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Ryerson Holding vs Worthington Steel

Ryerson Holding is the larger business, with $4.57bn of revenue in fiscal 2025 against $3.44bn for Worthington Steel (1.3 times as much). Worthington Steel grew faster (11.3% against -0.6%). Worthington Steel kept more of each dollar of sales as profit: a net margin of 0.2% against -1.2%.

Latest fiscal yearRyerson HoldingRYZ, 2025Worthington SteelWS, 2026
Revenue $4.57bn $3.44bn
Revenue growth -0.6% 11.3%
Net income −$56.4m $8.5m
Operating margin -0.7% —
Net margin -1.2% 0.2%
Return on equity -7.2% 0.8%
Free cash flow $35.5m $80.0m
Cash $26.9m $84.6m
Total debt $463m $257m
Debt to equity 61.5% —
Dividend per share $0.75 $0.64
Dividend yield 2.0% 1.6%
Share buybacks $0 —
Employees 4,300 —
Market value $1.68bn $2.05bn
Price vs our value range — —
Moat score 29 (Weak) —
Insider trades, 12 months 0 buys, 8 sales 2 buys, 11 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.