Ryerson Q3 2026 net income rises to $32.0 million; Q4 outlook is lower
Ryerson reported third-quarter 2026 net sales of $2.18 billion, up 8.6% from the second quarter, and net income attributable to the company of $32.0 million, or $0.61 per diluted share, versus $15.5 million, or $0.30 per share, in Q2. Adjusted EBITDA excluding LIFO was $115.0 million, above the company's $88 million to $92 million guidance, and management guided fourth-quarter net sales and earnings below third-quarter levels.
Key points
- Q3 2026 net sales $2.18 billion, up 8.6% from Q2; net income $32.0 million ($0.61 per diluted share) vs. $15.5 million ($0.30) in Q2.
- Q4 2026 guidance: net sales $1.96 billion to $2.04 billion; net income $16 million to $20 million ($0.30 to $0.38 per diluted share).
- Board declared a quarterly dividend of $0.1875 per share, payable December 17, 2026, to holders of record as of December 3, 2026.
- Total debt rose to $1.01 billion and net debt to $966 million; operating activities used $18.2 million of cash in Q3.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.