Reliance Cost Of Revenue from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Cost Of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost Of Revenue is likely to outpace its year average in 2024. From the period from 2010 to 2024, Reliance Steel Cost Of Revenue quarterly data regression had r-value of  0.81 and coefficient of variation of  36.85. View All Fundamentals
 
Cost Of Revenue  
First Reported
1994-09-30
Previous Quarter
2.6 B
Current Value
5.2 B
Quarterly Volatility
909 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 Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0105 or PTB Ratio of 1.13. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Reliance Steel Aluminum over the last few years. Cost of Revenue is found on Reliance Steel Aluminum income statement and represents the costs associated with goods and services Reliance Steel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Reliance Steel's Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Reliance Cost Of Revenue Regression Statistics

Arithmetic Mean7,462,133,333
Geometric Mean6,233,642,229
Coefficient Of Variation36.85
Mean Deviation1,920,395,556
Median6,933,200,000
Standard Deviation2,750,008,033
Sample Variance7562544.2T
Range11.5B
R-Value0.81
Mean Square Error2862604.7T
R-Squared0.65
Significance0.0003
Slope495,197,500
Total Sum of Squares105875618.5T

Reliance Cost Of Revenue History

202411 B
202310.5 B
202211.8 B
20219.6 B
2020B
20197.6 B
20188.3 B

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue10.5 B11 B

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Additional Tools for Reliance Stock Analysis

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.