Reliance Steel & Aluminum Co. (RS) Key Metrics
RS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $20.99B
- Enterprise value
- $21.40B
- P/E (TTM)
- 23.9 10-yr median 12.0
- Forward P/E
- 16.4
- PEG ratio
- 2.29
- Price / sales
- 1.3 10-yr median 0.7
- Price / book
- 2.7 10-yr median 1.6
- EV / EBITDA
- 13.4 10-yr median 8.4
- Dividend yield
- 1.22% $5.00 a year
- Beta
- 0.95
RS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRS valuation Price multiples at each fiscal year-end price.
RS returns How much profit the business earns on the capital it uses.
RS per-share figures Results divided by the shares outstanding at year-end.
RS financial health Debt, liquidity and how easily interest is covered.
RS efficiency & capital use Working capital cycle and where the cash goes.
RS valuation history
RS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RS cash returned to shareholders
RS price vs earnings per share
RS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $15.27B | $15.14B | $16.51B | $12.45B | $10.44B | $7.82B | $8.13B | $5.16B | $6.31B | $5.82B |
| Enterprise value | $17.05B | $16.24B | $16.80B | $13.14B | $12.00B | $8.98B | $9.74B | $7.23B | $8.06B | $7.62B |
| P/E ratio | 20.7 | 17.3 | 12.4 | 6.8 | 7.4 | 21.2 | 11.6 | 8.1 | 10.3 | 19.1 |
| Price / sales | 1.1 | 1.1 | 1.1 | 0.7 | 0.7 | 0.9 | 0.7 | 0.4 | 0.6 | 0.7 |
| Price / book | 2.1 | 2.1 | 2.1 | 1.8 | 1.7 | 1.5 | 1.6 | 1.1 | 1.4 | 1.4 |
| Price / free cash flow | 30.4 | 15.2 | 13.7 | 7.0 | 18.5 | 7.8 | 7.7 | 12.1 | 26.6 | 12.3 |
| Price / operating cash flow | 18.4 | 10.6 | 9.9 | 5.9 | 13.1 | 6.7 | 6.2 | 7.8 | 15.8 | 9.3 |
| EV / sales | 1.2 | 1.2 | 1.1 | 0.8 | 0.9 | 1.0 | 0.9 | 0.6 | 0.8 | 0.9 |
| EV / EBITDA | 13.1 | 11.2 | 8.3 | 4.8 | 5.3 | 10.6 | 7.5 | 5.9 | 8.5 | 9.6 |
| EV / free cash flow | 33.9 | 16.3 | 14.0 | 7.4 | 21.3 | 9.0 | 9.2 | 17.0 | 33.9 | 16.2 |
| Earnings yield | 4.8% | 5.8% | 8.1% | 14.8% | 13.5% | 4.7% | 8.6% | 12.3% | 9.7% | 5.2% |
| Free cash flow yield | 3.3% | 6.6% | 7.3% | 14.3% | 5.4% | 12.8% | 13.0% | 8.2% | 3.8% | 8.1% |
| Dividend yield | 1.7% | 1.6% | 1.4% | 1.7% | 1.7% | 2.1% | 1.9% | 2.8% | 2.1% | 2.1% |
| Shareholder yield (dividends + buybacks) | 5.6% | 8.9% | 4.3% | 6.8% | 4.8% | 6.4% | 2.5% | 12.2% | 2.5% | 2.1% |
| Share price at fiscal year-end | $288.87 | $269.26 | $279.68 | $202.44 | $162.22 | $119.75 | $119.76 | $71.17 | $85.79 | $79.54 |
| Per share | ||||||||||
| Revenue per share | $270.34 | $245.97 | $250.88 | $276.85 | $219.09 | $135.02 | $161.72 | $159.23 | $132.19 | $117.80 |
| Earnings per share | $13.98 | $15.56 | $22.64 | $29.92 | $21.97 | $5.66 | $10.34 | $8.75 | $8.34 | $4.16 |
| Operating cash flow per share | $15.72 | $25.42 | $28.32 | $34.45 | $12.43 | $17.97 | $19.18 | $9.17 | $5.43 | $8.57 |
