Segment Information (Tables)

6 Months Ended

Jun. 30, 2026

Summary of Segment Revenue, Significant Expenses Regularly Reviewed By CODM, and Other Segment Items

The Company’s segment revenue, significant expenses regularly reviewed by the CODM, and other segment items are as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026		2025
	(In millions)						(In millions)
Net sales	$	2,006.2		$	1,169.3		$	3,572.7	$	2,305.0
Less 1 :
Cost of materials sold, excluding LIFO expense		1,634.0			946.7			2,901.7		1,871.2
LIFO expense		17.0			13.2			27.0		20.0
Delivery expense		60.6			31.7			102.3		61.8
Compensation and benefits expense		156.2			92.9			287.3		189.5
Selling, general, and administrative expense		22.3			19.1			41.2		36.8
Operating expense - fixed		20.0			18.7			40.3		38.7
Operating expense - variable		26.3			15.3			47.0		30.3
Reorganization expense and one-time items 2		2.3			5.0			6.0		9.0
Depreciation and amortization expense		31.7			19.4			55.1		38.6
Interest and other expense on debt		14.3			9.8			26.0		19.3
Other segment items 3		(0.5	)		3.8			3.6		3.0
Income (loss) before income taxes		22.0			(6.3	)		35.2		(13.2	)
Provision (benefit) for income taxes		6.0			(8.4	)		14.2		(10.0	)
Net income (loss)		16.0			2.1			21.0		(3.2	)
Less: Net income attributable to noncontrolling interest		0.5			0.2			1.0		0.5
Net Income (loss) attributable to Ryerson Holding Corporation	$	15.5		$	1.9		$	20.0	$	(3.7	)

(1) The significant expense categories and amounts align with the information that is regularly provided to the CODM.

(2) Reorganization expense and one-time items is used by management to capture excess costs associated with one-time events or with implementing significant Company projects or changes and allows the CODM to assess performance without the impact of these items. It is not a GAAP financial measure. Expenses excluding reorganization expense and one-time items should not be used as a substitute for total expenses reported on our Condensed Consolidated Statements of Comprehensive Income (Loss).

(3) Other segment items include merger expenses, foreign exchange gain and loss, pension settlement gains, impairment charges on assets, discounts on accounts receivable factoring, and pension and postretirement benefit costs other than service costs.