RS Q2 2022 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena

RSReliance Steel & Aluminum Co.

$16B

Q2 2022 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.7B+36.9% YoY

Gross Profit

$1.4B30.7% margin

Operating Income

$788M16.8% margin

Net Income

$573M12.2% margin

EPS (Diluted)

$9.15

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$270M

Free Cash Flow

$183M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$3.5B

Stockholders' Equity

$6.9B

Cash & Equivalents

$505M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$3.4B	+36.9%
Gross Profit	$1.4B	$1.0B	+40.3%
Operating Income	$788M	$460M	+71.0%
Net Income	$573M	$329M	+74.1%

Revenue Segments

Carbon steel

$2.6B56%

Stainless steel

$807M17%

Aluminum

$717M15%

Alloy steel

$197M4%

Other.

$195M4%

Toll processing

$140M3%