Reading the tape
NYSE: RS
Reliance Steel & Aluminum Co.
Basic Materials · Steel
Market Cap
$17.61B
52w High
$365.59
52w Low
$260.31
P/E
22.07
Volume
564.66K
Outstanding Shares
51.11M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 21.7%Revenue (TTM): 8.49%FCF (TTM): -49.71%P/FCF: 100th pct
What changed
The stock rose 21.7% over the last year. Revenue grew 8.49% over the trailing twelve months. Operating margin moved from 7.73% to 7.52%. Free cash flow declined 49.71% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 7.52%. A decisive move in revenue — currently up 8.49% — would be the clearest signal to resolve the ambiguity.
Company profile
Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally.
CEOKarla R. Lewis
SectorBasic Materials
IndustrySteel
Employees15,900
IPO dateSep 16, 1994
Valuation
Forward P/E—
EV/EBITDA13.01
Enterprise value$16.96B
Stock splits
Jul 20, 2006↑ Forward
Every 1 shares became 2
Sep 27, 1999↑ Forward
Every 2 shares became 3
Jun 30, 1997↑ Forward
Every 2 shares became 3
Profitability & growth
Revenue growth15.53%
Gross margin27.22%▼3.43%vs FY2024
Operating margin7.52%▼15.82%vs FY2024
ROE10.31%▼14.93%vs FY2024
Analyst consensus
RatingHold
Target price$330.00▼4.22%
9
Buy
16
Hold
2
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 22, 2026
Q3 FY26 · EPS est $5.18 · Revenue est $4.06B
View
Dividends
$4.90/shareQuarterlyDividend Aristocrat · 30yrEx-div May 22, 2026 · in 28dSafeRS pays a dividend with a 1.42% declared yield, 30 consecutive years of growth, growing at 13.3% annually, covered 2.0× by free cash flow.
Declared Yield
1.42%
Annual Div / Share
$4.90
5yr CAGR
+13.3%
Doubles every ~5.6yr
Payout Ratio
31.77%
Safe
Dividend Growth Rate
3yr CAGR
+9.33%
5yr CAGR
+13.3%
10yr CAGR
+11.84%
Dividend Safety
9/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$4.90+6.5%
2025$4.60+9.5%
2024$4.20+12.0%
2023$3.75+20.0%
2022$3.13+19.0%
2021$2.63+11.7%
2020$2.35+11.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$14/yr
$1/mo
In 5 yrs
$25/yr+76%
$2/mo
In 10 yrs
$44/yr+211%
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$14/yr $1/mo | $25/yr+76% $2/mo | $44/yr+211% $4/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 1.42% → 4.42% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
RS has raised its dividend for 30 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 13.3% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.