Russel Metals Announces 2026 Second Quarter Results

TORONTO, Aug. 6, 2026 /PRNewswire/ -- Russel Metals Inc. (TSX: RUS) announces financial results for three months ended June 30, 2026.

Record Quarterly Revenues and Shipments Revenues of $1.7 Billion and Adjusted EBITDA of $154 Million Gross Margins Improved by 130 Basis Points in Q2'26 vs. Q1'26 Higher Revenues and EBITDA Contributions from Kloeckner Acquisition Annualized Return on Capital of 24% in Q2'26 and 23% for Year-to-Date Strong Capital Structure - Liquidity of $554 Million Three Months Ended Six Months Ended Jun 30 2026 Mar 31 2026 Jun 30 2025 Jun 30 2026 Jun 30 2025 Revenues $ 1,655 $ 1,418 $ 1,207 $ 3,073 $ 2,381 EBITDA (1) 138 124 108 262 194 Adjusted EBITDA (1) 154 93 113 247 196 Net earnings 79 72 60 150 103 Adjusted net earnings (1) 90 45 64 134 105 Earnings per share 1.43 1.30 1.07 2.73 1.82 Adjusted earnings per share (1) 1.63 0.81 1.14 2.44 1.86