Russel Operating Income from 2010 to 2026
| RUS Stock | CAD 47.73 0.55 1.17% |
Operating Income | First Reported 1993-03-31 | Previous Quarter 51.3 M | Current Value 44.4 M | Quarterly Volatility 40.7 M |
Check Russel Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Russel Metals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.7 M, Interest Expense of 17.5 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0407 or PTB Ratio of 1.06. Russel financial statements analysis is a perfect complement when working with Russel Metals Valuation or Volatility modules.
Russel | Operating Income |
Evaluating Russel Metals's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Russel Metals's fundamental strength.
Latest Russel Metals' Operating Income Growth Pattern
Below is the plot of the Operating Income of Russel Metals over the last few years. Operating Income is the amount of profit realized from Russel Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Russel Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Russel Metals' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Russel Metals' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Russel Operating Income Regression Statistics
| Arithmetic Mean | 236,160,953 | |
| Geometric Mean | 177,792,947 | |
| Coefficient Of Variation | 73.38 | |
| Mean Deviation | 126,599,439 | |
| Median | 197,500,000 | |
| Standard Deviation | 173,297,408 | |
| Sample Variance | 30032T | |
| Range | 580.8M | |
| R-Value | 0.48 | |
| Mean Square Error | 24645.9T | |
| R-Squared | 0.23 | |
| Significance | 0.05 | |
| Slope | 16,481,102 | |
| Total Sum of Squares | 480511.9T |
Russel Operating Income History
About Russel Metals Financial Statements
Russel Metals investors utilize fundamental indicators, such as Operating Income, to predict how Russel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 239.2 M | 189.5 M |
Pair Trading with Russel Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Russel Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
Moving against Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Russel Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Russel Metals to buy it.
The correlation of Russel Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Russel Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russel with respect to the benefits of owning Russel Metals security.