Reliance Retained Earnings Total Equity from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Retained Earnings Total Equity yearly trend continues to be comparatively stable with very little volatility. Retained Earnings Total Equity will likely drop to about 4.3 B in 2024. Retained Earnings Total Equity is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. View All Fundamentals
 
Retained Earnings Total Equity  
First Reported
2010-06-30
Previous Quarter
7.4 B
Current Value
7.7 B
Quarterly Volatility
1.5 B
 
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 Retained Earnings Total Equity Growth Pattern

Below is the plot of the Retained Earnings Total Equity of Reliance Steel Aluminum over the last few years. It is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. Reliance Steel's Retained Earnings Total Equity 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.
Retained Earnings Total Equity10 Years Trend
Slightly volatile
   Retained Earnings Total Equity   
       Timeline  

Reliance Retained Earnings Total Equity Regression Statistics

Arithmetic Mean4,257,454,653
Geometric Mean4,027,440,682
Coefficient Of Variation34.22
Mean Deviation1,182,008,944
Median4,144,100,000
Standard Deviation1,456,785,899
Sample Variance2122225.2T
Range4.9B
R-Value0.89
Mean Square Error488324.4T
R-Squared0.79
Significance0.000011
Slope288,858,191
Total Sum of Squares29711152.2T

Reliance Retained Earnings Total Equity History

20244.3 B
20237.1 B
20216.2 B
20205.2 B
20195.2 B
20184.6 B
20174.1 B

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Retained Earnings Total Equity, 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
Retained Earnings Total Equity7.1 B4.3 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.