OverviewSuggest Edit

Reliance Steel & Aluminum is a company that provides value-added metals processing services and distributes metal products. Its products include galvanized, hot-rolled, and cold-finished steel, stainless steel, aluminum, brass, copper, titanium, and alloy steel. The company provides cutting to length, blanking, slitting, burning, plasma burning, precision plate sawing, sawing, shearing services.

TypePublic
Founded1939
HQLos Angeles, CA, US
Websitersac.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)15,300(-1%)
Revenue (FY, 2019)$11 B(-4%)
Share Price (Jan 2021)$127.6 (-3%)
Cybersecurity ratingCMore

Key People/Management at Reliance Steel & Aluminum

James D. Hoffman

James D. Hoffman

President & Chief Executive Officer, Director
Karla R. Lewis

Karla R. Lewis

Senior Executive Vice President & Chief Financial Officer
William K. Sales

William K. Sales

Executive Vice President, Operations
Stephen P. Koch

Stephen P. Koch

Senior Vice President, Operations
Michael P. Shanley

Michael P. Shanley

Senior Vice President, Operations
Mark V. Kaminski

Mark V. Kaminski

Chairman of the Board
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Reliance Steel & Aluminum Office Locations

Reliance Steel & Aluminum has offices in Los Angeles and Vernon
Los Angeles, CA, US (HQ)
350 S Grand Ave
Vernon, CA, US
2537 E 27th St
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Reliance Steel & Aluminum Financials and Metrics

Reliance Steel & Aluminum Revenue

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Reliance Steel & Aluminum's revenue was reported to be $10.97 b in FY, 2019 which is a 4.9% decrease from the previous period.
USD

Revenue (Q3, 2020)

2.1b

Net income (Q3, 2020)

98.3m

EBIT (Q3, 2020)

160.5m

Market capitalization (15-Jan-2021)

8.1b

Closing stock price (15-Jan-2021)

127.6

Cash (30-Sept-2020)

591.6m

EV

9.4b
Reliance Steel & Aluminum's current market capitalization is $8.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

9.7b11.5b11.0b

Revenue growth, %

13%19%(5%)

Cost of goods sold

6.9b8.3b7.6b

Gross profit

2.8b3.3b3.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.8b3.0b3.0b3.0b2.9b2.7b2.6b2.0b2.1b

Cost of goods sold

1.9b2.1b2.1b2.1b2.0b1.9b1.8b1.4b

Gross profit

819.9m917.5m834.3m866.9m853.6m814.7m780.7m614.7m

Gross profit Margin, %

30%31%28%29%30%30%30%30%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

154.4m128.2m174.3m

Accounts Receivable

1.1b1.2b1.1b

Inventories

1.7b1.8b1.6b

Current Assets

3.1b3.3b3.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

145.4m124.3m112.1m133.6m141.5m166.0m172.1m222.7m591.6m

Accounts Receivable

1.3b1.4b1.4b1.4b1.4b1.3b1.2b922.5m943.9m

Inventories

1.9b2.1b2.1b1.9b1.8b1.7b1.6b1.5b

Current Assets

3.4b3.6b3.7b3.6b3.4b3.2b3.1b2.7b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

621.0m641.8m706.1m

Depreciation and Amortization

218.4m215.2m219.3m

Inventories

(186.6m)(88.8m)211.8m

Accounts Payable

34.2m(10.6m)(142.5m)
Quarterly
USDFY, 2017

EV/EBIT

12.1 x

EV/CFO

20.1 x

Revenue/Employee

652.4k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

P/E Ratio

10.1
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Reliance Steel & Aluminum Operating Metrics

Reliance Steel & Aluminum's Customers was reported to be 125 k in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Metal Products

100 k100 k100 k100 k

Customers

125 k125 k125 k125 k

$25m+ Enterprise Customers

20 23 26 26

Transactions

5.54 m5.57 m5.42 m5.24 m
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Reliance Steel & Aluminum Acquisitions / Subsidiaries

Company NameDateDeal Size
Fry SteelDecember 31, 2019
All Metals HoldingNovember 02, 2018
KMS FabAugust 01, 2018
KMS SouthAugust 01, 2018
DuBose National Energy Fasteners & Machined PartsMarch 02, 2018
DuBose National Energy ServicesMarch 02, 2018
Ferguson Perforating CompanyOctober 02, 2017
Alaska Steel CompanyAugust 02, 2016
Tubular SteelJanuary 05, 2016
Fox Metals And AlloysDecember 02, 2014
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Reliance Steel & Aluminum Revenue Breakdown

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Reliance Steel & Aluminum revenue breakdown by business segment: 5.9% from Alloy, 14.4% from Stainless Steel, 19.6% from Aluminum, 52.8% from Carbon Steel and 7.3% from Other

Reliance Steel & Aluminum revenue breakdown by geographic segment: 44.3% from Foreign Countries and 55.7% from United States

