XNYSRS
Market cap14bUSD
Dec 23, Last price
270.08USD
1D
0.39%
1Q
-6.68%
Jan 2017
239.55%
Name
Reliance Steel & Aluminum Co
Chart & Performance
Profile
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 also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. 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 headquartered in Los Angeles, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2023‑03 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | |||||||||||
Revenues | 14,805,900 -13.03% | (9,600) -100.06% | 17,025,000 20.80% | 14,093,300 59.93% | |||||||
Cost of revenue | 13,066,400 | 14,277,900 | 11,909,500 | ||||||||
Unusual Expense (Income) | |||||||||||
NOPBT | 1,739,500 | (9,600) | 2,747,100 | 2,183,800 | |||||||
NOPBT Margin | 11.75% | 100.00% | 16.14% | 15.50% | |||||||
Operating Taxes | 400,600 | 1,200 | 586,200 | 465,700 | |||||||
Tax Rate | 23.03% | 21.34% | 21.33% | ||||||||
NOPAT | 1,338,900 | (10,800) | 2,160,900 | 1,718,100 | |||||||
Net income | 1,335,900 -27.40% | 379,500 -79.38% | 1,840,100 30.23% | 1,413,000 282.82% | |||||||
Dividends | (238,100) | (217,100) | (177,000) | ||||||||
Dividend yield | 1.44% | 1.74% | 1.70% | ||||||||
Proceeds from repurchase of equity | (479,500) | (630,300) | (304,300) | ||||||||
BB yield | 2.91% | 5.06% | 2.92% | ||||||||
Debt | |||||||||||
Debt current | 112,700 | 560,700 | 63,600 | ||||||||
Long-term debt | 1,555,900 | 1,522,300 | 2,025,600 | ||||||||
Deferred revenue | 81,000 | ||||||||||
Other long-term liabilities | 89,100 | 77,500 | 7,000 | ||||||||
Net debt | 588,400 | 909,600 | 2,273,500 | ||||||||
Cash flow | |||||||||||
Cash from operating activities | 1,671,300 | 2,118,600 | 799,400 | ||||||||
CAPEX | (468,800) | (341,800) | (236,600) | ||||||||
Cash from investing activities | (483,900) | (348,500) | (652,300) | ||||||||
Cash from financing activities | (1,282,300) | (892,600) | (528,900) | ||||||||
FCF | 987,800 | 5,078,800 | 1,990,900 | 668,000 | |||||||
Balance | |||||||||||
Cash | 1,080,200 | 1,173,400 | 300,500 | ||||||||
Long term investments | (484,800) | ||||||||||
Excess cash | 339,905 | 480 | 322,150 | ||||||||
Stockholders' equity | 7,732,800 | 7,095,900 | 6,093,700 | ||||||||
Invested Capital | 8,915,495 | 8,716,550 | 7,985,500 | ||||||||
ROIC | 15.19% | 25.88% | 22.79% | ||||||||
ROCE | 17.84% | 28.87% | 25.78% | ||||||||
EV | |||||||||||
Common stock shares outstanding | 59,015 | 58,760 | 61,495 | 64,327 | |||||||
Price | 279.68 38.15% | 256.74 26.82% | 202.44 24.79% | 162.22 35.47% | |||||||
Market cap | 16,505,315 32.58% | 15,086,042 21.18% | 12,449,048 19.30% | 10,435,126 33.52% | |||||||
EV | 17,104,215 | 15,086,042 | 13,367,148 | 12,715,826 | |||||||
EBITDA | 1,984,900 | (9,600) | 2,987,300 | 2,414,000 | |||||||
EV/EBITDA | 8.62 | 4.47 | 5.27 | ||||||||
Interest | 40,100 | 57,600 | 62,300 | 62,700 | |||||||
Interest/NOPBT | 2.31% | 2.27% | 2.87% |