secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001193125-26-040024
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson Q4 net loss $37.9M vs expected $9-7M loss; merger on track for Q1 2026
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- Q4 revenue $1.10B, tons shipped -4.9% QoQ, net loss $37.9M ($1.18/sh) vs expected loss of $9-7M.
- Gross margin fell to 15.3% from 17.2% QoQ; LIFO expense $22.5M above guidance of $10-14M.
- Adjusted EBITDA ex-LIFO $20.4M, below guidance range of $33-37M.
- Q1 2026 guidance: revenue $1.26-1.30B, net income $10-12M, adjusted EBITDA ex-LIFO $51-54M.
- Merger with Olympic Steel on track for Q1 2026; pro forma Q1 rev $1.52-1.58B, Adj EBITDA $63-67M; shareholder lawsuits filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000119312526040024/0001193125-26-040024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000119312526040024/d72538d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-040024

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