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

295.11USD-0.25 (-0.08%)Delayed as of 08 May 2024, 02:54 pm ET

Market Summary

USD295.11-0.25

Delayedas of 08 May 2024, 02:54 pm

-0.08%

RS Alerts

1 major insider sales recently.

RS Stock Price

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RS RSI Chart

RS Valuation

Market Cap

17.0B

Price/Earnings (Trailing)

13.47

Price/Sales (Trailing)

1.17

EV/EBITDA

8.97

Price/Free Cashflow

18.08

RS Price/Sales (Trailing)

RS Profitability

EBT Margin

11.24%

Return on Equity

15.86%

Return on Assets

11.76%

Free Cashflow Yield

5.53%

RS Fundamentals

RS Revenue

Revenue (TTM)

14.5B

Rev. Growth (Yr)

-8.08%

Rev. Growth (Qtr)

9.21%

RS Earnings

Earnings (TTM)

1.3B

Earnings Growth (Yr)

-20.97%

Earnings Growth (Qtr)

11.12%

Breaking Down RS Revenue

52 Week Range

229.12297.38

(Low)(High)

Last 7 days

3.8%

Last 30 days

-13.1%

Last 90 days

-0.9%

Trailing 12 Months

22.7%

How does RS drawdown profile look like?

RS Financial Health

Current Ratio

5.74

Debt/Equity

0.14

Debt/Cashflow

1.24

RS Investor Care

Dividend Yield

1.35%

Dividend/Share (TTM)

Buy Backs (1Y)

2.32%

Diluted EPS (TTM)

21.44

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	14.5B	0	0	0
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

Get all data in R, Python etc through our Historical Stock Data APIs

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	hoffman james donald	sold	-1,463,830	292	-5,000	-
May 03, 2024	hoffman james donald	sold	-1,450,190	290	-5,000	-
Apr 30, 2024	hoffman james donald	sold	-1,449,070	289	-5,000	-
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	ajemyan arthur	acquired	-	-	1,139	svp, cfo
Mar 01, 2024	mollins sean michael	acquired	-	-	1,068	sr. vp, operations
Mar 01, 2024	smith william a ii	acquired	-	-	1,495	svp, general counsel, corp sec
Mar 01, 2024	lewis karla r	acquired	-	-	5,125	president, ceo
Mar 01, 2024	hynes michael r	acquired	-	-	1,495	sr. vp, operations

Which funds bought or sold RS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Metis Global Partners, LLC	reduced	-3.03	108,578	792,675	0.03%
May 06, 2024	Savant Capital, LLC	added	6.89	109,097	502,607	0.01%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	added	8.93	76,540	330,230	-%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-7.07	23,840,000	239,755,000	0.50%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.22	2,911,290	16,808,600	0.13%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	7.14	1,097	5,013	-%
May 06, 2024	Parallel Advisors, LLC	added	58.11	346,692	736,641	0.02%
May 06, 2024	Candriam S.C.A.	reduced	-9.59	98,299	1,323,350	0.01%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-50.41	-6,505,000	9,459,000	0.06%
May 06, 2024	Empirical Finance, LLC	added	0.42	201,649	1,210,730	0.07%

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

RS Alerts

1 major insider sales recently.

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
May 07, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	4	Insider Trading
Apr 30, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	8-K	Current Report
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

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	89.0B	9.7B	4.40%	45.84%	37.76	9.18	-3.73%	-11.90%
FCX	73.7B	22.9B	3.86%	40.54%	19.65	3.22	0.33%	-16.25%
NEM	47.8B	13.2B	4.51%	-14.19%	-17.86	3.63	13.70%	-408.56%
NUE	41.3B	34.7B	-14.55%	21.25%	9.14	1.19	-16.38%	-40.52%
RS	17.0B	14.5B	-13.12%	22.72%	13.47	1.17	-12.23%	-26.09%
CLF	8.2B	21.9B	-22.16%	14.70%	18.76	0.38	-1.92%	-15.58%
MID-CAP
AA	6.7B	10.5B	3.01%	2.09%	-9.91	0.64	-11.40%	15.25%
CMC	6.5B	8.4B	-2.78%	26.85%	9.57	0.77	-8.32%	-10.17%
HL	3.1B	720.2M	-9.76%	-18.77%	-37.04	4.33	0.18%	-125.49%
MTRN	2.3B	1.6B	-12.96%	4.98%	27.16	1.41	-8.15%	-14.39%
SMALL-CAP
CDE	2.0B	847.0M	5.13%	45.45%	-18.91	2.41	7.96%	2.02%
CENX	1.6B	2.1B	5.15%	107.57%	6.71	0.77	-17.61%	444.18%
CMP	551.9M	1.2B	-6.38%	-56.82%	-9.44	0.46	-5.61%	-206.82%
AUMN	8.3M	12.0M	-15.94%	-89.45%	-0.9	0.69	-48.46%	6.84%
GLG	989.3K	134.6M	-	-93.31%	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.2%	3,645	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
Costs and Expenses	8.0%	3,252	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
S&GA Expenses	6.0%	672	634	627	651	651	614	630	649	612	618	607	563	519	464	449	439	523	513	519	531	532
EBITDA Margin	-3.4%	0.13*	0.14*	0.14*	0.15*	0.15*	0.16*	0.16*	0.17*	0.16*	0.15*	0.15*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.0%	10.00	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
Income Taxes	54.3%	92.00	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
Earnings Before Taxes	18.9%	396	333	388	511	509	447	524	763	697	547	533	444	359	166	127	102	83.00	210	218	246	256
EBT Margin	-4.4%	0.11*	0.12*	0.12*	0.13*	0.14*	0.14*	0.15*	0.15*	0.14*	0.13*	0.12*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	11.1%	304	273	296	386	384	351	394	574	525	422	397	330	268	131	98.00	81.00	63.00	166	164	184	192
Net Income Margin	-3.9%	0.09*	0.09*	0.09*	0.10*	0.10*	0.11*	0.11*	0.11*	0.11*	0.10*	0.09*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	-95.8%	18.00	415	341	165	282	717	540	183	337	336	87.00	22.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.2%	10,712	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
Current Assets	3.2%	4,923	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
Cash Equivalents	-13.5%	935	1,080	977	816	816	1,173	644	505	548	301	638	728	760	684	592	223	172	174	166	142	134
Inventory	6.1%	2,167	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
Net PPE	2.7%	2,309	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
Goodwill	0.7%	2,125	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
Liabilities	0.8%	2,770	2,748	-	-	-	3,234	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities	1.6%	857	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
Long Term Debt	0.1%	1,143	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
LT Debt, Non Current	-100.0%	-	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
Shareholder's Equity	2.9%	7,943	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
Retained Earnings	2.9%	8,026	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
Accumulated Depreciation	0.3%	2,251	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
Shares Outstanding	0.3%	57.00	57.00	58.00	59.00	59.00	59.00	61.00	62.00	62.00	63.00	64.00	64.00	-	-	-	-	-	-	-	-	-
Minority Interest	-1.9%	10.00	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
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-76.0%	126	526	466	295	385	809	636	270	404	394	142	102	162	230	296	476	171	347	491	346	117
Share Based Compensation	-21.7%	13.00	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
Cashflow From Investing	-52.8%	-177	-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
Cashflow From Financing	71.0%	-90.30	-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
Buy Backs	-	-	-	126	74.00	39.00	83.00	337	194	17.00	169	131	24.00	-	37.00	0.00	-	300	-	-	50.00	-

