---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016263"
form_type: "8-K"
ticker: "RYZ"
cik: "0001481582"
company_name: "Ryerson Holding Corp"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:53:00.187680+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ryerson Q1 net income falls 71% YoY to $47.3M; revenue $1.4B, down 20%

## Summary
- Diluted EPS $1.27 vs $4.17 a year ago; adjusted diluted EPS $1.27.
- Gross margin 18.8% (down 470 bps YoY); gross margin excl. LIFO 19.1%.
- Adjusted EBITDA excl. LIFO $90.1M, down 64% YoY; net leverage 0.8x.
- Repurchased 1.5M shares; acquired BLP Holdings; quarterly dividend raised 5.9% to $0.18.
- Share repurchase program extended and increased to $100M through April 2025.

## SEC filing metadata
- accession: 0000950170-23-016263
- form_type: 8-K
- ticker: RYZ
- cik: 0001481582
- company_name: Ryerson Holding Corp
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1481582/000095017023016263/0000950170-23-016263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481582/000095017023016263/ryi-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016263
- JSON: https://secwatch.observer/filing/0000950170-23-016263.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016263.txt

## Key facts
- Earnings Releases
  Ryerson Holding Corp reported first quarter ended March 31, 2023 results: net income Net Income attributable to Ryerson Holding Corporation of $47.3 million, EPS Diluted EPS of $1.27.
  - Period: first quarter ended March 31, 2023
  - Net income: Net Income attributable to Ryerson Holding Corporation of $47.3 million
  - EPS: Diluted EPS of $1.27
  - Result: reported results
  source text: On May 1, 2023, Ryerson Holding Corporation (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1481582/000095017023016263/0000950170-23-016263-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.