Reliance Steel & Aluminum Co (RS)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,160,000 | 1,343,300 | 1,459,400 | 1,619,000 | 1,739,500 | 1,869,200 | 2,028,200 | 2,304,400 | 2,506,900 | 2,614,700 | 2,613,800 | 2,286,700 | 1,948,900 | 1,569,700 | 1,182,600 | 840,800 | 565,800 | 607,300 | 688,000 | 836,000 |
| Revenue (ttm) | US$ in thousands | 13,835,000 | 14,045,700 | 14,248,400 | 14,485,400 | 14,805,900 | 15,079,400 | 15,703,600 | 16,504,500 | 17,025,000 | 17,402,900 | 17,003,100 | 15,740,700 | 14,093,300 | 12,238,700 | 10,476,900 | 9,077,400 | 8,811,900 | 9,125,600 | 9,725,900 | 10,590,100 |
| Operating profit margin | 8.38% | 9.56% | 10.24% | 11.18% | 11.75% | 12.40% | 12.92% | 13.96% | 14.72% | 15.02% | 15.37% | 14.53% | 13.83% | 12.83% | 11.29% | 9.26% | 6.42% | 6.65% | 7.07% | 7.89% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,160,000K ÷ $13,835,000K
= 8.38%
Reliance Steel & Aluminum Co's operating profit margin has shown a fluctuating trend over the analyzed period, ranging from a low of 6.42% in December 2020 to a high of 15.37% in June 2022. The company experienced a general upward trajectory in operating profit margin from March 2021 to June 2022, indicating an improvement in operational efficiency and profitability during this period. However, the margin started declining after June 2022, reaching 8.38% by December 2024.
The operating profit margin measures the proportion of revenue that remains as operating income after accounting for operating expenses. A higher operating profit margin suggests that the company is effectively managing its costs and generating a higher profit from its core business activities. Reliance Steel & Aluminum Co's fluctuating operating profit margin highlights the dynamic nature of its operating performance and the need for ongoing monitoring to ensure sustainable profitability.