Founded in 1939 and headquartered in Los Angeles, California, Reliance Steel & Aluminum Co. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 300 locations in 40 states and 13 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance focuses on small orders with quick turnaround and increasing levels of value-added processing. In 2020, Reliance's average order size was $1,910, approximately 49% of orders included value-added processing and approximately 40% of orders were delivered within 24 hours.

Company profile
Ticker
RS
Exchange
Website
CEO
James Hoffman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Admiral Metals Servicenter Company, Incorporated. • Acero Prime, S. de R.L. de C.V., a limited liability company • Alaska Steel Company • Aleaciones Especiales de Mexico • Allegheny Steel Distributors, Inc. • All Metal Services Limited • All Metal Services India Private Limited, a company limited • All Metal Services Ltd. • All Metal Services (Malaysia) Sdn. Bhd. • All Metals Processing & Logistics, Inc. ...
IRS number
951142616
RS stock data
Calendar
4 Aug 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 504.5M | 504.5M | 504.5M | 504.5M | 504.5M | 504.5M |
Cash burn (monthly) | 14.5M | 18.59M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 20.99M | 26.92M | n/a | n/a | n/a | n/a |
Cash remaining | 483.51M | 477.58M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 33.3 | 25.7 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Aug 22 | Smith William A II | Common Stock | Sell | Dispose S | No | No | 193.02 | 2,954 | 570.18K | 16,314 |
6 Jul 22 | Hoffman James Donald | Common Stock | Sell | Dispose S | No | Yes | 170.51 | 627 | 106.91K | 142,738 |
6 Jul 22 | Hoffman James Donald | Common Stock | Sell | Dispose S | No | Yes | 169.54 | 1,584 | 268.55K | 143,365 |
6 Jul 22 | Hoffman James Donald | Common Stock | Sell | Dispose S | No | Yes | 168.62 | 1,500 | 252.93K | 144,949 |
6 Jul 22 | Hoffman James Donald | Common Stock | Sell | Dispose S | No | Yes | 167.36 | 2,022 | 338.4K | 146,449 |
6 Jul 22 | Hoffman James Donald | Common Stock | Sell | Dispose S | No | Yes | 166.63 | 4,267 | 711.01K | 148,471 |
18 May 22 | Baldwin Lisa | Common Stock | Grant | Acquire A | No | No | 0 | 767 | 0 | 2,971 |
18 May 22 | Colonias Karen Winifred | Common Stock | Grant | Acquire A | No | No | 0 | 767 | 0 | 767 |
Institutional ownership, Q1 2022
79.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 457 |
Opened positions | 80 |
Closed positions | 38 |
Increased positions | 149 |
Reduced positions | 165 |
13F shares | Current |
---|---|
Total value | 9.43B |
Total shares | 50.81M |
Total puts | 112.2K |
Total calls | 200.8K |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.4M | $1.36B |
BLK Blackrock | 6.37M | $1.17B |
STT State Street | 2.55M | $467.52M |
Wellington Management | 2.36M | $433.26M |
Dimensional Fund Advisors | 2.24M | $411.22M |
Victory Capital Management | 2M | $369M |
TROW T. Rowe Price | 1.72M | $315.9M |
Acadian Asset Management | 1.7M | $311.81M |
Yacktman Asset Management | 1.26M | $231.63M |
LSV Asset Management | 1.18M | $216.46M |
Content analysis
?Positive | ||
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Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
amidst, array, bolstered, challenging, conversion, demonstrating, elevated, macroeconomic, moderate, political, prove, rapid, recession, recessionary, slowdown, standard
Removed:
aerospace, chain, energy, excluding, gain, guidance, inception, increasing, insignificant, location, modified, October, shipment, termination, transition, turn, variety
Financial reports
Current reports
8-K
Reliance Steel & Aluminum Co. Reports Second Quarter 2022 Financial Results
28 Jul 22
8-K
Reliance Steel & Aluminum Co. Announces Executive Officer Retirement and Promotions
20 May 22
8-K
Reliance Steel & Aluminum Co. Reports First Quarter 2022 Financial Results
28 Apr 22
8-K
Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2021 Financial Results
17 Feb 22
8-K
Reliance Steel & Aluminum Co. Reports Record Third Quarter 2021 Financial Results
28 Oct 21
8-K
RELIANCE STEEL & ALUMINUM CO. ANNOUNCES APPOINTMENT OF FRANK J. DELLAQUILA TO bOARD OF DIRECTORS
6 Oct 21
8-K
RELIANCE STEEL & ALUMINUM CO. ANNOUNCES New Director
23 Jul 21
8-K
Reliance Steel & Aluminum Co. Reports Record Second Quarter 2021 Financial Results
22 Jul 21
8-K
RELIANCE STEEL & ALUMINUM CO. ANNOUNCES Executive OFFICER Retirement and promotions
1 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
20 May 21
Registration and prospectus
S-8
Registration of securities for employees
11 Dec 20
424B5
Prospectus supplement for primary offering
30 Jul 20
FWP
Free writing prospectus
28 Jul 20
424B5
Prospectus supplement for primary offering
28 Jul 20
S-3ASR
Automatic shelf registration
28 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Sep 15
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Sep 15
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Sep 15
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Sep 15
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Sep 15
Other
SD
Conflict minerals disclosure
24 May 22
SD
Conflict minerals disclosure
26 May 21
SD
Conflict minerals disclosure
26 May 20
SD
Conflict minerals disclosure
28 May 19
SD
Conflict minerals disclosure
23 May 18
SD
Conflict minerals disclosure
4 Jun 17
NO ACT
No action letter
9 Feb 17
SD
Conflict minerals disclosure
26 May 16
NO ACT
No action letter
25 Feb 16
SD
Conflict minerals disclosure
28 May 15
Ownership
4
RELIANCE STEEL & ALUMINUM / William A Smith II ownership change
12 Aug 22
4
RELIANCE STEEL & ALUMINUM / JAMES DONALD HOFFMAN ownership change
8 Jul 22
3
RELIANCE STEEL & ALUMINUM / Michael R Hynes ownership change
1 Jul 22
11-K
Annual report of employee stock purchases
28 Jun 22
11-K
Annual report of employee stock purchases
28 Jun 22
4
RELIANCE STEEL & ALUMINUM / Douglas Stotlar ownership change
19 May 22
4
RELIANCE STEEL & ALUMINUM / David W Seeger ownership change
19 May 22
4
RELIANCE STEEL & ALUMINUM / Robert Ambrose McEvoy ownership change
19 May 22
4
RELIANCE STEEL & ALUMINUM / MARK V KAMINSKI ownership change
19 May 22
4
RELIANCE STEEL & ALUMINUM / John G. Figueroa ownership change
19 May 22
Transcripts
2022 Q2
Earnings call transcript
28 Jul 22
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
17 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
22 Apr 21
2020 Q4
Earnings call transcript
19 Feb 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
23 Apr 20
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