Reliance Operating Income from 2010 to 2024

RS Stock  USD 334.18  2.72  0.81%   
Reliance Steel Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Reliance Steel Aluminum generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1993-03-31
Previous Quarter
389.5 M
Current Value
325.1 M
Quarterly Volatility
156.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance main balance sheet or income statement drivers, such as Depreciation And Amortization of 126.8 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many exotic indicators such as Short Term Coverage Ratios of 27.76, Price Earnings Ratio of 14.2 or Price To Sales Ratio of 1.16. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
This module can also supplement Reliance Steel's financial leverage analysis and stock options assessment as well as various Reliance Steel Technical models . Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Operating Income Growth Pattern

Below is the plot of the Operating Income of Reliance Steel Aluminum over the last few years. Operating Income is the amount of profit realized from Reliance Steel Aluminum operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reliance Steel Aluminum is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Reliance Steel's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Steel's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Reliance Operating Income Regression Statistics

Arithmetic Mean978,585,000
Geometric Mean685,223,590
Coefficient Of Variation70.98
Mean Deviation552,313,333
Median659,200,000
Standard Deviation694,644,993
Sample Variance482531.7T
Range2.5B
R-Value0.82
Mean Square Error169616.4T
R-Squared0.67
Significance0.0002
Slope127,481,518
Total Sum of Squares6755443.3T

Reliance Operating Income History

20241.8 B
20231.7 B
20222.5 B
20211.9 B
2020565.8 M
2019B
2018937.5 M

Other Fundumenentals of Reliance Steel Aluminum

Reliance Steel Operating Income component correlations

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0.730.660.270.640.920.810.62-0.130.740.710.230.65-0.270.340.380.850.860.610.530.420.240.15-0.58-0.670.030.250.490.52-0.54
0.960.66-0.170.990.680.930.96-0.230.460.980.250.43-0.510.030.170.720.770.770.530.880.2-0.1-0.73-0.85-0.030.790.810.78-0.77
0.090.27-0.17-0.240.280.08-0.19-0.020.75-0.090.020.760.570.320.870.440.240.320.17-0.60.740.69-0.240.130.06-0.67-0.58-0.560.53
0.930.640.99-0.240.630.90.95-0.250.380.960.250.33-0.630.040.10.680.750.690.560.920.13-0.2-0.74-0.9-0.040.830.840.81-0.82
0.760.920.680.280.630.830.70.070.750.740.20.7-0.130.180.420.840.850.720.490.410.270.09-0.53-0.570.050.270.50.53-0.41
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0.970.710.98-0.090.960.740.970.95-0.210.530.290.49-0.450.030.250.740.790.780.480.830.26-0.03-0.72-0.820.030.750.80.78-0.74
0.280.230.250.020.250.20.270.15-0.20.270.290.23-0.110.09-0.130.310.330.160.440.18-0.240.23-0.34-0.260.950.230.30.23-0.16
0.650.650.430.760.330.70.590.37-0.090.970.490.230.360.30.820.830.720.80.43-0.040.670.64-0.55-0.280.13-0.1-0.02-0.010.04
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0.120.340.030.320.040.180.03-0.06-0.040.40.030.090.3-0.090.330.390.260.160.24-0.140.170.11-0.2-0.280.03-0.11-0.22-0.22-0.24
0.410.380.170.870.10.420.360.16-0.130.830.25-0.130.820.380.330.590.420.540.2-0.260.950.62-0.46-0.14-0.17-0.31-0.3-0.280.22
0.840.850.720.440.680.840.780.64-0.230.880.740.310.83-0.180.390.590.960.780.710.370.450.29-0.79-0.720.10.260.370.38-0.4
0.840.860.770.240.750.850.80.7-0.270.780.790.330.72-0.280.260.420.960.720.690.510.30.22-0.74-0.730.110.420.560.59-0.51
0.870.610.770.320.690.720.790.740.020.740.780.160.80.040.160.540.780.720.440.410.470.25-0.6-0.5-0.030.360.330.32-0.32
0.560.530.530.170.560.490.480.47-0.310.480.480.440.43-0.420.240.20.710.690.440.350.120.03-0.81-0.710.250.250.310.33-0.35
0.720.420.88-0.60.920.410.720.86-0.220.00.830.18-0.04-0.75-0.14-0.260.370.510.410.35-0.16-0.44-0.5-0.79-0.080.940.940.9-0.88
0.40.240.20.740.130.270.340.2-0.210.670.26-0.240.670.30.170.950.450.30.470.12-0.160.55-0.46-0.16-0.3-0.2-0.24-0.220.17
0.110.15-0.10.69-0.20.090.04-0.17-0.190.61-0.030.230.640.650.110.620.290.220.250.03-0.440.55-0.140.250.28-0.35-0.33-0.320.35
-0.79-0.58-0.73-0.24-0.74-0.53-0.71-0.680.43-0.61-0.72-0.34-0.550.4-0.2-0.46-0.79-0.74-0.6-0.81-0.5-0.46-0.140.82-0.08-0.4-0.42-0.40.45
-0.81-0.67-0.850.13-0.9-0.57-0.78-0.80.36-0.39-0.82-0.26-0.280.76-0.28-0.14-0.72-0.73-0.5-0.71-0.79-0.160.250.820.03-0.65-0.69-0.660.79
0.010.03-0.030.06-0.040.050.02-0.11-0.060.150.030.950.130.090.03-0.170.10.11-0.030.25-0.08-0.30.28-0.080.030.020.10.040.08
0.640.250.79-0.670.830.270.580.78-0.2-0.070.750.23-0.1-0.65-0.11-0.310.260.420.360.250.94-0.2-0.35-0.4-0.650.020.90.88-0.85
0.670.490.81-0.580.840.50.720.8-0.20.050.80.3-0.02-0.68-0.22-0.30.370.560.330.310.94-0.24-0.33-0.42-0.690.10.90.99-0.84
0.640.520.78-0.560.810.530.70.78-0.210.070.780.23-0.01-0.66-0.22-0.280.380.590.320.330.9-0.22-0.32-0.4-0.660.040.880.99-0.83
-0.64-0.54-0.770.53-0.82-0.41-0.64-0.740.22-0.07-0.74-0.160.040.77-0.240.22-0.4-0.51-0.32-0.35-0.880.170.350.450.790.08-0.85-0.84-0.83
Click cells to compare fundamentals

About Reliance Steel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Reliance Steel income statement, its balance sheet, and the statement of cash flows. Reliance Steel investors use historical funamental indicators, such as Reliance Steel's Operating Income, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may use each financial statement separately, they are all related. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Reliance Steel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Reliance Steel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Reliance Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Operating Income1.7 B1.8 B
Non Operating Income Net Other-2.8 M-2.7 M

Currently Active Assets on Macroaxis

When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:
Check out the analysis of Reliance Steel Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Steel. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
4
Earnings Share
22.64
Revenue Per Share
253.839
Quarterly Revenue Growth
(0.08)
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.