RS Q3 2023 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena

RSReliance Steel & Aluminum Co.

$16B

Q3 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$3.6B-14.7% YoY

Gross Profit

$1.0B28.1% margin

Operating Income

$390M10.8% margin

Net Income

$295M8.1% margin

EPS (Diluted)

$4.99

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$466M

Free Cash Flow

$341M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$2.8B

Stockholders' Equity

$7.7B

Cash & Equivalents

$977M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$4.2B	-14.7%
Gross Profit	$1.0B	$1.2B	-13.8%
Operating Income	$390M	$549M	-29.0%
Net Income	$295M	$394M	-25.0%

Revenue Segments

Carbon steel

$2.0B62%

Aluminum

$593M18%

Stainless steel

$558M17%

Other and eliminations

$75M2%