earnings
confidence high
sentiment negative
materiality 0.80
Ryerson posts Q4 net loss of $24.1M; full-year net income record $391M; dividend raised 6.3%
Ryerson Holding Corp
2022-FY EPS reported
$10.21
revenue$6,323,600,000
- Q4 revenue $1.29B (-16% YoY); net loss $24.1M vs net income $106.4M in Q4 2021; diluted EPS -$0.65.
- Full-year 2022 net income $391.0M (record), diluted EPS $10.21; revenue $6.3B (+11% YoY).
- Adjusted EBITDA excl. LIFO Q4 $28.7M (2.2% margin) vs $238.7M (15.6%) a year ago; full-year $582.0M.
- Operating cash flow $501.2M for 2022; debt reduced to $367M from $639M at Dec 2021.
- Q1 2023 dividend increased 6.3% to $0.17/share; growth investments and inaugural ESG report.