Reliance Operating Income from 2010 to 2024

RS Stock  USD 268.47  11.60  4.14%   
Reliance Steel Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Reliance Steel Aluminum generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1993-03-31
Previous Quarter
351.7 M
Current Value
273.4 M
Quarterly Volatility
157.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0105 or PTB Ratio of 1.13. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Operating Income Growth Pattern

Below is the plot of the Operating Income of Reliance Steel Aluminum over the last few years. Operating Income is the amount of profit realized from Reliance Steel Aluminum operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Reliance Steel Aluminum is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Reliance Steel's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Steel's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Reliance Operating Income Regression Statistics

Arithmetic Mean978,585,000
Geometric Mean685,223,590
Coefficient Of Variation70.98
Mean Deviation552,313,333
Median659,200,000
Standard Deviation694,644,993
Sample Variance482531.7T
Range2.5B
R-Value0.82
Mean Square Error169616.4T
R-Squared0.67
Significance0.0002
Slope127,481,518
Total Sum of Squares6755443.3T

Reliance Operating Income History

20241.8 B
20231.7 B
20222.5 B
20211.9 B
2020565.8 M
2019B
2018937.5 M

Other Fundumenentals of Reliance Steel Aluminum

Reliance Steel Operating Income component correlations

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0.96-0.170.990.680.930.450.980.330.43-0.510.170.720.770.770.880.2-0.1-0.73-0.85-0.030.790.810.78-0.77
0.1-0.17-0.240.280.080.76-0.09-0.040.760.570.870.440.240.32-0.60.740.69-0.240.130.06-0.67-0.58-0.560.53
0.930.99-0.240.630.90.370.960.330.33-0.630.10.680.750.690.920.13-0.2-0.74-0.9-0.040.830.840.81-0.82
0.760.680.280.630.830.750.740.270.7-0.130.420.840.850.720.410.270.09-0.53-0.570.050.270.50.53-0.41
0.950.930.080.90.830.630.970.340.59-0.370.360.780.80.790.720.340.04-0.71-0.780.020.580.720.7-0.64
0.660.450.760.370.750.630.520.290.970.220.830.880.780.74-0.010.680.61-0.61-0.380.16-0.080.040.05-0.06
0.970.98-0.090.960.740.970.520.360.49-0.450.250.740.790.780.830.26-0.03-0.72-0.820.030.750.80.78-0.74
0.340.33-0.040.330.270.340.290.360.23-0.2-0.150.370.40.180.26-0.270.18-0.38-0.350.910.310.390.33-0.28
0.650.430.760.330.70.590.970.490.230.360.820.830.720.8-0.040.670.64-0.55-0.280.13-0.1-0.02-0.010.04
-0.34-0.510.57-0.63-0.13-0.370.22-0.45-0.20.360.38-0.18-0.280.04-0.750.30.650.40.760.09-0.65-0.68-0.660.77
0.410.170.870.10.420.360.830.25-0.150.820.380.590.420.54-0.260.950.62-0.46-0.14-0.17-0.31-0.3-0.280.22
0.840.720.440.680.840.780.880.740.370.83-0.180.590.960.780.370.450.29-0.79-0.720.10.260.370.38-0.4
0.840.770.240.750.850.80.780.790.40.72-0.280.420.960.720.510.30.22-0.74-0.730.110.420.560.59-0.51
0.870.770.320.690.720.790.740.780.180.80.040.540.780.720.410.470.25-0.6-0.5-0.030.360.330.32-0.32
0.720.88-0.60.920.410.72-0.010.830.26-0.04-0.75-0.260.370.510.41-0.16-0.44-0.5-0.79-0.080.940.940.9-0.88
0.40.20.740.130.270.340.680.26-0.270.670.30.950.450.30.47-0.160.55-0.46-0.16-0.3-0.2-0.24-0.220.17
0.11-0.10.69-0.20.090.040.61-0.030.180.640.650.620.290.220.25-0.440.55-0.140.250.28-0.35-0.33-0.320.35
-0.79-0.73-0.24-0.74-0.53-0.71-0.61-0.72-0.38-0.550.4-0.46-0.79-0.74-0.6-0.5-0.46-0.140.82-0.08-0.4-0.42-0.40.45
-0.81-0.850.13-0.9-0.57-0.78-0.38-0.82-0.35-0.280.76-0.14-0.72-0.73-0.5-0.79-0.160.250.820.03-0.65-0.69-0.660.79
0.01-0.030.06-0.040.050.020.160.030.910.130.09-0.170.10.11-0.03-0.08-0.30.28-0.080.030.020.10.040.08
0.630.79-0.670.830.270.58-0.080.750.31-0.1-0.65-0.310.260.420.360.94-0.2-0.35-0.4-0.650.020.90.88-0.85
0.660.81-0.580.840.50.720.040.80.39-0.02-0.68-0.30.370.560.330.94-0.24-0.33-0.42-0.690.10.90.99-0.84
0.640.78-0.560.810.530.70.050.780.33-0.01-0.66-0.280.380.590.320.9-0.22-0.32-0.4-0.660.040.880.99-0.83
-0.64-0.770.53-0.82-0.41-0.64-0.06-0.74-0.280.040.770.22-0.4-0.51-0.32-0.880.170.350.450.790.08-0.85-0.84-0.83
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About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income1.7 B1.8 B
Non Operating Income Net Other-2.8 M-2.7 M

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Additional Tools for Reliance Stock Analysis

When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.