secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K/A
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0000950170-24-028656
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson Q4 net income $26M, EPS $0.74; acquires three processors; dividend increased 10th time
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- Q4 net income $26M ($0.74 diluted EPS) vs Q4 2022 net loss $24.1M; revenue $1.1B down 13.6% YoY.
- Full-year net income $146M ($4.10 EPS), down 62.7% from 2022; revenue $5.1B down 19.2% YoY.
- Acquired three metal service centers in Q4: Norlen, TSA Processing, and Hudson Tool Steel.
- Announced Q1 2024 dividend of $0.1875 per share, the tenth consecutive quarterly increase.
- Generated Q4 operating cash flow $90M and free cash flow $65M; net leverage ratio at 1.7x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000095017024028656/0000950170-24-028656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000095017024028656/ryi-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-028656

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