Reliance Net Income from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Reliance Steel Net Income quarterly data regression had r-value of  0.84 and coefficient of variation of  78.03. View All Fundamentals
 
Net Income  
First Reported
1993-03-31
Previous Quarter
267.8 M
Current Value
199.2 M
Quarterly Volatility
114.9 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 Net Income Growth Pattern

Below is the plot of the Net Income of Reliance Steel Aluminum over the last few years. 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. It is Reliance Steel's Net 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.
ViewLast Reported 1.34 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Reliance Net Income Regression Statistics

Arithmetic Mean691,653,000
Geometric Mean453,627,602
Coefficient Of Variation78.03
Mean Deviation431,324,000
Median403,500,000
Standard Deviation539,662,473
Sample Variance291235.6T
Range1.8B
R-Value0.84
Mean Square Error92712.9T
R-Squared0.70
Significance0.000091
Slope101,278,089
Total Sum of Squares4077298.2T

Reliance Net Income History

20241.4 B
20231.3 B
20221.8 B
20211.4 B
2020369.1 M
2019701.5 M
2018633.7 M

Other Fundumenentals of Reliance Steel Aluminum

Reliance Steel Net Income component correlations

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Net Income, 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
Net Income1.3 B1.4 B
Net Income Applicable To Common Shares2.1 B2.2 B
Net Income From Continuing Ops1.3 B724.8 M
Net Income Per Share 22.90  24.05 
Net Income Per E B T 0.77  0.54 

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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.