Reliance Steel & Aluminum
RS
$320.16
Share price
-0.61%
Change (1 day)
26.28%
Change (1 year)
Categories
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 |
|---|---|---|
| 2022 | 14.64% | 6.05% |
| 2021 | 13.81% | 124.84% |
| 2020 | 6.14% | -33.56% |
| 2019 | 9.24% | 13.8% |
| 2018 | 8.12% | 20.04% |
| 2017 | 6.77% | 13.42% |
| 2016 | 5.97% | 2.72% |
| 2015 | 5.81% | -3.38% |
| 2014 | 6.01% | -0.25% |
| 2013 | 6.03% | -23.82% |
| 2012 | 7.91% | 12.61% |
| 2011 | 7.02% | 24% |
| 2010 | 5.66% | 14.54% |
| 2009 | 4.95% | -53.91% |
| 2008 | 10.73% | 6.3% |
| 2007 | 10.09% | -8.35% |
| 2006 | 11.01% | 1.11% |
| 2005 | 10.89% | 4.29% |
| 2004 | 10.45% | 152.71% |
| 2003 | 4.13% | 0.1% |
| 2002 | 4.13% | -17.39% |
| 2001 | 5.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Nucor
NUE | 24.67% | 94.71% | 🇺🇸 USA |
 Worthington Industries
WOR | 7.02% | -44.59% | 🇺🇸 USA |
 Olympic Steel
ZEUS | 4.03% | -68.19% | 🇺🇸 USA |
 Carpenter Technology CRS | -3.43% | -127.07% | 🇺🇸 USA |
 Alcoa AA | -10.33% | -181.53% | 🇺🇸 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.