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Reliance Steel & Aluminum Co.

$195.04

Earnings Summary

Revenue
$4681.2Mn
Net Profits
$572.8Mn
Net Profit Margins
12.24%
PE Ratio
6.48

Highlights

Revenue:

Reliance Steel & Aluminum Co.’s revenue jumped 36.93% since last year same period to $4681.2Mn in the Q2 2022. On a quarterly growth basis, Reliance Steel & Aluminum Co. has generated 4.36% jump in its revenue since last 3-months.

Net Profits:

Reliance Steel & Aluminum Co.’s net profit jumped 74.05% since last year same period to $572.8Mn in the Q2 2022. On a quarterly growth basis, Reliance Steel & Aluminum Co. has generated 9.46% jump in its net profits since last 3-months.

Net Profit Margins:

Reliance Steel & Aluminum Co.’s net profit margin jumped 27.11% since last year same period to 12.24% in the Q2 2022. On a quarterly growth basis, Reliance Steel & Aluminum Co. has generated 4.89% jump in its net profit margins since last 3-months.

PE Ratio:

Reliance Steel & Aluminum Co.’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.48.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Reliance Steel & Aluminum Co. post its latest quarter earnings

EPS Estimate Current Quarter
6.57
EPS Estimate Current Year
6.57

Highlights

EPS Estimate Current Quarter:

Reliance Steel & Aluminum Co.’s earning per share (EPS) estimates for the current quarter stand at 6.57 - a -27.08% fall from last quarter’s estimates.

EPS Estimate Current Year:

Reliance Steel & Aluminum Co.’s earning per share (EPS) estimates for the current year stand at 6.57.

Key Ratios

Key ratios of the Reliance Steel & Aluminum Co. post its Q2 2022 earnings

Earning Per Share (EPS)
9.15
Return on Assets (ROA)
0.17
Return on Equity (ROE)
0.31
Dividend Per Share (DPS)
3.13

Highlights

Earning Per Share (EPS):

Reliance Steel & Aluminum Co.’s earning per share (EPS) jumped 80.83% since last year same period to 9.15 in the Q2 2022. This indicates that the Reliance Steel & Aluminum Co. has generated 80.83% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Reliance Steel & Aluminum Co.’s return on assets (ROA) stands at 0.17.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Reliance Steel & Aluminum Co.’s return on equity (ROE) stands at 0.31.

Dividend Per Share (DPS):

Reliance Steel & Aluminum Co. declared 3.13 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
9.01
9.15
1.55%
2022-05-05
7.14
8.42
17.93%

Company Information

Founded in 1939 and headquartered in Los Angeles, California, Reliance Steel & Aluminum Co. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 300 locations in 40 states and 13 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance focuses on small orders with quick turnaround and increasing levels of value-added processing. In 2020, Reliance's average order size was $1,910, approximately 49% of orders included value-added processing and approximately 40% of orders were delivered within 24 hours.

Organisation
Reliance Steel & Aluminum Co.
Headquarters
Los Angeles, California, US
Employees
12.8K
Industry
Non-Energy Minerals
CEO
James Hoffman