secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0000950170-23-035958
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson Q2 net income drops 81% YoY to $37.6M; EPS $1.06 vs $5.10
-----------------------------------------------------------------

- Revenue $1.34B, down 22.9% YoY; tons shipped 496K, down 5.3% YoY.
- Adjusted EBITDA excl. LIFO $70.1M (5.2% margin) vs $224.2M a year ago.
- Operating cash flow $115.3M; net debt $366M, leverage ratio 1.4x.
- Repurchased 1.4M shares from Platinum Equity; free float increased to 77%.
- Quarterly dividend raised 1.4% to $0.1825 per share, eighth consecutive increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000095017023035958/0000950170-23-035958-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000095017023035958/ryi-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-035958

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer