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Reliance Steel & Aluminum Co Stock Research

RS

245.96USD+3.95(+1.63%)Delayed

Market Summary

USD245.96+3.95
Delayed
1.63%

RS Alerts

RS Stock Price

RS RSI Chart

RS Valuation

Market Cap

14.5B

Price/Earnings (Trailing)

7.84

Price/Sales (Trailing)

0.85

EV/EBITDA

4.86

Price/Free Cashflow

8.14

RS Price/Sales (Trailing)

RS Profitability

EBT Margin

14.28%

Return on Equity

26.02%

Return on Assets

17.85%

Free Cashflow Yield

12.29%

RS Fundamentals

RS Revenue

Revenue (TTM)

17.0B

Revenue Y/Y

-9.47%

Revenue Q/Q

-14.98%

RS Earnings

Earnings (TTM)

1.8B

Earnings Y/Y

-16.81%

Earnings Q/Q

-10.93%

Price Action

52 Week Range

158.88264.42
(Low)(High)

Last 7 days

-6.4%

Last 30 days

4.8%

Last 90 days

20.9%

Trailing 12 Months

29.1%

RS Financial Health

Current Ratio

3.55

RS Investor Care

Dividend Yield

1.42%

Dividend/Share (TTM)

3.5

Buy Backs (1Y)

4.88%

Diluted EPS (TTM)

29.92

Peers (Alternatives to Reliance Steel & Aluminum)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
SCCO
53.0B
10.0B
 -7.68% 4.39%
20
5.27
 -8.10% -22.37%
FCX
51.7B
22.8B
 -15.67% -18.67%
11.53
2.27
 -0.28% -16.51%
NUE
37.7B
41.5B
 -13.60% 7.71%
4.95
0.91
 13.78% 11.42%
NEM
36.3B
11.9B
 -4.53% -36.64%
-84.62
3.05
 -2.51% -136.79%
STLD
18.4B
22.3B
 -17.78% 40.45%
4.74
0.83
 20.92% 19.49%
RS
14.5B
17.0B
 4.78% 29.08%
7.84
0.85
 20.80% 30.11%
MID-CAP
RGLD
7.9B
603.2M
 -2.80% -10.95%
32.95
13.06
 -7.71% -12.79%
AA
7.2B
12.5B
 -17.06% -45.71%
-58.62
0.58
 2.46% -128.67%
X
4.9B
21.1B
 -13.46% -23.24%
1.42
0.22
 3.90% -39.53%
ARNC
2.7B
9.0B
 15.20% 14.95%
-14.66
0.3
 19.42% 54.16%
MTRN
2.2B
1.8B
 19.41% 23.81%
25.44
1.25
 16.32% 18.65%
SMALL-CAP
RYI
1.3B
6.3B
 -13.60% 2.15%
3.26
0.2
 11.42% 32.86%
SCHN
808.1M
3.3B
 -11.72% -39.59%
7.71
0.25
 -33.97% -46.85%
ZEUS
534.7M
2.6B
 0.04% 59.82%
5.88
0.21
 10.71% -24.88%
MSB
323.7M
-
 6.33% -5.47%
12.56
6.98
 -17.81% -57.98%

