RS Q4 2023 Earnings — Reliance Steel & Aluminum Co. Revenue & Financial Results | Market Cap Arena

RSReliance Steel & Aluminum Co.

$16B

Q4 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$3.3B-7.6% YoY

Gross Profit

$959M28.7% margin

Operating Income

$325M9.7% margin

Net Income

$273M8.2% margin

EPS (Diluted)

$4.70

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$526M

Free Cash Flow

$415M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$2.7B

Stockholders' Equity

$7.7B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.6B	-7.6%
Gross Profit	$959M	$1.1B	-10.3%
Operating Income	$325M	$455M	-28.5%
Net Income	$273M	$351M	-22.2%

Revenue Segments

Carbon steel

$3.8B61%

Aluminum

$1.1B19%

Stainless steel

$1.1B17%

Other and eliminations

$164M3%