RSReliance Steel & Aluminum Co.

$16B

Q1 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.0B-11.6% YoY

Gross Profit

$1.2B29.4% margin

Operating Income

$514M13.0% margin

Net Income

$383M9.7% margin

EPS (Diluted)

$6.43

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$385M

Free Cash Flow

$282M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$10.2B

Total Liabilities

$2.8B

Stockholders' Equity

$7.3B

Cash & Equivalents

$816M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.5B	-11.6%
Gross Profit	$1.2B	$1.3B	-12.3%
Operating Income	$514M	$716M	-28.3%
Net Income	$383M	$523M	-26.8%

Revenue Segments

Carbon steel

$2.1B60%

Aluminum

$670M19%

Stainless steel

$657M19%

Other and eliminations

$81M2%

RS Q1 2023 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena