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Reliance Steel & Aluminum Co Stock Research

RS

265.33USD-3.10(-1.15%)Market Closed
Watchlist

Market Summary

USD265.33-3.10
Market Closed
-1.15%

RS Alerts

  • 4 major insider sales recently.
  • Big fall in Revenue (Y/Y)

RS Stock Price

RS RSI Chart

RS Valuation

Market Cap

15.5B

Price/Earnings (Trailing)

10.24

Price/Sales (Trailing)

0.99

EV/EBITDA

6.44

Price/Free Cashflow

9.12

RS Price/Sales (Trailing)

RS Profitability

EBT Margin

13.58%

Return on Equity

23.2%

Return on Assets

16.7%

Free Cashflow Yield

10.97%

RS Fundamentals

RS Revenue

Revenue (TTM)

15.7B

Revenue Y/Y

-17.11%

Revenue Q/Q

-2.14%

RS Earnings

Earnings (TTM)

1.5B

Earnings Y/Y

-32.69%

Earnings Q/Q

0.49%

Price Action

52 Week Range

167.52295.98
(Low)(High)

Last 7 days

0.9%

Last 30 days

-4.2%

Last 90 days

3.8%

Trailing 12 Months

48.5%

RS Financial Health

Current Ratio

4.83

RS Investor Care

Dividend Yield

1.41%

Dividend/Share (TTM)

3.75

Buy Backs (1Y)

5.06%

Diluted EPS (TTM)

25.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for RS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Lewis Karla R
sold
-6,298,030
286
-22,000
president, ceo
2023-08-31
Lewis Karla R
sold
-2,841,470
284
-10,000
president, ceo
2023-08-30
HOFFMAN JAMES DONALD
sold
-2,879,180
287
-10,000
-
2023-08-29
HOFFMAN JAMES DONALD
sold
-2,857,600
285
-10,000
-
2023-08-21
Durham Jeffrey Wayne
sold
-1,791,040
275
-6,503
sr. vp, operations
2023-08-18
KAMINSKI MARK V
sold
-1,388,270
277
-5,000
-
2023-08-18
KAMINSKI MARK V
sold
-1,388,400
277
-5,000
-
2023-07-31
Smith William A II
sold
-1,756,250
292
-6,000
svp, general counsel, corp sec
2023-05-30
HOFFMAN JAMES DONALD
sold
-2,351,560
235
-10,000
-
2023-05-17
Baldwin Lisa
acquired
-
-
615
-

1–10 of 50

Which funds bought or sold RS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
1,515
27,702
0.01%
2023-09-01
Portside Wealth Group, LLC
new
-
243,888
243,888
0.04%
2023-08-24
Alberta Investment Management Corp
unchanged
-
13,365
244,431
-%
2023-08-23
Rehmann Capital Advisory Group
reduced
-2.22
12,714
383,410
0.03%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
76.4
15,366,200
33,109,800
0.32%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
272
272
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.2
415,000
2,913,000
0.03%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-1.04
123,290
2,742,360
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
7.02
3,154,830
27,032,200
0.04%
2023-08-21
BOKF, NA
added
2.88
200,723
2,473,640
0.05%

1–10 of 47

Latest Funds Activity

Are funds buying RS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RS
No. of Funds

Schedule 13G FIlings of Reliance Steel & Aluminum

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
blackrock inc.
10.6%
6,207,731
SC 13G/A
Feb 09, 2023
vanguard group inc
12.50%
7,338,694
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
5,638,056
SC 13G/A
Apr 08, 2022
blackrock inc.
10.3%
6,370,754
SC 13G/A
Feb 10, 2022
vanguard group inc
11.90%
7,456,057
SC 13G/A
Feb 01, 2022
blackrock inc.
9.5%
5,980,812
SC 13G/A
Apr 12, 2021
blackrock inc.
10.2%
6,494,396
SC 13G/A
Feb 10, 2021
vanguard group inc
10.35%
6,600,183
SC 13G/A
Feb 01, 2021
blackrock inc.
8.9%
5,683,361
SC 13G/A
Feb 12, 2020
vanguard group inc
10.82%
7,215,647
SC 13G/A

Recent SEC filings of Reliance Steel & Aluminum

View All Filings
Date Filed Form Type Document
Sep 01, 2023
4
Insider Trading
Aug 31, 2023
4
Insider Trading
Aug 31, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 29, 2023
144
Notice of Insider Sale Intent
Aug 22, 2023
4
Insider Trading
Aug 22, 2023
4
Insider Trading
Aug 21, 2023
144
Notice of Insider Sale Intent
Aug 18, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
10-Q
Quarterly Report