| Free cash flow per share | $9.50 | $17.76 | $20.38 | $28.89 | $8.75 | $15.34 | $15.61 | $5.86 | $3.23 | $6.45 |
| Cash per share | $4.10 | $5.66 | $18.30 | $19.08 | $4.67 | $10.47 | $2.57 | $1.77 | $2.10 | $1.68 |
| Book value per share | $135.60 | $128.36 | $130.85 | $115.25 | $94.62 | $78.38 | $76.73 | $64.49 | $63.46 | $56.74 |
| Tangible book value per share | $76.41 | $72.02 | $78.46 | $64.43 | $45.10 | $34.22 | $32.01 | $23.86 | $23.29 | $16.00 |
| Dividends per share | $4.82 | $4.44 | $4.03 | $3.53 | $2.75 | $2.51 | $2.23 | $2.01 | $1.79 | $1.65 |
| Capex per share | $6.22 | $7.66 | $7.94 | $5.56 | $3.68 | $2.64 | $3.57 | $3.31 | $2.20 | $2.12 |
| Debt per share | $37.64 | $25.21 | $23.34 | $30.33 | $29.04 | $28.35 | $26.39 | $30.42 | $25.86 | $26.38 |
| Shares outstanding | 52.9M | 56.2M | 59.0M | 61.5M | 64.3M | 65.3M | 67.9M | 72.4M | 73.5M | 73.1M |
| Change in shares outstanding | −6.0% | −4.7% | −4.0% | −4.4% | −1.4% | −3.8% | −6.3% | −1.5% | +0.6% | −2.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 10.3% | 11.7% | 18.0% | 27.9% | 25.2% | 7.2% | 14.2% | 13.6% | 13.9% | 7.5% |
| Return on invested capital (ROIC) | 9.1% | 11.1% | 17.0% | 24.7% | 21.1% | 8.6% | 11.4% | 11.0% | 10.8% | 7.1% |
| Return on assets (ROA) | 7.3% | 8.5% | 12.8% | 18.5% | 16.0% | 4.5% | 8.7% | 8.0% | 8.1% | 4.2% |
| Return on tangible assets | 10.2% | 12.8% | 18.1% | 25.5% | 22.2% | 7.1% | 13.8% | 12.4% | 12.8% | 6.9% |
| Free cash flow margin | 3.5% | 7.2% | 8.1% | 10.4% | 4.0% | 11.4% | 9.7% | 3.7% | 2.4% | 5.5% |
| Income quality (OCF / net income) | 1.12 | 1.63 | 1.25 | 1.15 | 0.57 | 3.18 | 1.86 | 1.05 | 0.65 | 2.06 |
| Financial health | ||||||||||
| Total debt | $1.99B | $1.42B | $1.38B | $1.87B | $1.87B | $1.85B | $1.79B | $2.20B | $1.90B | $1.93B |
| Cash & short-term investments | $216.6M | $318.1M | $1.08B | $1.17B | $300.5M | $683.5M | $174.3M | $128.2M | $154.4M | $122.8M |
| Net debt | $1.77B | $1.10B | $297.1M | $691.9M | $1.57B | $1.17B | $1.62B | $2.08B | $1.75B | $1.81B |
| Debt / equity | 0.28 | 0.20 | 0.18 | 0.26 | 0.31 | 0.36 | 0.34 | 0.47 | 0.41 | 0.47 |
| Debt / assets | 0.19 | 0.14 | 0.13 | 0.18 | 0.20 | 0.23 | 0.22 | 0.27 | 0.25 | 0.26 |
| Net debt / EBITDA | 1.36 | 0.76 | 0.15 | 0.25 | 0.69 | 1.38 | 1.24 | 1.70 | 1.85 | 2.26 |
| Current ratio | 4.88 | 3.21 | 5.66 | 3.55 | 3.91 | 5.08 | 4.46 | 4.70 | 4.34 | 4.10 |
| Quick ratio | 2.30 | 1.54 | 3.23 | 2.10 | 1.97 | 2.76 | 2.02 | 2.10 | 1.88 | 1.76 |
| Interest coverage | 18.4 | 29.2 | 43.4 | 40.3 | 13.2 | 5.1 | 6.4 | 6.1 | 4.7 | 3.9 |
| Working capital | $3.29B | $2.68B | $3.93B | $3.51B | $3.10B | $2.50B | $2.33B | $2.59B | $2.35B | $2.03B |
| Invested capital | $8.94B | $8.32B | $8.02B | $7.78B | $7.65B | $6.28B | $6.82B | $6.75B | $6.41B | $5.96B |
