Market Summary
USD265.33-3.10
Market Closed-1.15%
RS Stock Price
RS RSI Chart
RS Valuation
RS Price/Sales (Trailing)
RS Profitability
RS Fundamentals
RS Revenue
RS Earnings
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
RS Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for RS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold RS recently?
View All Details| Datesorted ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Reliance Steel & Aluminum
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SCCO | 60.2B | 10.1B | -0.89% | 66.15% | 21.57 | 5.98 | -4.76% | -4.71% |
FCX | 55.5B | 21.9B | -0.10% | 30.86% | 16.73 | 2.53 | -9.80% | -44.93% |
NUE | 38.9B | 37.5B | -7.32% | 36.88% | 7.01 | 1.04 | -12.82% | -38.59% |
NEM | 32.6B | 11.2B | 7.06% | -4.32% | -42.95 | 2.91 | -9.46% | -195.71% |
STLD | 16.7B | 20.5B | -3.48% | 32.17% | 5.53 | 0.82 | -7.79% | -31.70% |
RS | 15.5B | 15.7B | -4.21% | 48.51% | 10.24 | 0.99 | -7.64% | -20.92% |
| MID-CAP | ||||||||
RGLD | 7.6B | 608.8M | 7.21% | 24.63% | 33.01 | 12.44 | -6.58% | -16.60% |
AA | 6.5B | 10.9B | 2.76% | -32.21% | -9.33 | 0.55 | -18.81% | -240.88% |
ARNC | 3.0B | 8.1B | 0.87% | 9.69% | -14.85 | 0.34 | -7.14% | -289.55% |
MTRN | 2.1B | 1.7B | -1.71% | 29.85% | 21.46 | 1.24 | 1.44% | 30.98% |
X | - | 19.0B | -1.60% | 55.93% | - | - | -17.70% | -72.82% |
| SMALL-CAP | ||||||||
RYI | 1.3B | 5.6B | -2.60% | 9.37% | 4.82 | 0.22 | -15.46% | -77.51% |
SCHN | 925.5M | 3.1B | -7.37% | 1.17% | 89.19 | 0.3 | -42.83% | -94.84% |
MSB | 261.4M | - | 3.97% | -9.91% | 38.56 | 33.89 | -89.17% | -83.93% |
ZEUS | 589.0M | 2.3B | 0.91% | 96.64% | 14.4 | 0.26 | -14.89% | -71.66% |
Reliance Steel & Aluminum News
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) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -4.9% | 15,704 | 16,505 | 17,025 | 17,403 | 17,003 | 15,741 | 14,093 | 12,239 | 10,477 | 9,077 | 8,812 | 9,126 | 9,726 | 10,590 | 10,974 | 11,340 | 11,629 | 11,734 | 11,703 | 11,120 | 10,421 |
| Costs and Expenses | -3.7% | 13,675 | 14,200 | 14,518 | 14,788 | 14,389 | 13,454 | 12,144 | 10,669 | 9,294 | 8,237 | 8,246 | 8,518 | 9,038 | 9,754 | 9,960 | 10,402 | 10,717 | 10,762 | 10,597 | 10,167 | 9,698 |
| S&GA Expenses | 0.1% | 2,546 | 2,544 | 2,504 | 2,509 | 2,485 | 2,400 | 2,307 | 2,152 | 1,995 | 1,870 | 1,874 | 1,924 | 1,993 | 2,086 | 2,095 | 2,088 | 2,100 | 2,105 | 2,092 | 2,067 | 2,006 |
| EBITDA | -100.0% | - | 2,542 | 2,733 | 2,831 | 2,836 | 2,516 | 2,176 | 1,793 | 1,387 | 1,043 | 768 | 812 | 907 | 1,057 | 1,234 | - | - | - | - | - | - |
| 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% | 52.00 | 58.00 | 62.00 | 63.00 | 63.00 | 63.00 | 63.00 | 63.00 | 63.00 | 62.00 | 63.00 | 64.00 | 69.00 | 78.00 | 85.00 | 92.00 | 94.00 | 91.00 | 86.00 | 82.00 | 79.00 |
| Earnings Before Taxes | -11.2% | 1,990 | 2,242 | 2,430 | 2,531 | 2,540 | 2,221 | 1,883 | 1,502 | 1,096 | 754 | 478 | 522 | 613 | 757 | 929 | 844 | 820 | 881 | 851 | 847 | 795 |
| 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% | 1,516 | 1,704 | 1,844 | 1,915 | 1,918 | 1,674 | 1,417 | 1,126 | 827 | 578 | 372 | 408 | 474 | 577 | 706 | 627 | 614 | 662 | 642 | 858 | 807 |
