---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056450"
form_type: "8-K"
ticker: "RYZ"
cik: "0001481582"
company_name: "Ryerson Holding Corp"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:50:34.828237+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ryerson Q3 net income $35M, EPS $1.00; revenue down 19.2% YoY to $1.25B

## Summary
- Net income $35.0M ($1.00 diluted EPS) vs $55.1M ($1.46) in Q3 2022; revenue $1.25B, down 19.2% YoY.
- Adjusted EBITDA excl LIFO $45.0M, down 42.7% YoY; margin 3.6% vs 5.1% a year ago.
- Generated operating cash flow $79.3M and free cash flow $56.9M; net leverage 1.4x.
- Acquired Norlen Incorporated (value-added processor) subsequent to quarter-end; terms not disclosed.
- Declared Q4 dividend $0.1850/share, a 1.4% increase from prior quarter, marking ninth consecutive quarterly increase.

## SEC filing metadata
- accession: 0000950170-23-056450
- form_type: 8-K
- ticker: RYZ
- cik: 0001481582
- company_name: Ryerson Holding Corp
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1481582/000095017023056450/0000950170-23-056450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481582/000095017023056450/ryi-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056450
- JSON: https://secwatch.observer/filing/0000950170-23-056450.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056450.txt

## Key facts
- Earnings Releases
  Ryerson Holding Corp reported the third quarter ended September 30, 2023 results: revenue $1,246.7, net income $35.0, EPS $1.00.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $1,246.7
  - Net income: $35.0
  - EPS: $1.00
  - Result: reported results
  source text: $ in millions, except tons (in thousands), average selling prices, and earnings per share Financial Highlights: Q3 2023 Q3 2022 Q2 2023 YoY QoQ 9MO 2023 9MO 2022 YoY Revenue $1,246.7 $1,543.1 $1,343.5 (19.2)% (7.2)% $3,996.3 $5,035.4 (20.6)% Tons shipped 478 512 496 (6.6)% (3.6)% 1,493 1,564 (4.5)% Average selling price/ton $2,608 $3,014 $2,709 (13.5)% (3.7)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1481582/000095017023056450/0000950170-23-056450-index.htm

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