Reliance Steel & Aluminum
RS
#986
Rank
$18.49 B
Marketcap
$322.12
Share price
-0.24%
Change (1 day)
29.97%
Change (1 year)

Operating Margin for Reliance Steel & Aluminum (RS)

Operating Margin as of April 2024 (TTM): 12.67%

According to Reliance Steel & Aluminum 's latest financial reports and stock price the company's current Operating Margin is 12.67%. At the end of 2022 the company had an Operating Margin of 14.64%.

Operating Margin history for Reliance Steel & Aluminum from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.64%6.05%
202113.81%124.84%
20206.14%-33.56%
20199.24%13.8%
20188.12%20.04%
20176.77%13.42%
20165.97%2.72%
20155.81%-3.38%
20146.01%-0.25%
20136.03%-23.82%
20127.91%12.61%
20117.02%24%
20105.66%14.54%
20094.95%-53.91%
200810.73%6.3%
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
24.67% 94.71%๐Ÿ‡บ๐Ÿ‡ธ USA
7.02%-44.59%๐Ÿ‡บ๐Ÿ‡ธ USA
4.03%-68.19%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.43%-127.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.33%-181.53%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.