RS Q3 2024 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena

RSReliance Steel & Aluminum Co.

$16B

Q3 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$3.4B-5.6% YoY

Gross Profit

$938M27.4% margin

Operating Income

$279M8.1% margin

Net Income

$199M5.8% margin

EPS (Diluted)

$3.61

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$464M

Free Cash Flow

$351M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$2.9B

Stockholders' Equity

$7.4B

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.6B	-5.6%
Gross Profit	$938M	$1.0B	-7.7%
Operating Income	$279M	$390M	-28.5%
Net Income	$199M	$295M	-32.5%

Revenue Segments

Carbon steel

$1.9B61%

Aluminum

$576M19%

Stainless steel

$514M17%

Other and eliminations

$83M3%