RS
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
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.
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.
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.
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
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.
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
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) 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.
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.
Reliance Steel & Aluminum Co. declared 3.13 dividend per share during the earnings announcement for Q2 2022.
Earnings Calendar
| Earnings Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
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 |