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Russel Metals Stock

Russel Metals ROA 2024

Russel Metals ROA

0.1

Ticker

RUS.TO

ISIN

CA7819036046

WKN

856568

In 2024, Russel Metals's return on assets (ROA) was 0.1, a -30.05% increase from the 0.15 ROA in the previous year.

Russel Metals Aktienanalyse

What does Russel Metals do?

Russel Metals Inc is a Canadian company headquartered in Mississauga, Ontario. It was founded in 1929 and has since become one of the leading steel and metal distributors in North America. The main business areas of Russel Metals include procurement, processing, and sales of steel and metal products. The company operates in three main divisions: Service Center, Energy Products, and Steel Distribution. The Service Center division offers a wide range of products, including carbon steels and stainless steels. The Energy Products division specializes in pipeline products, while the Steel Distribution division focuses on selling steel products in the North American market. Russel Metals offers a variety of products, including bars, channels, pipes, plates, structures, sheets, and coils. The company also provides specialty and custom products and services such as cutting, drilling, punching, and bending. Over the years, Russel Metals has expanded its presence in North America through acquisitions and strategic takeovers. The company has made several acquisitions in recent years, including the purchase of Apex Distribution in 2015 and Leroux Steel in 2016. These acquisitions have helped Russel Metals expand its market presence in North America and diversify its business. Russel Metals places a strong emphasis on sustainability and is committed to environmentally friendly business practices. The company has taken measures to improve its energy and resource efficiency and is working to reduce its ecological footprint. Russel Metals also prioritizes customer orientation and works closely with its clients to provide tailored solutions that meet their specific requirements. Overall, Russel Metals is a leading steel and metal distributor in North America that strengthens its position through strategic acquisitions, excellent customer service, and a wide portfolio of high-quality products and services. The company has a strong presence in various markets, including construction, oil and gas industry, mining, and transportation, and is well positioned for further growth and expansion. Russel Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Russel Metals's Return on Assets (ROA)

Russel Metals's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Russel Metals's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Russel Metals's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Russel Metals’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Russel Metals stock

What is the Return on Assets (ROA) of Russel Metals this year?

The Return on Assets (ROA) of Russel Metals is 0.1 undefined this year.

What was the ROA of Russel Metals compared to the previous year?

The ROA of Russel Metals has increased by -30.05% compared to the previous year.

What consequences do high ROA have for investors of Russel Metals?

A high ROA is advantageous for investors of Russel Metals, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Russel Metals?

A low ROA can be unfavorable for investors of Russel Metals as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Russel Metals affect the company?

An increase in ROA of Russel Metals can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Russel Metals impact the company?

A reduction in the ROA of Russel Metals can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Russel Metals?

Some factors that can influence the ROA of Russel Metals include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Russel Metals important for investors?

The ROA of Russel Metals is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Russel Metals take to improve ROA?

To improve ROA, Russel Metals can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Russel Metals pay?

Over the past 12 months, Russel Metals paid a dividend of 1.58 CAD . This corresponds to a dividend yield of about 4.07 %. For the coming 12 months, Russel Metals is expected to pay a dividend of 1.66 CAD.

What is the dividend yield of Russel Metals?

The current dividend yield of Russel Metals is 4.07 %.

When does Russel Metals pay dividends?

Russel Metals pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Russel Metals?

Russel Metals paid dividends every year for the past 23 years.

What is the dividend of Russel Metals?

For the upcoming 12 months, dividends amounting to 1.66 CAD are expected. This corresponds to a dividend yield of 4.28 %.

In which sector is Russel Metals located?

Russel Metals is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Russel Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Russel Metals from 9/16/2024 amounting to 0.42 CAD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did Russel Metals pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Russel Metals in the year 2023?

In the year 2023, Russel Metals distributed 1.52 CAD as dividends.

In which currency does Russel Metals pay out the dividend?

The dividends of Russel Metals are distributed in CAD.

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Andere Kennzahlen von Russel Metals

Our stock analysis for Russel Metals 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 Russel Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.