Reliance Gross Profit from 2010 to 2024

RS Stock

USD 316.66 3.13 1.00%

Reliance Steel Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Reliance Steel Aluminum makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1993-03-31

Previous Quarter

1 B

Current Value

-1.8 B

Quarterly Volatility

409.6 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Reliance Steel Aluminum over the last few years. Gross profit is a required income statement account that reflects total revenue of Reliance Steel Aluminum minus its cost of goods sold. It is profit before Reliance Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Reliance Steel's Gross Profit 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.

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Last Reported 5.26 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Reliance Gross Profit Regression Statistics

	Arithmetic Mean	3,011,266,333
	Geometric Mean	2,429,180,504
	Coefficient Of Variation	42.19
	Mean Deviation	947,172,933
	Median	2,775,100,000
	Standard Deviation	1,270,413,172
	Sample Variance	1613949.6T
	Range	5.2B
	R-Value	0.90
	Mean Square Error	344470.4T
	R-Squared	0.80
	Slope	254,370,232
	Total Sum of Squares	22595294.8T

Reliance Gross Profit History

	2024	4.5 B
	2023	4.3 B
	2022	5.3 B
	2021	4.5 B
	2020	2.8 B
	2019	3.3 B
	2018	3.3 B

Other Fundumenentals of Reliance Steel Aluminum

Gross Profit Margin

Reliance Steel Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.1	0.93	0.76	0.95	0.66	0.97	0.34	0.65	-0.34	0.41	0.84	0.84	0.87	0.72	0.4	0.11	-0.79	-0.81	0.01	0.63	0.66	0.64	-0.64
Total Stockholder Equity	0.96		-0.17	0.99	0.68	0.93	0.45	0.98	0.33	0.43	-0.51	0.17	0.72	0.77	0.77	0.88	0.2	-0.1	-0.73	-0.85	-0.03	0.79	0.81	0.78	-0.77
Net Debt	0.1	-0.17		-0.24	0.28	0.08	0.76	-0.09	-0.04	0.76	0.57	0.87	0.44	0.24	0.32	-0.6	0.74	0.69	-0.24	0.13	0.06	-0.67	-0.58	-0.56	0.53
Retained Earnings	0.93	0.99	-0.24		0.63	0.9	0.37	0.96	0.33	0.33	-0.63	0.1	0.68	0.75	0.69	0.92	0.13	-0.2	-0.74	-0.9	-0.04	0.83	0.84	0.81	-0.82
Accounts Payable	0.76	0.68	0.28	0.63		0.83	0.75	0.74	0.27	0.7	-0.13	0.42	0.84	0.85	0.72	0.41	0.27	0.09	-0.53	-0.57	0.05	0.27	0.5	0.53	-0.41
Net Receivables	0.95	0.93	0.08	0.9	0.83		0.63	0.97	0.34	0.59	-0.37	0.36	0.78	0.8	0.79	0.72	0.34	0.04	-0.71	-0.78	0.02	0.58	0.72	0.7	-0.64
Total Liab	0.66	0.45	0.76	0.37	0.75	0.63		0.52	0.29	0.97	0.22	0.83	0.88	0.78	0.74	-0.01	0.68	0.61	-0.61	-0.38	0.16	-0.08	0.04	0.05	-0.06
Total Current Assets	0.97	0.98	-0.09	0.96	0.74	0.97	0.52		0.36	0.49	-0.45	0.25	0.74	0.79	0.78	0.83	0.26	-0.03	-0.72	-0.82	0.03	0.75	0.8	0.78	-0.74
Short Term Debt	0.34	0.33	-0.04	0.33	0.27	0.34	0.29	0.36		0.23	-0.2	-0.15	0.37	0.4	0.18	0.26	-0.27	0.18	-0.38	-0.35	0.91	0.31	0.39	0.33	-0.28
