vs

Side-by-side financial comparison of Ryerson Holding Corp (RYI) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.

Snowflake Inc. is the larger business by last-quarter revenue ($1.3B vs $1.1B, roughly 1.2× Ryerson Holding Corp). Ryerson Holding Corp runs the higher net margin — -3.4% vs -24.1%, a 20.7% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (100.0% vs 9.7%). Snowflake Inc. produced more free cash flow last quarter ($765.1M vs $91.9M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (24.5% CAGR vs -5.6%).

Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.

Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.

RYI vs SNOW — Head-to-Head

Bigger by revenue
SNOW
SNOW
1.2× larger
SNOW
$1.3B
$1.1B
RYI
Growing faster (revenue YoY)
SNOW
SNOW
+90.3% gap
SNOW
100.0%
9.7%
RYI
Higher net margin
RYI
RYI
20.7% more per $
RYI
-3.4%
-24.1%
SNOW
More free cash flow
SNOW
SNOW
$673.2M more FCF
SNOW
$765.1M
$91.9M
RYI
Faster 2-yr revenue CAGR
SNOW
SNOW
Annualised
SNOW
24.5%
-5.6%
RYI

Income Statement — Q4 FY2025 vs Q4 FY2027

Metric
RYI
RYI
SNOW
SNOW
Revenue
$1.1B
$1.3B
Net Profit
$-37.9M
$-309.6M
Gross Margin
15.3%
66.8%
Operating Margin
-3.4%
8.4%
Net Margin
-3.4%
-24.1%
Revenue YoY
9.7%
100.0%
Net Profit YoY
-781.4%
5.5%
EPS (diluted)
$-1.18
$-0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RYI
RYI
SNOW
SNOW
Q4 26
$1.3B
Q4 25
$1.1B
$1.2B
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$1.0B
Q1 25
$1.1B
$986.8M
Q4 24
$1.0B
$942.1M
Q3 24
$1.1B
$868.8M
Q2 24
$1.2B
$828.7M
Net Profit
RYI
RYI
SNOW
SNOW
Q4 26
$-309.6M
Q4 25
$-37.9M
$-294.0M
Q3 25
$-14.8M
$-298.0M
Q2 25
$1.9M
$-430.1M
Q1 25
$-5.6M
$-327.5M
Q4 24
$-4.3M
$-324.3M
Q3 24
$-6.6M
$-316.9M
Q2 24
$9.9M
$-317.0M
Gross Margin
RYI
RYI
SNOW
SNOW
Q4 26
66.8%
Q4 25
15.3%
67.8%
Q3 25
17.2%
67.5%
Q2 25
17.9%
66.5%
Q1 25
18.0%
66.2%
Q4 24
19.0%
65.9%
Q3 24
17.9%
66.8%
Q2 24
18.2%
67.1%
Operating Margin
RYI
RYI
SNOW
SNOW
Q4 26
8.4%
Q4 25
-3.4%
-27.2%
Q3 25
-0.1%
-29.7%
Q2 25
0.5%
-42.9%
Q1 25
0.2%
-39.2%
Q4 24
0.3%
-38.8%
Q3 24
0.5%
-40.9%
Q2 24
1.9%
-42.1%
Net Margin
RYI
RYI
SNOW
SNOW
Q4 26
-24.1%
Q4 25
-3.4%
-24.2%
Q3 25
-1.3%
-26.0%
Q2 25
0.2%
-41.3%
Q1 25
-0.5%
-33.2%
Q4 24
-0.4%
-34.4%
Q3 24
-0.6%
-36.5%
Q2 24
0.8%
-38.3%
EPS (diluted)
RYI
RYI
SNOW
SNOW
Q4 26
$-0.90
Q4 25
$-1.18
$-0.87
Q3 25
$-0.46
$-0.89
Q2 25
$0.06
$-1.29
Q1 25
$-0.18
$-0.98
Q4 24
$-0.13
$-0.98
Q3 24
$-0.20
$-0.95
Q2 24
$0.29
$-0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RYI
RYI
SNOW
SNOW
Cash + ST InvestmentsLiquidity on hand
$26.9M
$4.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$753.1M
Total Assets
$2.4B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RYI
RYI
SNOW
SNOW
Q4 26
$4.0B
Q4 25
$26.9M
$1.9B
Q3 25
$29.8M
$1.9B
Q2 25
$30.8M
$2.2B
Q1 25
$33.6M
$2.6B
Q4 24
$27.7M
$2.1B
Q3 24
$35.0M
$1.3B
Q2 24
$28.0M
$1.3B
Stockholders' Equity
RYI
RYI
SNOW
SNOW
Q4 26
Q4 25
$753.1M
$2.1B
Q3 25
$787.3M
$2.4B
Q2 25
$811.5M
$2.4B
Q1 25
$803.9M
$3.0B
Q4 24
$815.3M
$2.9B
Q3 24
$832.9M
$4.1B
Q2 24
$877.9M
$4.6B
Total Assets
RYI
RYI
SNOW
SNOW
Q4 26
$9.1B
Q4 25
$2.4B
$8.2B
Q3 25
$2.5B
$8.2B
Q2 25
$2.5B
$8.2B
Q1 25
$2.5B
$9.0B
Q4 24
$2.4B
$8.2B
Q3 24
$2.5B
$6.9B
Q2 24
$2.6B
$7.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RYI
RYI
SNOW
SNOW
Operating Cash FlowLast quarter
$112.7M
$781.2M
Free Cash FlowOCF − Capex
$91.9M
$765.1M
FCF MarginFCF / Revenue
8.3%
59.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$35.5M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RYI
RYI
SNOW
SNOW
Q4 26
$781.2M
Q4 25
$112.7M
$137.5M
Q3 25
$-8.3M
$74.9M
Q2 25
$23.8M
$228.4M
Q1 25
$-41.2M
$432.7M
Q4 24
$92.2M
$101.7M
Q3 24
$134.6M
$69.9M
Q2 24
$25.9M
$355.5M
Free Cash Flow
RYI
RYI
SNOW
SNOW
Q4 26
$765.1M
Q4 25
$91.9M
$113.6M
Q3 25
$-21.1M
$58.2M
Q2 25
$13.9M
$183.4M
Q1 25
$-49.2M
$421.4M
Q4 24
$68.7M
$88.3M
Q3 24
$103.0M
$64.8M
Q2 24
$3.2M
$338.9M
FCF Margin
RYI
RYI
SNOW
SNOW
Q4 26
59.6%
Q4 25
8.3%
9.4%
Q3 25
-1.8%
5.1%
Q2 25
1.2%
17.6%
Q1 25
-4.3%
42.7%
Q4 24
6.8%
9.4%
Q3 24
9.1%
7.5%
Q2 24
0.3%
40.9%
Capex Intensity
RYI
RYI
SNOW
SNOW
Q4 26
Q4 25
1.9%
2.0%
Q3 25
1.1%
1.5%
Q2 25
0.8%
4.3%
Q1 25
0.7%
1.1%
Q4 24
2.3%
1.4%
Q3 24
2.8%
0.6%
Q2 24
1.9%
2.0%
Cash Conversion
RYI
RYI
SNOW
SNOW
Q4 26
Q4 25
Q3 25
Q2 25
12.53×
Q1 25
Q4 24
Q3 24
Q2 24
2.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RYI
RYI

US$988.3M89%
Non Us$116.5M11%

SNOW
SNOW

Product revenue$1.2B96%
Other$57.4M4%

Related Comparisons