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

Ryerson Holding Corp is the larger business by last-quarter revenue ($1.1B vs $758.0M, roughly 1.5× Talen Energy Corp). Ryerson Holding Corp runs the higher net margin — -3.4% vs -47.9%, a 44.5% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs 9.7%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $91.9M). Over the past eight quarters, Talen Energy Corp's revenue compounded faster (35.0% 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.

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.

RYI vs TLN — Head-to-Head

Bigger by revenue
RYI
RYI
1.5× larger
RYI
$1.1B
$758.0M
TLN
Growing faster (revenue YoY)
TLN
TLN
+105.1% gap
TLN
114.7%
9.7%
RYI
Higher net margin
RYI
RYI
44.5% more per $
RYI
-3.4%
-47.9%
TLN
More free cash flow
TLN
TLN
$162.1M more FCF
TLN
$254.0M
$91.9M
RYI
Faster 2-yr revenue CAGR
TLN
TLN
Annualised
TLN
35.0%
-5.6%
RYI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RYI
RYI
TLN
TLN
Revenue
$1.1B
$758.0M
Net Profit
$-37.9M
$-363.0M
Gross Margin
15.3%
Operating Margin
-3.4%
-41.3%
Net Margin
-3.4%
-47.9%
Revenue YoY
9.7%
114.7%
Net Profit YoY
-781.4%
-542.7%
EPS (diluted)
$-1.18
$-7.60

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
TLN
TLN
Q4 25
$1.1B
$758.0M
Q3 25
$1.2B
$697.0M
Q2 25
$1.2B
$409.0M
Q1 25
$1.1B
$654.0M
Q4 24
$1.0B
$353.0M
Q3 24
$1.1B
$459.0M
Q2 24
$1.2B
$346.0M
Q1 24
$1.2B
$416.0M
Net Profit
RYI
RYI
TLN
TLN
Q4 25
$-37.9M
$-363.0M
Q3 25
$-14.8M
$207.0M
Q2 25
$1.9M
$72.0M
Q1 25
$-5.6M
$-135.0M
Q4 24
$-4.3M
$82.0M
Q3 24
$-6.6M
$168.0M
Q2 24
$9.9M
$454.0M
Q1 24
$-7.6M
$294.0M
Gross Margin
RYI
RYI
TLN
TLN
Q4 25
15.3%
Q3 25
17.2%
Q2 25
17.9%
Q1 25
18.0%
Q4 24
19.0%
Q3 24
17.9%
Q2 24
18.2%
Q1 24
17.6%
Operating Margin
RYI
RYI
TLN
TLN
Q4 25
-3.4%
-41.3%
Q3 25
-0.1%
37.7%
Q2 25
0.5%
16.1%
Q1 25
0.2%
-16.2%
Q4 24
0.3%
4.5%
Q3 24
0.5%
34.4%
Q2 24
1.9%
7.8%
Q1 24
0.1%
6.0%
Net Margin
RYI
RYI
TLN
TLN
Q4 25
-3.4%
-47.9%
Q3 25
-1.3%
29.7%
Q2 25
0.2%
17.6%
Q1 25
-0.5%
-20.6%
Q4 24
-0.4%
23.2%
Q3 24
-0.6%
36.6%
Q2 24
0.8%
131.2%
Q1 24
-0.6%
70.7%
EPS (diluted)
RYI
RYI
TLN
TLN
Q4 25
$-1.18
$-7.60
Q3 25
$-0.46
$4.25
Q2 25
$0.06
$1.50
Q1 25
$-0.18
$-2.94
Q4 24
$-0.13
$2.07
Q3 24
$-0.20
$3.16
Q2 24
$0.29
$7.60
Q1 24
$-0.22
$4.84

