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 serves a variety of industries, including general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, and heavy industry.

TypePublic
Founded1939
HQLos Angeles, CA, US
Websitersac.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2020)12,800(-16%)
Job Openings112
Revenue (FY, 2020)$8.8 B(-19%)
Share Price (Nov 2021)$166.8
Cybersecurity ratingDMore
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Key People/Management at Reliance Steel & Aluminum

James D. Hoffman

James D. Hoffman

Chief Executive Officer, Director
Karla R. Lewis

Karla R. Lewis

President
William K. Sales

William K. Sales

Executive Vice President, Operations
Stephen P. Koch

Stephen P. Koch

Senior Vice President, Operations
Sean M. Mollins

Sean M. Mollins

Senior Vice President, Operations
Michael P. Shanley

Michael P. Shanley

Senior Vice President, Operations
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Reliance Steel & Aluminum Office Locations

Reliance Steel & Aluminum has offices in Los Angeles, Phoenix, Pico Rivera, Salt Lake City and in 4 other locations
Los Angeles, CA, US (HQ)
350 S Grand Ave
Phoenix, AZ, US
301 S 26th St
Pico Rivera, CA, US
7925 Crossway Dr
Salt Lake City, UT, US
4355 W 1730 S
Vernon, CA, US
2537 E 27th St
Prince George, CA
2266 Nicholson St S
Show all (8)

Reliance Steel & Aluminum Financials and Metrics

Reliance Steel & Aluminum Revenue

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View revenue for all periods
Reliance Steel & Aluminum's revenue was reported to be $8.81 b in FY, 2020 which is a 19.7% decrease from the previous period.
USD

Revenue (Q3, 2021)

3.8b

Gross profit (Q3, 2021)

1.2b

Gross profit margin (Q3, 2021), %

31.5%

Net income (Q3, 2021)

396.7m

EBIT (Q3, 2021)

547.6m

Market capitalization (12-Nov-2021)

10.6b

Closing stock price (12-Nov-2021)

166.8

Cash (30-Sept-2021)

638.4m

EV

11.8b
Reliance Steel & Aluminum's current market capitalization is $10.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

11.5b11.0b8.8b

Revenue growth, %

19%(5%)(20%)

Cost of goods sold

8.3b7.6b6.0b

Gross profit

3.3b3.3b2.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

3.0b2.9b2.7b2.6b2.0b2.1b2.8b3.4b3.8b

Cost of goods sold

2.1b2.0b1.9b1.8b1.4b14.1b1.9b2.3b2.6b

Gross profit

866.9m853.6m814.7m780.7m614.7m(12.0b)953.7m1.1b1.2b

Gross profit Margin, %

29%30%30%30%30%(576%)34%32%31%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

128.2m174.3m683.5m

Accounts Receivable

1.2b1.1b926.3m

Inventories

1.8b1.6b1.4b

Current Assets

3.3b3.0b3.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

133.6m141.5m166.0m172.1m222.7m591.6m760.3m727.6m638.4m

Accounts Receivable

1.4b1.4b1.3b1.2b922.5m943.9m1.3b1.5b1.7b

Inventories

1.9b1.8b1.7b1.6b1.5b1.4b1.5b1.6b1.9b

Current Assets

3.6b3.4b3.2b3.1b2.7b3.0b3.6b3.9b4.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

641.8m706.1m372.4m

Depreciation and Amortization

215.2m219.3m227.3m

Inventories

(88.8m)211.8m227.5m

Accounts Payable

(10.6m)(142.5m)(43.4m)
Quarterly
USDFY, 2018

EV/EBIT

7.3 x

EV/CFO

10.3 x

Revenue/Employee

739.4k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x

P/E Ratio

8.0
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Reliance Steel & Aluminum Operating Metrics

Reliance Steel & Aluminum's Customers was reported to be 125 k in FY, 2020. Reliance Steel & Aluminum's Orders was reported to be 4.6 m in FY, 2020.
FY, 2018FY, 2019FY, 2020

Metal Products

100 k100 k100 k

Customers

125 k125 k125 k

$25m+ Enterprise Customers

262613

Orders

5.42 m5.24 m4.6 m
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Reliance Steel & Aluminum Acquisitions / Subsidiaries

Company NameDateDeal Size
Merfish UnitedOctober 01, 2021
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
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Reliance Steel & Aluminum Revenue Breakdown

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Reliance Steel & Aluminum revenue breakdown by business segment: 52.7% from Carbon Steel, 19.2% from Aluminum, 16.3% from Stainless Steel and 11.8% from Other

Reliance Steel & Aluminum revenue breakdown by geographic segment: 92.8% from United States and 7.2% from Foreign Countries

Reliance Steel & Aluminum Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

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

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Reliance Steel & Aluminum Online and Social Media Presence

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Reliance Steel & Aluminum News and Updates

Reliance Steel & Aluminum Co. Announces Participation at the Goldman Sachs Global Metals & Mining Conference

LOS ANGELES, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, Chief Executive Officer, Karla Lewis, President, and Arthur Ajemyan, Vice President and Chief Financial Officer, will participate in the Goldman Sachs Global Metals &…

Reliance Steel & Aluminum Co. Announces Participation at the Goldman Sachs Global Metals & Mining Conference

Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, Chief Executive Officer, Karla Lewis, President, and Arthur Ajemyan, Vice President and Chief Financial Officer, will participate in the Goldman Sachs Global Metals & Mining Conference on Thursday, November 18, 2021…

Reliance Steel & Aluminum Co. Reports Record Third Quarter 2021 Financial Results

- Record quarterly net sales of $3.85 billion- Record quarterly gross profit of $1.21 billion driven by strong gross profit margin of 31.5%- LIFO expense of $262.5 million or $3.06 per diluted share- Record quarterly pretax income of $532.6 million and record pretax income margin of 13.8%- Record qu…

Reliance Steel & Aluminum Co. Reports Record Third Quarter 2021 Financial Results

Reliance Steel & Aluminum Co. (NYSE: RS) today reported its financial results for the third quarter ended September 30, 2021.

Reliance Steel & Aluminum Co. To Announce Third Quarter 2021 Results on Thursday, October 28th

LOS ANGELES, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter 2021 financial results for the period ended September 30, 2021, on Thursday, October 28, 2021, at 6:50 a.m. Eastern Time. Reliance management will host a con…

Reliance Steel & Aluminum Co. Announces Appointment of Frank J. Dellaquila to Board of Directors

LOS ANGELES, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today announced the appointment of Frank J. Dellaquila, 64, to serve as an independent director. Mr. Dellaquila’s term took effect on October 5, 2021 and will expire at the 2022 Annual Meeting of Stockholde…
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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 12,800 employees.

  • What is Reliance Steel & Aluminum revenue?

    Latest Reliance Steel & Aluminum annual revenue is $8.8 b.

  • What is Reliance Steel & Aluminum revenue per employee?

    Latest Reliance Steel & Aluminum revenue per employee is $688.4 k.

  • Who are Reliance Steel & Aluminum competitors?

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

  • 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, Phoenix, Pico Rivera, Salt Lake City and in 4 other locations.

  • How many offices does Reliance Steel & Aluminum have?

    Reliance Steel & Aluminum has 8 offices.