterly synergies, reaching a $52 million annualized run rate ahead of its $40 million first-year target.
Ryerson Holding Corporation reported total company revenue of $2.18 billion for the third quarter ended September 30, 2026, exceeding its previously provided guidance. The company achieved net income of $32.0 million, or $0.61 per diluted share, and Adjusted EBITDA (excluding LIFO) of $115.0 million, which also surpassed guidance. Ryerson realized approximately $13 million in synergy benefits during the quarter, reaching an annualized run-rate of $52 million and exceeding its $40 million first-year target ahead of schedule. Additionally, the company returned $13.6 million to stockholders through a combination of dividends and share repurchases.
Management attributed the performance to market share gains, productivity improvements, and effective net working capital management.