Reliance Net Income From Continuing Ops from 2010 to 2024

RS Stock  USD 322.58  0.67  0.21%   
Reliance Steel Net Income From Continuing Ops yearly trend continues to be comparatively stable with very little volatility. Net Income From Continuing Ops will likely drop to about 724.8 M in 2024. From the period from 2010 to 2024, Reliance Steel Net Income From Continuing Ops quarterly data regression had r-value of  0.73 and coefficient of variation of  73.61. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-03-31
Previous Quarter
268.3 M
Current Value
199.9 M
Quarterly Volatility
130.5 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 From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Net Income From Continuing Ops 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.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Reliance Net Income From Continuing Ops Regression Statistics

Arithmetic Mean663,296,190
Geometric Mean537,236,627
Coefficient Of Variation73.61
Mean Deviation362,148,387
Median408,300,000
Standard Deviation488,219,871
Sample Variance238358.6T
Range1.6B
R-Value0.73
Mean Square Error120258.1T
R-Squared0.53
Significance0
Slope79,589,693
Total Sum of Squares3337021T

Reliance Net Income From Continuing Ops History

2024724.8 M
20231.3 B
20221.8 B
20211.4 B
2020372.4 M
2019706.1 M
2018641.8 M

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Net Income From Continuing Ops, 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 Income From Continuing Ops1.3 B724.8 M

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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.