Reliance Steel & Aluminum Co. (RS) Stock

Reliance Steel & Aluminum Co. (RS) is a Consumer Discretionary stock trading at $387.77 (as of 2026-08-21), with a market capitalization of $19.80B and a trailing P/E of 24.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Reliance Steel & Aluminum Co. distributes metal products and provides metals processing through a network of locations in the U.S., Canada, and internationally. Its offerings include a broad range of metals and services such as processing and manufacturing of certain specialty extruded metals and fabricated components sold to manufacturers and fabricators.

Understand Reliance Steel & Aluminum Co.: how it makes money

Reliance Steel & Aluminum distributes a large range of metal products (about 100,000 SKUs) and also provides metals processing services, selling to manufacturers and construction, transportation, aerospace, energy, electronics and semiconductor fabrication customers, primarily through its service center network across the U.S., Canada, and internationally.

The profit engine is selling processed metals (driven by tons sold and mix) while managing price realization and working capital, which shows up in metrics like Outperformance vs. Industry, Pricing Improvement (Basis Points), and Days Sales Outstanding.

Business quality (Mixed): Diversified metals distribution plus processing services can support resilient operating performance, but results appear sensitive to industrial demand (tons sold) and working capital efficiency (receivables).

Valuation: At 25× earnings, RS trades in line with the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

Pricing and competitive performance: Pricing Improvement (Basis Points) is positive at 0.9, and the company shows Outperformance vs. Industry of 9.0 percentage points.
Operational throughput and balance-sheet discipline: Inventory Turn Rate is 4.6, and Days Sales Outstanding is 42.0, supporting efficient conversion of sales into cash.
Broad product and processing offering: A large product catalog (about 100,000 metal products) and metals processing services help address demand across multiple end markets, including aerospace and heavy industry.

Bear case

Demand headwind risk: Industry Tons Sold Decline is 2.9%, which indicates the broader market is contracting even if the company can outperform.
Working capital pressure: Days Sales Outstanding is 42.0, so slower collections or weaker customer demand could pressure cash conversion.
Cyclical mix exposure: Sales mix includes Aerospace Mix of Sales (10.0%) and Automotive Mix of Sales (4.0%), so swings in those industries can affect results.

Valuation — source: SEC EDGAR (first-party)
Price	$387.77
Market Cap	$19.80B
P/E Ratio	24.6
EV / EBITDA	15.3
Price / Book	2.78
Price / Sales	1.33
FCF Yield	3.1%
DCF Value (model)	$178.24
DCF Upside vs Price	-54.0%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$14.29B
Net Margin	5.2%
Revenue Growth (YoY)	15.5%
EPS Growth (YoY)	36.4%
FCF Growth (YoY)	-489.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	6.83 (safe)

Valuation vs Sector & Industry
Stock P/E	24.6
Sector P/E (Consumer Discretionary)	20.7
Industry P/E (Wholesale)	24.0
vs Sector	19.0%
vs Industry	2.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($1.77B)
Institutional Holders Tracked	10
Congressional Trades (recent)	5

Company
Sector	Consumer Discretionary
Industry	Wholesale
CEO	Arthur Ajemyan
Employees	15,900
Country	US
IPO Date	1994-09-16

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.