Reliance Historical Income Statement

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RS -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

Historical analysis of Reliance Steel income statement accounts such as can show how well Reliance Steel Aluminum performed in making a profits. Evaluating Reliance Steel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Reliance Steel future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Reliance Steel Aluminum latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Reliance Steel Aluminum is a good buy for the upcoming year. Additionally, take a look at Your Equity Center.

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About Reliance Income Statement Analysis

Reliance Steel Aluminum Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Reliance Steel shareholders. The income statement also shows Reliance investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Reliance Steel Income Statement Chart

Reliance Steel Aluminum Income Statement is one of the three primary financial statements used for reporting Reliance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Reliance Steel Aluminum revenue and expense. Reliance Steel Income Statement primarily focuses on the company's revenues and expenses during a particular period. Reliance Steel Gross Profit is relatively stable at the moment as compared to the last year. Reliance Steel reported last year Gross Profit of 2.33 Billion. As of 06/03/2020, Net Income is likely to grow to about 701.5 M, while Consolidated Income is likely to drop slightly above 255.7 M.
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Consolidated Income    Interest Expense    Net Income    Net Income Common Stock    

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Interest Expense

Amount of the cost of borrowed funds accounted for as interest expense.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Reliance Steel Aluminum financial statement analysis. It represents the amount of money remaining after all of Reliance Steel Aluminum operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.
Most accounts from Reliance Steel income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Reliance Steel Aluminum current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Additionally, take a look at Your Equity Center.Reliance Steel Gross Profit is relatively stable at the moment as compared to the last year. Reliance Steel reported last year Gross Profit of 2.33 Billion. As of 06/03/2020, Net Income is likely to grow to about 701.5 M, while Consolidated Income is likely to drop slightly above 255.7 M.
 2019 2020 (projected)
Consolidated Income278.19 M255.71 M
Direct Expenses7.64 B6.86 B
Reliance Steel Aluminum Co. operates as a metals service center company. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in USA and is traded on BATS Exchange. It employs 15300 people.

Reliance Steel income statement Correlations

Reliance Steel Account Relationship Matchups

Reliance Steel income statement Accounts

2014201520162017201820192020 (projected)
Direct Expenses7.83 B6.8 B6.02 B6.93 B8.25 B7.64 B6.86 B
Consolidated Income408.3 M324.7 M376.3 M316.2 M309.1 M278.19 M255.71 M
Cost of Revenue6.24 B6.83 B7.83 B6.8 B6.02 B5.42 B4.78 B
Earning Before Interest and Taxes EBIT663 M552.7 M623.4 M538.3 M509 M585.35 M567.91 M
Earning Before Interest and Taxes USD663 M552.7 M623.4 M538.3 M509 M585.35 M567.91 M
Gross Profit2.21 B2.4 B2.62 B2.55 B2.59 B2.33 B3.33 B
Interest Expense58.4 M77.5 M81.9 M84.3 M84.6 M76.14 M64.5 M
Net Income321.6 M371.5 M311.5 M304.3 M613.4 M633.7 M701.5 M
Net Income Common Stock403.5 M321.6 M371.5 M311.5 M304.3 M349.94 M333.25 M
Net Income Common Stock USD403.5 M321.6 M371.5 M311.5 M304.3 M349.94 M333.25 M
Operating Expenses1.55 B1.85 B2 B2 B2.08 B1.87 B1.48 B
Operating Income617.4 M546.6 M512.6 M662.4 M937.5 M1.01 B804.35 M
Revenues10.45 B9.35 B8.61 B9.72 B11.53 B10.97 B10.97 B
Revenues USD8.44 B9.22 B10.45 B9.35 B8.61 B7.75 B6.69 B
Selling General and Administrative Expense1.4 B1.64 B1.79 B1.73 B1.8 B1.62 B1.3 B
Weighted Average Shares77.68 M74.1 M72.36 M72.85 M71.62 M66.89 M66.66 M
Weighted Average Shares Diluted78.62 M74.9 M73.12 M73.54 M72.44 M67.86 M78.75 M
Income Tax Expense201.1 M153.6 M170 M142.5 M120.1 M138.12 M149.87 M
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