What is the ROCE (Return on Capital Employed) of Reliance this year?
The ROCE of Reliance is 0.23 undefined this year.
Reliance ROCE 2024
Reliance ROCE
0.23
Ticker
RS
ISIN
US7595091023
WKN
892629
In 2024, Reliance's return on capital employed (ROCE) was 0.23, a -36.56% increase from the 0.36 ROCE in the previous year.
Reliance Aktienanalyse
What does Reliance do?
Reliance Steel & Aluminum Co is one of the largest companies in steel and aluminum distribution worldwide. The company is based in Los Angeles, California, and has been in business since 1939. Reliance Steel & Aluminum Co started as a one-man operation and has grown over the years to a company with over $11 billion in revenue and approximately 300 locations in 40 countries worldwide. The company has been listed on the New York Stock Exchange since 1994. The company's business model is based on selling steel and aluminum products to various industries such as construction, aerospace, defense, automotive, oil and gas, and many more. Reliance Steel & Aluminum Co offers a wide range of products including sheets, bars, pipes, extruded profiles, stainless steel, carbon steel, aluminum, and many other types of metals and alloys. The company has divided itself into different business segments to offer a wider range of products and services to its customers. These business segments include: - Carbon Steel: This segment includes most of the products the company offers, including pipes, bars, and sheets made of carbon steel. - Stainless Steel: This segment refers to all products made of stainless steel. Reliance is one of the largest suppliers of stainless steel components in North America. - Aluminum: Aluminum is an important component of many products the company offers. Reliance offers a wide range of aluminum products such as plates, pipes, and bars. - Specialty Metals: This business segment includes highly specialized alloys and metals such as titanium, Inconel, and Monel. The products in this segment are more expensive than traditional steel and aluminum products, but they have special properties that are essential for certain applications. The company also offers services such as cutting, shaping, and surface processing. Reliance Steel & Aluminum Co has an excellent reputation for the quality of its products and services and is known for its fast and reliable deliveries. Over the years, Reliance Steel & Aluminum Co has carried out several acquisitions and mergers to accelerate its growth and expand its product range. Some notable acquisitions include the purchase of Metals USA in 2013 for more than $1.2 billion and the purchase of Earle M. Jorgensen Company in 2006 for approximately $1.1 billion. The company also has a strong presence in other countries, particularly in Europe and Asia. Reliance Steel & Aluminum Co has strengthened its presence on the continent in recent years through the acquisition of companies in Europe. The company also has branches in Mexico, Canada, and Australia. Overall, Reliance Steel & Aluminum Co has become one of the leading companies in steel and aluminum distribution through its wide range of products, quality products and services, fast delivery times, and strong growth. Reliance ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Reliance's Return on Capital Employed (ROCE)
Reliance's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Reliance's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Reliance's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Reliance’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Reliance stock
How has the ROCE (Return on Capital Employed) of Reliance developed compared to the previous year?
The ROCE of Reliance has increased by -36.56% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Reliance?
A high Return on Capital Employed (ROCE) indicates that Reliance has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Reliance?
A low ROCE (Return on Capital Employed) can indicate that Reliance has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Reliance impact the company?
An increase in the ROCE of Reliance can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Reliance affect the company?
A decrease in ROCE of Reliance can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Reliance?
Some factors that can affect Reliance's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Reliance so important for investors?
The ROCE of Reliance is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Reliance take to improve the ROCE?
To improve the ROCE, Reliance can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Reliance pay?
Over the past 12 months, Reliance paid a dividend of 4 USD . This corresponds to a dividend yield of about 1.47 %. For the coming 12 months, Reliance is expected to pay a dividend of 4.86 USD.
What is the dividend yield of Reliance?
The current dividend yield of Reliance is 1.47 %.
When does Reliance pay dividends?
Reliance pays a quarterly dividend. This is distributed in the months of December, April, June, September.
How secure is the dividend of Reliance?
Reliance paid dividends every year for the past 23 years.
What is the dividend of Reliance?
For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 1.79 %.
In which sector is Reliance located?
Reliance is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Reliance kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Reliance from 8/30/2024 amounting to 1.1 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did Reliance pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of Reliance in the year 2023?
In the year 2023, Reliance distributed 3.5 USD as dividends.
In which currency does Reliance pay out the dividend?
The dividends of Reliance are distributed in USD.
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Andere Kennzahlen von Reliance
Our stock analysis for Reliance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
