RS - Reliance Steel & Aluminum Co Stock Price, Fair Value and News

313.19USD-0.75 (-0.24%)Market Closed

Market Summary

USD313.19-0.75

Market Closed

-0.24%

RS Stock Price

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RS RSI Chart

RS Valuation

Market Cap

18.0B

Price/Earnings (Trailing)

13.45

Price/Sales (Trailing)

1.22

EV/EBITDA

8.93

Price/Free Cashflow

14.99

RS Price/Sales (Trailing)

RS Profitability

EBT Margin

11.76%

Return on Equity

17.35%

Return on Assets

12.79%

Free Cashflow Yield

6.67%

RS Fundamentals

RS Revenue

Revenue (TTM)

14.8B

Rev. Growth (Yr)

-7.57%

Rev. Growth (Qtr)

-7.89%

RS Earnings

Earnings (TTM)

1.3B

Earnings Growth (Yr)

-22.17%

Earnings Growth (Qtr)

-7.64%

Breaking Down RS Revenue

Last 7 days

-2.8%

Last 30 days

-5.0%

Last 90 days

11.7%

Trailing 12 Months

25.6%

How does RS drawdown profile look like?

RS Financial Health

Current Ratio

5.66

Debt/Equity

0.15

Debt/Cashflow

1.46

RS Investor Care

Dividend Yield

1.27%

Dividend/Share (TTM)

Buy Backs (1Y)

2.63%

Diluted EPS (TTM)

22.64

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	16.5B	15.7B	15.1B	14.8B
2022	15.7B	17.0B	17.4B	17.0B
2021	9.1B	10.5B	12.2B	14.1B
2020	10.6B	9.7B	9.1B	8.8B
2019	11.7B	11.6B	11.3B	11.0B
2018	10.1B	10.6B	11.1B	11.5B
2017	8.9B	9.1B	9.4B	9.7B
2016	8.9B	8.7B	8.6B	8.6B
2015	10.5B	10.3B	9.9B	9.4B
2014	9.8B	9.9B	10.2B	10.5B
2013	8.2B	8.4B	8.8B	9.2B
2012	8.3B	8.4B	8.6B	8.4B
2011	6.8B	7.2B	7.7B	7.9B
2010	5.2B	5.6B	6.0B	6.3B
2009	0	7.6B	6.5B	5.3B
2008	0	0	0	8.7B

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Tracking the Latest Insider Buys and Sells of Reliance Steel & Aluminum Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 06, 2024	ajemyan arthur	sold	-968,850	322	-3,000	svp, cfo
Mar 05, 2024	smith william a ii	gifted	-	-	-100	svp, general counsel, corp sec
Mar 01, 2024	lewis karla r	acquired	-	-	5,125	president, ceo
Mar 01, 2024	mollins sean michael	acquired	-	-	1,068	sr. vp, operations
Mar 01, 2024	ajemyan arthur	acquired	-	-	1,139	svp, cfo
Mar 01, 2024	smith william a ii	acquired	-	-	1,495	svp, general counsel, corp sec
Mar 01, 2024	hynes michael r	acquired	-	-	1,495	sr. vp, operations
Mar 01, 2024	durham jeffrey wayne	acquired	-	-	1,495	sr. vp, operations
Mar 01, 2024	koch stephen paul	acquired	-	-	2,847	exec. vp, coo
Feb 27, 2024	hoffman james donald	sold	-12,917,900	322	-40,000	-

Which funds bought or sold RS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Alpha Cubed Investments, LLC	reduced	-0.2	1,377,230	8,532,280	0.45%
Apr 23, 2024	BSW Wealth Partners	added	5.65	92,006	443,682	0.07%
Apr 23, 2024	REGIONS FINANCIAL CORP	reduced	-6.28	27,211	254,311	-%
Apr 23, 2024	Global Retirement Partners, LLC	added	6.67	4,688	21,318	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.48	1,011,120	5,513,970	0.11%
Apr 23, 2024	RATIONAL ADVISORS LLC	reduced	-53.1	-41,677	53,135	-%
Apr 23, 2024	Venturi Wealth Management, LLC	reduced	-19.79	-69,256	1,591,220	0.10%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	1.38	1,927,680	11,048,300	0.18%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	386,403	2,377,650	0.20%
Apr 22, 2024	IFM Investors Pty Ltd	added	0.63	587,508	3,489,510	0.04%

Are Funds Buying or Selling RS?

