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Russel Metals (TSX:RUS) EBIT : C$237 Mil (TTM As of Dec. 2024)


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What is Russel Metals EBIT?

Russel Metals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$237 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Russel Metals's annualized ROC % for the quarter that ended in Dec. 2024 was 6.74%. Russel Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Russel Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 9.83%.


Russel Metals EBIT Historical Data

The historical data trend for Russel Metals's EBIT 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.

Russel Metals EBIT Chart

Russel Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.60 606.40 515.00 377.50 221.80

Russel Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.70 73.70 72.50 50.60 39.70

Competitive Comparison of Russel Metals's EBIT

For the Industrial Distribution subindustry, Russel Metals's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Russel Metals's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Russel Metals's EV-to-EBIT falls into.



Russel Metals EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$237 Mil.

* 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.


Russel Metals  (TSX:RUS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Russel Metals's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=162 * ( 1 - 24.65% )/( (1762.5 + 1858.3)/ 2 )
=122.067/1810.4
=6.74 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Russel Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=158.8/( ( (558.3 + max(1015.6, 0)) + (649.4 + max(996.4, 0)) )/ 2 )
=158.8/( ( 1573.9 + 1645.8 )/ 2 )
=158.8/1609.85
=9.86 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.4 + 924.2 + 24.2) - (499.2 + 0 + 0)
=1015.6

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(490.4 + 919.8 + 29) - (442.8 + 0 + 0)
=996.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Russel Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=236.5/2405.100
=9.83 %

* 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.


Russel Metals EBIT Related Terms

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Russel Metals Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business through three metals distribution segments: Metals Service Centers; Energy Field Stores; and Steel Distributors. The Metal Service Centers provide processing and distribution services to a broad base of end-users. The Energy Field Stores segment distributes oil country tubular goods, line pipes, tubes, valves, and fittings, to the energy industry in Western Canada and the U.S. The Steel Distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. It generates the majority of its revenue from the Metals Service Centers segment and geographically majority of revenue comes from Canada.
Executives
Brian Robie Hedges Director
Stewart Burton Director
William Michael O'reilly Director
Daniel Bailey Senior Officer
Cynthia Johnston Director
Martin Leb Juravsky Senior Officer
Sherri Lynn Mckelvey Senior Officer
Lesley Margaret Seppings Coleman Senior Officer
John Gregory Reid Senior Officer
Gregg Edward Bryant Senior Officer
Maureen Ann Kelly Senior Officer
Roger Paiva Director
Alice D. Laberge Director
James Francis Dinning Director
Annie Thabet Director

Russel Metals Headlines

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