Financials for Reliance Steel & Aluminum

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-2.2%17,02517,40317,00315,74114,093
  S&GA Expenses-0.2%2,5042,5092,4852,4002,307
Costs and Expenses-1.8%14,51814,78814,38913,45412,144
EBITDA-3.5%2,7332,8312,8362,516-
EBITDA Margin-1.3%0.16*0.16*0.17*0.16*-
Earnings Before Taxes-4.0%2,4302,5312,5402,2211,883
EBT Margin-1.9%0.14*0.15*0.15*0.14*-
Interest Expenses-0.3%62.0063.0063.0063.0063.00
Net Income-3.7%1,8441,9151,9181,6741,417
Net Income Margin-1.6%0.11*0.11*0.11*0.11*-
Free Cahsflow27.3%1,7771,396943782-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.3%10,33010,20210,40310,1149,536
  Current Assets1.6%4,8874,8115,0244,7444,160
    Cash Equivalents82.3%1,173644505548301
  Inventory-8.3%1,9952,1762,3522,0102,065
  Net PPE2.3%1,9751,9301,8881,8521,837
  Goodwill0.1%2,1062,1042,1092,1132,108
  Current Liabilities-7.0%1,3751,4791,6661,1981,065
    LT Debt, Non Current0.1%1,1391,1391,1381,6431,642
Shareholder's Equity3.5%7,0876,8476,8636,5396,087
  Retained Earnings3.1%7,1746,9616,9436,6006,155
Accumulated Depreciation2.0%2,0942,0542,0171,9811,950
Shares Outstanding-0.4%59.0059.0061.0062.0062.00
Minority Interest-3.4%9.009.009.007.007.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations24.4%2,1191,7041,2101,042799
  Share Based Compensation1.9%65.0064.0063.0068.0071.00
Cashflow From Investing53.4%-348-748-703-687-652
Cashflow From Financing4.9%-892-938-723-564-528
  Buy Backs-12.0%630716511341324

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

Returns for RS

Cumulative Returns on RS

15.8%

10-Year Cumulative Returns

22.5%

7-Year Cumulative Returns

24.1%

5-Year Cumulative Returns

41.6%

3-Year Cumulative Returns

What are the long-term rolling returns for RS?

FIve years rolling returns for Reliance Steel & Aluminum.

Annualized Returns

Which funds bought or sold RS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-10.48
10,110,700
269,069,000
 0.29%
2023-03-07
Nordwand Advisors, LLC
new
-
11,306,100
11,306,100
 1.41%
2023-03-06
Rockefeller Capital Management L.P.
added
0.4
15,000
102,000
 -%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
454
4,454
 -%
2023-02-28
Voya Investment Management LLC
added
4.32
3,838,510
22,045,500
 0.03%
2023-02-24
Athena Investment Management
reduced
-2.08
66,961
560,961
 0.41%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
272,000
1,970,000
 0.02%
2023-02-21
MACQUARIE GROUP LTD
reduced
-25.37
-4,098,000
25,513,000
 0.03%
2023-02-21
Empowered Funds, LLC
reduced
-3.36
476,304
4,389,300
 0.29%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
459
307,583
363,583
 -%

1–10 of 48

Latest Funds Activity

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

RS Alerts

Reliance Steel & Aluminum News

InvestorsObserver

Where Does Reliance Steel & Aluminum Co (RS) Stock Fall in the Steel Field?.

InvestorsObserver,
6 hours ago

InvestorsObserver

Can Reliance Steel & Aluminum Co (RS) Stock Rise to the Top of Basic Materials Sector Friday?.

InvestorsObserver,
9 days ago

Yahoo Finance

Is Reliance Steel & Aluminum Co. (RS) Stock Outpacing Its Industrial Products Peers This Year?.

Yahoo Finance,
14 days ago

MarketBeat

RS Stock Forecast, Price & News (Reliance Steel & Aluminum).

MarketBeat,
6 years ago

TheStreet

Reliance Steel & Aluminum Co. (DE) (RS) Stock Price, News ....

TheStreet,
6 years ago

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

RS Fair Value

Reliance Steel & Aluminum fair value in different scenarios

The table shows the Fair Value estimates for Reliance Steel & Aluminum for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

350.44

42.48%

520.28

111.53%

757.16

207.84%

1149.25

367.25%

1558.85

533.78%
Current Inflation

322.48

31.11%

468.41

90.44%

668.46

171.78%

997.81

305.68%

1339.88

444.76%
Very High Inflation

287.78

17.00%

405.95

65.05%

564.22

129.40%

823.11

234.65%

1089.92

343.13%

Historical Reliance Steel & Aluminum Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Reliance Steel & Aluminum

View All Filings
Date Filed Form Type Document
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Feb 28, 2023
10-K
Annual Report

