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Russel Metals (Russel Metals) Net Margin % : 4.63% (As of Dec. 2023)


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What is Russel Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Russel Metals's Net Income for the three months ended in Dec. 2023 was $35 Mil. Russel Metals's Revenue for the three months ended in Dec. 2023 was $760 Mil. Therefore, Russel Metals's net margin for the quarter that ended in Dec. 2023 was 4.63%.

The historical rank and industry rank for Russel Metals's Net Margin % or its related term are showing as below:

RUSMF' s Net Margin % Range Over the Past 10 Years
Min: -2.82   Med: 3.48   Max: 10.27
Current: 5.92


RUSMF's Net Margin % is ranked better than
69.44% of 144 companies
in the Industrial Distribution industry
Industry Median: 4.13 vs RUSMF: 5.92

Russel Metals Net Margin % Historical Data

The historical data trend for Russel Metals's Net Margin % 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 Net Margin % Chart

Russel Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 0.91 10.27 7.33 5.92

Russel Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 5.26 6.23 7.15 5.46 4.63

Competitive Comparison of Russel Metals's Net Margin %

For the Industrial Distribution subindustry, Russel Metals's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Net Margin % distribution charts can be found below:

* The bar in red indicates where Russel Metals's Net Margin % falls into.



Russel Metals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Russel Metals's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=198.792/3358.005
=5.92 %

Russel Metals's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=35.182/759.764
=4.63 %

* 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  (OTCPK:RUSMF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Russel Metals Net Margin % Related Terms

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Russel Metals (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 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.