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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
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, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (Dollars in millions) |  |  | (Dollars in millions) |
Net sales |  | $ | 1,169.3 |  |  | $ | 1,225.5 |  |  | $ | 2,305.0 |  |  | $ | 2,464.7 |
Less 1 : |  |  |  |  |  |  |  |  |  |  |  |
Cost of materials sold, excluding LIFO (income) expense |  |  | 946.7 |  |  |  | 1,012.0 |  |  |  | 1,871.2 |  |  |  | 2,032.6 |
LIFO (income) expense |  |  | 13.2 |  |  |  | (10.0 | ) |  |  | 20.0 |  |  |  | (9.0 | )
Delivery expense |  |  | 31.7 |  |  |  | 29.1 |  |  |  | 61.8 |  |  |  | 57.8 |
Compensation and benefits expense |  |  | 92.9 |  |  |  | 90.5 |  |  |  | 189.5 |  |  |  | 185.8 |
Selling, general, and administrative expense |  |  | 19.1 |  |  |  | 19.4 |  |  |  | 36.8 |  |  |  | 38.2 |
Operating expense - fixed |  |  | 18.7 |  |  |  | 17.3 |  |  |  | 38.7 |  |  |  | 36.7 |
Operating expense - variable |  |  | 15.3 |  |  |  | 15.8 |  |  |  | 30.3 |  |  |  | 33.0 |
Reorganization expense 2 |  |  | 5.0 |  |  |  | 12.7 |  |  |  | 9.0 |  |  |  | 32.8 |
Depreciation and amortization expense |  |  | 19.4 |  |  |  | 18.0 |  |  |  | 38.6 |  |  |  | 35.4 |
Interest and other expense on debt |  |  | 9.8 |  |  |  | 11.3 |  |  |  | 19.3 |  |  |  | 21.4 |
Other segment items 3 |  |  | 3.8 |  |  |  | (3.9 | ) |  |  | 3.0 |  |  |  | (3.8 | )
Income (loss) before income taxes |  |  | (6.3 | ) |  |  | 13.3 |  |  |  | (13.2 | ) |  |  | 3.8 |
Provision (benefit) for income taxes |  |  | (8.4 | ) |  |  | 3.0 |  |  |  | (10.0 | ) |  |  | 0.9 |
Net Income (loss) |  |  | 2.1 |  |  |  | 10.3 |  |  |  | (3.2 | ) |  |  | 2.9 |
Less: Net income attributable to noncontrolling interest |  |  | 0.2 |  |  |  | 0.4 |  |  |  | 0.5 |  |  |  | 0.6 |
Net income (loss) attributable to Ryerson Holding Corporation |  | $ | 1.9 |  |  | $ | 9.9 |  |  | $ | (3.7 | ) |  | $ | 2.3 |
(1) The significant expense categories and amounts align with the information that is regularly provided to the CODM. (2) Reorganization expense is used by management to capture excess costs associated 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 should not be used as a substitute for total expenses reported on our Condensed Consolidated Statements of Comprehensive Income. (3) Other segment items include foreign exchange gain and loss, pension settlement and curtailment gains and losses, pension and postretirement benefit costs other than service costs, gains or losses on investments, purchase consideration, gains on insurance settlements, and impairment charges on assets.

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