Reliance Steel & Aluminum Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Reliance Steel & Aluminum Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Reliance Steel & Aluminum Online and Social Media Presence

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Reliance Steel & Aluminum News and Updates

Reliance Steel & Aluminum Co. Announces Director Succession and Leadership Promotions

− Karla Lewis appointed to Board of Directors and promoted to President− Arthur Ajemyan promoted to Vice President, Chief Financial Officer− David Hannah retiring from Board of Directors at 2021 Annual Meeting of Stockholders

Reliance Steel & Aluminum Co. Reports Third Quarter 2020 Financial Results

- Record gross profit margin of 32.4%- EPS of $1.51, non-GAAP EPS of $1.87- Pretax income of $127.0 million, non-GAAP pretax income of $158.0 million- Generated cash flow from operations of $296.3 million- Declared quarterly dividend of $0.625 per share

Reliance Steel & Aluminum Co. to Announce Third Quarter 2020 Results on Thursday, October 22nd

LOS ANGELES, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter 2020 financial results for the period ended September 30, 2020, on Thursday, October 22, 2020, at 6:50 a.m. Eastern Time. Reliance management will host a con…

Reliance Steel & Aluminum Co. Announces Participation at the Morgan Stanley Virtual 8th Annual Laguna Conference

LOS ANGELES, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, President and Chief Executive Officer, and Karla Lewis, Senior Executive Vice President and Chief Financial Officer, will participate in the Morgan Stanley Virtual 8th A…

Reliance Steel & Aluminum Co. Announces Participation at the Jefferies Virtual Industrials Conference

LOS ANGELES, July 29, 2020 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, President and Chief Executive Officer, and Karla Lewis, Senior Executive Vice President and Chief Financial Officer, will participate in the Jefferies Virtual Industrials…

Reliance Steel & Aluminum Co. Reports Second Quarter 2020 Financial Results

- Strong gross profit margin of 30.4%- EPS of $1.24, non-GAAP EPS of $1.36- Generated cash flow from operations of $475.7 million- Declared quarterly dividend of $0.625 per share
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Reliance Steel & Aluminum Blogs

Mark Kaminski

Mark Kaminski renanjeff.lila… Tue, 10/22/2019 - 13:39 Member of the Audit Committee Mark V. Kaminski Chairman of the Board Mark V. Kaminski was appointed to Reliance’s board of directors in November 2004. He was chief executive officer an…

James D. Hoffman

James D. Hoffman renanjeff.lila… Mon, 10/21/2019 - 20:12 James D. Hoffman Director Growing up in Pittsburgh, home of the American steel industry, Jim Hoffman practically had steel in his veins. Summer jobs in local steel mills were the norm, yet this experience,…

Lisa Baldwin

Lisa Baldwin ronahritzell.a… Fri, 10/04/2019 - 18:03 Member of the Audit Committee Lisa Baldwin Director Independent Director

Reliance Steel & Aluminum Co. to Announce Second Quarter 2019 Results on Thursday, July 25th

Reliance Steel & Aluminum Co. to Announce Second Quarter 2019 Results on Thursday, July 25th Content Import Thu, 07/25/2019 - 14:11 Reliance Steel & Aluminum Co. to Announce Second Quarter 2019 Results on Thursday, July 25th This relea…

Reliance Steel & Aluminum Co. Reports Second Quarter 2019 Financial Results

Strong gross profit margin of 29.6% drove third highest gross profit dollars in Company’s history of $853.6 million EPS of $2.69 , Non-GAAP EPS of $2.71 , third highest in Company’s history Generated significant cash flow from operations of $346.0 million Repurchased $50.0 million of Reliance

Reliance Steel & Aluminum Frequently Asked Questions

  • When was Reliance Steel & Aluminum founded?

    Reliance Steel & Aluminum was founded in 1939.

  • Who are Reliance Steel & Aluminum key executives?

    Reliance Steel & Aluminum's key executives are James D. Hoffman, Karla R. Lewis and William K. Sales.

  • How many employees does Reliance Steel & Aluminum have?

    Reliance Steel & Aluminum has 15,300 employees.

  • What is Reliance Steel & Aluminum revenue?

    Latest Reliance Steel & Aluminum annual revenue is $11 b.

  • What is Reliance Steel & Aluminum revenue per employee?

    Latest Reliance Steel & Aluminum revenue per employee is $717.2 k.

  • Who are Reliance Steel & Aluminum competitors?

    Competitors of Reliance Steel & Aluminum include Alcoa, Commercial Metals and JSW Steel.

  • Where is Reliance Steel & Aluminum headquarters?

    Reliance Steel & Aluminum headquarters is located at 350 S Grand Ave, Los Angeles.

  • Where are Reliance Steel & Aluminum offices?

    Reliance Steel & Aluminum has offices in Los Angeles and Vernon.

  • How many offices does Reliance Steel & Aluminum have?

    Reliance Steel & Aluminum has 2 offices.