| Tangible asset value | $4.05B | $4.06B | $4.64B | $3.97B | $2.91B | $2.24B | $2.18B | $1.74B | $1.75B | $1.20B |
| Net current asset value | $947.3M | $1.10B | $2.02B | $1.65B | $717.8M | $128.7M | $93.2M | −$80.4M | $200,000 | −$543.7M |
| Graham number | $206.56 | $211.99 | $258.16 | $278.56 | $216.25 | $99.87 | $133.60 | $112.66 | $109.14 | $72.89 |
| Graham net-net per share | −$13.78 | −$7.25 | $8.22 | $2.26 | −$13.17 | −$13.70 | −$16.08 | −$19.12 | −$16.54 | −$22.20 |
| Capital allocation | ||||||||||
| Dividends paid | $254.7M | $249.7M | $238.1M | $217.1M | $177.0M | $164.1M | $151.3M | $145.3M | $132.0M | $120.4M |
| Share buybacks (net) | $594.1M | $1.09B | $479.5M | $630.3M | $323.5M | $337.3M | $50.0M | $484.9M | $25.0M | $0 |
| Dividend payout ratio | 34.4% | 28.5% | 17.8% | 11.8% | 12.5% | 44.5% | 21.6% | 22.9% | 21.5% | 39.6% |
| Dividends + buybacks / free cash flow | 168.9% | 134.4% | 59.7% | 47.7% | 88.9% | 50.1% | 19.0% | 148.4% | 66.1% | 25.5% |
| Capex / revenue | 2.3% | 3.1% | 3.2% | 2.0% | 1.7% | 2.0% | 2.2% | 2.1% | 1.7% | 1.8% |
| Capex / operating cash flow | 39.6% | 30.1% | 28.1% | 16.1% | 29.6% | 14.7% | 18.6% | 36.1% | 40.5% | 24.7% |
| Capex / depreciation | 1.18 | 1.60 | 1.91 | 1.42 | 1.03 | 0.76 | 1.10 | 1.11 | 0.74 | 0.70 |
| Stock-based compensation / revenue | 0.4% | 0.4% | 0.4% | 0.4% | 0.5% | 0.5% | 0.5% | 0.4% | 0.3% | 0.3% |
| SG&A / revenue | 19.6% | 19.4% | 17.5% | 14.9% | 16.6% | 21.4% | 19.3% | 18.3% | 19.8% | 21.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 37.6 | 38.4 | 38.3 | 35.2 | 33.8 | 42.1 | 39.3 | 37.2 | 38.5 | 40.5 |
| Days of inventory on hand | 73.5 | 74.3 | 70.2 | 61.7 | 64.7 | 89.9 | 80.4 | 76.4 | 83.2 | 86.9 |
| Days payables outstanding | 12.9 | 14.1 | 14.3 | 13.2 | 13.2 | 15.7 | 14.2 | 14.8 | 16.6 | 16.1 |
| Cash conversion cycle (days) | 98.2 | 98.6 | 94.2 | 83.7 | 85.3 | 116.3 | 105.4 | 98.7 | 105.1 | 111.4 |
| Receivables turnover | 9.72 | 9.51 | 9.52 | 10.36 | 10.79 | 8.67 | 9.29 | 9.82 | 9.48 | 9.00 |
| Payables turnover | 28.40 | 25.89 | 25.54 | 27.74 | 27.57 | 23.30 | 25.62 | 24.71 | 22.04 | 22.70 |
| Inventory turnover | 4.97 | 4.91 | 5.20 | 5.92 | 5.64 | 4.06 | 4.54 | 4.78 | 4.39 | 4.20 |
| Asset turnover | 1.40 | 1.35 | 1.42 | 1.71 | 1.60 | 1.09 | 1.36 | 1.46 | 1.28 | 1.19 |
| Average receivables | $1.47B | $1.46B | $1.56B | $1.64B | $1.31B | $1.02B | $1.18B | $1.17B | $1.03B | $956.6M |
| Average payables | $368.6M | $386.1M | $411.4M | $433.1M | $356.6M | $267.1M | $306.9M | $342.8M | $324.4M | $274.6M |
| Average inventory | $2.11B | $2.04B | $2.02B | $2.03B | $1.74B | $1.53B | $1.73B | $1.77B | $1.63B | $1.48B |
| Intangibles / total assets | 30.2% | 31.6% | 29.5% | 30.3% | 33.4% | 35.6% | 37.3% | 36.6% | 38.1% | 40.2% |
