Reliance Steel & Aluminum
RS
#1060
Rank
$15.11 B
Marketcap
$256.26
Share price
0.03%
Change (1 day)
34.20%
Change (1 year)

Operating Margin for Reliance Steel & Aluminum (RS)

Operating Margin as of March 2023 (TTM): 14.27%

According to Reliance Steel & Aluminum 's latest financial reports and stock price the company's current Operating Margin is 14.27%. At the end of 2021 the company had an Operating Margin of 14.41%.

Operating Margin history for Reliance Steel & Aluminum from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202114.41%104.69%
20207.04%-28.99%
20199.92%13.6%
20188.73%17.18%
20177.45%11.42%
20166.69%4.13%
20156.42%-1.41%
20146.51%-0.47%
20136.54%-22.41%
20128.43%20.07%
20117.02%24%
20105.66%14.54%
20094.95%-49.17%
20089.73%-3.62%
200710.09%-8.35%
200611.01%1.11%
200510.89%4.29%
200410.45%152.71%
20034.13%0.1%
20024.13%-17.39%
20015.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
25.21% 76.66%๐Ÿ‡บ๐Ÿ‡ธ USA
5.41%-62.09%๐Ÿ‡บ๐Ÿ‡ธ USA
6.09%-57.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.43%-124.04%๐Ÿ‡บ๐Ÿ‡ธ USA
6.65%-53.40%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.