Ryerson Successfully Completes Merger with Olympic Steel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
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Source: PRnewswire
- Merger Completion: Ryerson successfully completed its merger with Olympic Steel on February 13, 2026, anticipating approximately $120 million in annual run-rate synergies by 2028 through procurement scale and efficiency gains, thereby enhancing market competitiveness.
- Financial Performance: In Q4 2025, Ryerson reported net sales of $1.104 billion, a 9.7% year-over-year increase, although gross margin declined to 15.3% due to soft demand, reflecting challenges in the market environment.
- Credit Facility Expansion: Following the merger, Ryerson expanded its revolving credit facility from $1.3 billion to $1.8 billion, ensuring financial flexibility for operations and potential acquisitions, supporting future growth initiatives.
- Cash Flow Management: Ryerson generated $112.7 million in cash from operating activities in Q4 2025, a significant improvement over the third quarter, demonstrating effective management of seasonal working capital release.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