Balance Sheet & Financial Strength

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

Metric
RYI
RYI
TLN
TLN
Cash + ST InvestmentsLiquidity on hand
$26.9M
$689.0M
Total DebtLower is stronger
$6.8B
Stockholders' EquityBook value
$753.1M
$1.1B
Total Assets
$2.4B
$10.9B
Debt / EquityLower = less leverage
6.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RYI
RYI
TLN
TLN
Q4 25
$26.9M
$689.0M
Q3 25
$29.8M
$497.0M
Q2 25
$30.8M
$122.0M
Q1 25
$33.6M
$295.0M
Q4 24
$27.7M
$328.0M
Q3 24
$35.0M
$648.0M
Q2 24
$28.0M
$632.0M
Q1 24
$41.9M
Total Debt
RYI
RYI
TLN
TLN
Q4 25
$6.8B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
Stockholders' Equity
RYI
RYI
TLN
TLN
Q4 25
$753.1M
$1.1B
Q3 25
$787.3M
$1.5B
Q2 25
$811.5M
$1.2B
Q1 25
$803.9M
$1.2B
Q4 24
$815.3M
$1.4B
Q3 24
$832.9M
$2.4B
Q2 24
$877.9M
$2.5B
Q1 24
$888.5M
$2.8B
Total Assets
RYI
RYI
TLN
TLN
Q4 25
$2.4B
$10.9B
Q3 25
$2.5B
$6.1B
Q2 25
$2.5B
$5.8B
Q1 25
$2.5B
$5.9B
Q4 24
$2.4B
$6.1B
Q3 24
$2.5B
$6.8B
Q2 24
$2.6B
$7.1B
Q1 24
$2.7B
Debt / Equity
RYI
RYI
TLN
TLN
Q4 25
6.23×
Q3 25
2.03×
Q2 25
2.40×
Q1 25
2.54×
Q4 24
2.17×
Q3 24
1.10×
Q2 24
1.05×
Q1 24

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
TLN
TLN
Operating Cash FlowLast quarter
$112.7M
$280.0M
Free Cash FlowOCF − Capex
$91.9M
$254.0M
FCF MarginFCF / Revenue
8.3%
33.5%
Capex IntensityCapex / Revenue
1.9%
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$35.5M
$606.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RYI
RYI
TLN
TLN
Q4 25
$112.7M
$280.0M
Q3 25
$-8.3M
$489.0M
Q2 25
$23.8M
$-184.0M
Q1 25
$-41.2M
$119.0M
Q4 24
$92.2M
Q3 24
$134.6M
$96.0M
Q2 24
$25.9M
$-23.0M
Q1 24
$-47.8M
$173.0M
Free Cash Flow
RYI
RYI
TLN
TLN
Q4 25
$91.9M
$254.0M
Q3 25
$-21.1M
$468.0M
Q2 25
$13.9M
$-217.0M
Q1 25
$-49.2M
$101.0M
Q4 24
$68.7M
Q3 24
$103.0M
$83.0M
Q2 24
$3.2M
$-43.0M
Q1 24
$-69.6M
$148.0M
FCF Margin
RYI
RYI
TLN
TLN
Q4 25
8.3%
33.5%
Q3 25
-1.8%
67.1%
Q2 25
1.2%
-53.1%
Q1 25
-4.3%
15.4%
Q4 24
6.8%
Q3 24
9.1%
18.1%
Q2 24
0.3%
-12.4%
Q1 24
-5.6%
35.6%
Capex Intensity
RYI
RYI
TLN
TLN
Q4 25
1.9%
3.4%
Q3 25
1.1%
3.0%
Q2 25
0.8%
8.1%
Q1 25
0.7%
2.8%
Q4 24
2.3%
Q3 24
2.8%
2.8%
Q2 24
1.9%
5.8%
Q1 24
1.8%
6.0%
Cash Conversion
RYI
RYI
TLN
TLN
Q4 25
Q3 25
2.36×
Q2 25
12.53×
-2.56×
Q1 25
Q4 24
Q3 24
0.57×
Q2 24
2.62×
-0.05×
Q1 24
0.59×

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%

TLN
TLN

Electricity Sales And Ancillary Services$555.0M73%
Operating Revenue Capacity$182.0M24%
Physical Electricity Sales Bilateral Contracts Other$21.0M3%

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