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

Unveiling Reliance Steel & Aluminum Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.14%	6,975,859	SC 13G/A
Jan 24, 2024	blackrock inc.	10.9%	6,284,722	SC 13G/A
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

Recent SEC filings of Reliance Steel & Aluminum Co

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A
Mar 06, 2024	144	Notice of Insider Sale Intent
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Reliance Steel & Aluminum Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	84.8B	9.9B	5.10%	37.98%	34.83	8.57	-1.51%	-8.06%
FCX	68.8B	22.9B	6.39%	21.38%	18.35	3.01	0.33%	-16.25%
NEM	43.5B	11.8B	11.67%	-21.47%	-17.43	3.68	-0.86%	-481.35%
NUE	42.0B	34.7B	-10.23%	12.58%	9.29	1.21	-16.38%	-40.52%
RS	18.0B	14.8B	-4.98%	25.64%	13.45	1.22	-13.03%	-27.33%
CLF	9.2B	22.0B	-12.75%	14.44%	20.54	0.42	-4.32%	-67.30%
MID-CAP
AA	6.5B	10.6B	14.78%	-5.26%	-9.8	0.61	-15.26%	-3472.97%
CMC	6.3B	8.4B	-5.93%	13.09%	9.26	0.75	-8.32%	-10.17%
HL	3.3B	720.2M	23.88%	-14.84%	-38.89	4.55	0.18%	-125.49%
MTRN	2.5B	1.7B	-10.63%	7.38%	25.88	1.49	-5.23%	11.29%
SMALL-CAP
CDE	1.8B	821.2M	38.44%	26.30%	-17.22	2.17	4.53%	-32.65%
CENX	1.6B	2.2B	32.75%	98.53%	-37.75	0.74	-21.31%	-205.67%
CMP	545.7M	1.2B	-24.73%	-59.09%	-9.34	0.46	-5.61%	-206.82%
AUMN	8.5M	12.0M	100.00%	-90.33%	-0.92	0.7	-48.46%	6.84%
GLG	989.3K	134.6M	-	-94.16%	-1.37	0.01	-14.16%	-115.91%

