RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Russel Metals Stock

Russel Metals ROE 2024

Russel Metals ROE

0.16

Ticker

RUS.TO

ISIN

CA7819036046

WKN

856568

In 2024, Russel Metals's return on equity (ROE) was 0.16, a -31.81% increase from the 0.24 ROE 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.

ROE Details

Decoding Russel Metals's Return on Equity (ROE)

Russel Metals's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Russel Metals's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Russel Metals's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Russel Metals’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Russel Metals stock

What is the ROE (Return on Equity) of Russel Metals this year?

The ROE of Russel Metals this year is 0.16 undefined.

How has the Return on Equity (ROE) of Russel Metals developed compared to the previous year?

The ROE of Russel Metals has increased by -31.81% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Russel Metals?

A high ROE indicates that Russel Metals generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Russel Metals?

A low ROE can indicate that Russel Metals is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Russel Metals affect the company?

A change in ROE (Return on Equity) of Russel Metals can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Russel Metals?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Russel Metals?

Some factors that can influence Russel Metals's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Russel Metals stock can be added to a savings plan with the following providers: Trade Republic

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.