(RS) Reliance Steel Aluminum - Ratings and Ratios

Reliance, Inc., operating as a diversified metal solutions provider, stands as the largest metals service center company in the United States, with significant operations in Canada and internationally. Their extensive product line encompasses approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. This comprehensive range underscores their position as a key player in the industry.

The companys metals processing services are integral to various sectors such as general manufacturing, non-residential construction, transportation, aerospace, energy, electronics, and semiconductor fabrication, as well as heavy industries. Their direct sales model targets original equipment manufacturers, particularly small machine shops and fabricators, highlighting their strategic role in the supply chain.

Originally known as Reliance Steel & Aluminum Co., the company rebranded as Reliance, Inc. in February 2024, reflecting its expanded scope beyond steel and aluminum. Founded in 1939, Reliance, Inc. is headquartered in Scottsdale, Arizona, and has established a legacy of reliability and adaptability in the metals industry.

From a financial standpoint, Reliance, Inc. boasts a market capitalization of approximately $15.7 billion, indicating significant market presence. The trailing P/E ratio of 15.94 and forward P/E of 19.65 suggest a balanced valuation with growth potential. The price-to-book ratio of 2.11 reflects strong asset valuation, while the price-to-sales ratio of 1.12 points to efficient revenue generation relative to market value.

For more detailed information, visit their official website at https://www.rsac.com.