Peers (Alternatives to Reliance Steel & Aluminum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.2B
10.1B
-0.89% 66.15%
21.57
5.98
-4.76% -4.71%
55.5B
21.9B
-0.10% 30.86%
16.73
2.53
-9.80% -44.93%
38.9B
37.5B
-7.32% 36.88%
7.01
1.04
-12.82% -38.59%
32.6B
11.2B
7.06% -4.32%
-42.95
2.91
-9.46% -195.71%
16.7B
20.5B
-3.48% 32.17%
5.53
0.82
-7.79% -31.70%
15.5B
15.7B
-4.21% 48.51%
10.24
0.99
-7.64% -20.92%
MID-CAP
7.6B
608.8M
7.21% 24.63%
33.01
12.44
-6.58% -16.60%
6.5B
10.9B
2.76% -32.21%
-9.33
0.55
-18.81% -240.88%
3.0B
8.1B
0.87% 9.69%
-14.85
0.34
-7.14% -289.55%
2.1B
1.7B
-1.71% 29.85%
21.46
1.24
1.44% 30.98%
-
19.0B
-1.60% 55.93%
-
-
-17.70% -72.82%
SMALL-CAP
1.3B
5.6B
-2.60% 9.37%
4.82
0.22
-15.46% -77.51%
925.5M
3.1B
-7.37% 1.17%
89.19
0.3
-42.83% -94.84%
261.4M
-
3.97% -9.91%
38.56
33.89
-89.17% -83.93%
589.0M
2.3B
0.91% 96.64%
14.4
0.26
-14.89% -71.66%

Reliance Steel & Aluminum News

Zacks Investment Research
Why You Should Retain Reliance Steel (RS) Stock in Your Portfolio.
Zacks Investment Research,
28 days ago

Returns for RS

Cumulative Returns on RS

15.8%


10-Year Cumulative Returns

23.1%


7-Year Cumulative Returns

27.4%


5-Year Cumulative Returns

37.4%


3-Year Cumulative Returns

Risks for RS

What is the probability of a big loss on RS?

32.3%


Probability that Reliance Steel & Aluminum stock will be more than 20% underwater in next one year

18.5%


Probability that Reliance Steel & Aluminum stock will be more than 30% underwater in next one year.

0%


Probability that Reliance Steel & Aluminum stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Reliance Steel & Aluminum was unfortunately bought at previous high price.

Drawdowns

Financials for Reliance Steel & Aluminum

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.9%15,70416,50517,02517,40317,00315,74114,09312,23910,4779,0778,8129,1269,72610,59010,97411,34011,62911,73411,70311,12010,421
Costs and Expenses-3.7%13,67514,20014,51814,78814,38913,45412,14410,6699,2948,2378,2468,5189,0389,7549,96010,40210,71710,76210,59710,1679,698
  S&GA Expenses0.1%2,5462,5442,5042,5092,4852,4002,3072,1521,9951,8701,8741,9241,9932,0862,0952,0882,1002,1052,0922,0672,006
EBITDA-100.0%-2,5422,7332,8312,8362,5162,1761,7931,3871,0437688129071,0571,234------
EBITDA Margin-100.0%-0.15*0.16*0.16*0.17*0.16*0.15*0.15*0.13*0.11*0.09*0.09*0.09*0.10*0.11*------
Interest Expenses-10.2%52.0058.0062.0063.0063.0063.0063.0063.0063.0062.0063.0064.0069.0078.0085.0092.0094.0091.0086.0082.0079.00
Earnings Before Taxes-11.2%1,9902,2422,4302,5312,5402,2211,8831,5021,096754478522613757929844820881851847795
EBT Margin-100.0%-0.14*0.14*0.15*0.15*0.14*0.13*0.12*0.10*0.08*0.05*0.06*0.06*0.07*0.08*------
Net Income-11.0%1,5161,7041,8441,9151,9181,6741,4171,126827578372408474577706627614662642858807
Net Income Margin-100.0%-0.10*0.11*0.11*0.11*0.11*0.10*0.09*0.08*0.06*0.04*0.04*0.05*0.05*0.06*------
Free Cashflow-100.0%-1,7211,7771,3969437825634205911,0041,0011,0961,2701,1101,059------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.3%10,44010,20310,33010,20210,40310,1149,5369,2528,9308,5498,1077,9997,7248,0868,1318,1318,3278,5048,0458,3738,353
  Current Assets3.1%4,8584,7124,8874,8115,0244,7444,1604,2843,9453,5853,1133,0322,7273,0863,0103,1653,3663,5613,2853,6933,648
    Cash Equivalents0.0%8168161,173644505548301638728760684592223172174166142134128112124
  Inventory11.1%2,2021,9811,9952,1762,3522,0102,0651,8781,6451,4771,4201,4231,4931,6301,6461,6701,7871,9371,8172,0842,062
  Net PPE4.5%2,1162,0251,9751,9301,8881,8521,8371,8031,7971,7701,7921,7991,8091,7921,7951,7761,7631,7391,7301,6811,666
  Goodwill0.2%2,1102,1062,1062,1042,1092,1132,1081,9351,9361,9361,9351,9251,9241,9992,0041,8731,8741,8721,8711,8531,849
  Current Liabilities-3.9%9389751,3751,4791,6661,1981,0651,007905824613602642736675789761877699840899
    LT Debt, Non Current0.1%1,1411,1401,1391,1391,1381,6431,6421,6411,6411,6401,6391,6381,4271,7721,5241,5781,9452,1222,1391,9811,933
Shareholder's Equity3.6%7,6167,3547,0876,8476,8636,5396,0945,8685,6395,3495,1235,0474,9624,8995,2145,0824,9504,8394,6805,0304,981
  Retained Earnings3.6%7,7027,4327,1746,9616,9436,6006,1555,9445,7015,4155,1935,1265,0695,0295,1905,0624,9364,7904,6384,5834,471
Accumulated Depreciation1.9%2,1682,1272,0942,0542,0171,9811,9501,9281,8971,8571,8161,7781,7381,7221,6841,6501,6131,5791,5431,5171,484
Shares Outstanding-0.5%59.0059.0059.0059.0062.0062.0062.0063.0064.0064.0064.0064.0064.0066.0067.0067.0067.0067.0067.0072.0072.00
Minority Interest13.8%10.009.009.009.009.007.007.007.007.006.007.008.008.007.008.008.009.009.008.0035.0035.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations1.2%2,1242,0992,1191,7041,2101,0427996367901,1641,1731,2901,4851,3551,3021,3851,031769665434481
  Share Based Compensation0.1%67.0067.0065.0064.0063.0068.0071.0067.0062.0048.0042.0044.0047.0052.0051.0049.0048.0047.0046.0044.0038.00
Cashflow From Investing-17.1%-454-387-348-748-703-687-652-208-190-161-188-374-397-425-419-263-269-252-281-268-241
Cashflow From Financing5.8%-1,356-1,439-892-938-723-564-528-389-111-432-483-496-1,001-882-840-1,058-741-524-403-223-263
  Buy Backs-18.4%53265263071651134132425682.00-33730030035050.00540647-485173100