Latest Insider Trading transactions for RS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-03
Mollins Sean Michael
sold
-1,253,380
263
-4,750
sr. vp, operations
2023-03-01
Mollins Sean Michael
acquired
-
-
1,129
sr. vp, operations
2023-03-01
Ajemyan Arthur
acquired
-
-
1,129
svp, cfo
2023-03-01
Lewis Karla R
acquired
-
-
5,809
president, ceo
2023-03-01
Hynes Michael R
acquired
-
-
1,129
sr. vp, operations
2023-03-01
Durham Jeffrey Wayne
acquired
-
-
1,129
sr. vp, operations
2023-03-01
Koch Stephen Paul
acquired
-
-
3,066
exec. vp, coo
2023-03-01
Smith William A II
acquired
-
-
1,129
svp, general counsel, corp sec
2023-02-27
Ajemyan Arthur
gifted
-
-
-21.00
svp, cfo
2023-02-27
Ajemyan Arthur
sold
-404,326
246
-1,640
svp, cfo

1–10 of 50

About Reliance Steel & Aluminum

James D. Hoffman
www.rsac.com
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.

RS Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF INCOME   
Net sales$ 17,025.0$ 14,093.3$ 8,811.9
Costs and expenses:   
Cost of sales (exclusive of depreciation and amortization shown below)11,773.79,603.06,036.8
Warehouse, delivery, selling, general and administrative2,504.22,306.51,874.0
Depreciation and amortization240.2230.2227.3
Impairment of long-lived assets 4.7108.0
Total costs and expenses14,518.112,144.48,246.1
Operating income2,506.91,948.9565.8
Other expense:   
Interest expense62.362.762.9
Other expense, net14.23.124.7
Income before income taxes2,430.41,883.1478.2
Income tax provision586.2465.7105.8
Net income1,844.21,417.4372.4
Less: net income attributable to noncontrolling interests4.14.43.3
Net income attributable to Reliance$ 1,840.1$ 1,413.0$ 369.1
Earnings per share attributable to Reliance stockholders:   
Basic (in dollars per share)$ 30.39$ 22.35$ 5.74
Diluted (in dollars per share)$ 29.92$ 21.97$ 5.66
Shares used in computing earnings per share:   
Basic (in shares)60,55963,21764,328
Diluted (in shares)61,49564,32765,263
Cash dividends per share (in dollars per share)$ 3.50$ 2.75$ 2.50

RS Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,173.4$ 300.5
Accounts receivable, less allowance for credit losses of $26.1 at December 31, 2022 and $26.7 at December 31, 20211,565.71,683.0
Inventories1,995.32,065.0
Prepaid expenses and other current assets115.6111.6
Income taxes receivable36.6 
Total current assets4,886.64,160.1
Property, plant and equipment:  
Land262.7260.1
Buildings1,359.31,285.0
Machinery and equipment2,446.92,241.4
Accumulated depreciation(2,094.3)(1,949.7)
Property, plant and equipment, net1,974.61,836.8
Operating lease right-of-use assets216.4224.6
Goodwill2,105.92,107.6
Intangible assets, net1,019.61,077.7
Cash surrender value of life insurance policies, net42.044.9
Other assets84.884.3
Total assets10,329.99,536.0
Current liabilities:  
Accounts payable412.4453.9
Accrued expenses118.8148.2
Accrued compensation and retirement benefits240.0294.0
Accrued insurance costs43.441.0
Current maturities of long-term debt and short-term borrowings508.25.0
Current maturities of operating lease liabilities52.558.6
Income taxes payable 64.3
Total current liabilities1,375.31,065.0
Long-term debt1,139.41,642.0
Operating lease liabilities165.2162.5
Long-term retirement benefits26.137.8
Other long-term liabilities51.450.2
Deferred income taxes476.6484.8
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, $0.001 par value and 200,000 shares authorized, Issued and outstanding shares-58,787 at December 31, 2022 and 61,806 at December 31, 20210.10.1
Retained earnings7,173.66,155.3
Accumulated other comprehensive loss(86.3)(68.9)
Total Reliance stockholders' equity7,087.46,086.5
Noncontrolling interests8.57.2
Total equity7,095.96,093.7
Total liabilities and equity$ 10,329.9$ 9,536.0