Reliance Steel & Aluminum Co News

Latest updates

Reliance Steel & Aluminum Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.9%	3,337	3,623	3,880	3,965	3,611	4,247	4,681	4,486	3,989	3,847	3,419	2,838	2,134	2,086	2,019	2,573	2,448	2,686	2,884	2,957	2,814
Costs and Expenses	-6.8%	3,012	3,234	3,369	3,452	3,156	3,699	3,894	3,770	3,426	3,300	2,958	2,460	1,951	1,925	1,901	2,470	2,223	2,445	2,617	2,676	2,665
S&GA Expenses	1.1%	634	627	651	651	614	630	649	612	618	607	563	519	464	449	439	523	513	519	531	532	506
EBITDA Margin	-3.7%	0.14*	0.14*	0.15*	0.15*	0.16*	0.16*	0.17*	0.16*	0.15*	0.15*	0.13*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.0%	10.00	10.00	10.00	11.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	15.00	17.00	17.00	21.00	24.00	24.00	24.00
Income Taxes	-34.9%	60.00	92.00	125	124	95.00	130	189	173	125	136	114	91.00	36.00	29.00	21.00	20.00	43.00	55.00	62.00	64.00	37.00
Earnings Before Taxes	-14.1%	333	388	511	509	447	524	763	697	547	533	444	359	166	127	102	83.00	210	218	246	256	124
EBT Margin	-4.4%	0.12*	0.12*	0.13*	0.14*	0.14*	0.15*	0.15*	0.14*	0.13*	0.12*	0.10*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	-7.6%	273	296	386	384	351	394	574	525	422	397	330	268	131	98.00	81.00	63.00	166	164	184	192	87.00
Net Income Margin	-3.7%	0.09*	0.09*	0.10*	0.10*	0.11*	0.11*	0.11*	0.11*	0.10*	0.09*	0.08*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	22.0%	415	341	165	282	717	540	183	337	336	87.00	22.00	118	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.1%	10,480	10,493	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
Current Assets	-1.8%	4,772	4,859	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
Cash Equivalents	10.6%	1,080	977	816	816	1,173	644	505	548	301	638	728	760	684	592	223	172	174	166	142	134	128
Inventory	-3.2%	2,043	2,110	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
Net PPE	2.7%	2,248	2,189	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
Goodwill	0.1%	2,111	2,109	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
Liabilities	-	2,748	-	-	-	3,234	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities	-4.0%	844	879	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
Long Term Debt	0.0%	1,142	1,142	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
LT Debt, Non Current	0.0%	1,142	1,142	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
Shareholder's Equity	0.0%	7,722	7,724	7,626	7,354	7,087	6,856	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
Retained Earnings	-0.3%	7,799	7,824	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
Accumulated Depreciation	1.7%	2,245	2,208	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
Shares Outstanding	-1.4%	57.00	58.00	59.00	59.00	59.00	61.00	62.00	62.00	63.00	64.00	64.00	64.00	-	-	-	-	-	-	-	-	-
Minority Interest	-3.7%	11.00	11.00	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
Float	-	-	-	15,790	-	-	-	10,280	-	-	-	9,530	-	-	-	6,000	-	-	-	6,260	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	12.8%	526	466	295	385	809	636	270	404	394	142	102	162	230	296	476	171	347	491	346	117	431
Share Based Compensation	-1.2%	17.00	17.00	18.00	14.00	17.00	19.00	18.00	12.00	16.00	17.00	23.00	15.00	12.00	12.00	9.00	9.00	14.00	15.00	14.00	8.00	12.00
Cashflow From Investing	-2.9%	-116	-112	-152	-102	-104	-95.00	-86.10	-63.30	-504	-49.60	-70.90	-27.70	-60.70	-31.30	-41.40	-55.00	-247	-54.00	-69.20	-48.70	-92.00
Cashflow From Financing	-63.7%	-311	-190	-141	-639	-181	-394	-224	-92.00	-227	-179	-66.00	-56.40	-88.10	99.00	-386	-107	-101	-405	-267	-65.40	-320
Buy Backs	-100.0%	-	126	74.00	39.00	83.00	337	194	17.00	169	131	24.00	-	37.00	0.00	-	300	-	-	50.00	-	355

RS Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENTS OF INCOME
Net sales	$ 14,805.9	$ 17,025.0	$ 14,093.3
Costs and expenses:
Cost of sales (exclusive of depreciation and amortization shown below)	10,258.6	11,773.7	9,603.0
Warehouse, delivery, selling, general and administrative	2,562.4	2,504.2	2,306.5
Depreciation and amortization	245.4	240.2	230.2
Impairment of intangible assets	0.0	0.0	4.7
Total costs and expenses	13,066.4	14,518.1	12,144.4
Operating income	1,739.5	2,506.9	1,948.9
Other (income) expense:
Interest expense	40.1	62.3	62.7
Other (income) expense, net	(41.3)	14.2	3.1
Income before income taxes	1,740.7	2,430.4	1,883.1
Income tax provision	400.6	586.2	465.7
Net income	1,340.1	1,844.2	1,417.4
Less: net income attributable to noncontrolling interests	4.2	4.1	4.4
Net income attributable to Reliance	$ 1,335.9	$ 1,840.1	$ 1,413.0
Earnings per share attributable to Reliance stockholders:
Basic (in dollars per share)	$ 22.90	$ 30.39	$ 22.35
Diluted (in dollars per share)	$ 22.64	$ 29.92	$ 21.97
Shares used in computing earnings per share:
Basic (in shares)	58,328	60,559	63,217
Diluted (in shares)	59,015	61,495	64,327

