Reliance Steel & Aluminum Co ROCE %

: 35.27% (As of Jun. 2022)

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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Reliance Steel & Aluminum Co's annualized ROCE % for the quarter that ended in Jun. 2022 was 35.27%.

Reliance Steel & Aluminum Co ROCE % Historical Data

The historical data trend for Reliance Steel & Aluminum Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Steel & Aluminum Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

10.49

13.99

14.70

8.30

25.45

Reliance Steel & Aluminum Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %																23.35	26.95	31.04	32.80	35.27

Reliance Steel & Aluminum Co ROCE % Calculation

Reliance Steel & Aluminum Co's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	2031.3	/	( ( (8106.8 - 613)	+	(9536 - 1065) )	/ 2 )
	=	2031.3	/	( (7493.8	+	8471)	/ 2 )
	=	2031.3	/	7982.4
	=	25.45 %

Reliance Steel & Aluminum Co's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	3112.8	/	( ( (10114.2 - 1198.3)	+	(10402.7 - 1665.6) )	/ 2 )
	=	3112.8	/	( ( 8915.9	+	8737.1 )	/ 2 )
	=	3112.8	/	8826.5
	=	35.27 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

Reliance Steel & Aluminum Co (NYSE:RS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Reliance Steel & Aluminum Co ROCE % Related Terms

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Reliance Steel & Aluminum Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Steel & Aluminum Co (NYSE:RS) » Definitions » ROCE %

Comparable Companies

NYSE:CLF NAS:STLD NYSE:TX NYSE:X NYSE:CMC NAS:SCHN NYSE:TMST NYSE:MSB NAS:ZEUS NAS:HUDI NYSE:NUE XAMS:MT BOM:500228 SHSE:600019 NSE:TATASTEEL SZSE:000708 SHSE:600010 TPE:2002 XKRX:005490 TSE:5401

Traded in Other Exchanges

RS:Mexico RS6:Germany RS6:Germany

Address

350 South Grand Avenue, Suite 5100, Los Angeles, CA, USA, 90071

Website

https://www.rsac.com

Reliance Steel & Aluminum is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. The company provides over 100,000 product types to approximately more than 125,000 customers. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.

Executives

Dellaquila Frank J	director	EMERSON ELECTRIC CO. 8000 W. FLORISSANT AVENUE ST. LOUIS MO 63136
Stotlar Douglas	director	C/O LSC COMMUNICATIONS, INC. 191 N. WACKER DRIVE, SUITE 1400 CHICAGO IL 60606
Seeger David W	director	227 WEST MONROE STREET, SUITE 2600 CHICAGO IL 60606
Baldwin Lisa	director	350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Mcevoy Robert Ambrose	director	350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Figueroa John G.	director	350 SOUTH GRAND AVENUE SUITE 5100 LOS ANGELES CA 90071
Colonias Karen Winifred	director	5956 W. LAS POSITAS BLVD. PLEASANTON CA 94588
Kaminski Mark V	director	C/O COMMONWEALTH INDUSTRIES INC 500 WEST JEFFERSON SUITE 1900 LOUISVILLE KY 40202
Sharkey Andrew G Iii	director	350 S. GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Lewis Karla R	director, officer: President	350 S GRAND AVE STE 5100 LOS ANGELES CA 90071
Sales William K Jr	officer: Special Advisor	RELIANCE STEEL & ALUMINUM CO 350 S. GRAND AVE., SUITE 5100 LOS ANGELES CA 90071
Mollins Sean Michael	officer: SVP, Operations	350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Smith William A Ii	officer: SVP, General Counsel, Corp Sec	350 S. GRAND AVE. SUITE 5100 LOS ANGELES CA 90071
Hoffman James Donald	director, officer: CEO	350 S. GRAND AVE., STE 5100 LOS ANGELES CA 90071
Koch Stephen Paul	officer: Sr. VP, Operations	350 S. GRAND AVE., STE. 5100 LOS ANGELES CA 90071

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Reliance Steel & Aluminum Co ROCE %

Reliance Steel & Aluminum Co ROCE % Historical Data

Reliance Steel & Aluminum Co ROCE % Calculation

Reliance Steel & Aluminum Co ROCE % Related Terms

Reliance Steel & Aluminum Co Business Description

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