Reliance Steel & Aluminum Co. (RS) Stock

About Reliance Steel & Aluminum Co.

Reliance Steel & Aluminum Co. (RS) operates as a premier diversified metal solutions provider and a leading metal service center, serving clients across the United States, Canada, and globally. The company provides an extensive inventory of approximately 100,000 metal products, including alloys, aluminum, brass, copper, carbon steel, stainless steel, titanium, and various specialty steels. Beyond distribution, it offers comprehensive metal processing services to diverse sectors such as general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. Additionally, RS supplies non-ferrous metals and tubular building products, while also manufacturing bespoke extruded metals, fabricated components, and welded parts. As of December 31, 2021, its network comprised about 315 facilities spread across 40 U.S. states and 13 other countries. The company directly sells its offerings to original equipment manufacturers, largely catering to small machine shops and fabricators. Founded in 1939, Reliance Steel & Aluminum Co. is headquartered in Los Angeles, California.

Reliance Steel & Aluminum Co. is led by CEO Karla R. Lewis, employs 15,700 people, headquartered in Phoenix, US, publicly traded since 1994.

Reliance Steel & Aluminum Co. (RS) stock trades at $406.59 with a market capitalization of $20.76B. The stock is valued at a price-to-earnings (P/E) ratio of 26.36, price-to-book of 2.90, price-to-sales of 1.39. Over the past 52 weeks the stock has ranged between $260.31 and $411.34, and currently trades 1.2% below its 52-week high. It pays a dividend yielding 1.21%.

On profitability, Reliance Steel & Aluminum Co. generates a return on equity (ROE) of 11.33%, return on capital employed of 14.25%, an operating margin of 7.52%, a net profit margin of 5.43%.

In its most recent fiscal year, Reliance Steel & Aluminum Co. reported annual revenue of $14.3B, net profit of $739.0M, revenue has compounded at 10.2% a year over the last five years, profit at 14.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.28 — a conservative balance sheet with little leverage risk, a current ratio of 4.88, total assets of $10.4B, $217.0M in cash and equivalents.

RS has an average daily trading volume of 355,437 shares, a beta of 0.96.

Official website: reliance.com