US metals service center that buys, processes and distributes carbon steel, aluminum and stainless steel to manufacturers.
US metals service center that buys, processes and distributes carbon steel, aluminum and stainless steel to manufacturers.
Buys metal in large lots from mills and sells it in smaller cut-to-order pieces, earning the margin between mill price and what customers pay plus a fee for processing. Profit swings with metal prices because inventory is bought at one price and sold later.
Moat: narrow (scale, distribution). Large branch/inventory network and processing shorten fabricator lead times, but the metal itself is a commodity.
Headquarters: Chicago, Illinois · Founded: 1842 · Employees: 4,300
Size Ryerson (RYZ) is a United States Materials company (Steel) with a market value of $1.43B, the 2029th largest of 3,117 United States companies the cockpit tracks. Shares closed at $27.60 on 6 Nov 2026.
Performance Over six months the shares gained 1.4%, against -26.5% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 53.2% over the last twelve months (peer median +3.0%); the operating margin is 1.0% (peer median 3.6%).
Valuation It trades at 10.6× forward earnings against a peer median of 23.4× (cheapest of 12).
Capital Return on invested capital runs 6.9 points below its cost of capital (9.0% WACC).
Short interest Short interest is 3.0% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.86B | $4.57B | $4.60B | $5.11B | $6.32B |
| Revenue growth | — | -1% | -10% | -19% | — |
| Gross profit | $1.19B | $768M | $818M | $1.00B | $1.31B |
| EBITDA | $176M | $47.5M | $104M | $280M | $639M |
| Net income | $14.1M | -$56.4M | -$8.60M | $146M | $391M |
| Free cash flow | -$134M | $35.5M | $105M | $243M | $396M |
| Capital expenditure | $70.6M | $51.5M | $99.6M | $122M | $105M |
| Total debt | $1.37B | $832M | $851M | $821M | $626M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Ryerson RYZ | $1.43B | +1% | +53% | 1% | 10.6× | n/a |
| Reliance RS | $21.2B | +13% | +25% | 9% | 14.9× | 9.1% |
| Russel Metals RUS.TO | $2.98B | +36% | +18% | 5% | 14.4× | 8.7% |
| Worthington Steel WS | $1.88B | -9% | +69% | 3% | 9.7× | 26.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RYZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.4% | -8.1% | highest of 21 |
| 6-month return | +1.4% | -26.5% | 3rd highest of 21 |
| Distance from 52-week high | -18.1% | -42.9% | 2nd highest of 21 |
| Revenue growth (TTM) | +53.2% | +3.0% | highest of 21 |
| Operating margin | 1.0% | 3.6% | 7th lowest of 21 |
| Forward P/E | 10.6× | 23.4× | cheapest of 12 |
| ROIC minus cost of capital | -6.9 pp | -3.0 pp | 5th lowest of 21 |
| Net debt / EBITDA | 7.5× | 0.5× | most indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ryerson RYZ | United States | $1.43B | +1% | +53% | 1% | 10.6× | n/a | n/a |
| Dalian Huarui Heavy Industry 002204.SZ | China | $1.43B | -28% | +5% | 4% | n/a | -3.8% | +13.9% |
| Fangda Special Steel Technology 600507.SS | China | $1.38B | -32% | +8% | 3% | 23.4× | n/a | n/a |
| Godawari Power & Ispat GPIL.NS | India | $1.49B | -31% | +8% | 19% | 12.5× | 21.7% | +6.3% |
| Gallantt Ispat GALLANTT.NS | India | $1.36B | -38% | +6% | 11% | n/a | 39.6% | +16.0% |
| Suzhou Hesheng Special Material 002290.SZ | China | $1.51B | -50% | +1% | 7% | 42.2× | 34.8% | +7.1% |
| HBIS Resources 000923.SZ | China | $1.33B | -19% | -5% | 0% | 52.4× | n/a | n/a |
| YODOKO 5451.T | Japan | $1.31B | +1% | -2% | 6% | n/a | 0.3% | +6.0% |
| Impro Precision Industries 1286.HK | Hong Kong | $1.30B | -52% | +20% | 18% | 11.4× | -1.6% | +11.7% |
| Yongjin Technology 603995.SS | China | $1.28B | +22% | +11% | 2% | 12.1× | n/a | n/a |
| Liuzhou Iron & Steel 601003.SS | China | $1.28B | -29% | 0% | 1% | 28.2× | -0.3% | +4.7% |
| Sarda Energy & Minerals SARDAEN.NS | India | $1.63B | -27% | -2% | 26% | n/a | 10.6% | +20.9% |
| Gansu Jiu Steel Group Hongxing Iron & Steel 600307.SS | China | $1.25B | -25% | -6% | -5% | n/a | n/a | n/a |
| Chongqing Iron & Steel 601005.SS | China | $1.63B | -17% | -12% | -13% | n/a | n/a | n/a |
| Bengang Steel Plates 000761.SZ | China | $1.25B | -26% | -2% | -10% | n/a | n/a | n/a |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 3% | n/a | 20.8% | +41.6% |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -5% | 102.8× | n/a | n/a |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 4% | 14.7× | 15.4% | +10.2% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | n/a | n/a | n/a |
| Jindal Saw JINDALSAW.NS | India | $1.70B | +4% | -1% | 6% | 22.7× | 17.5% | +10.9% |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 12% | 26.1× | 17.7% | +25.0% |