Russel MetalsRUSMF -6.91%79 Interest Coverage is 8.65 as of Mar. 2026, which is 7% below its 10-year median of 9.28. GuruFocus rates RUSMF with a GF Score™ of 79/100 and a GF Value™ of $36.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 133 Industrial Distribution companies, Russel Metals ranks better than 57.14% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Russel Metals's
Operating Income
for the
three
months ended in Mar. 2026 was $45 Mil. Russel Metals's Interest Expense for the
three
months ended in Mar. 2026 was $-5 Mil.
Russel Metals's interest coverage for the quarter that ended in Mar. 2026 was 8.65.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Russel Metals's Interest Coverage or its related term are showing as below:
RUSMF'
s Interest Coverage Range Over the Past 10 Years
Min: 2.49 Med: 9.28 Max: 22.9
Current: 8.48
RUSMF's Interest Coverage is ranked better than 57.14% of 133
companies
in the Industrial Distribution industry
Industry Median: 6.22
vs RUSMF: 8.48
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Russel Metals Interest Coverage Related Terms
Russel Metals Interest Coverage Historical Data
* Premium members only.
The historical data trend for Russel Metals's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
RUSMF vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, Russel Metals's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Russel Metals's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (RUSMF) has a Interest Coverage of 8.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Russel Metals and its competitors. This is near median its historical median of 9.28. Over the past decade, Russel Metals' Interest Coverage has ranged from 2.49 to 22.90. According to the industry distribution chart, Russel Metals ranks #57 out of 133 companies in the Industrial Distribution industry, placing it in the top 42.9%.
Is Russel Metals' Interest Coverage too high?
Russel Metals' current Interest Coverage of 8.65 is near median its 10-year median of 9.28. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 22.90. The Industrial Distribution industry median Interest Coverage is 6.22. Russel Metals' value of 8.65 is 39.1% above this industry median. Based on the distribution chart, Russel Metals ranks #57 out of 133 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #57 out of 133 companies for Interest Coverage. This puts Russel Metals in the upper half of its industry. The industry median Interest Coverage is 6.22. Russel Metals' value of 8.65 is 39.1% above this benchmark. Historically, Russel Metals' own Interest Coverage has ranged from 2.49 to 22.90 over the past decade. While the company's 10-year median is 9.28 vs. the industry median of 6.22, Russel Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.22, based on 133 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Russel Metals's current Interest Coverage of 8.65 is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Russel Metals and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current Interest Coverage is 8.65, which is near median its own 10-year median of 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (RUSMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.59, compared to a current price of $41.89 — trading 14.5% above its estimated fair value. The current Interest Coverage is 8.65, which is near median its 10-year median of 9.28 and 39.1% above the Industrial Distribution industry median of 6.22. Russel Metals' overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Russel Metals (RUSMF), the current Interest Coverage is 8.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Russel Metals (RUSMF) Overvalued in 2026?
Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued.
The current stock price of $41.89 is trading 14.5% above its estimated GF Value™ of $36.59.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for RUSMF:
Interest Coverage: 8.65 (near median its 10-year median of 9.28)
GF Value™: $36.59 vs. price of $41.89 (14.5% above fair value)
Industry Position: 39.1% above the Industrial Distribution median (#57 of 133)
No single metric tells the full story. See the RUSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score
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