Russel Metals (Russel Metals) Gross-Profit-to-Asset % : 36.71% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Russel Metals Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Russel Metals's annualized Gross Profit for the quarter that ended in Mar. 2024 was $703 Mil. Russel Metals's average Total Assets over the quarter that ended in Mar. 2024 was $1,915 Mil. Therefore, Russel Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 36.71%.

Russel Metals Gross-Profit-to-Asset % Historical Data

The historical data trend for Russel Metals's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Russel Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

31.90

29.91

62.02

45.40

38.73

Russel Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															40.39	42.36	33.69	33.50	36.71

Competitive Comparison of Russel Metals's Gross-Profit-to-Asset %

For the Industrial Distribution subindustry, Russel Metals's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Russel Metals's Gross-Profit-to-Asset % falls into.

Russel Metals Gross-Profit-to-Asset % Calculation

Russel Metals's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	728.235	/	( (1845.344	+	1915.698)	/ 2 )
	=	728.235	/	1880.521
	=	38.73 %

Russel Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	703.016	/	( (1915.698	+	1913.933)	/ 2 )
	=	703.016	/	1914.8155
	=	36.71 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Russel Metals Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Russel Metals's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Russel Metals (Russel Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Russel Metals Inc (OTCPK:RUSMF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

RMZ:Germany RUS:Canada

Address

6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6

Website

https://www.russelmetals.com

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily 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. The company generates all of its revenue from the North American market.