| 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% | - | 1,721 | 1,777 | 1,396 | 943 | 782 | 563 | 420 | 591 | 1,004 | 1,001 | 1,096 | 1,270 | 1,110 | 1,059 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 2.3% | 10,440 | 10,203 | 10,330 | 10,202 | 10,403 | 10,114 | 9,536 | 9,252 | 8,930 | 8,549 | 8,107 | 7,999 | 7,724 | 8,086 | 8,131 | 8,131 | 8,327 | 8,504 | 8,045 | 8,373 | 8,353 |
| Current Assets | 3.1% | 4,858 | 4,712 | 4,887 | 4,811 | 5,024 | 4,744 | 4,160 | 4,284 | 3,945 | 3,585 | 3,113 | 3,032 | 2,727 | 3,086 | 3,010 | 3,165 | 3,366 | 3,561 | 3,285 | 3,693 | 3,648 |
| Cash Equivalents | 0.0% | 816 | 816 | 1,173 | 644 | 505 | 548 | 301 | 638 | 728 | 760 | 684 | 592 | 223 | 172 | 174 | 166 | 142 | 134 | 128 | 112 | 124 |
| Inventory | 11.1% | 2,202 | 1,981 | 1,995 | 2,176 | 2,352 | 2,010 | 2,065 | 1,878 | 1,645 | 1,477 | 1,420 | 1,423 | 1,493 | 1,630 | 1,646 | 1,670 | 1,787 | 1,937 | 1,817 | 2,084 | 2,062 |
| Net PPE | 4.5% | 2,116 | 2,025 | 1,975 | 1,930 | 1,888 | 1,852 | 1,837 | 1,803 | 1,797 | 1,770 | 1,792 | 1,799 | 1,809 | 1,792 | 1,795 | 1,776 | 1,763 | 1,739 | 1,730 | 1,681 | 1,666 |
| Goodwill | 0.2% | 2,110 | 2,106 | 2,106 | 2,104 | 2,109 | 2,113 | 2,108 | 1,935 | 1,936 | 1,936 | 1,935 | 1,925 | 1,924 | 1,999 | 2,004 | 1,873 | 1,874 | 1,872 | 1,871 | 1,853 | 1,849 |
| Current Liabilities | -3.9% | 938 | 975 | 1,375 | 1,479 | 1,666 | 1,198 | 1,065 | 1,007 | 905 | 824 | 613 | 602 | 642 | 736 | 675 | 789 | 761 | 877 | 699 | 840 | 899 |
| LT Debt, Non Current | 0.1% | 1,141 | 1,140 | 1,139 | 1,139 | 1,138 | 1,643 | 1,642 | 1,641 | 1,641 | 1,640 | 1,639 | 1,638 | 1,427 | 1,772 | 1,524 | 1,578 | 1,945 | 2,122 | 2,139 | 1,981 | 1,933 |
| Shareholder's Equity | 3.6% | 7,616 | 7,354 | 7,087 | 6,847 | 6,863 | 6,539 | 6,094 | 5,868 | 5,639 | 5,349 | 5,123 | 5,047 | 4,962 | 4,899 | 5,214 | 5,082 | 4,950 | 4,839 | 4,680 | 5,030 | 4,981 |
| Retained Earnings | 3.6% | 7,702 | 7,432 | 7,174 | 6,961 | 6,943 | 6,600 | 6,155 | 5,944 | 5,701 | 5,415 | 5,193 | 5,126 | 5,069 | 5,029 | 5,190 | 5,062 | 4,936 | 4,790 | 4,638 | 4,583 | 4,471 |
| Accumulated Depreciation | 1.9% | 2,168 | 2,127 | 2,094 | 2,054 | 2,017 | 1,981 | 1,950 | 1,928 | 1,897 | 1,857 | 1,816 | 1,778 | 1,738 | 1,722 | 1,684 | 1,650 | 1,613 | 1,579 | 1,543 | 1,517 | 1,484 |
| Shares Outstanding | -0.5% | 59.00 | 59.00 | 59.00 | 59.00 | 62.00 | 62.00 | 62.00 | 63.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 66.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 72.00 | 72.00 |
| Minority Interest | 13.8% | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 7.00 | 8.00 | 8.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.00 | 35.00 | 35.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 1.2% | 2,124 | 2,099 | 2,119 | 1,704 | 1,210 | 1,042 | 799 | 636 | 790 | 1,164 | 1,173 | 1,290 | 1,485 | 1,355 | 1,302 | 1,385 | 1,031 | 769 | 665 | 434 | 481 |
| Share Based Compensation | 0.1% | 67.00 | 67.00 | 65.00 | 64.00 | 63.00 | 68.00 | 71.00 | 67.00 | 62.00 | 48.00 | 42.00 | 44.00 | 47.00 | 52.00 | 51.00 | 49.00 | 48.00 | 47.00 | 46.00 | 44.00 | 38.00 |