RS Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME    
Net sales$ 3,880.3$ 4,681.2$ 7,845.6$ 9,167.0
Costs and expenses:    
Cost of sales (exclusive of depreciation and amortization shown below)2,657.63,185.85,396.96,284.5
Warehouse, delivery, selling, general and administrative ("SG&A")650.6648.61,301.91,260.5
Depreciation and amortization60.859.3121.9118.4
Total costs and expenses3,369.03,893.76,820.77,663.4
Operating income511.3787.51,024.91,503.6
Other (income) expense:    
Interest expense9.715.620.631.2
Other (income) expense, net(9.3)9.3(15.1)12.6
Income before income taxes510.9762.61,019.41,459.8
Income tax provision124.6188.7248.7361.3
Net income386.3573.9770.71,098.5
Less: net income attributable to noncontrolling interests1.21.12.52.4
Net income attributable to Reliance$ 385.1$ 572.8$ 768.2$ 1,096.1
Earnings per share attributable to Reliance stockholders:    
Basic (in dollars per share)$ 6.56$ 9.29$ 13.07$ 17.75
Diluted (in dollars per share)$ 6.49$ 9.15$ 12.92$ 17.49
Shares used in computing earnings per share:    
Basic (in shares)58,68861,65758,76061,744
Diluted (in shares)59,34662,59459,44062,688

RS Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 816.3$ 1,173.4
Accounts receivable, less allowance for credit losses of $28.7 at June 30, 2023 and $26.1 at December 31, 20221,729.91,565.7
Inventories2,202.31,995.3
Prepaid expenses and other current assets109.8115.6
Income taxes receivable 36.6
Total current assets4,858.34,886.6
Property, plant and equipment:  
Land270.0262.7
Buildings1,434.91,359.3
Machinery and equipment2,578.92,446.9
Accumulated depreciation(2,167.7)(2,094.3)
Property, plant and equipment, net2,116.11,974.6
Operating lease right-of-use assets222.9216.4
Goodwill2,109.82,105.9
Intangible assets, net1,002.81,019.6
Cash surrender value of life insurance policies, net33.242.0
Other assets97.384.8
Total assets10,440.410,329.9
Current liabilities:  
Accounts payable499.8412.4
Accrued expenses134.6118.8
Accrued compensation and retirement benefits181.8240.0
Accrued insurance costs45.543.4
Current maturities of long-term debt and short-term borrowings0.3508.2
Current maturities of operating lease liabilities54.652.5
Income taxes payable21.2 
Total current liabilities937.81,375.3
Long-term debt1,140.91,139.4
Operating lease liabilities170.0165.2
Long-term retirement benefits30.626.1
Other long-term liabilities59.351.4
Deferred income taxes476.3476.6
Commitments and contingencies
Equity:  
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized Issued and outstanding shares-58,536 at June 30, 2023 and 58,787 at December 31, 20220.10.1
Retained earnings7,702.17,173.6
Accumulated other comprehensive loss(86.6)(86.3)
Total Reliance stockholders' equity7,615.67,087.4
Noncontrolling interests9.98.5
Total equity7,625.57,095.9
Total liabilities and equity$ 10,440.4$ 10,329.9
James D. Hoffman
13700
Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is headquartered in Los Angeles, California.