RS Q1 2022 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena

RSReliance Steel & Aluminum Co.

$16B

Q1 2022 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.5B+58.0% YoY

Gross Profit

$1.3B29.6% margin

Operating Income

$716M16.0% margin

Net Income

$523M11.7% margin

EPS (Diluted)

$8.33

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$404M

Free Cash Flow

$337M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$3.6B

Stockholders' Equity

$6.5B

Cash & Equivalents

$548M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$2.8B	+58.0%
Gross Profit	$1.3B	$897M	+48.1%
Operating Income	$716M	$378M	+89.2%
Net Income	$523M	$267M	+96.1%

Revenue Segments

Carbon steel

$2.5B57%

Stainless steel

$765M17%

Aluminum

$693M15%

Alloy steel

$184M4%

Other.

$162M4%

Toll processing

$135M3%