RS Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,080.2	$ 1,173.4
Accounts receivable, less allowance for credit losses of $24.9 at December 31, 2023 and $26.1 at December 31, 2022	1,472.4	1,565.7
Inventories	2,043.2	1,995.3
Prepaid expenses and other current assets	140.4	115.6
Income taxes receivable	35.6	36.6
Total current assets	4,771.8	4,886.6
Property, plant and equipment:
Land	281.7	262.7
Buildings	1,510.9	1,359.3
Machinery and equipment	2,700.4	2,446.9
Accumulated depreciation	(2,244.6)	(2,094.3)
Property, plant and equipment, net	2,248.4	1,974.6
Operating lease right-of-use assets	231.6	216.4
Goodwill	2,111.1	2,105.9
Intangible assets, net	981.1	1,019.6
Cash surrender value of life insurance policies, net	43.8	42.0
Other long-term assets	92.5	84.8
Total assets	10,480.3	10,329.9
Current liabilities:
Accounts payable	410.3	412.4
Accrued expenses	118.5	118.8
Accrued compensation and retirement benefits	213.9	240.0
Accrued insurance costs	44.4	43.4
Current maturities of long-term debt and short-term borrowings	0.3	508.2
Current maturities of operating lease liabilities	56.2	52.5
Total current liabilities	843.6	1,375.3
Long-term debt	1,141.9	1,139.4
Operating lease liabilities	178.9	165.2
Long-term retirement benefits	25.1	26.1
Other long-term liabilities	64.0	51.4
Deferred income taxes	494.0	476.6
Total liabilities	2,747.5	3,234.0
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-57,271 at December 31, 2023 and 58,787 at December 31, 2022	0.1	0.1
Retained earnings	7,798.9	7,173.6
Accumulated other comprehensive loss	(76.7)	(86.3)
Total Reliance stockholders' equity	7,722.3	7,087.4
Noncontrolling interests	10.5	8.5
Total equity	7,732.8	7,095.9
Total liabilities and equity	$ 10,480.3	$ 10,329.9

About Reliance Steel & Aluminum Co

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 sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is based in Scottsdale, Arizona.

CEO	Ms. Karla R. Lewis
WEBSITE	rsac.com
INDUSTRY	Metals and Mining
EMPLOYEES	14500

Reliance Steel & Aluminum Co Frequently Asked Questions

What is the ticker symbol for Reliance Steel & Aluminum Co? What does RS stand for in stocks?

RS is the stock ticker symbol of Reliance Steel & Aluminum Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Reliance Steel & Aluminum Co (RS)?

As of Tue Apr 23 2024, market cap of Reliance Steel & Aluminum Co is 18.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RS stock?

You can check RS's fair value in chart for subscribers.

What is the fair value of RS stock?

You can check RS's fair value in chart for subscribers. The fair value of Reliance Steel & Aluminum Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Reliance Steel & Aluminum Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Reliance Steel & Aluminum Co a good stock to buy?

The fair value guage provides a quick view whether RS is over valued or under valued. Whether Reliance Steel & Aluminum Co is cheap or expensive depends on the assumptions which impact Reliance Steel & Aluminum Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RS.

What is Reliance Steel & Aluminum Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, RS's PE ratio (Price to Earnings) is 13.45 and Price to Sales (PS) ratio is 1.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Reliance Steel & Aluminum Co's stock?

In the past 10 years, Reliance Steel & Aluminum Co has provided 0.185 (multiply by 100 for percentage) rate of return.