Ryerson(RYI)

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Ryerson(RYI) - 2022 Q3 - Quarterly Report
2022-11-02 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-34735 RYERSON HOLDING CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 26-1251524 (State or other jurisdic ...
Ryerson(RYI) - 2022 Q2 - Earnings Call Transcript
2022-08-06 23:33
Ryerson Holding Corporation (NYSE:RYI) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Jorge Beristain - Vice President-Finance Edward Lehner - President and Chief Executive Officer Michael Burbach - Chief Operating Officer James Claussen - Executive Vice President and Chief Financial Officer Molly Kannan - Controller and Chief Accounting Officer John Orth - Executive Vice President-Operations Michael Hamilton - Vice President-Corporate Supply Chain Conference Call Participa ...
Ryerson(RYI) - 2022 Q2 - Quarterly Report
2022-08-03 20:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-34735 RYERSON HOLDING CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
Ryerson(RYI) - 2022 Q1 - Earnings Call Transcript
2022-05-07 21:56
Financial Data and Key Metrics Changes - Ryerson achieved its highest ever diluted earnings per share of $4.17 and adjusted diluted earnings of $4.27 per share in Q1 2022, compared to $2.71 and $2.68 per share in Q4 2021 respectively [7][38] - Revenue for Q1 2022 was $1.75 billion, exceeding the high end of guidance, with average selling prices up 2.3% and volume up 11.4% compared to Q4 2021 [34] - Net income attributable to Ryerson was $163.6 million in Q1 2022, an increase from $106.4 million in Q4 2021 [38] - The company's net debt fell to $507 million, the lowest level since its IPO in 2014, and the leverage ratio improved to 0.5x from 0.7x [8][27] Business Line Data and Key Metrics Changes - Approximately 50% of revenues were generated from bright metals, including stainless steels and aluminum, which supported sequential gross margin improvement [13] - Stainless steel products accounted for nearly $0.5 billion or 28% of overall revenue, with a 2.9% sequential increase in average selling prices [17] - The transactional aluminum reference price rose 19% in Q1 2022, while Ryerson's realized average selling price for aluminum products gained 8% sequentially [18] Market Data and Key Metrics Changes - North American industry shipments rose 9.3% quarter-over-quarter, while Ryerson's North American volumes gained 14.8%, indicating market share growth [18] - The company noted strong demand recovery in sectors such as commercial ground transportation and construction equipment, with volume growth of 20% and 19% respectively [20] Company Strategy and Development Direction - Ryerson's strategy focuses on strengthening its balance sheet while investing in modernizing and digitizing its service center network [11] - The company is well-positioned for future growth due to its exposure to North American manufacturing and planned national infrastructure spending [10] - Ryerson raised its quarterly dividend by 25% to $0.125 per share, reflecting confidence in its financial health [9][30] Management's Comments on Operating Environment and Future Outlook - Management highlighted the ongoing challenges from supply chain disruptions and geopolitical unrest but maintained an optimistic outlook for 2022 [21] - The company anticipates a recovering volume outlook into the second half of 2022, supported by improving industrial activity [21] - Management emphasized the importance of creating great experiences for customers and stakeholders amidst current global challenges [41] Other Important Information - Ryerson generated $82.5 million of operating cash in Q1 2022 and ended the period with $551 million of total debt [26] - Capital expenditures were $18.8 million in Q1 2022, with a reaffirmed anticipated capital expenditure of up to $100 million for the year [29] - The company returned approximately $4.3 million to shareholders through dividends and share buybacks during the quarter [31] Q&A Session Summary Question: Were there any questions from participants? - There were no questions during the Q&A session [45]
Ryerson(RYI) - 2022 Q1 - Earnings Call Presentation
2022-05-05 15:48
1 Ryerson Quarterly Release Presentation Q1 2022 2 2 Important Information About Ryerson Holding Corporation These materials do not constitute an offer or solicitation to purchase or sell securities of Ryerson Holding Corporation ("Ryerson" or "the Company") or its subsidiaries and no investment decision should be made based upon the information provided herein. Ryerson strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at https://ir.ryerson.com/financia ...
Ryerson(RYI) - 2022 Q1 - Quarterly Report
2022-05-04 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 001-34735 RYERSON HOLDING CORPORATION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 (State or other jurisdiction of incorporation or ...
Ryerson(RYI) - 2021 Q4 - Earnings Call Presentation
2022-02-28 05:38
Ryerson Quarterly Release Presentation Q4 2021 1 2 Important Information About Ryerson Holding Corporation These materials do not constitute an offer or solicitation to purchase or sell securities of Ryerson Holding Corporation ("Ryerson" or "the Company") or its subsidiaries and no investment decision should be made based upon the information provided herein. Ryerson strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at https://ir.ryerson.com/financials ...
Ryerson(RYI) - 2021 Q4 - Earnings Call Transcript
2022-02-25 22:54
Ryerson Holding Corporation (NYSE:RYI) Q4 2021 Earnings Conference Call February 24, 2022 10:00 AM ET Company Participants Jorge Beristain – Vice President-Finance Eddie Lehner – President and Chief Executive Officer Mike Burbach – Chief Operating Officer Jim Claussen – Executive Vice President and Chief Financial Officer Molly Kannan – Controller and Chief Accounting Officer John Orth - Executive Vice President-Operations Conference Call Participants Phil Gibbs – KeyBanc Capital Markets Alan Weber – Robott ...
Ryerson(RYI) - 2021 Q4 - Annual Report
2022-02-23 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34735 RYERSON HOLDING CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 26-1251524 (State or other jurisdictio ...
Ryerson(RYI) - 2021 Q3 - Earnings Call Transcript
2021-11-07 18:06
Ryerson Holding Corporation (NYSE:RYI) Q3 2021 Earnings Conference Call November 4, 2021 10:00 AM ET Company Participants Justine Carlson - Investor Relations Eddie Lehner - President and CEO Mike Burbach - Chief Operating Officer Jim Claussen - Executive Vice President and CFO Molly Kannan - Controller and CAO John Orth - Executive Vice President, Operations Conference Call Participants Michael Musser - KeyBank Capital Markets Alan Weber - Robotti Advisors Matthew Fields - Bank of America Sathish Kasinatha ...