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How Ryerson Holding (RYZ) makes money
Ryerson Holding (RYZ) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +87% from a year earlier. Of every dollar of revenue, 17¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
| Cost of revenue | $1.8B | 82.8% |
| Gross profit | $374M | 17.2% |
| Operating expenses | $322M | 14.8% |
| Operating profit | $51.5M | 2.4% |
| Income tax | $3.9M | 0.2% |
| Net earnings | $32.5M | 1.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.2B | +88% |
| Q2 2026 | $2.0B | +72% |
| Q1 2026 | $1.6B | +38% |
| Q4 2025 | $1.1B | +10% |
| Q3 2025 | $1.2B | +3% |
| Q2 2025 | $1.2B | -5% |
| Q1 2025 | $1.1B | -8% |
From Ryerson Holding's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Ryerson Holding make money?
Ryerson Holding (RYZ) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +87% from a year earlier. Of every dollar of revenue, 17¢ was left as gross profit, 2¢ was left as operating profit, 1¢ was left as net earnings.
What is Ryerson Holding's profit margin?
Net earnings were $32.5M, 1.5% of revenue, in the third quarter 2026; the operating margin was 2.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.