| 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 Financing | 5.8% | -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% | 532 | 652 | 630 | 716 | 511 | 341 | 324 | 256 | 82.00 | - | 337 | 300 | 300 | 350 | 50.00 | 540 | 647 | - | 485 | 173 | 100 |
RS Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 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) | 2,657.6 | 3,185.8 | 5,396.9 | 6,284.5 |
| Warehouse, delivery, selling, general and administrative ("SG&A") | 650.6 | 648.6 | 1,301.9 | 1,260.5 |
| Depreciation and amortization | 60.8 | 59.3 | 121.9 | 118.4 |
| Total costs and expenses | 3,369.0 | 3,893.7 | 6,820.7 | 7,663.4 |
| Operating income | 511.3 | 787.5 | 1,024.9 | 1,503.6 |
| Other (income) expense: | ||||
| Interest expense | 9.7 | 15.6 | 20.6 | 31.2 |
| Other (income) expense, net | (9.3) | 9.3 | (15.1) | 12.6 |
| Income before income taxes | 510.9 | 762.6 | 1,019.4 | 1,459.8 |
| Income tax provision | 124.6 | 188.7 | 248.7 | 361.3 |
| Net income | 386.3 | 573.9 | 770.7 | 1,098.5 |
| Less: net income attributable to noncontrolling interests | 1.2 | 1.1 | 2.5 | 2.4 |
| 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) | 58,688 | 61,657 | 58,760 | 61,744 |
| Diluted (in shares) | 59,346 | 62,594 | 59,440 | 62,688 |
RS Balance Sheet
2023-06-30CONSOLIDATED 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, 2022 | 1,729.9 | 1,565.7 |
| Inventories | 2,202.3 | 1,995.3 |
| Prepaid expenses and other current assets | 109.8 | 115.6 |
| Income taxes receivable | 36.6 | |
| Total current assets | 4,858.3 | 4,886.6 |
| Property, plant and equipment: | ||
| Land | 270.0 | 262.7 |
| Buildings | 1,434.9 | 1,359.3 |
| Machinery and equipment | 2,578.9 | 2,446.9 |
| Accumulated depreciation | (2,167.7) | (2,094.3) |
| Property, plant and equipment, net | 2,116.1 | 1,974.6 |
| Operating lease right-of-use assets | 222.9 | 216.4 |
| Goodwill | 2,109.8 | 2,105.9 |
| Intangible assets, net | 1,002.8 | 1,019.6 |
| Cash surrender value of life insurance policies, net | 33.2 | 42.0 |
| Other assets | 97.3 | 84.8 |
| Total assets | 10,440.4 | 10,329.9 |
| Current liabilities: | ||
| Accounts payable | 499.8 | 412.4 |
| Accrued expenses | 134.6 | 118.8 |
| Accrued compensation and retirement benefits | 181.8 | 240.0 |
| Accrued insurance costs | 45.5 | 43.4 |
| Current maturities of long-term debt and short-term borrowings | 0.3 | 508.2 |
| Current maturities of operating lease liabilities | 54.6 | 52.5 |
| Income taxes payable | 21.2 | |
| Total current liabilities | 937.8 | 1,375.3 |
| Long-term debt | 1,140.9 | 1,139.4 |
| Operating lease liabilities | 170.0 | 165.2 |
| Long-term retirement benefits | 30.6 | 26.1 |
| Other long-term liabilities | 59.3 | 51.4 |
| Deferred income taxes | 476.3 | 476.6 |
| 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, 2022 | 0.1 | 0.1 |
| Retained earnings | 7,702.1 | 7,173.6 |
| Accumulated other comprehensive loss | (86.6) | (86.3) |
| Total Reliance stockholders' equity | 7,615.6 | 7,087.4 |
| Noncontrolling interests | 9.9 | 8.5 |
| Total equity | 7,625.5 | 7,095.9 |
| Total liabilities and equity | $ 10,440.4 | $ 10,329.9 |
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.