Intangible Assets	0.65	0.43	0.76	0.33	0.7	0.59	0.97	0.49	0.23		0.36	0.82	0.83	0.72	0.8	-0.04	0.67	0.64	-0.55	-0.28	0.13	-0.1	-0.02	-0.01	0.04
Common Stock	-0.34	-0.51	0.57	-0.63	-0.13	-0.37	0.22	-0.45	-0.2	0.36		0.38	-0.18	-0.28	0.04	-0.75	0.3	0.65	0.4	0.76	0.09	-0.65	-0.68	-0.66	0.77
Long Term Debt	0.41	0.17	0.87	0.1	0.42	0.36	0.83	0.25	-0.15	0.82	0.38		0.59	0.42	0.54	-0.26	0.95	0.62	-0.46	-0.14	-0.17	-0.31	-0.3	-0.28	0.22
Good Will	0.84	0.72	0.44	0.68	0.84	0.78	0.88	0.74	0.37	0.83	-0.18	0.59		0.96	0.78	0.37	0.45	0.29	-0.79	-0.72	0.1	0.26	0.37	0.38	-0.4
Property Plant Equipment	0.84	0.77	0.24	0.75	0.85	0.8	0.78	0.79	0.4	0.72	-0.28	0.42	0.96		0.72	0.51	0.3	0.22	-0.74	-0.73	0.11	0.42	0.56	0.59	-0.51
Current Deferred Revenue	0.87	0.77	0.32	0.69	0.72	0.79	0.74	0.78	0.18	0.8	0.04	0.54	0.78	0.72		0.41	0.47	0.25	-0.6	-0.5	-0.03	0.36	0.33	0.32	-0.32
Net Tangible Assets	0.72	0.88	-0.6	0.92	0.41	0.72	-0.01	0.83	0.26	-0.04	-0.75	-0.26	0.37	0.51	0.41		-0.16	-0.44	-0.5	-0.79	-0.08	0.94	0.94	0.9	-0.88
Long Term Debt Total	0.4	0.2	0.74	0.13	0.27	0.34	0.68	0.26	-0.27	0.67	0.3	0.95	0.45	0.3	0.47	-0.16		0.55	-0.46	-0.16	-0.3	-0.2	-0.24	-0.22	0.17
Deferred Long Term Liab	0.11	-0.1	0.69	-0.2	0.09	0.04	0.61	-0.03	0.18	0.64	0.65	0.62	0.29	0.22	0.25	-0.44	0.55		-0.14	0.25	0.28	-0.35	-0.33	-0.32	0.35
Long Term Investments	-0.79	-0.73	-0.24	-0.74	-0.53	-0.71	-0.61	-0.72	-0.38	-0.55	0.4	-0.46	-0.79	-0.74	-0.6	-0.5	-0.46	-0.14		0.82	-0.08	-0.4	-0.42	-0.4	0.45
Accumulated Depreciation	-0.81	-0.85	0.13	-0.9	-0.57	-0.78	-0.38	-0.82	-0.35	-0.28	0.76	-0.14	-0.72	-0.73	-0.5	-0.79	-0.16	0.25	0.82		0.03	-0.65	-0.69	-0.66	0.79
Short Long Term Debt	0.01	-0.03	0.06	-0.04	0.05	0.02	0.16	0.03	0.91	0.13	0.09	-0.17	0.1	0.11	-0.03	-0.08	-0.3	0.28	-0.08	0.03		0.02	0.1	0.04	0.08
Cash And Equivalents	0.63	0.79	-0.67	0.83	0.27	0.58	-0.08	0.75	0.31	-0.1	-0.65	-0.31	0.26	0.42	0.36	0.94	-0.2	-0.35	-0.4	-0.65	0.02		0.9	0.88	-0.85
Net Invested Capital	0.66	0.81	-0.58	0.84	0.5	0.72	0.04	0.8	0.39	-0.02	-0.68	-0.3	0.37	0.56	0.33	0.94	-0.24	-0.33	-0.42	-0.69	0.1	0.9		0.99	-0.84
Net Working Capital	0.64	0.78	-0.56	0.81	0.53	0.7	0.05	0.78	0.33	-0.01	-0.66	-0.28	0.38	0.59	0.32	0.9	-0.22	-0.32	-0.4	-0.66	0.04	0.88	0.99		-0.83
Capital Stock	-0.64	-0.77	0.53	-0.82	-0.41	-0.64	-0.06	-0.74	-0.28	0.04	0.77	0.22	-0.4	-0.51	-0.32	-0.88	0.17	0.35	0.45	0.79	0.08	-0.85	-0.84	-0.83

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About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Gross Profit, 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 Reported	Projected for Next Year
Gross Profit	4.3 B	4.5 B
Gross Profit Margin	0.29	0.22

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