Reliance Steel & Aluminum Co (RS) Files 10-K for the Fiscal Year Ended on December 31, 2018

Reliance Steel & Aluminum Co (RS, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Reliance Steel & Aluminum Co is engaged in providing metal processing and inventory management services for carbon and stainless steel, aluminum, alloys, brass and copper, and titanium. Reliance Steel & Aluminum Co has a market cap of $6.04 billion; its shares were traded at around $90.24 with a P/E ratio of 10.34 and P/S ratio of 0.58. The dividend yield of Reliance Steel & Aluminum Co stocks is 2.21%. Reliance Steel & Aluminum Co had annual average EBITDA growth of 5.90% over the past ten years. GuruFocus rated Reliance Steel & Aluminum Co the business predictability rank of 3-star.

For the last quarter Reliance Steel & Aluminum Co reported a revenue of $2.8 billion, compared with the revenue of $2.4 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $11.5 billion, an increase of 18.7% from last year. For the last five years Reliance Steel & Aluminum Co had an average revenue growth rate of 2.4% a year.

The reported diluted earnings per share was $8.75 for the year, an increase of 4.9% from previous year. Over the last five years Reliance Steel & Aluminum Co had an EPS growth rate of 16.8% a year. The Reliance Steel & Aluminum Co had an operating margin of 8.45%, compared with the operating margin of 6.76% a year before. The 10-year historical median operating margin of Reliance Steel & Aluminum Co is 6.42%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Reliance Steel & Aluminum Co has the cash and cash equivalents of $128.2 million, compared with $154.4 million in the previous year. The long term debt was $2.1 billion, compared with $1.8 billion in the previous year. The interest coverage to the debt is at a comfortable level of 11.3. Reliance Steel & Aluminum Co has a financial strength rank of 6 (out of 10).

At the current stock price of $90.24, Reliance Steel & Aluminum Co is traded at close to its historical median P/S valuation band of $89.17. The P/S ratio of the stock is 0.58, while the historical median P/S ratio is 0.56. The intrinsic value of the stock is $111.45 a share, according to GuruFocus DCF Calculator. The stock lost 1.3% during the past 12 months.

Directors and Officers Recent Trades:

  • Director David H Hannah sold 25,000 shares of RS stock on 02/20/2019 at the average price of $85.51. The price of the stock has increased by 5.53% since.

For the complete 20-year historical financial data of RS, click here.