Reliance Steel & Aluminum Co (RS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,160,000 | 1,739,500 | 2,506,900 | 1,948,900 | 565,800 |
| Revenue | US$ in thousands | 13,835,000 | 14,805,900 | 17,025,000 | 14,093,300 | 8,811,900 |
| Operating profit margin | 8.38% | 11.75% | 14.72% | 13.83% | 6.42% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,160,000K ÷ $13,835,000K
= 8.38%
Reliance Steel & Aluminum Co's operating profit margin has demonstrated fluctuations over the past five years. Starting at 6.42% on December 31, 2020, the margin increased steadily to reach 14.72% by December 31, 2022. However, in the following year, there was a slight decrease to 11.75%, indicating a potential shift in the company's operational efficiency. By December 31, 2024, the operating profit margin had dipped to 8.38%, suggesting potential challenges in maintaining profitability levels. Overall, the trend indicates some volatility in the company's ability to generate profits from its core operations over the years under review.