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RS Income Statement

2024-03-31

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
Net sales	$ 3,644.8	$ 3,965.3
Costs and expenses:
Cost of sales (exclusive of depreciation and amortization shown below)	2,516.6	2,739.3
Warehouse, delivery, selling, general and administrative	671.5	651.3
Depreciation and amortization	63.6	61.1
Total costs and expenses	3,251.7	3,451.7
Operating income	393.1	513.6
Other (income) expense:
Interest expense	9.7	10.9
Other income, net	(12.8)	(5.8)
Income before income taxes	396.2	508.5
Income tax provision	92.4	124.1
Net income	303.8	384.4
Less: net income attributable to noncontrolling interests	0.9	1.3
Net income attributable to Reliance	$ 302.9	$ 383.1
Earnings per share attributable to Reliance stockholders:
Basic (in dollars per share)	$ 5.28	$ 6.51
Diluted (in dollars per share)	$ 5.23	$ 6.43
Shares used in computing earnings per share:
Basic (in shares)	57,340	58,832
Diluted (in shares)	57,882	59,534

RS Balance Sheet

2024-03-31

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 934.9	$ 1,080.2
Accounts receivable, less allowance for credit losses of $27.2 at March 31, 2024 and $24.9 at December 31, 2023	1,686.0	1,472.4
Inventories	2,166.9	2,043.2
Prepaid expenses and other current assets	135.6	140.4
Income taxes receivable		35.6
Total current assets	4,923.4	4,771.8
Property, plant and equipment:
Land	282.6	281.7
Buildings	1,534.5	1,510.9
Machinery and equipment	2,743.6	2,700.4
Accumulated depreciation	(2,251.4)	(2,244.6)
Property, plant and equipment, net	2,309.3	2,248.4
Operating lease right-of-use assets	230.7	231.6
Goodwill	2,125.3	2,111.1
Intangible assets, net	986.1	981.1
Cash surrender value of life insurance policies, net	39.5	43.8
Other long-term assets	97.9	92.5
Total assets	10,712.2	10,480.3
Current liabilities:
Accounts payable	449.7	410.3
Accrued expenses	118.3	118.5
Accrued compensation and retirement benefits	139.8	213.9
Accrued insurance costs	46.1	44.4
Current maturities of long-term debt	0.3	0.3
Current maturities of operating lease liabilities	56.3	56.2
Income taxes payable	46.9
Total current liabilities	857.4	843.6
Long-term debt	1,142.6	1,141.9
Operating lease liabilities	177.8	178.9
Long-term retirement benefits	27.8	25.1
Other long-term liabilities	70.8	64.0
Deferred income taxes	493.1	494.0
Total liabilities	2,769.5	2,747.5
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-57,426 at March 31, 2024 and 57,271 at December 31, 2023	0.1	0.1
Retained earnings	8,025.6	7,798.9
Accumulated other comprehensive loss	(93.3)	(76.7)
Total Reliance stockholders' equity	7,932.4	7,722.3
Noncontrolling interests	10.3	10.5
Total equity	7,942.7	7,732.8
Total liabilities and equity	$ 10,712.2	$ 10,480.3

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 May 07 2024, market cap of Reliance Steel & Aluminum Co is 16.96 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 May 07 2024, RS's PE ratio (Price to Earnings) is 13.47 and Price to Sales (PS) ratio is 1.17. 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 0.175 (multiply by 100 for percentage) rate of return.