Last 7 days
0.9%
Last 30 days
-4.2%
Last 90 days
3.8%
Trailing 12 Months
48.5%
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 | - |
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% |
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 |
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 |
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% |
15.8%
23.1%
27.4%
37.4%
32.3%
18.5%
0%
Y-axis is the maximum loss one would have experienced if Reliance Steel & Aluminum was unfortunately bought at previous high price.
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) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
CONSOLIDATED 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 |
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, 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 |