Computed from RS's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
RS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Reliance Steel & Aluminum traded at 20.7 times earnings, against a 10-year median of 12.0. Based on the latest twelve months, the trailing P/E is 23.9 and the forward P/E is 16.4. Reliance Steel & Aluminum earned a return on equity of 10.3% and a return on invested capital of 9.1% in fiscal 2025. It ended the year with $2.0 billion of debt and $216.6 million in cash and short-term investments, net debt of $1.8 billion. It returned $848.8 million to shareholders: $254.7 million in dividends and $594.1 million in share buybacks, 169% of free cash flow. The share count fell 27.7% from 73.1M to 52.9M over 9 years.
See the RS income statement, the RS chart for price history, or the RS stock overview for the latest quote and news.
RS key metrics FAQ
What is Reliance Steel & Aluminum's P/E ratio?
Reliance Steel & Aluminum's trailing P/E ratio is 23.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.4. At the end of fiscal 2025 it was 20.7, compared with a 10-year median of 12.0.
What is Reliance Steel & Aluminum's EV/EBITDA?
Reliance Steel & Aluminum's enterprise value was 13.1 times EBITDA at the end of fiscal 2025 (enterprise value $17.0 billion, EBITDA $1.3 billion); the current EV/EBITDA is 13.4.
What is Reliance Steel & Aluminum's return on equity?
Reliance Steel & Aluminum's return on equity (ROE) was 10.3% in fiscal 2025: net income of $739.4 million on average shareholders' equity of $7.2 billion.
What is Reliance Steel & Aluminum's ROIC?
Reliance Steel & Aluminum's return on invested capital was 9.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Reliance Steel & Aluminum have?
Reliance Steel & Aluminum had total debt of $2.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.28 and $1.8 billion of net debt (1.36 times EBITDA).
What is Reliance Steel & Aluminum's dividend yield?
Reliance Steel & Aluminum's forward dividend yield is 1.22%. Reliance Steel & Aluminum paid $254.7 million in dividends in fiscal 2025 ($4.82 per share), a payout ratio of 34.4%.
Does Reliance Steel & Aluminum buy back its shares?
Yes. Reliance Steel & Aluminum spent $594.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −6.0% over the year, to 52.9M..
What is Reliance Steel & Aluminum's free cash flow yield?
Reliance Steel & Aluminum generated $502.5 million of free cash flow in fiscal 2025, a free cash flow yield of 3.3% on its market value at year-end ($15.3 billion).
What is Reliance Steel & Aluminum's current ratio?
Reliance Steel & Aluminum's current ratio was 4.88 at the end of fiscal 2025: current assets were 4.88 times current liabilities.